Amazon Credit Card International Fees Explained

If you're an Amazon Prime Rewards Visa Signature Cardholder and plan to use your card internationally, be aware that you'll face some fees. The card charges a foreign transaction fee of 2.7% for each transaction made outside the US.

This fee can add up quickly, especially if you're making large purchases or traveling extensively. For example, if you buy something worth $1,000, the foreign transaction fee would be $27.

To minimize these fees, consider using other payment methods, such as a credit card that doesn't charge foreign transaction fees or a debit card.

Check this out: Does Td Cash Card Have Foreign Transaction Fee

Amazon charges a foreign transaction fee of 2.99% for all international transactions made with their credit cards, including the Amazon Rewards Visa Signature Card and the Amazon Prime Rewards Visa Signature Card.

This fee is automatically added to your purchase at checkout. It's a small price to pay for the convenience of shopping on Amazon from anywhere in the world.

Check this out: Visa Credit Card Fees

The Amazon Prime Rewards Visa Signature Card, for example, charges a higher foreign transaction fee of 2.99% compared to other credit cards that offer 0% foreign transaction fees.

However, the card's rewards program and benefits can still make it a great option for frequent Amazon shoppers who travel abroad.

Amazon also charges a cash advance fee of either $5 or 3% of the amount advanced, whichever is greater, for using their credit cards to withdraw cash from ATMs.

A fresh viewpoint: Mastercard Currency Conversion Fee

The Amazon.ca Rewards Mastercard has a pretty straightforward fee structure. You won't pay an annual fee, which is a plus.

However, you'll need to be an Amazon Prime member to get the most out of this credit card, and that costs $79 per year or $7.99 per month.

Purchases on this card come with an interest rate of 19.99%, and cash advances and balance transfers are even higher at 22.99%.

Foreign transaction fees are around 2.5%, which can add up if you're traveling abroad.

You can get the mid-market rate and avoid high foreign fees by using a credit card that converts your money with the real mid-market rate.

The credit card that stands out in this regard is the Amazon.ca Rewards Mastercard, which has no high foreign transaction fees, allowing you to spend in over 200 countries without any extra charges.

You'll only pay a low and transparent fee in case you need to convert your Canadian dollars, and there are no monthly or annual charges, nor any minimum balance requirements.

Some credit cards to consider for international travel include Amazon.ca Rewards Mastercard, BMO CashBack Mastercard, Scotia Momentum Visa Infinite, and CIBC Dividend Visa Infinite.

Here are some key features to look for in a credit card that can help you avoid high foreign fees: