- Centurion Member
- Posts: 875
- Joined: Thu Apr 30, 2009 2:32 pm
- Location: Texas
The fee for transactions denominated in foreign currency is set by the bank issuing the card, not MC/Visa, etc.
As far as I know, the only issuer that does not assess such a fee is CapitalOne. However, this may have changed. I keep a CapOne card specifically for transactions that I suspect might be subject to such a fee, but I haven't used it in a while.
I think some banks probably charge more for foreign transactions than others, and this probably can vary among the card "levels" (e.g., platinum, signature, world, etc.), too, but I don't know for sure.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).
*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.