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    did this happen? The answer is that you were charge 1% foreign currency-conversion fee by Visa or Master to convert your foreign-currency purchase into American dollars and were also charged an addition 2% fore
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    It’s summer. And for some lucky Americans, this means going vacation to a far off land in hopes of relieving the stress of everyday life. In general, it is a very happy couple of months for the regular American family but it can also be an even happier time for credit card companies. This is because of the fact that credit card companies are making a killing off the money Americans spend on their foreign vacations through questionable fees.

    Imagine this situation. You and your family are in Paris, France on vacation. Your wife sees a lovely pair of shoes that she “must have” and so being the good husband that you are, you purchase the $300 pair of shoes using your credit card. Two weeks or so later, your credit card statement shows up and instead of you seeing a charge for $300 dollars, you statement shows a charge for $309. How did this happen? The answer is that you were charge 1% foreign currency-conversion fee by Visa or Master to convert your foreign-currency purchase into American dollars and were also charged an addition 2% forei

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    family but it can also be an even happier time for credit card companies. This is because of the fact that credit card companies are making a killing off the money Americans spend on their foreign vacations through questionable fees.

    Imagine this situation. You and your family are in Paris, France on vacation. Your wife sees a lovely pair of shoes that she “must have” and so being the good husband that you are, you purchase the $300 pair of shoes using your credit card. Two weeks or so later, your credit card statement shows up and instead of you seeing a charge for $300 dollars, you statement shows a charge for $309. How did this happen? The answer is that you were charge 1% foreign currency-conversion fee by Visa or Master to convert your foreign-currency purchase into American dollars and were also charged an addition 2% fore

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    gh questionable fees.

    Imagine this situation. You and your family are in Paris, France on vacation. Your wife sees a lovely pair of shoes that she “must have” and so being the good husband that you are, you purchase the $300 pair of shoes using your credit card. Two weeks or so later, your credit card statement shows up and instead of you seeing a charge for $300 dollars, you statement shows a charge for $309. How did this happen? The answer is that you were charge 1% foreign currency-conversion fee by Visa or Master to convert your foreign-currency purchase into American dollars and were also charged an addition 2% fore

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    u purchase the $300 pair of shoes using your credit card. Two weeks or so later, your credit card statement shows up and instead of you seeing a charge for $300 dollars, you statement shows a charge for $309. How did this happen? The answer is that you were charge 1% foreign currency-conversion fee by Visa or Master to convert your foreign-currency purchase into American dollars and were also charged an addition 2% fore
    Why Online Dating Can Save You Money
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    did this happen? The answer is that you were charge 1% foreign currency-conversion fee by Visa or Master to convert your foreign-currency purchase into American dollars and were also charged an addition 2% foreign transaction fee by your credit card issuer.

    If you are form the U.S., when you make a purchase abroad with your credit card, your credit card issuer will convert the charge to U.S. dollars before it appears on your statement. Usually, this is done through the Visa or MasterCard networks, which charge a 1-percent foreign currency-conversion fee for converting your foreign-currency purchase into American dollars. According to Kristin Arnold, a writer for Bankrate.com, this is a good deal since changing your money in almost any other manner will probably cost you a lot more.

    What is unsettling, however, is the additional foreign transaction fee which your credit card issuer charges. This fee can range from 2-3%. According to Linda Sherry, the editorial director for Consumer Action in Washington, "Banks have been making a p

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