I'm planning to use my credit card for an international transaction, and I want to know how much the fee will be. Can someone tell me the typical charge for using a credit card internationally?
5 answers
Chiara
Sun Oct 27 2024
This percentage is a standard charge for processing international payments.
Claudio
Sun Oct 27 2024
But credit card companies often tack on an additional percentage to increase their profits.
Raffaele
Sun Oct 27 2024
Consequently, the overall transaction fee can surpass the initial 1% charge.
AndrewMiller
Sun Oct 27 2024
When making transactions in foreign currencies, MasterCard and Visa typically impose a fee of 1%.
Lucia
Sun Oct 27 2024
In many cases, the combined fee can range anywhere from 1.5% to 3%, and sometimes even exceed this amount.