Credit Cards with No Foreign Currency Conversion Fee

Ranked by estimated first-year value after fees. Uses each offer's best redemption, assumes the bonus is earned and the balance is paid in full.

1.

1. CommBank Ultimate Awards Credit Card (with $4000 per month spend)

Commbank points

$420 annual fee

Offer

50,000 Commbank points

No foreign currency conversion fee charged on overseas or online international transactions

Spend $9,000 in 90 days (~$3,000/mo)

Craig's Take

Moderate spend — $100/day for 90 days. Poor ongoing earn rate.

Estimated value after fees $675

Coles gift cards

Read my analysis