When purchasing goods or services in a non-australian currency (e.g. over the internet), the credit card companies charge a currency conversion fee.
I was wondering if those of us here who buy goods overseas using their credit cards could compare our bank statements to find which company charges the least % rate as a conversion fee.
Here are two to start the ball rolling:
- Virgin/Westpac Mastercard: 1.0%
- National Australia Bank Visa (Classic): 1.5%
I would be especially interested if anyone knows of a credit card that charges less than a 1% currency conversion fee.
I was wondering if those of us here who buy goods overseas using their credit cards could compare our bank statements to find which company charges the least % rate as a conversion fee.
Here are two to start the ball rolling:
- Virgin/Westpac Mastercard: 1.0%
- National Australia Bank Visa (Classic): 1.5%
I would be especially interested if anyone knows of a credit card that charges less than a 1% currency conversion fee.