M E asked:
Some credit cards my offer no fees but still use an inflated conversion rate of Euros into USD. I would like a credit card that will not charge me extra everytime I use it in a different country.
OMAR
Some credit cards my offer no fees but still use an inflated conversion rate of Euros into USD. I would like a credit card that will not charge me extra everytime I use it in a different country.
OMAR
GERRY
Sorry to tell you this, but ALL major credit cards charge a fee for currency conversion. Way to avoid this fee: buy the actual currency you will need before you travel and pay cash. There will still be a fee when you buy currency, but it is a one time expense and there is no risk of currency fluctuation (value changing in relation to the dollar).
Comment by LUCIEN — September 14, 2009 @ 1:31 am
BRANDEN
I don’t think there is any credit card company that doesn’t charge foreign transaction fee. If you exchange money at the bank, there is also a transaction fee.
Some credit cards charge less than others but they all do charge transaction fee. Amex is 1%, visa and master card are 3%.
Comment by ERWIN — September 14, 2009 @ 8:46 am
DOYLE
Capital One has some credit cards that don’t charge foreign transaction fees. This is the only credit card company that I am aware of.
Check out this link for more info —
Comment by YOUNG — September 16, 2009 @ 9:38 pm