Capital One and Discover are two of the only financial institutions that charge no foreign transaction fees on any of their credit cards. This will come in handy when shopping directly with foreign merchants.
To avoid foreign transaction fees when using an ATM, consider opening a bank account with an institution that doesn’t charge international withdrawal ATM fees. Some of the best options include:
Capital One 360
Chime
Charles Schwab Bank
Sofi Money
You’ll still have to watch out for other fees your bank may charge like out-of-network ATM fees and currency conversion fees. For more information, check out our guide to foreign transaction fees.