Originally Posted by
stimpy
What we mean is that most Amex cards charge a fee to card holders when they make charges outside of their currency zone. So if you hold an Amex product like the FB Amex in the Euro zone, and make a charge outside the Euro zone, in Switzerland, UK, Denmark, etc., you are assessed a fee for doing so. And of course most Visa and MC cards in the Euro zone do the same thing.
I think what is meant here is that the exchange rate/fee used by AMEX is much higher compared to MC/Visa. This is also my experience when paying for currency outside of the Euro. [I tried an experiment where I paid at the same restaurant at the same time but split the bill in two different payments, MC was about 0.8% lower compared to Amex]
Cheers!