Chase Sapphire Preferred Foreign Transaction Fee Explained

The Chase Sapphire Preferred credit card is a popular choice for travelers, but one thing to consider is the foreign transaction fee. This fee can add up quickly if you're making frequent international purchases or traveling abroad.

The foreign transaction fee for the Chase Sapphire Preferred is 3%. This means that for every transaction you make outside of the US, you'll be charged an additional 3% on top of the purchase price.

If you're planning to use your card for international travel, it's essential to factor in this fee to avoid any surprises on your statement.

Recommended read: Define Preferred Shares

If you're planning to use your Chase credit card for international travel, it's essential to know if it has foreign transaction fees. Your credit card will likely have a foreign transaction fee of around 3% if it's from Chase, PNC, Bank of America, Barclays, or U.S. Bank.

However, there are some credit card issuers that do not charge foreign transaction fees, including Capital One, Discover, USAA, PenFed, and HSBC.

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Some Chase credit cards, like the Chase Sapphire Preferred Card, do not have foreign transaction fees, making them a great option for international travel. The Chase Sapphire Preferred Card is one of the best Chase credit cards for international travel, offering 5 points per dollar spent on travel purchased through Chase.

If you're considering the Chase Sapphire Preferred Card, it's worth noting that you can pool your rewards with other Ultimate Rewards-earning cards, such as the Chase Sapphire Reserve Card. However, you can't hold both a Sapphire Preferred and Sapphire Reserve account at the same time.

Here are some additional hotel rewards cards options from Chase that don't charge foreign transaction fees:

The Chase Sapphire Preferred card is a great option for international travel, but it's not the only Chase card that's worth considering. The Sapphire Reserve Card is another popular choice, but it comes with a higher annual fee.

If you're a frequent traveler, the Sapphire Reserve Card might be the better choice due to its travel-related perks. However, if you don't travel as much or don't want to pay the higher annual fee, the Sapphire Preferred Card offers great perks at a lower cost.

One key difference between the two cards is their rewards programs. Both cards offer sign-up bonuses and a robust rewards program in Chase Ultimate Rewards, but the Sapphire Preferred Card offers a more straightforward rewards structure.

Here's a quick comparison of the two cards:

Ultimately, the right card for you will depend on your individual needs and travel habits. If you're looking for a more affordable option with great perks, the Sapphire Preferred Card might be the better choice.

The Chase Sapphire Preferred Card is a great option for travelers, and one of its key features is that it has no foreign transaction fees. This means you can use your card abroad without incurring extra charges.

One of the benefits of the Chase Sapphire Preferred Card is its annual travel credit, which can be redeemed for $50 in Ultimate Rewards. This can be a nice perk for frequent travelers.

The card also offers a points transfer system, allowing you to transfer your points to Chase's hotel and airline partners on a 1:1 basis. This can be a great way to earn rewards and redeem them for travel.

Another feature of the Chase Sapphire Preferred Card is that it has no authorized user fee, making it easy to add family members or friends to your account.

Here are some of the travel insurance benefits offered by the Chase Sapphire Preferred Card:

The Chase Sapphire Preferred card has a plethora of travel rewards and partners to take advantage of. You can transfer your points to any of Chase's travel partners at a 1:1 rate, making it easier to book hotel stays and airfare for less money.

Suggestion: Chase Sapphire Reserve Hotel Partners

Some of the travel partners include United, British Airways, Virgin Atlantic, and Southwest Airlines, among others. You can also earn points on travel purchases made through the Chase Travel portal, with the potential to earn 5 points per $1 spent.

The card also offers a sign-up bonus of 60,000 points for spending $4,000 in the first 3 months, which can be quite a significant boost to your travel budget. This bonus, combined with the card's rewards rate, makes it a great option for travelers.

Here are some of Chase's travel partners:

The Chase Sapphire Preferred card is a top choice for hotel rewards and international travel. It has a $0 foreign transaction fee, which means you won't be charged extra for purchases made while abroad.

The card's acceptance is worldwide, thanks to its Visa network. This ensures that you can use it almost anywhere in the world.

One of the card's standout features is its sign-up bonus of 60,000 points for spending $4,000 in the first 3 months.

You can earn 1 - 5 points per $1 spent on purchases, with the most points being earned for travel purchases made through the Chase Travel portal.

The card also comes with travel-related perks, such as trip cancellation insurance, travel and emergency assistance, baggage delay reimbursement, and rental car insurance.

Here are some additional hotel rewards cards options from Chase that don’t charge foreign transaction fees:

* The Chase Sapphire Preferred card was rated as the best credit card for international travel by WalletHub’s editors.

The card's annual fee is $95, which is reasonable considering its benefits and rewards. Even casual travelers should have little trouble covering this fee.

Broaden your view: Chase Sapphire Preferred 85000 Points