Know Your Credit Card Foreign Transaction Fee BEFORE You Travel

Posted last week on, 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.

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Joe Taylor Jr. has produced stories about media, technology, entertainment, and personal finance for over 25 years. His work has been featured on NPR, CNBC, Financial Times Television, and ABC News. After launching one of public radio's first successful digital platforms, Joe helped dozens of client companies launch or migrate their online content libraries. Today, Joe serves as a user experience consultant for a variety of Fortune 500 and Inc. 5000 businesses. Twitter | Facebook | Instagram

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