Best Credit Cards With No Foreign Transaction Fee In 2016Katrina Gutierrezupdated Feb 05, 2016TweetAt GET.com we maintain complete editorial integrity on our content & provide transparent & unbiased information. Companies don't pay us to include their products although we receive a compensation when you successfully apply to products from our partners. See how we make money here.At GET.com we maintain complete editorial integrity.Are you someone who often buys things online in a different currency, or someone who travels outside the US frequently? If so, are you aware that when you purchase something with your U.S. credit card, most credit card companies charge you an extra fee for paying in a different currency?That extra fee is the foreign transaction fee which you must pay each time you make a purchase with your card in another country or in another currency. This fee is usually 3-5% of your purchase price, so if you buy something expensive, that fee can be a waste of money. If you are a frequent traveler, this type of fee is something you should try to avoid. One way to do so is to look for a no-foreign-transaction-fee credit card.Here are some of our best rated credit cards in 2016 with no foreign transaction fees:View DetailsCapital One® Venture® Rewards Credit Card. Apart from having no foreign transaction fees, this travel rewards card by Capital One gives you a one time 40,000 miles (equals $400 in travel) bonus just by spending $3,000 on purchases within the first 3 months of card membership. You can also earn 2 miles per dollar (unlimited) spent on all your purchases, which will help you earn your miles faster! You can travel whenever you want, with no blackout dates. This card also offers many travel benefits such as travel accident insurance, auto rental insurance, lost luggage reimbursement, special discounts at certain hotels and resorts, complimentary concierge service and many others. There is a $0 intro annual fee for the first year; $59 after that.Click here to read our Capital One® Venture® Rewards Credit Card review.View Details At Chase's secure siteChase Sapphire Preferred® Card. If you want a card that comes with 50,000 signing bonus points, then this rewards card from JPMorgan Chase is the card to go for, as you will earn 50,000 points when spending $4,000 within the first 3 months from account opening. You get 1 point for every dollar you spend on the card and 2 points for every dollar you spend on buying air tickets through Chase’s Ultimate Rewards site and dining at restaurants. $0 intro annual fee for the first year. After that, $95.Click here to read our review of Chase Sapphire Preferred® Card. At Chase's secure site At Discover's secure siteDiscover it® - Double Cash Back your first year. This card has an introductory period of 0% APR on balance transfers and purchases for 12 months and a 11.24% - 23.24% variable purchase APR after this period for purchases and balance transfers. You will also receive 5% cash back up to a quarterly maximum for purchases you make in quarterly changing categories when you sign up for 5% cash back, and 1% cash back on all other purchases. This card even increases the value of your Cashback Bonus when you redeem it for gift cards. You can also earn extra cash back when making purchases through the Discover Deals program. As a new cardmember Discover will automatically double all of the cash back you have earned at the end of your first year (this applies only for new cardmembers). This card has no foreign transaction fee. No annual fee.Click here to read our Discover it® - Double Cash Back your first year review. At Discover's secure siteKatrina Gutierrez is a writer at GET.com, a personal finance website. Email: email@example.com.Editorial Disclosure: Any personal views and opinions expressed by the author in this article are the author's own and do not necessarily reflect the viewpoint of GET.com. The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone, not those of the companies mentioned, and have not been reviewed, approved or otherwise endorsed by any of these entities.