Why Are Canadians Losing Money When They Travel?
Channel: GreedyRates
Date: 2018-07-17

Read more about no foreign transaction fees: http://bit.ly/2mrz8L0

Canadians love to travel. But we don’t love overpaying for every purchase we make overseas! Most Canadian consumers don’t realize that their credit cards charge a 2.5% fee every time they process a foreign transaction. This can ultimately add up to quite a bit of wasted cash for those who either travel frequently or buy goods from foreign websites that don’t handle CAD. So how can we find out if our credit cards are charging these fees, and if they are, how can we avoid paying them?