credit card fees when buying goods abroad

Travel 3059 times3 answers1 follower
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toshita 29 Rep. elliemartin1 edited question

Is it better to pay in the foreign currency or your home currency while paying by credit card when travelling overseas?

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Jon Richards 917 Rep. Jon Richards answered

You’ll pay an addional 5% if you pay in your home currency when paying for goods abroad. Make sure you opt for the local currency to avoid “dynamic currency conversion” or DCC

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    Tom 1.09K Rep. Tom answered

    I found a great article from Forbes on this matter

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      Tom 1.09K Rep. Tom answered

      When paying for goods and services abroad it is always recommended that you pay with the local currency. Banks will charge a percentage for using your country of origins currency.

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