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Thursday, March 30, 2006

Credit Card Exchange Fees

Author: Arthur
Posted: Thu Jul 15, 2004 6:29 pm
Post subject: exchange fee when purchasing in a foreign country


I need a credit card that doesn't charge me a fee for purchasing items in a foreign country. Most charge 1-3% of the purchase price, but I know there are some out there that charge nothing. Would appreciate the name of some.
Thanks!


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Author: HJM
Posted: Thu Jul 15, 2004 6:59 pm
Post subject: Credit Card Exchange Fees


MBNA's Quantum doesn't charge foreign exchange fee. MBNA's Platinum Plus charges 1% which actually charged by Visa/MasterCard for the service. However, if you have 1% cashback card from MBNA, the exchange service would be cancel out; actually, you would earn extra 0.01% from the currency exchange service fee.

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