For anyone who travels internationally (or dreams of the day they'll be able to travel internationally), the U of I Community Credit Union has just revealed some pretty awesome news: they'll be eliminating foreign transaction fees for all cardholders.
This is pretty exciting news, as bigger banks have consistently dinged their customers for using their debit/credit cards outside of the United States, and thus any service that offers an alternative is certainly exciting, and will make life easier for a ton of C-U residents who will go on to spend some time out of the U.S. in the future.
From UICCU's Release:
YOU ASKED. WE LISTENED.
SAY GOODBYE TO FOREIGN TRANSACTION FEES.
Now use your Illini Visa Rewards Card with EMV chip technology anywhere in the world with the same ease and security you enjoy at home.
Need another reason to get away? Earn 10,000 points when you spend $500 within the first 30 days.
NO Balance transfer fees
NO Cash advance fees
NO Foreign transaction fees
NO Annual fee