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Fees on foreign credit card charges


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The cost of using a credit card overseas is going up.

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Several major credit card companies are charging 2 percent fees on purchases made outside the United States on top of the 1 percent currency exchange fees long levied by Visa and MasterCard.

Here's a look at the overseas fee policies of some the nation's largest credit card issuers, excluding the traditional 1 percent fees from Visa and MasterCard:

 

 

Issuer
Foreign Transaction Fees
Citibank
3%
Bank One/First Usa
2%
MBNA America
3%
Chase Manhattan
3%
Bank of America
3%
Providian
1%
Capital One
None
FleetBoston
None
Wells Fargo
3%
Wachovia
1%

American Express is not associated with Visa or MasterCard. American Express customers pay a 2-percent fee on every foreign currency transaction.

 

 

 
-- Posted: April 16, 2001
   

 

 
 

 

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