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Its not in our favour unless our exchange rate appreciates every month more than our fees. And yes we get charged just like you would if I charged euros to your
by justincormack 12y ago
Its not in our favour unless our exchange rate appreciates every month more than our fees. And yes we get charged just like you would if I charged euros to your card.
- jordanthoms 12y agoMost good US cards don't charge an extra fee for non-USD transactions.
- kintamanimatt 12y agoThey do, they just hide it in the applied exchange rate.
- vamega 12y agoThis is not true. All Mastercard and Visa cards charge a rate that is specified my Mastercard and Visa on a daily basis. I've been tracking this rate for a few months now, and it's consistently been awfully close to the rate I find on xe.com. The CARD Act of 2009 mandated that credit card issuing companies clearly describe the fees associated with foreign transactions. Visa/Mastercard charge a cross border origination fee of 0.80%. However many credit cards (all cards by Captial One for example) waive this fee, and do not charge any fee of their on on top of this.