Do Walmart Cardholders Pay Foreign Transaction Fees?
Find out if Walmart cards incur foreign transaction fees and learn how to avoid them while shopping internationally.
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Yes, the Walmart card does have foreign transaction fees. Typically, these fees are around 3% of each purchase made outside the United States. To avoid these fees when traveling or shopping internationally, consider using a card that specifically offers no foreign transaction fees.
FAQs & Answers
- What are foreign transaction fees? Foreign transaction fees are charges made by your credit card issuer when you make purchases in a foreign currency or when the transaction is processed outside the U.S.
- Which credit cards do not have foreign transaction fees? Many credit cards, including travel rewards cards, offer no foreign transaction fees. Examples include the Chase Sapphire Preferred and the Capital One Venture Card.
- How can I avoid foreign transaction fees? You can avoid these fees by using credit cards that do not charge them, or by choosing to pay in local currency when traveling.
- Is the Walmart card good for travel? While the Walmart card offers various benefits, it does charge foreign transaction fees, making it less ideal for international travel compared to cards with no such fees.