Does the Fidelity® Rewards Visa Signature® Credit Card Really Have No Foreign Transaction Fee?

Here’s a summary of the main issue and the solutions discussed in the conversation:

  • Main Problem: The user is confused about the conflicting information regarding the Fidelity credit card’s foreign transaction fee, as some sources state there is a 1% fee while the terms indicate there is none.
  • Solution 1: Fidelity confirmed that individuals approved for the Fidelity Rewards Visa Signature Credit Card will have 0% foreign transaction fees.
  • Solution 2: As of the end of August, existing account holders will also enjoy no foreign transaction fees on new purchases.
Here’s the full thread
kvietcong
09/07/2023 at 16:40:16 PDT
Hi, I’ve been reading in many places that Fidelity’s credit card has a 1% Foreign Transaction Fee (FTF) but in the credit card term sheet I saw “None” next to the foreign transaction line under transaction fees. Is no FTF a relatively new feature?
FidelityEmily
09/07/2023 at 17:13:42 PDT
Thanks for reaching out to us this evening, @kvietcong. Individuals who apply now and are approved for the Fidelity Rewards Visa Signature Credit Card will enjoy 0% foreign transaction fees*. As of the end of August, there will be no foreign transaction fees on new purchases for existing accounts. Learn more about the Fidelity Rewards Visa Signature credit card here: https://www.fidelity.com/spend-save/visa-signature-card If you have any additional questions, please do not hesitate to follow up. We’re always happy to help! Foreign Transaction Fee: 0% for each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars. 0% of each foreign purchase transaction or foreign ATM advance transaction in a foreign country. 🟢

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