Guides

Best Cards for Overseas Spending: Avoid Foreign Exchange Fees

Updated 2026-07-31 · SGMiles Editors

Overseas spend usually carries a ~3.25% FX fee plus poor exchange rates. Most miles cards still charge that fee — but they earn miles on top. To remove the FX fee entirely, pair a miles card with a multi-currency wallet like YouTrip or Wise.

CardOverseas milesFX fee
UOB PRVI Miles2.4 mpd≈3.25% (earns miles)
YouTrip / Wise (prepaid)NoneNear mid-market
HSBC TravelOne2.4 mpd≈3.25% (earns miles)

Tip

Always pay in local currency, never let the terminal convert to SGD — dynamic currency conversion hides a worse rate.

Related: Cashback vs miles · Best travel cards

Disclaimer: This article is general information, not official advice or financial guidance from any bank. Annual fees, miles rates and sign-up bonuses are subject to change — confirm the current figures on the official bank/airline pages before acting. Use credit responsibly.