Chase Freedom Unlimited credit card is a popular choice for many consumers due to its cash back rewards and other perks. One of the key considerations when choosing a credit card for international travel is whether it charges foreign transaction fees. These fees can add up quickly and eat into the benefits of using a credit card overseas. So, does Chase Freedom Unlimited credit card have foreign transaction fees?
Unfortunately, Chase Freedom Unlimited credit card does charge foreign transaction fees. For each transaction made in a foreign currency, cardholders will incur a fee of 3% of the total transaction amount. This fee applies to both purchases and ATM withdrawals made outside the United States.
While the Chase Freedom Unlimited credit card offers many benefits, including unlimited cash back on every purchase and a generous sign-up bonus, the foreign transaction fees can make it less appealing for frequent travelers or those who often make purchases from international vendors.
If you are someone who travels abroad frequently or makes purchases from foreign merchants, it may be worth considering a different credit card that does not charge foreign transaction fees. There are several travel rewards cards available that offer similar benefits to the Chase Freedom Unlimited card without the added cost of foreign transaction fees.
Frequently Asked Questions About Chase Freedom Unlimited Credit Card Foreign Transaction Fees:
1. Does Chase Freedom Unlimited credit card charge foreign transaction fees for online purchases from international websites?
Yes, any purchase made in a foreign currency, whether online or in-person, will be subject to the 3% foreign transaction fee.
2. Are there any ways to avoid foreign transaction fees when using the Chase Freedom Unlimited credit card?
Unfortunately, there is no way to avoid foreign transaction fees with the Chase Freedom Unlimited credit card. The only way to avoid these fees is to use a different credit card that does not charge them.
3. Does the foreign transaction fee apply to ATM withdrawals made outside the United States?
Yes, the 3% foreign transaction fee also applies to any cash withdrawals made from ATMs in a foreign country using the Chase Freedom Unlimited credit card.
4. Can I use my Chase Freedom Unlimited credit card in a foreign country without incurring any fees?
While you can use your Chase Freedom Unlimited credit card in a foreign country, you will be charged a 3% foreign transaction fee on each transaction made in a foreign currency.
5. Are there any other fees associated with using the Chase Freedom Unlimited credit card abroad?
In addition to the foreign transaction fee, you may also incur fees for currency conversion. It is recommended to check with Chase for the most up-to-date fee information.
6. Does the 3% foreign transaction fee apply to all foreign currencies?
Yes, the 3% foreign transaction fee applies to any transaction made in a currency other than US dollars, regardless of the specific foreign currency used.
7. Can I request a refund for foreign transaction fees incurred while using my Chase Freedom Unlimited credit card abroad?
Unfortunately, foreign transaction fees are non-refundable. Once a transaction is processed in a foreign currency, the 3% fee will be applied to the total amount.
8. Does the foreign transaction fee apply to purchases made on international airline websites?
Yes, any purchase made on an international airline website using the Chase Freedom Unlimited credit card will be subject to the 3% foreign transaction fee.
9. Does Chase offer any credit cards that do not charge foreign transaction fees?
Yes, Chase offers several travel rewards credit cards that do not charge foreign transaction fees. It may be worth exploring these options if you frequently travel abroad.
10. Can I use my Chase Freedom Unlimited credit card for purchases in US territories without incurring foreign transaction fees?
Yes, purchases made in US territories are considered domestic transactions and will not be subject to the 3% foreign transaction fee.
11. Is the 3% foreign transaction fee the same for all Chase credit cards?
The foreign transaction fee may vary depending on the specific Chase credit card. It is recommended to check the terms and conditions of each card before using it internationally.
12. Are there any benefits to using the Chase Freedom Unlimited credit card despite the foreign transaction fees?
While the foreign transaction fees can be a drawback, the Chase Freedom Unlimited credit card offers generous cash back rewards on all purchases, a sign-up bonus, and other perks that may outweigh the cost of the foreign transaction fees for some cardholders.