Cryptocurrency Q&A
Do all credit cards charge foreign transaction fees?
Do all credit cards charge foreign transaction fees?
ShintoMystery
Sat Oct 26 2024
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5 answers
1242
I'm wondering if all credit cards charge fees for foreign transactions. I'm planning to use my card abroad and want to know if I should expect any additional charges.
5 answers
Chiara
Mon Oct 28 2024
Visa and Mastercard impose a fee of 1% on banks for handling overseas purchases.
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Filippo
Mon Oct 28 2024
Numerous U.S. card issuers add an extra layer of charges ranging from 1-2% to this base fee.
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KatanaSharp
Mon Oct 28 2024
Typically, the combined foreign transaction fee averages around 3% for most cardholders.
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CryptoLodestarGuard
Sun Oct 27 2024
Among the major credit card providers, Capital One stands out for offering a distinct advantage.
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KimchiQueenCharmingKissWarmth
Sun Oct 27 2024
Capital One credit cards do not impose any foreign transaction fees, making them an exceptional choice for travelers.
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Related questions
- What payment method to use to not get scammed?Credit cards offer features like encryption and fraud protection to help keep your personal information secure. In addition, credit card users are protected by federal law and can only be liable for up to $50 on fraudulent chargers.
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