foreign currency transaction fees on credit cards
Most major credit card companies now charge a foreign transaction fee from 2-5%, and these international fees are continually on the rise.These foreign transaction fees are applied even when making purchases in U.S. dollars.o Foreign Transaction Fee Credit Cards. Most major credit card companies now charge a foreign transaction fee from 2-5%, and these international fees are continually on the rise. These foreign transaction fees are applied even when making purchases in U.S. dollars.