American credit cards, generally speaking, have a currency conversion rate decided by the bank that is pretty much close to the real thing and costs nothing. With that said, most credit cards charge a foreign transaction fee that is usually anywhere between 1-3%. 2% is very common. AMEX Gold, and most credit/charge cards with an annual fee have 0% foreign transaction fees. The currency conversion rate used by each bank might be slightly different, but I've found it to be negligible over many uses. Answer from cwdawg15 on reddit.com
American Express
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No Foreign Transaction Fees
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Reddit
reddit.com › r/amex › do you use your amex gold abroad?
r/amex on Reddit: Do you use your amex gold abroad?
October 11, 2024 -
In the UK I used 'Revolut' where you can exchange money before you travel onto a debit card, here you get a rate that is very close to the 'real' rate, so basically 0 fees but also no points.
My understanding is for the US Amex Gold, you get 'no fees' but there are hidden fees in the exchange rate of about 2%. So given that you get points on the transactions maybe that about cancels out? What do people do here, do you use your amex abroad if you can?
Top answer 1 of 27
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American credit cards, generally speaking, have a currency conversion rate decided by the bank that is pretty much close to the real thing and costs nothing. With that said, most credit cards charge a foreign transaction fee that is usually anywhere between 1-3%. 2% is very common. AMEX Gold, and most credit/charge cards with an annual fee have 0% foreign transaction fees. The currency conversion rate used by each bank might be slightly different, but I've found it to be negligible over many uses.
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I thought there were no foreign txn fees on gold and platinum. Is that not the case?
How do I know if my credit card charges a foreign transaction fee?
Check your credit card agreement. If your card charges a foreign transaction fee, it should be listed under “fees.”
americanexpress.com
americanexpress.com › credit intel › debt
What You Should Know About Foreign Transaction Fees
Do foreign transaction fees get refunded?
If your card charges foreign transaction fees, they may not be refunded when you seek a refund for an item purchased from a foreign merchant. Check your card agreement or contact your credit card company for full details.
americanexpress.com
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What You Should Know About Foreign Transaction Fees
What triggers a foreign transaction fee?
Foreign transaction fees apply when you purchase something in a foreign currency or when a transaction is processed through a foreign bank. These fees can also apply when you shop online from a foreign retailer, even if you’re not traveling.
americanexpress.com
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What You Should Know About Foreign Transaction Fees
American Express
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Are There Foreign Transaction Fees Using my Card? | Amex US
Browse American Express US Customer Service to Find Out if you Have to Pay Foreign Transaction Fees When Using Your Card Abroad.
Reddit
reddit.com › r/amex › amex gold (usa): do you pay currency conversion fees online?
r/amex on Reddit: AMEX Gold (USA): Do you pay currency conversion fees online?
July 18, 2025 -
I just got an AMEX Gold USA. I would be mostly using this for online payments for my business.
I pay marketing in currencies like EUR, GBP and AUD.
Does it mean I will have to pay a 3% conversion fee, or not?
Online it says there are no currency conversion fees (overseas) for this AMEX card, but what about online payments in a different currency other than the USD? IT does NOT specify this.
Can someone confirm?
Top answer 1 of 4
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no foreign transaction fees. you’ll get charged at the current conversion rate in USD. For example, you buy something worth 100€ you’ll get charged $116.41 USD (current google conversion) UNLESS, the merchant charges you a fee on their end.
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AFAIK (someone pls confirm) “no currency conversion fees” means whenever you pay in a foreign currency with the card (online or offline) you don’t need to pay the currency conversion fee.
American Express
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No Foreign Transaction Fees | Business Gold Benefits
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American Express
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What You Should Know About Foreign Transaction Fees
June 16, 2025 - A number of American Express® Credit Cards have no foreign transaction fees. These include The Platinum Card®, The American Express® Gold Card, and The American Express Green Card®.
American Express
americanexpress.com › us › credit-cards › category › no-foreign-transaction-fee
No Foreign Transaction Fee Cards | American Express
Explore American Express No Foreign Transaction Fee Cards. Enjoy rewards and benefits while saving on foreign transaction fees. Apply today. Terms apply.
Cardcritics
cardcritics.com › credit-cards › card-issuer › american-express › does-american-express-have-foreign-transaction-fees
American Express and Foreign Transaction Fees | CardCritics™
1 month ago - The Amex Gold Card does not charge foreign transaction fees.
