Originally Posted by
segacs
Looking for advice: Since Chase is discontinuing the 0% FOREX fee Amazon.ca Visa, any suggestions for a replacement card? I've been hunting far and wide, but it seems we Canadians are SOL when it comes to a card that doesn't tack on the 2.5% FOREX fee, other than that one.
(I already know about the HomeTrust Visa, but unfortunately it's not available to me as I live in Quebec. And the Rogers cards aren't a good deal for me, since my cell phone is with Telus/Koodo.)
I thought about getting a Rogers or Fido card, but when I read the Terms of Service, they clearly say they DO add a 2.5% ForEx fee:
From the "Disclosure Summary for Rogers Platinum Mastercard"
All transactions made in a foreign currency are converted to Canadian dollars at the rate established by Mastercard International in effect on the date that we post the transaction to your Account (which may not be the same date as the date of the transaction) plus an amount equal to 2.5% of the transaction amount after it has been converted to Canadian dollars.
From the "Disclosure Summary for Fido Mastercard":
All transactions made in a foreign currency are converted to Canadian dollars at the rate established by Mastercard International in effect on the date that we post the transaction to your Account (which may not be the same date as the date of the transaction) plus an amount equal to 2.5% of the transaction amount after it has been converted to Canadian dollars.
Maybe they used to have no ForEx fee, but they clearly do now.