Fees on foreign credit card charges
By Jay
MacDonald • Bankrate.com
For an updated version of this story, click
here
The cost of using a credit card
overseas is going up.
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.
| 
