Cryptocurrency Q&A
How do I get out of foreign transaction fee?
How do I get out of foreign transaction fee?
henry_miller_astronomer
Fri Oct 11 2024
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6 answers
1237
I'm looking for ways to avoid paying foreign transaction fees when making purchases or transactions abroad. I want to know the best methods or strategies to circumvent these fees.
6 answers
ShintoBlessed
Sun Oct 13 2024
Making international purchases can often come with additional costs, such as foreign transaction fees charged by credit card companies. However, there's a way to bypass these fees altogether.
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CryptoGladiatorGuard
Sun Oct 13 2024
By opting to pay for purchases in foreign countries using the local currency instead of your US credit card, you can eliminate the foreign transaction fee entirely.
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CherryBlossom
Sun Oct 13 2024
This method is especially beneficial for frequent travelers or those who make regular purchases from overseas merchants.
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CloudlitWonder
Sat Oct 12 2024
To execute this strategy, simply inquire with the merchant if they accept payment in the local currency. If they do, proceed with the transaction using the appropriate local tender.
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SkyWalkerEcho
Sat Oct 12 2024
Not only will you save on foreign transaction fees, but you may also enjoy more favorable exchange rates compared to what your credit card company offers.
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