Cryptocurrency Q&A
How do I avoid foreign transaction fees?
How do I avoid foreign transaction fees?
SakuraDance
Fri Sep 06 2024
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7 answers
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I'm curious about how one can avoid foreign transaction fees when using their credit or debit card for international purchases. Do certain credit card companies offer better rates or policies that help minimize these fees? Are there any specific steps I can take to avoid them altogether, or is it just a matter of choosing the right card and being mindful of my spending habits? I'd appreciate any insights you can provide on this topic.
7 answers
SoulStorm
Sun Sep 08 2024
This method eliminates the need for any conversion fees charged by banks or currency exchange stores.
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Sara
Sun Sep 08 2024
One way to save on transaction fees while traveling abroad is to pay for purchases in cash.
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Riccardo
Sat Sep 07 2024
It's also worth noting that some merchants may offer discounts for cash payments, further incentivizing the use of cash over other payment methods.
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InfinityVoyager
Sat Sep 07 2024
Most major currencies can be easily exchanged for U.S. dollars, allowing travelers to have access to local currency before departing.
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Skywalker
Sat Sep 07 2024
For those interested in investing in cryptocurrencies while abroad, BTCC is a top exchange platform that offers a range of services including spot trading, futures trading, and wallet storage.
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