Which Credit Card Company does not charge several percent for using their card to make purchases in Europe?

Question

Which Credit Card Company does not charge several percent for using their card to make purchases in Europe?

Answer 1

I used both MBNA and Chase, and was never charged more than 1% fee for use in another country. What is really nice is that when you use a debit card in an ATM to take out cash, if you find out which German affiliate your bank has, there are no fees whatsoever, not even an ATM fee. For example, Bank of America has Deutsche Bank as a partner.

Answer 2

check nationwide building society in uk

no fees overseas whatsoever i hear

Answer 3

I used a visa in Europe when I went there and was charged almost nothing more than what I payed for.  Maybe that's cuz I used a debit card though.  hope this helps.

Answer 4

captiolone

Answer 5

Most cc companies charge a 3% money conversion fee.  It's generally a 1% fee from the CC company (Am Ex, MC, Visa) and then another 2% from the 'brand' (World Points, Citibank, Bank of America, Universal, etc.) Capital One absorbs the all the fees, but I've heard horror stories about their customer service.  I have a USAA MC that only charges the 1% fee mandated by MC - they charge no additonal fee.  With the cash back they offer (2%, i think), it all works out.  

Traditionally the CC companies can get a better exchange rate than banks, exchange companies (like travelex), or your hotel, so we always try to use them rather than cash.  It also keeps us from having to carry around large amounts of cash and possibly losing it.  

The link below lists Capital One as having a 1% fee, so it would be best to call them to find out if you were looking into them.  But as I mentioned, I have heard major issues about their fraud protection, so I would personally never hold one of their cards.  JMHO.

Answer 6

I would say any credit card gives you "cheap" money. The big companies such as Visa or MasterCard have special offers that give you great deals with low percentages, and the small companies are cheap in order to compete with the big ones.