Those Irritating Currency Conversion Fees
David Lazarus writes a follow-up to an earlier column in the San Francisco Chronicle regarding the currency conversion fees charged by credit card issuers.
Nearly all readers shared my bewilderment with how the likes of Bank of America and Wells Fargo justify tacking an extra 2 percent fee onto credit card transactions, above and beyond the 1 percent foreign-currency conversion charge levied by Visa and MasterCard.
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