Best card for foreign exchange?
Apr 28, 2006 | 3:17 am
#556
Suspended
Join Date: Nov 1999
Posts: 24,150
MBNA Amtrak MC
Got the new T&Cs in yesterdays mail, nothing about a 3% fee. Called anyway and was told ALL MBNA cards have had it for awhile now. Was transferred to a mgr, who spoke to his Mgr and seems that the deal with Amtrak is simply the reg 1% by MC and Nothing more.
Ive used the card Overseas alot this past yr and even earlier this week and can Confirm its but 1% and not 3% and that it remain as such after 6/30 as well.
Pts can be used for Amtrak or transferrs to Hilton or Continental, or Gift Cards. I cant stand Cap One which I got and then cancelled. Ive had nothing but great service from MBNA.
Ive used the card Overseas alot this past yr and even earlier this week and can Confirm its but 1% and not 3% and that it remain as such after 6/30 as well.
Pts can be used for Amtrak or transferrs to Hilton or Continental, or Gift Cards. I cant stand Cap One which I got and then cancelled. Ive had nothing but great service from MBNA.
Apr 28, 2006 | 3:23 am
#557
Original Member
Join Date: May 1998
Posts: 1,988
1% foreign exchange fee for using Citi atm card at overseas citi atm
I can confirm that Citibank is charging the 1% foreign exchange fee for using your Citibank ATM card at an overseas Citibank ATM machine.
I used the Citi ATM machine at Narita airport last Monday...and was charged a 1% foreign exchange fee as a separate line item.
Don't forget to inform your credit card company you will be out of the country and charging on your card. We had one of our card decline our transaction...
I used the Citi ATM machine at Narita airport last Monday...and was charged a 1% foreign exchange fee as a separate line item.
Don't forget to inform your credit card company you will be out of the country and charging on your card. We had one of our card decline our transaction...
Apr 28, 2006 | 10:17 am
#558
FlyerTalk Evangelist
Join Date: Feb 1999
Location: Seat 1A, Juice pretty much everywhere, Mucci des Coins Exotiques
Posts: 34,337
I just noticed that my Merrill+ Visa jumped from 5.8% interest to 8.9%. I called them and apparently this went into effect this year for all Merrill+ cards. So now I'm wondering what is the lowest interest rate card out there (given that I have excellent credit).
And since most all of my transactions on Visa are outside the US, what is the best for that these days?
TIA!
And since most all of my transactions on Visa are outside the US, what is the best for that these days?
TIA!
Apr 28, 2006 | 10:40 am
#559
Join Date: Jan 2003
Location: NYC
Posts: 8,691
Originally Posted by stimpy
I just noticed that my Merrill+ Visa jumped from 5.8% interest to 8.9%. I called them and apparently this went into effect this year for all Merrill+ cards. So now I'm wondering what is the lowest interest rate card out there (given that I have excellent credit).
And since most all of my transactions on Visa are outside the US, what is the best for that these days?
Apr 28, 2006 | 11:32 am
#560
FlyerTalk Evangelist
Join Date: Feb 1999
Location: Seat 1A, Juice pretty much everywhere, Mucci des Coins Exotiques
Posts: 34,337
Originally Posted by themicah
You carry a balance? The horror! There are plenty of cards out there with 0% intro APRs.
Apr 28, 2006 | 1:42 pm
#561
Join Date: Jan 2003
Location: NYC
Posts: 8,691
Originally Posted by stimpy
I carry a balance often because I spend thousands on business travel each month and my expense checks sometimes take a while to catch up. However I don't do the 0% intro deals since they only last a few months and then if you don't act quickly you have huge rates to pay. I have had the 5.9% Merrill+ card for a couple of years so I never had to worry.
Apr 28, 2006 | 1:47 pm
#562
FlyerTalk Evangelist
Join Date: Feb 1999
Location: Seat 1A, Juice pretty much everywhere, Mucci des Coins Exotiques
Posts: 34,337
I don't want a corporate card. I have a Centurion Amex and a Starwood Amex. I use the Visa to juggle expenses and for certain personal expenses.
Apr 28, 2006 | 11:21 pm
#563
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 30,343
Citi has 0% 0 fee for a full 12 months
Originally Posted by stimpy
I carry a balance often because I spend thousands on business travel each month and my expense checks sometimes take a while to catch up. However I don't do the 0% intro deals since they only last a few months and then if you don't act quickly you have huge rates to pay. I have had the 5.9% Merrill+ card for a couple of years so I never had to worry.
every month ... She never uses the Citi MC for any charge - its sole purpose is to take in the BT.
