Are there any foreign transaction fees for using my debit/credit card abroad?

Asked 3 months ago
North Jersey Federal Credit Union generally does impose foreign transaction fees for the use of debit and credit cards abroad. These fees can vary depending on the type of card you have and the specific terms associated with your card agreement. The typical foreign transaction fee charged by many financial institutions is around one to three percent of the purchase amount made outside the United States. It is important for cardholders to check the details of their card agreement or account disclosures to understand the specific terms and fees associated with international transactions. Additionally, some credit cards may offer benefits that waive these fees or provide favorable exchange rates for foreign transactions. For the most accurate information, individuals should refer to the current web page of North Jersey Federal Credit Union or look in the documentation provided with their card. This will offer the most detailed and up-to-date information regarding any potential fees and charges that may apply when using a debit or credit card internationally.
Jeff Whelpley is the editor / author responsible for this content.
Answered Sep 3, 2025

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