Best Card for Forex charges
#1
Original Poster
Join Date: Oct 2000
Posts: 2,657
Best Card for Forex charges
Which card offers the best forex rates for puchases (mostly EUR and GBP)
This is what I have
Amex Plat charge (the actual rate itself is ok, it's the add on's that make it a rip-off. I use this the most, stateside)
Citibank AA Mastercard World (2nd most used card)
Chase Platinum Visa (hardly use this)
BofA Visa (hardly use this)
Merill Lynch (Total Merill) MBNA (I've heard MBNA is good for forex charges)
That's it. Suggestions?
This is what I have
Amex Plat charge (the actual rate itself is ok, it's the add on's that make it a rip-off. I use this the most, stateside)
Citibank AA Mastercard World (2nd most used card)
Chase Platinum Visa (hardly use this)
BofA Visa (hardly use this)
Merill Lynch (Total Merill) MBNA (I've heard MBNA is good for forex charges)
That's it. Suggestions?
#2
Join Date: Mar 2004
Location: Orem, UT, USA
Programs: DL PM, HHonors Diamond, Hyatt Platinum, Marriott Gold, SPG Gold
Posts: 414
The Nordstrom Visa doesn't charge any conversion fees at all. They even eat the Visa 1% exchange fee. In addition, it's no annual fee and you earn points for purchases at Nordstrom (if you're into that sort of thing). Of the cards you have, the MBNA one is the best.
#4
Join Date: Sep 2002
Location: Minneapolis, MN
Programs: LH Senator, Million Miler but now only Silver DL, No status AA
Posts: 134
I lived in Switzerland for 3 years and used the State Farm Bank Visa Card.
http://www.statefarmbank.com/bank/before.htm
They charge the 1% conversion fee that Visa takes, but then offer 1% cash back that can be applied towards State Farm Insurance or simply deposited into your State Farm Bank account. (I also use them for banking with free internet bill paying, etc.)
Best deal I've found.
http://www.statefarmbank.com/bank/before.htm
They charge the 1% conversion fee that Visa takes, but then offer 1% cash back that can be applied towards State Farm Insurance or simply deposited into your State Farm Bank account. (I also use them for banking with free internet bill paying, etc.)
Best deal I've found.




