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Foreign Transaction Fees


pwd847
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Foreign transaction fees are triggered when a charge is denominated in something other than US $.

 

Sometimes a non-US retail outlet will offer convert the local price and bill in $, to save you the fee.  However, depending on the exchange rate they apply, that can turn out to be the less attractive option.

 

Note, however, that while you're in areas largely frequented by tourists in Jamaica, much pricing will be in US $.

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15 minutes ago, pwd847 said:

https://i.imgur.com/mNjg7Mm.jpg

 

So the above picture is an Australian making a purchase in the US.  To avoid DCC you would select NO?

edited; I read too fast and thought this was an American in Aussie... You want to use a zero FETF card and pay in the local currency so this person should select pay in US dollars.

Edited by hegemony
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11 hours ago, hdporter said:

Note, however, that while you're in areas largely frequented by tourists in Jamaica, much pricing will be in US $.

FYI you can still get hit with a FTF from USD transactions in foreign countries. Best to use a no FTF card for anything. And it's almost always a better deal to buy in local currency and take the exchange rate from your credit card. 

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