Originally Posted by gothaggis
My girlfriend just used her credit card to purchase hotel rooms for us in Ireland. (our trip is in March). When she got her credit card bank statement, they added a 3% charge onto the transaction. They claimed that all credit card companies will be doing this as it has been dictated by both VISA and MC. Any truth to this?
Visa and MC tack on only 1%. There is a
huge thread about this in MilesBuzz and a more manageable
summary here.
I can personally verify that the Visa issued by
my Massachusetts credit union doesn't tack on any more than the 1% Visa surcharge. And, the credit union doesn't assess me any fee for my overseas ATM transactions. More people should check out their local credit union-- big banks are increasingly for suckers.