SOURCE: Creditnet

Creditnet

March 13, 2014 12:37 ET

The Best No Foreign Transaction Fee Credit Cards of 2014, Ranked by Creditnet.com

NEW YORK, NY--(Marketwired - Mar 13, 2014) - Today Creditnet.com announced the best credit cards with no foreign transaction fees. For consumers who are traveling overseas, these credit cards are a smart way to save. Traveling already drains wallets fast, and most credit cards take 3% of every dollar spent overseas. With a credit card that waives foreign transaction fees, consumers can eliminate these costs completely, making it much easier to travel and save. Many of these cards also have great travel rewards, introductory offers, and more.

To create their ranking of the best credit cards with no foreign transaction fees, Creditnet experts analyzed fees, rewards programs, introductory offers, customer reviews, and expert opinions. According to their findings, here are the best no foreign transaction fee credit cards available for consumers today:

Barclaycard Arrival World MasterCard -- Earn 2x on All Purchases

The Barclaycard Arrival World MasterCard - Earn 2x on All Purchases has no foreign transaction fees or mileage caps. Cardholders can earn 2x miles on all purchases and earn 40,000 bonus miles when spending $3000 or more in purchases in the first 90 days from account opening. Users get 10% miles back when redeeming for travel statement credits and can use the card to book through any hotel, airline, or discount travel engine with no blackout dates or seat restrictions. In addition, there is 0% intro APR on purchases and balance transfers for 12 months, and users get complimentary FICO score access.

Discover it

The Discover it card is also a great card to use internationally. Along with having no foreign transaction fees, it also has no annual fees or overlimit fees. Cardholders can earn 5% cash back on up to $1500 in rotating categories (currently restaurant and movie purchases) and 1% cash back on all other purchases. The Discover it card has 0% intro APR on purchases and balance transfers for 14 months, and users also get free FICO scores on their monthly statements. Furthermore, Discover offers great customer service to cardholders 24/7.

Citi Hilton HHonors Reserve

The Citi Hilton HHonors Reserve card rounds off Creditnet's list of the best no foreign transaction fee cards. With this card, users can earn 10 HHonors Bonus Points per dollar spent on hotel stays within the Hilton HHonors portfolio, 5 HHonors Bonus Points per dollar spent on airline and car rental purchases, and 3 HHonors Bonus Points per dollar spent on all other eligible purchases. They can even earn 2 weekend night certificates at select hotels and resorts after spending $2500 in eligible purchases in the first 4 months of account opening. Members also enjoy the benefits of HHonors Gold status.

These are the best credit cards that have no foreign transaction fees. For more information regarding foreign transaction fees or other credit cards, access Creditnet: http://www.creditnet.com/credit-cards/best-credit-cards-no-foreign-transaction-fees

About Creditnet:

Creditnet is an authority credit card comparison site that offers innovative comparison tools to help users find the best credit card for their needs. In addition, the Creditnet Credit Talk Forum is a community of over 100,000 members that discuss credit cards, credit, debt, and credit repair daily.