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Credit card charges on foreign currency
When you’re paying for goods in another currency, whether you’re actually in another country or just paying in a different currency online, if you use your credit card then the credit card company and possibly your bank as well are going to charge you for exchanging the money over to your own currency.
The key here is understanding where each of the credit card charges on foreign currency transactions actually happen with the particular card and bank that you use.
In some cases the credit company will charge a percentage of the transaction for the change in currency and in others the bank itself will charge this percentage. In a few circumstances both the card company and the bank will charge you and it may not be immediately obvious where you have been charged, at what rate and what was actually just a fluctuation in the foreign currency exchange rate.
The best thing you can do…