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Pretty much all Amex cards with an annual fee have no foreign transaction fees as a benefit. The issue is that a lot of small business merchants outside of the
by rockostrich 3y ago
Pretty much all Amex cards with an annual fee have no foreign transaction fees as a benefit. The issue is that a lot of small business merchants outside of the US don't accept Amex (or will at least say they don't to avoid the higher interchange fee).
- Too 3y agoEvery foreign exchange writes "no transaction fee". What they forget to mention is their exchange rate.
- sofixa 3y agoNot in France - I have an Amex Platinum and with it I get the above described absurd fees and bad exchange rates. Funnily I've gotten notified a couple of times by Amex, as per ECB regulations, that the course they've used is significantly worse than the official one.
- renhanxue 3y agoI don't think that's the case outside the US. Sweden here; all of the Amex cards available locally charge a 2% currency exchange fee.
- ValentineC 3y ago> Pretty much all Amex cards with an annual fee have no foreign transaction fees as a benefit. Even in the US, this is not true. The Blue Cash Preferred and Everyday Preferred cards have foreign transaction fees, as does the Business Green card. Practically all non-US-issued Amex cards have foreign transaction fees as well. The US card market seems to be very competitive on that front.