Best card for foreign exchange?
Sep 4, 2010 | 6:42 am
#1846
Join Date: Sep 2007
Location: SNA/LAX
Programs: Hertz PC, Hilton DMD, IHG Spire Amb, Bonvoy Titanium Elite & WoH Globalist
Posts: 8,132
Zero foreign transaction fees
The new Hyatt Visa from Chase foreign transaction fees are waived when making international purchases with this card.
Sep 9, 2010 | 10:54 am
#1847
Join Date: May 2010
Location: NY
Programs: AA PLT 2M, ANA Bronze, KrisFlyer Silver, Starwood Platinum, Hyatt Platinum, Marriott Gold
Posts: 25
I assume you are asking about the Chairman Card. It is very similar to Amex Platinum, with slightly different programs. You get Hilton Gold, some airline discounts, Priority Pass, concierge service etc. Most likely if you never thought Platinum was worth it, you aren't gonna like Chairman either.
Sep 9, 2010 | 6:08 pm
#1848
Join Date: Feb 2002
Location: Santa Monica, CA
Programs: UA 1K MM, Hilton Diamond, SPG lifetime platinum
Posts: 413
Capital One foreign transaction alerts are the best!
I use Capital One exclusively when traveling in Europe because of the excellent exchange rate and no added fees. But the feature I recently have become addicted to is the foreign transaction alert which is an e-mail showing the US$ conversion. Most of the time the e-mail will arrive to my Blackberry when I am still standing at the cash register! I just find this to be very useful to someone on the road spending foreign currency.
Sep 11, 2010 | 7:53 am
#1849
Join Date: Mar 2002
Location: US expat somewhere south of Valpo, Shiiile
Programs: LATAM Platinum on own dime, LATAM World Elite MC, AA, MiClub Lider
Posts: 873
Wrong thread
Last edited by Viajero Perpetuo; Sep 11, 2010 at 7:54 am Reason: Wrong thread
Sep 11, 2010 | 10:05 am
#1850
formerly known as daveland
Join Date: Oct 2003
Location: NY, NY, USA
Programs: Hyatt Globalist, Marriott LTP, Delta Platinum, Hilton Honors Diamond, Wyndham Diamond
Posts: 3,002
Not sure if this has been discussed, but with a Citigold ATM card (which is also a debit Mastercard) you can use that as a Mastercard internationally with no forex fee. (at least they don't show any forex fees - and original amounts aren't listed on the statement - so I might call to verify).
Sep 11, 2010 | 11:01 am
#1851
Join Date: Sep 2008
Posts: 704
Not sure if this has been discussed, but with a Citigold ATM card (which is also a debit Mastercard) you can use that as a Mastercard internationally with no forex fee. (at least they don't show any forex fees - and original amounts aren't listed on the statement - so I might call to verify).
Open your Citigold interest checking account with a $500 minimum deposit8. There's no monthly service fee for the first two statement cycles. After that, we'll continue to waive the monthly fee if the combined average balance of your eligible linked accounts is:
* $100,000 or more across all your linked Citi accounts
OR
* $250,000 or more if your Citibank first mortgage is included in the total relationship.
Otherwise, a $25 monthly service fee will apply. *
* $100,000 or more across all your linked Citi accounts
OR
* $250,000 or more if your Citibank first mortgage is included in the total relationship.
Otherwise, a $25 monthly service fee will apply. *
NOTE: The brochure also shows:
*You can also have $50,000+ in deposits including retirement accounts (to have the monthly fee waived)
*The monthly fee (for not meeting set criteria) is raised to $30/month
*Waived annual fees on participating credit cards.#
#Participating credit cards include: Citi Platinum Select/AAdvantage World Matercard, Citi Premier Pass - Elite Level. The Citigold account must be open and in good standing for the fee waiver to remain in effect.
*Waived foreign exchange fee (if you use the debit card)
*Free AAdvantage Debit Card (1 mile/$) - which has a 4k signup bonus
*You can also have $50,000+ in deposits including retirement accounts (to have the monthly fee waived)
*The monthly fee (for not meeting set criteria) is raised to $30/month
*Waived annual fees on participating credit cards.#
#Participating credit cards include: Citi Platinum Select/AAdvantage World Matercard, Citi Premier Pass - Elite Level. The Citigold account must be open and in good standing for the fee waiver to remain in effect.
*Waived foreign exchange fee (if you use the debit card)
*Free AAdvantage Debit Card (1 mile/$) - which has a 4k signup bonus
Oct 22, 2010 | 5:10 pm
#1852
Join Date: May 2006
Location: Orlando, Florida, USA
Posts: 3,020
I just got a notice in the mail that my State Farm Rewards Visa is going to charge 3% fee for international transactions, along with other changes, as a result of the recent Federal Regulations. Thanks Mr Obama!