You have a full 12 months to juggle your expenses.
May 1, 2006 | 1:11 pm
#564
Join Date: Aug 2004
Programs: AA Explat
Posts: 397
Originally Posted by themicah
There have been so many conflicting reports about MBNA, I've personally gone in and changed it several times in response to posts here. I thought I finally had it sorted out (Visa = 1%, MC = 3%), but apparently that's not right either. If we could just get all the MBNA Fidelity people to post the following, we could maybe decipher a pattern:
Unfortunately, most people seem to just post "Fidelity is now 3%" or "My Fidelity card is 1%." But there are several different kinds of Fidelity cards, both Visa and MC.
- What is the EXACT name of your account?
- Does your account give you automatic deposits into your Fidelity account or do you have to affirmatively convert points into Fidelity deposits?
- Visa or MC?
- When did you open your account?
- When did you last check to see if it was 1% or 3%?
Unfortunately, most people seem to just post "Fidelity is now 3%" or "My Fidelity card is 1%." But there are several different kinds of Fidelity cards, both Visa and MC.
I have the Fidelity Investments Investment Rewards Signature Visa.
It does NOT automatically deposit into my Fidelity account, I have to manually request it.
It is a Visa card.
I opened the account in Feb 2006.
I checked in late March/early April 2006, that it was indeed 1%.
This all seems to agree with your visa is 1%, mc is 3% theory.
Calling the rep never seems to help. I've talked to two before my trip, and they both said I had a 3% fee ( like all other MBNA cards). But upon receiving my statement, I did not get charged (just as my T&C said).
Edit: top right hand of my card says world points. if that helps.
May 2, 2006 | 12:53 pm
#565
Join Date: May 2001
Location: Fort Worth, TX US
Programs: AAdvantage
Posts: 179
My turn. I got the change in T&C in the mail today, there will be a 3% foreign transaction fee effective 6/30/06. This is on my MBNA Fidelity Investment Rewards Platinum Plus MasterCard, which I got in Sept 04. The 1.5% cash rebate is automatically transferred to my Fidelity every quarter.
Time to join a credit union!
Time to join a credit union!
May 2, 2006 | 1:50 pm
#566
Join Date: Dec 2004
Location: LAX/SNA
Programs: AA PLT/1.9MM
Posts: 500
Originally Posted by ziobacio
My turn. I got the change in T&C in the mail today, there will be a 3% foreign transaction fee effective 6/30/06. This is on my MBNA Fidelity Investment Rewards Platinum Plus MasterCard, which I got in Sept 04. The 1.5% cash rebate is automatically transferred to my Fidelity every quarter.
Time to join a credit union!
Time to join a credit union!
May 3, 2006 | 10:36 am
#567
Join Date: Aug 2004
Programs: AA Explat
Posts: 397
Originally Posted by Jumpcut
That's the exact same notice i got over a week ago for the same card. Sounds like they're staggering the mailings but everyone gets the change effective 6/30.
May 4, 2006 | 3:26 pm
#568
Join Date: Jun 1999
Location: Rio de Janeiro, BRAZIL
Programs: AA 4MM EXP; Starwood Lifetime Plt
Posts: 2,498
Is CapitalOne VISA now the ONLY card that gives any sort of return, be it miles or a rebate, and also does not charge an extra foreign exchange fee?
May 4, 2006 | 3:31 pm
#569
Join Date: Jan 2003
Location: NYC
Posts: 8,691
Originally Posted by ajnaro
Is CapitalOne VISA now the ONLY card that gives any sort of return, be it miles or a rebate, and also does not charge an extra foreign exchange fee?
http://www.flyertalk.com/wiki/index....hange#The_List
It's possible some MBNA cards are still 0-1% and still offer worldpoints or the Fidelity 1.5% rebate. But that seems to be changing, and there's no guarantee that your new account won't have a 3% fee like most MBNA cards.
Last edited by themicah; May 4, 2006 at 3:35 pm Reason: added last sentence
May 5, 2006 | 7:48 am
#570
Join Date: Feb 2001
Location: Santa Cruz CA USA
Posts: 1,643
> It's possible some MBNA cards are still 0-1%
I received mail yesterday from MBNA that all their Visa and Mastercards will be 3% for foreign transactions. Lots of other fees that I hadn't noticed before, including one for going over the credit limit.
Sylvia
I received mail yesterday from MBNA that all their Visa and Mastercards will be 3% for foreign transactions. Lots of other fees that I hadn't noticed before, including one for going over the credit limit.
Sylvia