A Travel and vacations forum. TravelBanter

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Go Back   Home » TravelBanter forum » Travel Regions » Europe
Site Map Home Authors List Search Today's Posts Mark Forums Read Web Partners

US Credit Card Forex fees



 
 
Thread Tools Display Modes
  #1  
Old August 30th, 2004, 05:45 PM
George Bozovic
external usenet poster
 
Posts: n/a
Default US Credit Card Forex fees

Hi,

I am from the US and will be living in the UK for at least the next 12
months. I read that the US credit card companies such as First USA and
Citibank now charge a 2-3% fee for all foreign currency transactions.

I also heard that Capital One doesn't charge a fee (except the
standard 1% VISA fee). Does anyone know of the banks that do not
charge a fee for foreign currency exchange?

Thank you,
George
  #2  
Old August 30th, 2004, 05:51 PM
David Horne
external usenet poster
 
Posts: n/a
Default

George Bozovic wrote:

Hi,

I am from the US and will be living in the UK for at least the next 12
months. I read that the US credit card companies such as First USA and
Citibank now charge a 2-3% fee for all foreign currency transactions.

I also heard that Capital One doesn't charge a fee (except the
standard 1% VISA fee). Does anyone know of the banks that do not
charge a fee for foreign currency exchange?


Given that you're posting from a BU account, I wonder if you're
currently based in the Boston area? If so, I'd suggest opening a
Wainwright Bank account. The account my partner has with them is called
a Value Checking Account (I don't know if it's still available to new
customers) and it definitely doesn't charge for foreign ATM withdrawals,
and there are no maintenance fees on the account.

David

--
David Horne- www.davidhorne.net
usenet (at) davidhorne (dot) co (dot) uk
  #3  
Old August 30th, 2004, 06:13 PM
JohnT
external usenet poster
 
Posts: n/a
Default


"George Bozovic" wrote in message
om...
Hi,

I am from the US and will be living in the UK for at least the next 12
months. I read that the US credit card companies such as First USA and
Citibank now charge a 2-3% fee for all foreign currency transactions.

I also heard that Capital One doesn't charge a fee (except the
standard 1% VISA fee). Does anyone know of the banks that do not
charge a fee for foreign currency exchange?

Thank you,
George


In the UK:

Liverpool Victoria
Nationwide

JohnT


  #4  
Old August 30th, 2004, 06:23 PM
Go Fig
external usenet poster
 
Posts: n/a
Default

In article , Bob
wrote:

Hi,

I am from the US and will be living in the UK for at least the next 12
months. I read that the US credit card companies such as First USA and
Citibank now charge a 2-3% fee for all foreign currency transactions.

I also heard that Capital One doesn't charge a fee (except the
standard 1% VISA fee). Does anyone know of the banks that do not
charge a fee for foreign currency exchange?

Thank you,
George


Could look into using HSBC, I can't say from experience of the US accou-
nt, but my UK HSBC account doesn't charge me for overseas' fees and has
been really good about me still using the account, even though I'm livi-
ng in the States, pretty good online service.



Do you use a UK address for this account ?

My dated experience is that a validated EU address is required to open
an account.

Check out Washington Mutual in the U.S., they have the best nationwide
ATM overseas for transaction fee. Don't know about CC though.

jay
Mon Aug 30, 2004



jay
Mon Aug 30, 2004

  #5  
Old August 30th, 2004, 09:13 PM
Fustanella
external usenet poster
 
Posts: n/a
Default

When we used our Huntington and Pulaski cards last year in London, we had no
extra fees. Check with them to see if that's still true.


  #6  
Old August 31st, 2004, 12:15 AM
George Bozovic
external usenet poster
 
Posts: n/a
Default

Hi David,

I am not longer a student of BU, however, I am still in the Boston
area. I have somthing similar for my checking account - the First
Internet Bank of Indiana, online bank, which has been very good to me
while I was abroad. I used their service since September, 2001 and I
highly recommend them.

I withdraw cash using their debit card in about 20 countries, even
before the Europe, and they never charged me a fee for it.

However, I am specifically looking for a credit card (US based) that I
can collect miles on.

Thank you,
george


(David Horne) wrote in message news:1gjces2.b0wsov11se4spN%this_address_is_for_s ...
George Bozovic wrote:

Hi,

I am from the US and will be living in the UK for at least the next 12
months. I read that the US credit card companies such as First USA and
Citibank now charge a 2-3% fee for all foreign currency transactions.

I also heard that Capital One doesn't charge a fee (except the
standard 1% VISA fee). Does anyone know of the banks that do not
charge a fee for foreign currency exchange?


Given that you're posting from a BU account, I wonder if you're
currently based in the Boston area? If so, I'd suggest opening a
Wainwright Bank account. The account my partner has with them is called
a Value Checking Account (I don't know if it's still available to new
customers) and it definitely doesn't charge for foreign ATM withdrawals,
and there are no maintenance fees on the account.

David

  #7  
Old August 31st, 2004, 02:17 AM
Larry
external usenet poster
 
Posts: n/a
Default

George Bozovic wrote:
Hi,

I am from the US and will be living in the UK for at least the next

12
months. I read that the US credit card companies such as First USA

and
Citibank now charge a 2-3% fee for all foreign currency transactions.

I also heard that Capital One doesn't charge a fee (except the
standard 1% VISA fee). Does anyone know of the banks that do not
charge a fee for foreign currency exchange?

Thank you,
George



MBNA America doesn't charge a fee. I use it exclusively when traveling
outside of the US. Their exchange rate is within a few basis points of
the posted exchange rate in the WSJ each day.

Larry

 




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
rec.travel.europe FAQ Yves Bellefeuille Travel - anything else not covered 0 April 17th, 2004 12:28 PM
rec.travel.europe FAQ Yves Bellefeuille Europe 0 January 16th, 2004 10:20 AM
rec.travel.europe FAQ Yves Bellefeuille Travel - anything else not covered 0 January 16th, 2004 10:20 AM
rec.travel.europe FAQ Yves Bellefeuille Europe 9 November 11th, 2003 10:05 AM
rec.travel.europe FAQ Yves Bellefeuille Europe 0 October 10th, 2003 09:44 AM


All times are GMT +1. The time now is 03:45 PM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright 2004-2020 TravelBanter.
The comments are property of their posters.