Credit Cards » Glossary

Glossary

Foreign Currency Surcharge

A foreign currency surcharge is a fee levied by a credit card company on some transactions that are made outside of the home country. For example, if you are traveling abroad and use the credit card to make purchases, the card issuer needs to convert the purchase amount from the foreign currency to the home country's currency. The foreign currency surcharge, which is often a percentage of the purchase price, is applied to this conversion. 

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