Top HYSAs for Frequent Travelers (Low International Fees)

For frequent travelers, managing money across borders is more than just a convenience—it’s a necessity. Whether you’re a digital nomad, a remote worker, or someone who frequently flies internationally, having access to your savings without penalties or friction is critical. Many high-yield savings accounts (HYSAs) in the U.S. boast excellent interest rates.

However, once you step outside the country, their functionality can quickly become limited. High foreign transaction fees, ATM access restrictions, and a lack of mobile features can affect your earnings and create stress. You need more than just a high APY if you’re constantly moving. You need a HYSA that offers global access, low or no fees abroad, and strong digital tools. Let’s explore the top HYSAs for frequent travelers.

Why Most HYSAs Aren’t Travel-Friendly

Despite their excellent returns, many traditional HYSAs are built for domestic use.

• Limited international ATM access: Many banks do not issue debit cards with HYSAs, or they limit usage abroad.
• Foreign transaction fees: Standard savings accounts linked to cards can charge 1%–3% for each foreign currency transaction.
• Wire transfer limitations: Sending or receiving money internationally via a HYSA is often restricted or slow.
• No multicurrency support: Most HYSAs do not support accounts in multiple currencies, which leads to poor exchange rates or double conversions.

These limitations can severely undercut the very benefits that attracted you to the HYSA in the first place.

Key Features to Look for in a Travel-Friendly HYSA

To make the most of your money while traveling, ensure your HYSA (or a linked account) offers the following:

Low or No Foreign Transaction Fees

When you’re abroad, every dollar matters. Foreign transaction fees—typically 1% to 3%—can erode your balance quickly, especially if you rely on your debit card. Look for accounts that advertise zero foreign transaction fees.

Global ATM Fee Reimbursement

ATM access is essential while traveling. A travel-friendly HYSA should either:

• Offer a linked debit card with ATM fee reimbursements, or
• Be paired with a checking account that refunds global ATM fees.

Some banks cap reimbursements (e.g., up to $10/month), while others offer unlimited global refunds.

Strong Mobile App and Online Access

When you’re in another country, mobile access becomes your lifeline. A top-tier mobile app should allow you to:

• Transfer funds seamlessly.
• Get real-time alerts.
• Manage your savings from anywhere in the world.
• Integrate easily with international SIMs and networks.

Multi-Currency Support or Partner Networks

While most U.S.-based HYSAs don’t directly support multi-currency accounts, some partner with services like Wise or Payoneer to reduce conversion costs. This is especially useful for long stays in Europe, Asia, or Latin America.

Linked Debit Card or Checking Hybrid

A savings account alone won’t cut it if you need to spend or withdraw cash. Choose a HYSA with:

• A linked debit card.
• Or an optional checking account under the same login for easier transfers.

This ensures you don’t have to move money across institutions while on the go.

Top Travel-Friendly HYSAs to Consider (2025 List)

Here are the top-performing accounts for both high yield and global convenience:

SoFi Checking & Savings

SoFi Bank is a digital financial institution offering many services, including high-yield savings accounts, checking, personal loans, mortgages, and investment options. As a subsidiary of SoFi Technologies, it aims to provide modern, mobile-first banking experiences with no account fees and competitive interest rates. 

SoFi Bank is FDIC-insured and integrates seamlessly with SoFi’s broader financial ecosystem, allowing users to manage debt, invest, and save in one platform. It appeals primarily to millennials and Gen Z users seeking flexible, tech-driven financial tools. With features like early direct deposit and member benefits, SoFi Bank continues to grow as a leading neobank.

• APY: Up to 4.60% with direct deposit.
• International Features:
  • No foreign transaction fees.
  • Up to $4/month in global ATM reimbursement.
  • Integrated mobile experience.

A great all-in-one option for travelers who want a hybrid checking and savings account with good perks and automation.

Ally Bank HYSA

Ally Bank’s High-Yield Savings Account (HYSA) is a popular online option that offers competitive interest rates with no monthly maintenance fees or minimum balance requirements. As a fully digital bank, Ally provides 24/7 mobile and online access, making it easy to manage savings on the go.

The HYSA includes features like buckets for goal-based saving and boosters to help maximize interest. Ally is FDIC-insured, ensuring safety for deposits up to $250,000. With consistent APYs and strong customer service, Ally Bank’s HYSA is a top choice for savers seeking a reliable and user-friendly online banking experience.

• APY: ~4.35%.
• International Features:
  • Excellent mobile app.
  • Moderate ATM reimbursement through the Allpoint network.
  • No debit card for savings, but accessible via linked checking.

Ally is ideal for US travelers who don’t mind a two-step transfer between savings and checking.

Axos Bank High-Yield Savings

Axos Bank’s high-yield savings account combines digital convenience with a competitive APY, making it a strong choice for online savers. With no monthly maintenance fees and no minimum balance requirement, it’s designed for flexibility and accessibility.

Users benefit from secure online and mobile banking and tools to track and grow their savings. The account is FDIC-insured up to $250,000 and includes automatic savings options for goal-based planning.  While the base APY is modest, Axos occasionally offers promotional rates or bundled benefits through other Axos accounts, making it appealing for those seeking a streamlined digital banking experience.

