Reward nights start at 10, points. Free anniversary night no points needed good at any IHG hotel Intercontinental, Crowne Plaza, more. Or, consider other cards for 50, more miles or points that transfer into United miles with additional flexibility for your everyday spending. How to use your miles. How to use Amex Membership Rewards points.

How to use Chase Ultimate Rewards points. We can help you find flights that you can book with miles free of charge. Just fill out our form for personal help. Best travel rebate Capital One Venture Rewards 5. Best lounge access Platinum Card from American Express For a personalized score of card rewards, use the MileCards. For a customized view of the best cards for you, use MileCards. For a personalized score of card rewards, use the MileCards. Traveling abroad is filled with uncertainty, especially when it comes to fees.

And nowhere is there more confusion than with the exchange rate you face when you pay with your travel credit card. Are you getting fleeced like you do at kiosks? Will there be extra fees?

None of us likes to see a nasty surprise on our credit card statements after returning home, but it happens all too often to all of us. Below are the rates we found at the writing of this article for exchanging dollars to popular foreign currencies.

Lower numbers are better. The rates for credit card purchases are very competitive — almost identical to the rates set on the floors of market exchanges every day. This is when you are given the choice to pay in the local currency, or pay in dollars.

There is no rational reason for a U. And at those places make sure you ask to pay in the local currency to avoid the extra fee. We have a list below. Follow MileCards on Twitter for the latest updates and new offers. Points Can Transfer to Airline Miles? Leave a comment below -- we'll reply shortly -- no need to use your real name. Or, use the email form at the top of the page for private advice. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser.

Thanks for this article. I will be visiting Mexico soon. I will taking a taxi from the PV airport and using my Chase Sapphire Preferred which has no transaction fee to pay for it.

I know there is a price in pesos and in dollars. Do I need to tell them to charge my card in pesos, or does it not matter when using the card? When they offer to charge you in dollars, the merchant will embed extra fees via a worse exchange rate.

American Express Canada - Personal - Payment Methods

They are telling me they use Bank of America and that is the rate tent are charging. My credit card is not B of A and has no Foreign transaction fees.

Why would this occur? Cleo — Why do you need to submit payment in USD? Is it best to wait until I get to Canada and use my Chase debit card to withdraw Canadian money from an ATM?

Is there a fee? Ted — Your debit card may have a fee — very few banks or brokerages waive the foreign fees for ATM withdrawals. Charles Schwab is one of them. How can I find out what rate will be used on the day or would I be cheaper paying in cash. Lorna — That particular card appears to have a 2. The dynamic conversion is such a scam.

TD Canada Trust - Banking - Foreign Currency Services

And the US guys make it worse by layering the foreign transaction fees on top. But US cards will hit you double unless you have one with no foreign transaction fees.

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Advertiser Disclosure How to see the exact exchange rate your card charges when you travel. Earn 50, bonus miles - United MileagePlus. Total of , Avios - British Airways Visa.

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Currency exchange rate fees the banks are hiding from you

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