credit card fees when buying goods abroad

Travel 3481 times3 answers1 follower
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?



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.

    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

      Tom 1.09K Rep. Tom answered

      I found a great article from Forbes on this matter

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