• APY: ~4.20%.
• International Features:
  • Optional debit card access.
  • Some ATM reimbursements.
  • Limited support for overseas ATM fees.

Better for domestic frequent flyers who occasionally go abroad.

Charles Schwab High Yield Investor Checking (Linked to HYSA)

Charles Schwab provides many services, including brokerage accounts, retirement planning, banking products, and financial advisory solutions. The Charles Schwab High-Yield Investor Checking account is particularly popular among travelers, offering unlimited ATM fee reimbursements worldwide and no foreign transaction fees.

Schwab also integrates banking with its brokerage services, allowing seamless fund transfers.  With strong mobile tools, low fees, and reliable customer support, Schwab attracts novice investors and seasoned savers looking for convenience, transparency, and long-term financial growth.

• APY (HYSA): ~4.00% via Schwab Bank.
• International Features:
  • Unlimited global ATM fee reimbursements.
  • No foreign transaction fees.
  • Exceptional travel support.

This account setup (checking + savings) is considered the gold standard for international ATM use.

Discover Online Savings

Discover’s Online Savings Account stands out for its simplicity, strong APY, and customer-first design. With no monthly fees, minimum opening deposit, and a competitive interest rate, it’s built for savers who want to grow their money without hassle. Funds earn interest daily and are protected with FDIC insurance up to $250,000. 

Discover’s intuitive mobile app lets users track savings goals, automate transfers, and manage their money. Backed by Discover’s trusted name and 24/7 U.S.-based support, this account blends high-yield growth with digital convenience, making it a smart choice for new and experienced savers.

• APY: ~4.30%
• International Features:
  • No debit card.
  • No ATM or travel support.

Fantastic APY, but not suitable for travel unless paired with an external travel-friendly checking account.

Capital One 360 Performance Savings

Capital One 360 Performance Savings is a user-friendly, high-yield account for effortless growth. A competitive APY with no monthly fees and no minimum balance requirement empowers savers to earn more without worrying about hidden costs. 

The account integrates seamlessly with Capital One’s mobile app, offering features like AutoSave, goal tracking, and mobile check deposit. Interest compounds daily and is paid monthly, helping users maximize their returns over time. Backed by FDIC insurance, this account is ideal for anyone seeking a secure, digital-first savings experience with the backing of a well-established national bank.

• APY: ~4.25%.
• International Features:
  • Debit card from linked 360 Checking has no foreign transaction fees.
  • Solid mobile experience.

A good hybrid setup if you’re already in the Capital One ecosystem.

Varo Bank Savings

Varo Bank is a fully digital, mobile-first bank designed to make personal finance accessible and rewarding. As the first nationally chartered neobank in the U.S., Varo offers high-yield savings with APYs significantly above the national average, and no monthly fees or minimum balance requirements. 

Users can receive paychecks up to two days early, enjoy cash-back perks, and access a network of 55,000+ fee-free ATMs. 

The app supports smart budgeting, automatic savings tools, and real-time alerts, making money management easy and intuitive. With FDIC insurance and a commitment to financial inclusion, Varo is a strong choice for modern, on-the-go banking.

• APY: Up to 5.00% with requirements.
• International Features:
  • Great mobile app.
  • Partner ATM network (Allpoint).
  • Limited international card support.

Great APY, but travel features need pairing with other solutions.

How to Use These HYSAs While Traveling

Here are smart practices for managing your HYSA abroad:

• Set up mobile banking with two-factor authentication before leaving the U.S.
• Download bank apps and ensure they work on your travel SIM/data plan.
• Identify ATM networks (like Allpoint or Visa Plus) that waive foreign fees.
• Keep small amounts in local currency, but manage bulk funds digitally.
• Avoid double conversion fees by declining DCC (Dynamic Currency Conversion) at foreign ATMs.

Always notify your bank of international travel to avoid suspicious activity blocks.

Comparing Yield vs. Travel Access: What to Prioritize?

If you’re choosing between an extra 0.25% APY and better global access, consider your travel habits:

• Occasional traveler? Choose the highest APY and pair it with a separate travel debit account.
• Frequent flyer or digital nomad? Prioritize travel-friendly features like global ATM access and no FX fees.
• Hybrid strategy: Use two accounts for interest growth (like Discover or Varo) and another (like Schwab or SoFi) for international liquidity.

Yield matters, but access and flexibility abroad often deliver greater real-world value.

Conclusion

No single HYSA checks every box. The best option depends on your travel patterns, savings needs, and digital banking habits. Before you commit, read the fine print—especially around ATM reimbursements, foreign transaction terms, and mobile limitations.

Whether you choose an online bank or a neobank like Beem, choose a HYSA that fits how you live, save, and manage your money. Download Beem today to open your HYSA, track interest in real time, and connect your savings to smarter money habits. In addition, Beem’s Everdraft™ lets you withdraw up to $1,000 instantly and with no checks.

FAQs About Top HYSAs for Frequent Travelers (Low International Fees)