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Using a credit card for foreign transactions? 5 key things to know about fees, exchange rates and charges | Full list | MintPhoto: LiveMint
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Using a credit card for foreign transactions? 5 key things to know about fees, exchange rates and charges | Full list | Mint

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WHAT HAPPENED

Using a credit card abroad can easily cost more than the foreign-currency price shown. Forex markup fees of 1% to 3.5%, GST on those fees, exchange rate changes and dynamic currency conversion all add to your bill. Here are 5 things to know about credit card charges on international transactions.

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