There are very few cards on the market that have no overseas transaction fees. Most charge between 2-3% for any overseas transaction; plus an additional $5-$6 per overseas ATM transaction.

See this CHOICE magazine article on the foreign exchange charges on overseas purchases.

The 28 Degrees (formerly Wizard Clear Advantage) MasterCard used to be easily obtainable and popular for its complete lack of overseas fees, but this changed in 2014. Currently (01/2017), the Citibank Plus Debit card is the only easily obtainable card (i.e. for any income). The most easily obtained credit card would probably be the Coles Rewards Mastercard.

For a more updated and comprehensive resource see the creditcard.com.au table featuring credit cards with no international transaction fees

The UP Debit Card offers no international transaction fee's. The card's features:

* No currency conversion fee * No monthly / account keeping fee * Apple Pay (with instant provisioning - no need to wait for your card to arrive in the mail) * Google Pay (instant provisioning coming soon - no need to wait for your card to arrive in the mail) * Samsung Pay * OSKO/PayID Supported * $5 International ATM withdrawal fee * No Domestic or International ATM Operator fee refunds. * No Phone Support - in App chat support only Mon - Fri * No Branch Access (Online Only Bank) * No Bank@Post support * No Web Browser based online banking - iOS and Android App Only

The Debit Card linked to the Citibank Plus Account offers no international fees for ATM withdrawals or transactions. The card features:

• No currency conversion fees with market rates set by MasterCard.
• No Citibank fees for international ATM withdrawals (an ATM owner fee may apply).
• No account keeping/monthly fees.
• Extensive ATMs and branches worldwide.
• Linked debit card not credit - no credit check required.
• Free wine at participating restaurants within Australia.
• In USA many 7/11 have Citibank ATMs in store (at least on West Coast).
• Apple Pay* and Samsung Pay support

Some drawbacks include an average-poor online banking system and a slow registration process (often requiring visiting a branch or Australia post to confirm identity). However, for a fee-free debit card that anyone old enough can apply for, it is a real competitor to the other options.

Note: To link this card to a PayPal account, first ensure that Citibank has linked your Citibank Plus account to the Debit card as the “primary” account. That way you can pay via PayPal with no foreign conversion fee (providing you make the right selections in PayPal during the payment, i.e. select to pay in the foreign currency and don't have PayPal do the conversion).

ID verification form for Citibank - You may be asked to fill this out and take it to AusPost as part of the sign up process

(this card is changing from Visa Debit to Mastercard Debit in March 2017 - terms & conditions may change)

*Apple Pay for credit cards only.

The debit card linked to the Macquarie Transaction Account features:

• No overseas transaction fees on purchases.
• No Macquarie fees for international ATM withdrawals (an ATM owner/operator fee may apply[as of 8/12/2017])
• No account keeping/monthly fees.
• Refund at all Australian ATM's for withdrawals and balance request.
• Apple Pay support
• Google Pay support

The Visa debit card linked to Orange Everyday account or the Orange One credit card, both offer free international transactions once these conditions are met each month:

• deposit at least $1000 from an external source to any personal ING account; and
• make at least 5 non-cash purchases using ING debit or credit card

Note that international transaction fees are waived for the next calendar month when you meet the above conditions in the current calendar month

Furthermore, when the above conditions are met Orange Everyday account offers,

• Fee free ATM access around the world (Any ATM owner fees are refunded immediately, even overseas)
• No account keeping fee

Apart from that, the bank supports,

• Apple pay and Google pay
• Osko/PayID support - both inward and outward

The 28 Degrees Platinum MasterCard features:

• No annual fee.
• No currency conversion fees with market rates set by MasterCard
• Min $4.00 cash advance (incl ATM) fee (introduced in 2014; the card originally had no cash advance fee).
• No fees for overseas purchases.
• A 20.99% rate on purchases AND cash (unlike some other low rate credit cards).
• 4.99% p.a. interest for six months from account opening on balances transferred.
• Up to 55 days interest free on purchases (but not cash withdrawals).
• Payments of balance owed can be made using the “online service centre” (free) or by BPAY (see below)
• BPAY payment fee of 95c per transfer (free if Direct Debit or Direct Debit via. Online Service Centre) (as of July 2016). You can only put your card in positive balance (to avoid cash advance interest) by using BPAY, which always incurs the 95c fee.
• Paper statement fee of $2.00 each month (free if via PDF).
• $20 late payment fee (https://www.28degreescard.com.au/credit-card-features/#rates-fees).
• New applicant only got “Platinum” card option with min. limit: $6000 (was available as normal card before 2014)

The Bankwest Zero Platinum Card does not charge currency conversion fees (uses MasterCard exchange rate for the time of transaction), and provides free travel insurance for cardholders and their dependents as long as a minimum of $500 of the pre-paid travel expenses (e.g. flights, hotel) are paid using the card.

Features:

• No annual fee.
• 2.99% p.a. on balance transfers for 9 months.
• Up to 55 days interest free on purchases#
• No foreign transaction fees on online and overseas purchases.
• Free travel insurance, purchase protection and extended warranty.

The Bankwest Qantas Platinum Card features:

• No international transaction fees for online and overseas purchases, but overseas ATM withdrawals incur a fee.
• Collect 0.5 Qantas Frequent Flyer points for every dollar you spend
• $160 annual fee
• Interest rate is 20.49% p.a. on purchase and cash advances
• Up to 44 days interest free on purchases when you pay your full balance off each month

The Coles Rewards MasterCard features:

• No international transaction fees for online and overseas purchases, but overseas ATM withdrawals incur a fee.
• Collect 2 flybuys points for every dollar you spend
• $99 annual fee (increased from $89 as at Oct 2017)
• Interest rate is 19.99% p.a. on purchase and cash advances
• Up to 55 days interest free on purchases when you pay your full balance off each month

The ANZ Rewards Travel Adventures Card features:

• No overseas transaction fees on purchases
• No overseas ATM fees (only the VISA card can be used in ATMs)
• A number of promotional bonuses have been offered since the card's introduction, so it can be worth looking out for those (if they continue to appear).
• 1 free domestic Virgin Australia return flight every year to specified destinations only (including some long routes, e.g. Melbourne to Perth/Darwin/Cairns) - need to book 60 days in advance
• 2 free domestic Virgin Australia lounge passes every year
• 1.5 Reward Points per $1 spent on eligible purchases up to and including $2,000 per statement period then 0.5 Reward Points per $1 spent on eligible purchases above $2,000 per statement period (2 reward points = 1 Velocity FF point)
• Up to 55 days interest fee
• $225 Yearly Fee

The credit card linked to the https://www.westpac.com.au/personal-banking/credit-cards/low-rate-cards/westpac-lite-card/ features:

• No overseas transaction fees on purchases overseas (including online)
• Free additional cardholder
• $9/mth fee ($108/year)

DiviPay is a virtual card provider with one of the most competitive exchange rates on the market and Zero fx fees.

NOTE: DiviPay is no longer available to consumers they've pivoted towards a business only product

Features:

• No overseas transaction fees on purchases
• Mastercard interbank rate
• Over 150 different currencies
• Instant issuance of virtual card and real time funds loading
• Load virtual cards via a credit/debit card and earn points

UBank Ultra is a transaction account, with a linked savings account (“USaver”), operated as a branchless subsidiary of NAB.

Features:

• Visa Debit
• No account or transaction fees
• No international or ATM fees
• Unique “Sweep” feature that automatically transfers money from savings account
• Linked USaver savings account with one of the best interest rates on the market, when you have deposits totalling at least $200 a month.