An intercooler includes a heating portion in which flow path tubes and fins are stacked with each other. A second cooling medium flow path of the flow path tubes is located upstream of a first cooling medium flow path of the flow path tubes with respect to a flow direction of supercharged intake air. The second cooling medium flow path includes a second U-turn portion in which the second cooling medium makes a U-turn. In the second cooling medium flow path, a downstream flow path located downstream of the second U-turn portion is located upstream, in the flow direction of the supercharged intake air, of an upstream flow path located upstream of the second U-turn portion. The fins include a heat exchange limiting portion at least in a part adjacent to a most upstream part, in the flow direction of the supercharged intake air, of the downstream flow path.