Edit: I have scanned the relevant page from the notice, but I don't know how to attach it to my post. It does not seem to let me.
Edit: I have scanned the relevant page from the notice, but I don't know how to attach it to my post. It does not seem to let me.
Last edited by michael_v; Oct 22, 2010 at 5:19 pm
Oct 22, 2010 | 9:16 pm
#1853
In memoriam
Join Date: Jan 2006
Posts: 4,020
Remember, the bank is your friend. @:-)
Oct 23, 2010 | 1:53 am
#1854
Join Date: Feb 1999
Location: Denver CO
Posts: 3,686
I just got a notice in the mail that my State Farm Rewards Visa is going to charge 3% fee for international transactions, along with other changes, as a result of the recent Federal Regulations. Thanks Mr Obama!
Edit: I have scanned the relevant page from the notice, but I don't know how to attach it to my post. It does not seem to let me.
Edit: I have scanned the relevant page from the notice, but I don't know how to attach it to my post. It does not seem to let me.
2012 can't come soon enough for me.
Last edited by Mountain Trader; Oct 23, 2010 at 10:38 am
Oct 23, 2010 | 11:13 am
#1855
Join Date: Feb 2010
Programs: UA 1P
Posts: 48
ex-Charles Schwab Invest First Visa Signature is the best. 0% forex and 2% cashback.
Oct 24, 2010 | 11:23 am
#1856
Join Date: Feb 2005
Location: LAX-TPE-LAX
Programs: No more status...just doing my best in burning my points/miles.
Posts: 2,021
Oct 27, 2010 | 7:05 pm
#1857
Join Date: Mar 2009
Location: SEA
Programs: Hertz 5*, SPG Gold, Hilton Silver, Very Confused
Posts: 683
I'll be traveling to China a lot next year and am thinking to open a checking account with either Capital One or Schwab so I can get cash. Their websites aren't very specific and the phone representatives aren't much better.
I know both banks reimburse ATM fees. Do they do this even it's no broken out as a seperate fee by the ATM?
Do the banks also reimburse the currency conversion fee Visa or Mastercard charge? Capital One used to do this, but not sure if it's still in effect.
How are the exchange rates from these banks? I wonder if the lack of fees is made up by a poor exchange rate.
I know both banks reimburse ATM fees. Do they do this even it's no broken out as a seperate fee by the ATM?
Do the banks also reimburse the currency conversion fee Visa or Mastercard charge? Capital One used to do this, but not sure if it's still in effect.
How are the exchange rates from these banks? I wonder if the lack of fees is made up by a poor exchange rate.
Last edited by medic-again; Oct 27, 2010 at 7:34 pm
Oct 27, 2010 | 9:13 pm
#1858
Join Date: Jan 2003
Location: NYC
Posts: 8,691
I'll be traveling to China a lot next year and am thinking to open a checking account with either Capital One or Schwab so I can get cash. Their websites aren't very specific and the phone representatives aren't much better.
I know both banks reimburse ATM fees. Do they do this even it's no broken out as a seperate fee by the ATM?
Do the banks also reimburse the currency conversion fee Visa or Mastercard charge? Capital One used to do this, but not sure if it's still in effect.
How are the exchange rates from these banks? I wonder if the lack of fees is made up by a poor exchange rate.
I know both banks reimburse ATM fees. Do they do this even it's no broken out as a seperate fee by the ATM?
Do the banks also reimburse the currency conversion fee Visa or Mastercard charge? Capital One used to do this, but not sure if it's still in effect.
How are the exchange rates from these banks? I wonder if the lack of fees is made up by a poor exchange rate.
Oct 27, 2010 | 9:21 pm
#1859
A FlyerTalk Posting Legend
Join Date: Apr 2004
Location: GVA (Greater Vancouver Area)
Programs: D.R.E.A.D. Gold card holder
Posts: 53,210
Oct 28, 2010 | 11:45 am
#1860
Join Date: Mar 2009
Location: SEA
Programs: Hertz 5*, SPG Gold, Hilton Silver, Very Confused
Posts: 683
Mahasamatman, are you referring to the Visa/Matercard imposed fees or the 3rd party bank ATM fee?
From http://www.capitalone.com/directbank...P_C1_03_T_SP29
From http://www.capitalone.com/directbank...P_C1_03_T_SP29
Access to more than a million ATMs worldwide
We don't charge ATM fees at more than a million ATMs worldwide. If another bank charges you, we refund up to $10 per month.
We don't charge ATM fees at more than a million ATMs worldwide. If another bank charges you, we refund up to $10 per month.