The Best Secured Card with No Foreign Transaction Fees

By Kris Majaski. Last updated 24 April 2020. 0 comments

Many of the credit card offers that appear on the website are from credit card companies from which Wise Bread receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. Any opinions expressed are those of the author's alone, and have not been reviewed, approved, endorsed, or provided by the issuer.


Because secured credit cards are often the last resort for people working on their credit, they don't always offer ideal options. Many secured credit cards are known for having lots of fees and extremely high APRs. Almost all secured cards have foreign transaction fees around 3%, which can become a burden for travelers who are also working on increasing their credit ratings. (See also: Best Secured Card with No Annual Fees)

For those who travel outside of the United States often, the foreign transaction fee for purchases is one of the most important fees to consider when choosing a credit card. Whether you are just starting out and building your credit, or repairing past credit problems, you can still save money with secured cards that, although rare, have no foreign transaction fees. Here is the best secured card to use for foreign transactions.

Navy Federal Credit Union nRewards® Secured Card

The Navy Federal Credit Union nRewards® Secured Card has no foreign transaction fees and no annual fee. This card awards one point for each dollar you spend with the card. A security deposit of at least $200 is required.

SunTrust Secured Credit Card with Cash Rewards

The SunTrust Secured Credit Card with Cash Rewards has no foreign transaction fees. It does have a $32 annual fee. You can earn 2% cash back on gas and grocery store purchases up to the first $6,000 spent per year, and 1% cash back on all other purchases. You can earn an unlimited amount of cash back in the 1% category and the 2% category resets each calendar year. 

Info about the Navy Federal Credit Union nRewards® Secured Card and SunTrust Secured Credit Card with Cash Rewards has been collected independently by Wise Bread. The issuer did not provide the details, nor is it responsible for their accuracy.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.