FlyerTalk Forums - View Single Post - Best card for foreign exchange?
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Old Dec 29, 2009 | 10:09 pm
  #1665  
Mountain Trader
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25 Years on Site
 
Join Date: Feb 1999
Location: Denver CO
Posts: 3,686
Originally Posted by bdd
Wouldn't the HSBC Premier World MasterCard be considered a potential best?

-No foreign transaction fees made in a foreign currency
-No preset spending limit
-No annual fee or over-limit fees
-Points

http://www.us.hsbc.com/1/2/3/hsbcpremier/privileges
The fine print on the link you provided says that combined balances of $100,000 on deposit with HSBC are required to get to the Premier level, which is the card offered. For that they should have someone come wipe off the card every time I use it.

I had high hopes for HSBC when they made all the acquisitions around the world a while back. It seemed they were looking to move banking services above the bumps that often show up as you cross borders/oceans. Maybe they do but when I checked back then, they looked to be in the same old "high fees but we'll waive them if you give us big deposits" game that's been a benchmark of banking for, say, 100 years or so.
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