Credit Cards that don't levy 3% charge - Timeshare Users Group Online Community Forums

travelplanner70 · November 4, 2007, 04:51 PM

My son is going to India. Which charge card will not levy the 3% conversion charge? I don't think Discover Card does, but it is not accepted everywhere. Any suggestions? Thanks.

SciTchr · November 4, 2007, 04:54 PM

American Express is 2% for Mexico conversion. Our other cards were all 3%.

Icarus · November 4, 2007, 05:44 PM

Capital One, no charge for forex transactions. They have many different cards, so make sure the one you pick has no forex fee.

The other way to go is through your credit union. CUs vary in what they charge. Some charge nothing, some just charge the 1% fee that the associations charge them.

-David

falmouth3 · November 4, 2007, 05:50 PM

I was going to mention your credit union too. Mine charge a 1% fee for my trip to Scotland, which is what VISA charged them. There were no other hidden fees, and I used ATMs that had no additional fees, so each withdrawal cost me what I took out, plus 1%.

sue

John Cummings · November 5, 2007, 01:47 AM

My American Express Blue charges 3%. My San Diego County Credit Union Visa charges 1%.

jolie · November 5, 2007, 08:23 AM

My Discover card doesn't charge a fee either for Mexico, maybe give them a try. I also learned when I contacted Discover about the fee that when you go outside of the USA and plan on using your card you are to let them know or when they see out of country charges they will freeze your card until they get a hold of you to make sure it is not credit card fraud!!!!!!!!!!!!!!!!!!
They also offer a type of insurance to help against fraud charges if they do occur while you are over seas and then when you come home you can discontinue it.

falmouth3 · November 5, 2007, 09:53 AM

Before attempting to use Discover, call and see if the card is widely accepted in the country you are visiting. I found out years ago while on vacation that they didn't know what a Discover card was. Luckily I had another card in my wallet.

Sue

Kenrabs · November 5, 2007, 03:31 PM

Quote:

Originally Posted by falmouth3

Before attempting to use Discover, call and see if the card is widely accepted in the country you are visiting. I found out years ago while on vacation that they didn't know what a Discover card was. Luckily I had another card in my wallet.

Sue

Yes do check, We have one also and go to Mexico often and luckily our resort in Cancun accepts it but most places don't.

jolie · November 5, 2007, 05:50 PM

Sure 'nough. Called Discover today and they confirmed that Discover is NOT widely accepted in Mexico. NO wonder there is not a transaction fee!

Thanks for the heads up.

Jolie

x3 skier · November 8, 2007, 09:44 AM

One more vote for your Credit Union. Mine charges no fees for cash withdrawal anywhere. Used it in USA, Mexico, Caribbean and all over Europe for pocket cash.

barney44 · November 8, 2007, 12:38 PM

We use Charles Schwab Master card for international travel. As a courtesy to their customers they do not charge the 3%. We called all of our cc's & they were the only one with this policy.

Eric in McLean · November 9, 2007, 02:10 PM

Cap 1 No Hassle Miles Ultra - no foreign exchange fee and 2 miles for every dollar spent.

November 4, 2007, 04:51 PM	#1
travelplanner70 TUG Member BBS Reg. Date: Jun 14, 05 Posts: 576	Credit Cards that don't levy 3% charge My son is going to India. Which charge card will not levy the 3% conversion charge? I don't think Discover Card does, but it is not accepted everywhere. Any suggestions? Thanks.

November 4, 2007, 04:54 PM	#2
SciTchr TUG Member BBS Reg. Date: Jun 6, 05 Location: Denver, CO Posts: 300 Resorts: Dikhololo & Silver Sands III (South Africa); Club Trinidad (Palm Springs, CA)	American Express is 2% for Mexico conversion. Our other cards were all 3%. __________________ Ruth

November 5, 2007, 01:47 AM	#5
John Cummings TUG Lifetime Member BBS Reg. Date: Jun 6, 05 Location: Murrieta, California Posts: 2,284 Resorts: Gaslamp Plaza Suites	My American Express Blue charges 3%. My San Diego County Credit Union Visa charges 1%. __________________ John Tug Lifetime Member

November 5, 2007, 08:23 AM	#6
jolie TUG Member BBS Reg. Date: Nov 30, 06 Location: louisiana Posts: 60	0% currency fee My Discover card doesn't charge a fee either for Mexico, maybe give them a try. I also learned when I contacted Discover about the fee that when you go outside of the USA and plan on using your card you are to let them know or when they see out of country charges they will freeze your card until they get a hold of you to make sure it is not credit card fraud!!!!!!!!!!!!!!!!!! They also offer a type of insurance to help against fraud charges if they do occur while you are over seas and then when you come home you can discontinue it.

November 5, 2007, 05:50 PM	#9
jolie TUG Member BBS Reg. Date: Nov 30, 06 Location: louisiana Posts: 60	Discover Card Sure 'nough. Called Discover today and they confirmed that Discover is NOT widely accepted in Mexico. NO wonder there is not a transaction fee! Thanks for the heads up. Jolie

November 4, 2007, 05:44 PM	#3
Icarus TUG Member BBS Reg. Date: Jun 6, 05 Posts: 4,094	Capital One, no charge for forex transactions. They have many different cards, so make sure the one you pick has no forex fee. The other way to go is through your credit union. CUs vary in what they charge. Some charge nothing, some just charge the 1% fee that the associations charge them. -David

November 4, 2007, 05:50 PM	#4
falmouth3 TUG Member BBS Reg. Date: Jun 6, 05 Location: Burlington, MA Posts: 1,649	I was going to mention your credit union too. Mine charge a 1% fee for my trip to Scotland, which is what VISA charged them. There were no other hidden fees, and I used ATMs that had no additional fees, so each withdrawal cost me what I took out, plus 1%. sue

November 5, 2007, 09:53 AM	#7
falmouth3 TUG Member BBS Reg. Date: Jun 6, 05 Location: Burlington, MA Posts: 1,649	Before attempting to use Discover, call and see if the card is widely accepted in the country you are visiting. I found out years ago while on vacation that they didn't know what a Discover card was. Luckily I had another card in my wallet. Sue

November 8, 2007, 09:44 AM	#10
x3 skier TUG Member BBS Reg. Date: Apr 17, 06 Location: Ohio and Colorado Posts: 792 Resorts: Steamboat Grand, Rockies, The West, Club Regina and Allen House	One more vote for your Credit Union. Mine charges no fees for cash withdrawal anywhere. Used it in USA, Mexico, Caribbean and all over Europe for pocket cash.

November 8, 2007, 12:38 PM	#11
barney44 TUG Member BBS Reg. Date: Jun 7, 05 Location: Brigantine NJ Posts: 21	We use Charles Schwab Master card for international travel. As a courtesy to their customers they do not charge the 3%. We called all of our cc's & they were the only one with this policy.

November 9, 2007, 02:10 PM	#12
Eric in McLean Guest BBS Reg. Date: Jun 6, 05 Posts: 476	Cap 1 No Hassle Miles Ultra - no foreign exchange fee and 2 miles for every dollar spent.

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode