Isn't this new policy of imposing as a separate item a 3% finance charge on all foreign purchases going to cause problems for international business travel? I guess the accounting office will have to add 3% to all receipts (and credit statement line items) for hotel, meals, etc. before billing clients. And employees using their own cards will have to remember to prorate the finance charge to their various clients in order to get reimbursed and not have to eat the charges personally.
Fortunately, the people who do a lot of travel (and spending money) abroad tend to be fairly intelligent and may rebel against this unfair treatment, moving their foreign (and maybe some domestic) credit card use to credit unions, etc. And the companies that employ them aren't stupid either and may find alternatives for their traveling employees. I hope the banks lose enough customers (and the high commisions they already get from merchants) that they realize they have overreached and will get less profit in the end than if they had not been so greedy.