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Thread: Did Visa/MC Increase Foreign Currency Conversion Fee?
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Old Jul 29, 2003 | 5:21 pm
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jld22
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Did Visa/MC Increase Foreign Currency Conversion Fee?
I checked with my credit card banks today to see what the fee is for foreign currency conversion. Was told by both Chase and Citibank that both MC and VISA charge a 2% fee, and the bank also charges 1%. I could have swore that this used to be 1% by Visa/MC and 1% (or 0%) by the bank. Was this changed recently, or were the service reps misinformed?
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