WalletHub
wallethub.com › popular credit card questions
American Express Gold Card Foreign Transaction Fee Info
November 7, 2024 - The American Express® Gold Card foreign transaction fee is 0%. This means you won’t be subject to an additional charge whenever you use the American Express® Gold Card outside of the United States
Quora
quora.com › Does-American-Express-Gold-card-charge-foreign-exchange-transaction-fees-when-using-the-card-internationally
Does American Express Gold card charge foreign exchange transaction fees when using the card internationally? - Quora
Answer (1 of 3): Yes. Typically 2–3% added to the Interbank Spot Rate. Attached is from the Gold Card T&C’s. Converting Transactions made in a foreign currency If you make a Transaction that is submitted to us in a foreign currency, or if ...
Ramp
ramp.com › blog › business credit cards
American Express Foreign Transaction Fees Guide
October 13, 2025 - Look for language like “foreign ... spend globally. ... If you return an item purchased internationally, AmEx will typically refund the transaction fee, but only in proportion to the amount refunded....
WalletHub
wallethub.com › popular credit card questions
2026 Amex Gold Card Exchange Rate
November 24, 2025 - Amex Gold Card does not charge foreign transaction fees, unlike most other cards.
U.S. News
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American Express Gold Card 2025 Review | U.S. News
The card comes with baggage insurance, car rental loss and damage insurance, and no foreign transaction fees, making it a good choice when you're traveling stateside or abroad.
WalletHub
wallethub.com › popular credit card questions
American Express Cards With No Foreign Transaction Fees
2 weeks ago - There are several American Express cards that have no foreign transaction fees, including the American Express® Gold Card and co-branded cards with rewards for Hilton, Marriott and Delta.
Bitget
bitget.com › crypto wiki › does amex gold have foreign transaction fees: essential facts
Does Amex Gold Have Foreign Transaction Fees: Essential Facts
The Amex Gold card is a popular ... to the official American Express terms, the Amex Gold card does not charge foreign transaction fees on purchases made outside your home country....
Reddit
reddit.com › r/amex › foreign transaction fees
r/amex on Reddit: Foreign transaction fees
March 30, 2024 -
I’m going on a Europe trip to several different countries in a couple months. I was wondering what the international fees on the Amex gold card would be like. It says there are no international fees by Amex but, merchants may charge their own foreign fees.
What’s everyone’s experience with this traveling abroad? Are there any fees either from Amex or merchants, especially in Europe?
Top answer 1 of 5
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No matter what card you use, some ATMs or Merchants will give you the option to charge in your currency (eg USD). They usually say upfront that there’s like a 5% fee or if they don’t it might be even worse. You always want to decline this and charge in the local currency.
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AMEX is not widely accepted in Europa, have a backup plan (visa/mc)
Exiap
exiap.com › home › guides › american express foreign transaction fees [2025 guide]
American Express Foreign Transaction Fees [2026 Guide] - Exiap
February 28, 2025 - Foreign transaction fees can also be added when you make cash withdrawals – basically any time you spend in a currency other than USD. Not all AmEx cards have a foreign transaction fee.
Wise
wise.com › us › blog › american-express-foreign-transaction-fee
American Express foreign transaction fee — the only guide you’ll need - Wise
June 7, 2022 - No foreign transaction fee Amex cards do exist — but in this case you’re more likely to pay an annual fee which can be pretty steep.
Reddit
reddit.com › r/amexuk › is the foreign fee on the amex gold ever worth it?
r/AmexUK on Reddit: Is the foreign fee on the AMEX Gold ever worth it?
November 4, 2023 -
I'm booking some flights and for some reasons I can only get the price in EUR. AMEX charges you 2.99% for every foreign transaction, but whenever you're booking flights you also get 2x points.
The foreign fee is clearly never worth it in most cases, but is it worth it when booking flights and getting 2x the points? Or I'd still fall short in the end?
Thanks!
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In terms of the points you get back, no it’s not worth it. That said you may want to consider still using your Gold card because some parts of the travel insurance rely on you having paid for your trip with your card. The other thing is even for general spend - not flights - you might decide having the benefit of Amex customer service is worth it if something were to go wrong
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The only time I’ve ever used my Amex abroad was when my Gold card had a ‘spend £300, get £100 back on Marriott stays’. That was worth it.
American Express
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American Express Gold Card | Card Benefits
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