Credit Tips: Credit Card Foreign Exchange Fee Review

Posted On: February 1, 2006

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Posted: Wed Oct 13, 2004 10:27 pm
Post subject: Credit Card Foreign Exchange Fee Review
Ted
Date: 1/15/2001 2:00 pm CDT

My credit cards all charge a 2% fee on purchases made outside of the US. Are there cards which do not charge this fee?? Which ones??

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Posted: Wed Oct 13, 2004 10:28 pm
Post subject: Credit Card Foreign Exchange Fee Review

Dani
Date: 1/15/2001 9:51 pm CDT

Ted:

I know American Express doesn’t charge any fees for purchases outside of the United States. I went to Mexico a couple of months ago and used my AmEx the entire time I was there - no problem at all. Take care.

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Posted: Wed Oct 13, 2004 10:28 pm
Post subject: Credit Card Foreign Exchange Fee Review

Eugene
Date: 1/17/2001 0:19 am CDT

I know American Express doesn’t charge any fees for purchases outside of the United States.

According to http://www.bankrate.com/brm/news/cc/20000403.asp?keyword=, it does. The fee might be hidden in the exchange rate, so you do not see it.

Aspire (http://www.compucredit.com/pdcts.html) says they do not charge those fees, that’s in addition to those issuers listed in the article.