No Foreign Transaction Fee Credit Cards
Do you know that most credit cards typically charge a transaction fee 2.5% on your purchases in foreign countries? For example, if you use a credit card to pay $1,000 for purchases or for hotel stays in the United States, Asia, or Europe, you may end up with paying a bill of $1,025 after the 2.5% foreign-transaction surcharge is priced in. A few credit cards do not charge such fees. If you may travel abroad, it is always a good idea to carry a credit card with no foreign transaction fees so that you can avoid the 2.5% surcharge on your purchases.
- Earn up to 40,000 bonus Scene+ points in your first year (that's up to $400 towards travel).
- Plus, no annual fee in the first year, including on supplementary cards and get a 0.00% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $120) (1% balance transfer fee).
- The only major bank that saves you 2.5% on foreign transaction fees.
- You will not pay 2.5% foreign transaction fees on any foreign currency purchases, including online shopping and when travelling abroad. Only the exchange rate applies.
- Earn 5 Scene+™ points points for every $1 CAD spent on eligible grocery stores, restaurants, fast food, and drinking establishments. Includes popular food delivery and food subscriptions.
- Earn 3X Scene+ points for every $1 CAD spent on eligible gas and daily transit. Includes rideshare, buses, taxis, subway, and more.
- Earn 3X Scene+ points for every $1 CAD spent on eligible select streaming services.
- Earn 1 point for every $1 you spend on all other eligible everyday purchases
- Save 2.5% while cross-border shopping online.
- Intro APR
- N/A
- Intro APR Period
- N/A
- Purchase APR
- 19.99%
- Annual Fee
- $120
- Earn up to 30,000 bonus Scene+™* points in your first year (that's up to $300 towards travel).¹ Plus, no annual fee in the first year, including on supplementary cards¹
- Earn 20,000 bonus Scene+ points when you spend $1,000 in everyday eligible purchases in the first 3 months.
- Earn 10,000 bonus Scene+ points when you spend at least $40,000 in everyday eligible purchases annually.
- Redeem your Scene+ points towards statement credits, travel, the latest tech, gift cards and more!
- Earn 2 Scene+ points on every $1 you spend on eligible grocery stores, dining, entertainment purchases, and daily transit purchases (including buses, subways, taxis and more).
- Earn 1 Scene+ point on every $1 you spend on all other eligible purchases.
- You will not be charged a Foreign Currency Conversion mark-up on foreign currency purchases whether you make them online or outside of Canada. Only the exchange rate applies.
- Enjoy complimentary Priority Pass™ membership, plus 6 free visits per year from the date of enrolment to all participating lounges worldwide (including Priority Pass and Plaza Premium lounges).
- Intro APR
- N/A
- Intro APR Period
- N/A
- Purchase APR
- 19.99%
- Annual Fee
- $139