Many premium cards offer no foreign exchange fees, but I have noticed in the past that those cards seem to exchange into dollars at 1.5-3% higher than my HHonors Amex before I get hit with its exchange fee.
So are all cards really exchanging at the same rate in the end? Is there a low/no annual fee card that doesn't charge forex fees AND exchanges at the lowest rate?
So are all cards really exchanging at the same rate in the end? Is there a low/no annual fee card that doesn't charge forex fees AND exchanges at the lowest rate?