Originally Posted by spc354

I have called Capital One to understand under what circumstances I would benefit from using DCC and they have not been able to explain it to me.

Originally Posted by percysmith

I read an article a while back that said issuer banks are okay with DCC cos most issuer banks are also acquirer banks so no-one actually loses volume, but they collect higher fees overall:

http://en.wikipedia.org/w/index.php?...ldid=405000340

The article also references Visa's/Mastercard's needs to keep DCC for antitrust purposes:

http://www.law360.com/topnews/articl...edit-card-fees

Of course, the Big 4 Chinese banks then unabashedly took advantage of (excuse the pun) Visa's inability to turn off DCC and bxttfxcked visitors like pedophiles.