Cryptocurrency Q&A
What is the exchange rate for a credit card?
What is the exchange rate for a credit card?
Chloe_carter_model
Mon Dec 16 2024
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5 answers
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I'm planning to use my credit card overseas and I'm wondering about the exchange rate that will be applied when I make purchases or withdraw cash. I want to know the exchange rate for credit card transactions.
5 answers
CryptoPioneer
Wed Dec 18 2024
The exchange rate applied to credit card purchases made overseas typically falls within a range of 2-4%.
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DongdaemunTrendsetterStyleIcon
Wed Dec 18 2024
Credit card companies such as Visa, Mastercard, American Express, and Discover handle foreign transactions with specific conversion rates.
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Tommaso
Tue Dec 17 2024
These conversion rates are determined using interbank rates selected by the credit card networks.
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ShintoBlessed
Tue Dec 17 2024
The interbank rates used are sourced from customary industry benchmarks.
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SakuraFestival
Tue Dec 17 2024
The selected interbank rates are generally those from the business day preceding the transaction processing date.
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