What To Know
- In this comprehensive guide, we’ll delve into the details of FTFs and explore whether the Marriott Bonvoy Boundless card is subject to these fees.
- By understanding the details of foreign transaction fees and choosing a credit card like the Marriott Bonvoy Boundless that doesn’t charge FTFs, you can save money and maximize your travel experiences.
- With its competitive benefits and rewards program, the Marriott Bonvoy Boundless card is an excellent choice for travelers who value convenience and affordability.
When traveling abroad, it’s crucial to understand the potential costs associated with your credit cards. One common concern is whether the Marriott Bonvoy Boundless card charges foreign transaction fees (FTFs). In this comprehensive guide, we’ll delve into the details of FTFs and explore whether the Marriott Bonvoy Boundless card is subject to these fees.
What Are Foreign Transaction Fees (FTFs)?
FTFs are additional charges imposed by credit card companies when you make purchases outside your home country. These fees typically range from 2% to 5% of the transaction amount, adding an unexpected expense to your travel budget.
Does Marriott Bonvoy Boundless Have Foreign Transaction Fees?
No, the Marriott Bonvoy Boundless card does not charge foreign transaction fees. This is a significant advantage for travelers who frequently make purchases abroad. By avoiding FTFs, you can save money and maximize the value of your travel rewards.
How to Avoid Foreign Transaction Fees
Even if your credit card doesn’t charge FTFs, it’s still a good idea to be aware of other potential fees that can arise when using your card overseas. Here are some tips to avoid foreign transaction fees:
- Use a credit card that doesn’t charge FTFs: The Marriott Bonvoy Boundless card is an excellent option for avoiding FTFs.
- Check for ATM fees: When withdrawing cash from ATMs abroad, be sure to check the fee structure before making a withdrawal.
- Pay in the local currency: Avoid paying in your home currency, as this can often trigger FTFs.
- Use a currency exchange service: If you need to exchange currencies, consider using a reputable currency exchange service that offers competitive rates.
Additional Benefits of the Marriott Bonvoy Boundless Card
In addition to avoiding FTFs, the Marriott Bonvoy Boundless card offers several other benefits for travelers, including:
- Earn points on every purchase: Earn 6 points per $1 spent at Marriott properties and 2 points per $1 spent on all other purchases.
- Elite status perks: Enjoy exclusive benefits such as room upgrades, late checkout, and free breakfast when you achieve elite status.
- Travel protection: Benefit from trip cancellation/interruption insurance, baggage delay insurance, and emergency medical coverage.
Alternatives to the Marriott Bonvoy Boundless Card
If you’re looking for other credit cards that don’t charge FTFs, here are a few alternatives:
- Capital One Venture Rewards Credit Card
- Chase Sapphire Preferred® Card
- American Express® Gold Card
These cards offer similar benefits to the Marriott Bonvoy Boundless card, including no FTFs and generous rewards programs.
Wrap-Up: Unlocking Value with the Marriott Bonvoy Boundless Card
By understanding the details of foreign transaction fees and choosing a credit card like the Marriott Bonvoy Boundless that doesn’t charge FTFs, you can save money and maximize your travel experiences. With its competitive benefits and rewards program, the Marriott Bonvoy Boundless card is an excellent choice for travelers who value convenience and affordability.
Questions You May Have
Q: Why doesn’t the Marriott Bonvoy Boundless card charge foreign transaction fees?
A: Marriott Bonvoy has made a strategic decision to eliminate FTFs on its Boundless card, providing added value to its customers who travel abroad.
Q: Are there any other fees associated with using the Marriott Bonvoy Boundless card overseas?
A: No, the Marriott Bonvoy Boundless card does not charge any additional fees for using it abroad, including ATM withdrawal fees.
Q: Can I use the Marriott Bonvoy Boundless card in all countries?
A: Yes, the Marriott Bonvoy Boundless card is accepted worldwide wherever Mastercard is accepted.
Q: How can I maximize my rewards earning with the Marriott Bonvoy Boundless card?
A: To maximize your rewards earning, consider using the card for all your travel expenses, including Marriott stays, flights, and rental cars.
Q: What is the annual fee for the Marriott Bonvoy Boundless card?
A: The Marriott Bonvoy Boundless card has an annual fee of $95. However, the valuable benefits and rewards program can often outweigh the cost.
