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Using Plastic Abroad Gets Pricier

Tags » Card Payments, Credit Cards, Currency Conversion

Jane Kim reports for the Wall St. Journal on the issue of currency conversion fees for credit card transactions overseas.

Although there are advantages to using plastic because of the favorable wholesale rate on currency exchanges, in some cases it may make sense to use an automated teller machine and pay cash instead, says Robert McKinley, chief executive of CardWeb.com, a payment-card industry Web site.

Date: July 26, 2005 at 10:07 PM Pacific   |      |     |  StumbleUpon Toolbar Stumble It!

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