Watch out for Credit Card fees when travelling to Canada
On Sun, 27 Jul 2008 12:46:05 -0400, "Tom J"
wrote:
Rtavi wrote:
transactions were posted. What I was not aware of was that CITI card
charges a "Foreign Transaction Fee" on every purchase. This totaled
up to a charge of over $100 US. It's my fault for not reading all
the fine print but this didn't happen 7 years ago when I was using
an
ATT card in Canada. I just wanted to let you guys to be aware of
this. I should have done what I did with some of my cash on hand
which was to go to a Royal Bank of Canada and have them change $100
US to Canadian for a $3 fee so that I would have pocket money
I don't think you can get a credit card from anyone anymore that
doesn't charge a fee for Foreign exchange.
Also, the next time you visit Canada, ask if there is a fee before
exchanging cash. I have never paid a fee to exchange cash in Canada.
I have walked out the door of a few banks and gone down the street to
another bank.
Do be prepated with the current "real" exchange rate from a
source like Oanda. Many exchange desks and companies don't charge
a fee, but they get you with a bad exchange rate.
--
************* DAVE HATUNEN ) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
|