There is no credit card fee that I’ve found to be more misunderstood than the so-called foreign transaction fee. (And few that are as completely unnecessary.) In fact, the more I’ve learned about this fee, the more adamant I’ve become informing credit card users about it. Why? To help them to avoid it.
What are foreign transaction fees?
A foreign transaction fee is charge imposed on any transaction that is processed outside of the United States.
Note the part of the definition that says, “any transaction that is processed outside of the United States.” This means you can be charged a foreign transaction fee even from the comfort of your own home. Think about when you’re buying something online. If you make the purchase from a foreign company, you could be charged this fee.
Read more at MyBankTracker.