The blog post we did last summer entitled “Beware of Credit Card Foreign Transaction Fee Fever” has generated quite a bit of reader commentary, with many of you sharing negative experiences associated with this topic. The bad news is, it doesn’t seem that these fees are going to go away any time soon. The CARD act, which placed limitations [...]
Entries Tagged as 'currency conversion fees'
Credit Cards That Do NOT Charge Foreign Transaction Fees
March 9th, 2010 · 1 Comment · Banking, Credit Cards
Tags: Capital One·CARD Act·credit card fees·Credit Cards·currency conversion fees·foreign credit card purchases·foreign transaction fees
Beware of Credit Card Foreign Transaction Fee Fever
June 10th, 2009 · 31 Comments · Credit Cards
If it sounds like a new strain of flu that you need to avoid, you are right on target! For years, most banks have charged consumers a fee for using their credit cards overseas if the purchases were made in a foreign currency. These fees were almost exclusively associated with an actual trip that (yours [...]
Tags: Credit Cards·currency conversion fees·foreign transaction fees·online purchases·overseas purchases
