The Ford Barn

johnmi · 06-07-2015, 02:44 PM

If I pay my bills in Canada with credit card will my exchange rate be good. John

C26Pinelake · 06-07-2015, 03:39 PM

By credit card it will likely be about 4 to 5 % less than the official rate! Wayne

Brian SATX · 06-07-2015, 09:43 PM

Check with your Credit Card company. Some also charge a foreign currency exchanage fee.

Mike V. Florida · 06-07-2015, 11:08 PM

Some use the rate at billing not time of sale.

H. L. Chauvin · 06-07-2015, 11:33 PM

In a foreign country, if one has different Debit Cards and different Credit Cards with all different Banks and Companies such as Visa, MasterCard, ATM charges for obtaining cash may be best with one card .......... whereas purchases in restaurants may be better with a different card.

Lately, with far more card abuse, it is always best to let your Credit Card Company(s) know the dates that you will be traveling to a foreign country so the card is "immediately" accepted in a particular foreign credit card machine.

Mike V. Florida · 06-08-2015, 01:27 AM

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Quote:

Originally Posted by H. L. Chauvin

Lately, with far more card abuse, it is always best to let your Credit Card Company(s) know the dates that you will be traveling to a foreign country so the card is "immediately" accepted in a particular foreign credit card machine.

Great advice!

5window · 06-08-2015, 09:58 PM

Capital One has a debit card without international fees or ATM fees.

06-07-2015, 02:44 PM	#1
johnmi Member Join Date: May 2010 Posts: 94	exchange rate in Canada If I pay my bills in Canada with credit card will my exchange rate be good. John

06-07-2015, 03:39 PM	#2
C26Pinelake BANNED Join Date: May 2010 Location: Michigan / Ontario border, Sarnia, Ontario. 50 miles from Detroit and 150 from Toronto. Posts: 5,800	Re: exchange rate in Canada By credit card it will likely be about 4 to 5 % less than the official rate! Wayne

06-07-2015, 09:43 PM	#3
Brian SATX Senior Member Join Date: May 2010 Location: San Antonio, TX Posts: 822	Re: exchange rate in Canada Check with your Credit Card company. Some also charge a foreign currency exchanage fee. __________________ Brian SATX

06-07-2015, 11:08 PM	#4
Mike V. Florida Senior Member Join Date: May 2010 Location: South Florida Posts: 14,054	Re: exchange rate in Canada Some use the rate at billing not time of sale. __________________ What's right about America is that although we have a mess of problems, we have great capacity - intellect and resources - to do some thing about them. - Henry Ford II

06-07-2015, 11:33 PM	#5
H. L. Chauvin Senior Member Join Date: May 2010 Posts: 4,179	Re: exchange rate in Canada In a foreign country, if one has different Debit Cards and different Credit Cards with all different Banks and Companies such as Visa, MasterCard, ATM charges for obtaining cash may be best with one card .......... whereas purchases in restaurants may be better with a different card. Lately, with far more card abuse, it is always best to let your Credit Card Company(s) know the dates that you will be traveling to a foreign country so the card is "immediately" accepted in a particular foreign credit card machine.

06-08-2015, 09:58 PM	#7
5window Senior Member Join Date: May 2010 Location: Lewisburg,PA Posts: 938	Re: exchange rate in Canada Capital One has a debit card without international fees or ATM fees.