I mostly find stuff on the star bland, but this was interesting...
http://www.moneyville.ca/blog/post/1...when-traveling
"For example, with my MBNA Platinum Plus Mastercard, all transactions made in a foreign currency will be converted to Canadian dollars. Then, an amount equal to 2.5 per cent of the converted transaction amount will be added to the total.
Meanwhile, my President’s Choice (PC) Financial Mastercard first converts all foreign transactions into U.S. dollars, and then into Canadian dollars, before charging a 2.5 per cent conversion fee."
Seems like PC financial mastercard does a double ding, by buying and selling USD (followed by a 2.5% fee)
I would love to know who else does this double ding. I was always under the impression that all of the cards operated like the MBNA one.