Originally Posted by
percysmith
It's about
2.5% foreign currency conversion fee for Canadian cards generally.
Fortunately Canadian banks don't seen to apply foreign transaction fee yet, unlike their US, Australian and (increasingly) HK counterparts.
But still, in oreck's case he would be most likely 1.67% out of pocket.
unless you use a prepaid AX (for USD only)/Sears MC/Marriott Visa (all of these 3 have no FX fee for CAD denominated cards.)
Paypower prepaid does have a foreign transaction fee but this can be a good thing (I have been able to pull USD at a CIBC machine in YYZ that charged bank rate, that is, before my paypower was cancelled.)