I am charging a lot of stuff in non-US countries, and the foreign exchange fees are starting to become material, so my boss has asked me to reduce my credit card foreign exchange fees. My cards will likely exceed $100K in foreign charges (reimbursed business expenses) in the next 12-18 months.
I currently carry AmexSPGPlat and CitiAAdvantageMC. I always try the Amex, and fall back to Citi if they don't take Amex. I also have Chase CashBuilder, Chase PerfectCard, BritishAirwaysVisa(BankOne), and MBNA PlatinumPlus.
I am trying to get to AA Lifetime Plat, so I prefer AA miles (and LOVE the Amex/SPG flexibility to 20 airlines and the transfer bonuses). I also like cash. I am generally discouraged by all other programs either because they are too finicky (any private airline ticket program, for example), or on airlines I am not currently looking for award travel on, though BA/NW/UA/DL miles are tolerable.
Question: What card has the LOWEST foreign exchange fees (and hopefully either earns AA miles or cash rebates).
Added 7/13/06:
FlyerTalk Wiki on this subject:
http://www.flyertalk.com/wiki/index....reign_Exchange
Which Bank Card is Best? (
http://www.smartertravel.com/travel-...html?id=255059)
Foreign Exchange 101 (
http://www.smartertravel.com/travel-....html?id=14332)
[Please see last post in this thread for updated links. Your MB Mod.]