I will have multiple India trips coming in this year, so thought of planning for getting no foreign transaction card. Any suggestions?
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- Capital One da2de2seGet Uber Visa (partnered with Barclays)
Hands down the best credit card ever!!!!
You may not be sold looking at this comment... but, if a Capital One employee is recommending a rival product, know that it must be really good.
- We need to know more to know which one is best for you.
First question is whether you are willing to pay an annual fee if the rewards justify it, and second question is whether you like points you can use for travel or whether you want a cash back.
There are tons of choices that pay 1.5% back but you can do significantly better if you are willing to pay a fee or you meet some other conditions.
Costco card mentioned by someone else is a good choice if you are already a Costco customer, 3% on travel plus it gets you 4% on gas. But you need to pay Costco member fee to keep it.
If you can be a Bank of America "preferred rewards" customer (basically by having 100k in a Merrill Edge account) then their travel card becomes a 2.62% back card with no foreign fee and no annual fee. You can also than get their Premium Rewards card that makes travel 3.5% back and easily recover the $95 fee by spending $100 on "airline incidentals" (in flight wifi, extra bags, food, etc).
If you like points and are willing to pay a fee Google "Chase Trifecta" and get the Sapphire+Freedom combination at a minimum. I don't like points, just too lazy to go figure out the best deal, but if you are willing to familiarize yourself with the options that Chase combination is generally considered to be the best deal. I went the BoA card way just because I'm lazy and like cash.