credit card fees when buying goods abroad

Travel 2865 times3 answers1 follower
3
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?

×

Login

1
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.

    0
    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

      0
      Tom 1.09K Rep. Tom answered

      I found a great article from Forbes on this matter

        Subscribe to this question

        Share the joy

        Trending Questions

        Home Maintenance Companies 2 answers | 1 vote
        School advice? 0 answers | 0 votes
        Dubai in one night 0 answers | 0 votes
        dresscode 0 answers | 0 votes
        Fintech? 0 answers | 0 votes
        Question and answer is powered by AnsPress.io