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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: RealMuLan who wrote (57766)12/29/2004 3:45:30 PM
From: Elroy Jetson  Read Replies (1) of 74559
 
No. The Visa system imposes the 1% fee on foreign currency transactions. Any additional fee is imposed by the issuing bank.

I thought of turning to an Australian or European bank but they are over-all more expensive. To begin with they all charge annual fees. Unlike my US issuers, none pay a rebate of 1% or more for all purchases, only Qantas miles etc.

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