What is Costco credit card exchange rate?

The Costco Credit Card exchange rate is Visa’s exchange rate on the date you make an international purchase. Visa exchange rates change on a daily basis, and they update these rates each day on their website. While credit card exchange rates normally also include foreign transaction fees, the Costco Credit Card does not charge foreign fees.

Does Costco use foreign currency?

If you hold a Costco Visa card for either yourself or your business, the exchange rate used for foreign currency purchases will usually be set by the network — in this case, Visa. Exchange rates move up and down all the time, depending on the global currency market — so the Visa exchange rate will be adjusted regularly.

Does Costco charge a foreign transaction fee?

The good news is that there is no upfront foreign transaction fee charged for either the Costco personal or business Visa card. However, you do need to watch out for other costs, such as cash advance fees for foreign ATM withdrawals, and any foreign exchange spread which may be added to the exchange rate used.

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