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Thread: Canadian credit card with no foreign exchange surcharge..does one exist?
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Old Oct 18, 2009 | 9:48 am
  #14  
jarusoba
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Originally Posted by dashi
Wirelessly posted (BlackBerry9000/5.0.0.238 Profile/MIDP-2.1 Configuration/CLDC-1.1 VendorID/107)

I use the hsbc premier mc which doesn't charge forex fee. The benefit is not very good...
Are you sure about this? I have this card since a long time ago. I never used it because it doesn't offer much in terms of rewards. However, if it doesn't charge Forex fee, it would be a great perk. I don't remember my bank manager ever mentioned this as a benefit. I'd have to check it out then!

Edited to add:

Just checked the HSBC website. You're wrong.

They charge 2.5% Forex fee. See this link.

Foreign Currency Transactions:
You are charged the MasterCard conversion rate for transactions in a foreign currency, plus an administration fee of 2.5% of the converted amount, on both debits and credits.
Last edited by jarusoba; Oct 18, 2009 at 5:29 pm
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