credit cards

Experts share best credit card advice

Credit Cards » Experts Share Best Credit Card Advice
You can avoid foreign transaction fees
Next
2 of 5
Back
You can avoid foreign transaction fees

Name: Peter Greenberg

Bio: Author of "Tough Times, Great Travels: The Travel Detective's Guide to Hidden Deals, Unadvertised Bargains, and Great Experiences," and travel editor for CBS News.

Advice: Because I travel so much internationally, where you get nailed is on that foreign transaction fee, which can be as much as 3 percent. So the key is to find a card that doesn't have a foreign transaction fee. And they do exist. And with the amount of travel I do, that 2.7 percent adds up in ways you can't possibly imagine. (For me, it's probably) $2,000 to $3,000 a year, if not more.

Who offered this advice: I found out about it from another traveler who saw me take out my card one day and asked, 'Have you looked at your statement lately?'


 

 

advertisement

Editorial Disclaimer: The editorial content is not provided or commissioned by the credit card issuers. Opinions expressed here are author’s alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.

Show Bankrate's community sharing policy
          Connect with us
Product Rate Change Last week
Balance Transfer Cards 16.37% --0.00 16.37%
Cash Back Cards 16.70% --0.00 16.70%
Low Interest Cards 12.02% --0.00 12.02%
 
Search
advertisement
advertisement
advertisement

Credit Card Blog

Mitch Strohm

Best credit card rates for Wednesday, June 29

It's a good time to be in the market for some new plastic.  ... Read more

advertisement

Connect with us