Credit Card with Best / Worst Exchange Rate?
I've read suggestions that one of the best ways to get a good exchange
rate (EUR to USD) is to use your credit card to pay for goods while in
Europe and let the credit card company handle the conversion.
Is there one particular credit card company that gives a good rate? a
bad rate?
Has anyone had experience with American Express' cc's? How do they
rate?
- It's not the credit card company; Visa and Mastercard charge
about 1% on conversions. But the issuing bank may tack on a
couple of extra percent, thereby making some money they really
don't deserve since Visa and Mastercard do all the work. The