Comments on: Foreign Transaction Fee For US Dollar Transactions! http://www.askmrcreditcard.com/creditcardblog/foreign-transaction-fee-for-us-dollar-transactions/ Latest Credit Card News, Reviews and Information Thu, 09 Feb 2012 07:48:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mike @ Stock Picks http://www.askmrcreditcard.com/creditcardblog/foreign-transaction-fee-for-us-dollar-transactions/comment-page-1/#comment-130434 Mike @ Stock Picks Thu, 26 Aug 2010 20:05:53 +0000 http://www.askmrcreditcard.com/creditcardblog/?p=5508#comment-130434 Another ripoff: Merchant fees Some merchants are now charging foreign customers in their home currencies. (We've had this happen to us.) For example, a hotel in Germany might bill an American customer in U.S. dollars instead of euros and earn a 2% to 5% commission for this unrequested "convenience." To avoid such fees, insist on being billed in local currency. (The Wall Street Journal reports that Visa requires merchants to let customers opt out of conversion, and American Express waives its conversion fee if the merchant has converted the charge to a foreign currency.) total rip off Another ripoff: Merchant fees

Some merchants are now charging foreign customers in their home currencies. (We’ve had this happen to us.) For example, a hotel in Germany might bill an American customer in U.S. dollars instead of euros and earn a 2% to 5% commission for this unrequested “convenience.” To avoid such fees, insist on being billed in local currency. (The Wall Street Journal reports that Visa requires merchants to let customers opt out of conversion, and American Express waives its conversion fee if the merchant has converted the charge to a foreign currency.) total rip off

]]> By: judy mcginnis http://www.askmrcreditcard.com/creditcardblog/foreign-transaction-fee-for-us-dollar-transactions/comment-page-1/#comment-124477 judy mcginnis Sun, 25 Apr 2010 11:34:36 +0000 http://www.askmrcreditcard.com/creditcardblog/?p=5508#comment-124477 is there any credit card that does not charge a foreign tranaction fee when traveling in europe? is there any credit card that does not charge a foreign tranaction fee when traveling in europe?

]]> By: Nick http://www.askmrcreditcard.com/creditcardblog/foreign-transaction-fee-for-us-dollar-transactions/comment-page-1/#comment-104628 Nick Fri, 17 Apr 2009 14:31:11 +0000 http://www.askmrcreditcard.com/creditcardblog/?p=5508#comment-104628 You can argue the merits of fees such as this but a bank having received federal bailout funds shouldn't be a factor. If you do take government subsidies into consideration, you'd have a hard time justifying any fee/interest/money making that a bank charges and these banks would find themselves relying on public funds forever. You can argue the merits of fees such as this but a bank having received federal bailout funds shouldn’t be a factor. If you do take government subsidies into consideration, you’d have a hard time justifying any fee/interest/money making that a bank charges and these banks would find themselves relying on public funds forever.

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