Posted last week on CardRatings.com, here are some of my favorite tips for folks planning to travel outside the U.S. with a little cash and a lot of plastic:
With new credit card rules squeezing profit margins at major banks, foreign travelers have become an even easier target for special fees and surcharges. Credit card issuers have traditionally imposed foreign transaction fees to offset the cost of fraud prevention and currency exchange services. Many banks now generate profits from foreign transactions, forcing savvy visitors to hunt for the best deals among issuers.
About Joe Taylor Jr.
