Credit cards with no foreign currency exchange transaction fees

Canadian credit cards with no foreign currency exchange transaction fees:

• Brim Financial Mastercard
• Home Trust Preferred Visa
• HSBC World Elite Mastercard
• Scotiabank Gold American Express
• Scotiabank Platinum American Express
• Scotiabank Passport Visa Infinite
• KOHO Prepaid Visa (Premium plan)

Canadian credit cards with higher rewards for foreign currency transactions:

You get charged the ~2.5% fee on new charges but get a higher reward rate. Note that you also get charged the ~2.5% fee on returns.

• Meridian Visa Infinite Travel Rewards
• Rogers World Elite Mastercard

If you have one of the cards above and use PayPal for purchases, be sure to disable PayPal’s currency conversion!