Originally Posted by
grouse
Well isn't the fee always a fixed percentage of the amount? For my credit union, which doesn't rip people off like Citibank, you could just take all the foreign transactions and add an extra 1 percent on at the end. There should be no need to match up individual transaction fee lines to your expense report.
Citi changed this for me around May 2005. My main problem with this system is that I typically run through expenses before I receive the statement (checking the transaction amount as soon as it posts to put on the expense report), and I often forget about the one line at the end of the statement cycle. I usually don't have a problem correcting this, but you never know how the expense nazis are going to react day-to-day (like when you get your expense rejected for taping receipts to A4 paper instead of letter paper).
SPG Amex notes the conversion rate is +2%, and is included with the transaction amount.
For personal charges, I always try to use cash as ATM rates are approx +1%, and I use ATM cards with no fees.