It seems all that MC wants is its 1% that it charged in the past, that is until those law suits came along and made them change that practice. So the consumer won (Im sure the liers a/k/a lawyers did better) but now we will pay even more as now even US$ transactions will cost us 1% where there wasnt any fee B4 this. I just LOVE how the those who are out for the consumers best interests help us so much.
I guess MC can be in a bind legally if they didnt apply it across the board. Cap One still seems the way to go as it was 1% by MC till now and all that will change is having to pay the 1% on even US$ trans. While the majors will charge us their 3% and then MC will still charge their 1% for a total of 4% or will the Banks go down to 2% and add that to MCs 1% for a total of 3% still. I dont see the Banks giving up any part of the 3% it will be charging at all.
some will say whats 3-4% well if you go over once a year and dont spend much , maybe not much. But I usually have anywhere from 10-15 Intl trips a year and it will add up very fast. Guess Cap One its gonna be.