Ponderous Flow

Understanding Foreign Transaction Fees Foreign transaction fees (FTFs) are charges imposed by credit card issuers—typically 1% to 3% of the purchase amount—when you use your card for international transactions. These fees apply to purchases made in foreign currencies, online purchases from overseas retailers, or [...] Read more

Understanding Foreign ATM Fees When using ATMs abroad, travelers often face three types of fees: 1. Foreign transaction fee (1-3% of withdrawal amount) 2. Currency conversion fee (1-5% for dynamic currency conversion) 3. Third-party ATM operator fee ($2-$7 per transaction) According to a 2023 Pew Research study, 68% [...] Read more