View Single Post
Old 08-04-2012, 07:56 AM   #10
Cdesja5
Wizard
Cdesja5 ought to be getting tired of karma fortunes by now.Cdesja5 ought to be getting tired of karma fortunes by now.Cdesja5 ought to be getting tired of karma fortunes by now.Cdesja5 ought to be getting tired of karma fortunes by now.Cdesja5 ought to be getting tired of karma fortunes by now.Cdesja5 ought to be getting tired of karma fortunes by now.Cdesja5 ought to be getting tired of karma fortunes by now.Cdesja5 ought to be getting tired of karma fortunes by now.Cdesja5 ought to be getting tired of karma fortunes by now.Cdesja5 ought to be getting tired of karma fortunes by now.Cdesja5 ought to be getting tired of karma fortunes by now.
 
Cdesja5's Avatar
 
Posts: 1,117
Karma: 2094306
Join Date: Oct 2011
Location: Montreal, Canada
Device: Lots and lots of electronic gadgets...
Quote:
Originally Posted by speakingtohe View Post
Wow you are getting quite a deal.

AFAIK Visa itself (and Mastercard) sets the fee (sometimes called premium)at 2.5% and it is lumped in with exchange rate on the statement and not on a seperate line by itself, making the exchange on a $10 item 35 cents instead of under 10 cents typically if the exchange rate is 1%.

So lucky you if your card issuers have managed to get around this. Mine, TD MC, CIBC Visa, Capital One Platinum MC, Presidents Choice MC, etc. haven't as yet, according to my statements when I check on the exchange rate on the day of a USD purchase. Oh well.

Helen
I guess the $120/yr fee for the Infinite card should have some perks to lessen the pain... Capitol One doesn't charge either for their US or their Canadian customers, it's one of their "selling points". My TD does charge a fee for purchases physically made in the US however (just not the online ones).
Cdesja5 is offline   Reply With Quote