Yes, it charges a 2.7% of each transaction after conversion to US dollars. That’s lower than some cards charge. But this is still not a great card to use on foreign transactions since even the fee can quickly add up. Cards without foreign transaction fees, by contrast, are relatively plentiful — even for cardholders with lower scores. So if you plan to make a lot of foreign purchases, you’re better off using a different entry-level card. For example, Capital One offers a number of cards for borrowers with good or fair credit and none of them charge a foreign transaction fee.