Last night your humble editor attended a “Travel Summit,” which was as exciting as a summit can be. In any case, the talk there centered around, among other things, international credit card fees (told ya it was exciting!) that are levied when you buy something while traveling abroad.
Many people go the Capital One card route -- they don’t have fees on international transactions -- but we usually suck it up and live with the fees rather than risk carrying cash or deal with the added hassle of carrying a traveler’s check. Lately, it seems like more credit card companies are catching on: if you use an American Express Platinum or Centurion Card, AMEX will waive your foreign transaction fees, starting this March. But the fees are pervasive on most cards for the time being.
So, have at it in the comments: what are your best ways to dodge transaction fees in a foreign land?
Posted by alexanderbasek (Alexander Basek)
Comment by UK Flower Girl on January 27, 2011
Capital One. We are still paid in American Dollars so we have thousands in transactions. It is the only way to go! We used other cards for years living overseas and racked up thousands with that 3% fee. The only thing we got out of it? Loads of "free" travel from earning miles.
Comment by manniengland on April 18, 2011
If your confused about going to the UK and what to do for your holiday, study or work or if your thinking of locating in the UK then I reccommend going to the site below. These guys help you in planning and preparing in literally everything from airport travel to providing tour guides. They have also teamed up with visa offices to give advice in obtaining a visa.