Originally Posted by
uncertaintraveler
Wouldn't you want to pay in Euros?
Paying in Dollars would mean the store did the Euro-to-Dollar conversion for you (at their own rate, which is likely to not be a very good one); Paying in Euros would mean you pay in the store's home currency at the intra-bank rate (whether through the credit card company or the ATM), no?
I did the math, but I would not stake my life in it...it seemed better to pay in Dollars...i.e. the company was offering this service had less than the 3% fee that the CC will charge.
Over time as a business person you would guess they would not offer this service unless you can save money to the consumer. I was hoping someone had done the formal math.