This practice should be illegal (not sure underwhose jurisdiction, but should be anyway), plain and simple. The average infrequent traveler probably is not even aware of the 3% or so foreign transanction fee on most cards untile and unless he examines his credit card statement, let alone the additional fees incurred on the spot by dynamic conversion. This should not be the consumer's problem to figure this out.
Last edited by gil123; Sep 8, 2008 at 7:08 am