Originally Posted by
Steve M
So, if you are able to get USD TC's for no commission or fee before you leave, your total conversion cost will be 0.5%.
But the 0.5% commission is against what rate? The spread on the rates in the exchange booths is generally pretty wide. That means you are not likely getting the best deal there. No guarantee that the ForEx rate on your CC will be any better but if you can get a 0% or 1% card (CapOne, Schwab, etc.) AND get the exchange rate they use you'll probably do better than the 0.5% "rate" at the counter.