Those Growling Medieval Guys Might Be Right
"I recommend the Capital One Venture Rewards credit card, or any other Capital One card, for travel abroad; [because] none of their cards carry foreign transaction fees," says personal finance blogger David Seaman in a Business Insider report.
Seaman agrees with the common notion that using a major credit card is a good idea to get a better exchange rate. But urging travelers to check the fine print in credit card agreements, he warns, "many credit cards now charge a 'foreign transaction fee' on every single one of these purchases, which usually is around 3% to 4%. Although this isn't bad for a cup of coffee, if you spend $200 or $300 in a weekend, that added fee begins to pile up rapidly."
No comment, be the first to comment.