Credit Card Charges

Dazzer72

Im after a bit of advice, im looking to purchase something on my card from the USA, my limited understanding is that the card company will swap the cost from dollars to pounds, do they add a charge for this?

I could pay outright with my debit card, but figured the credit card may just add a bit more protection if there was an issue.

cheers

boo_star

Depends on the card, some do, some don't.

https://www.moneysavingexpert.com/credit-cards/travel-credit-cards/ should help.

eDicky

You don't mention which credit card you want to use, but you can check its fees yourself here:

https://www.moneysavingexpert.com/credit-cards/travel-credit-cards/#what

If you pay in dollars your card company will make the conversion, but if you let the retailer bill you in pounds they will use their own usually adverse exchange rate.

onlyfoolsandparking

I cant see it being a problem, I have just purchased a special book from USA at a cost of $105 all in. I used my Halifax credit card and after checking my account it shows up as £81 approx. (I cant remember exact amount) so doesn't seem too bad an exchange rate, hope this helps.

eskbanker

Dazzer72 wrote: »

Im after a bit of advice, im looking to purchase something on my card from the USA, my limited understanding is that the card company will swap the cost from dollars to pounds, do they add a charge for this?

I could pay outright with my debit card, but figured the credit card may just add a bit more protection if there was an issue.

cheers

Just to add, chances are that your debit card would apply a non-sterling transaction fee in exactly the same way as your credit card would! You can find out the charges via the above link, or the card's published Ts & Cs of course....