I'm trying to understand how much a 3% foreign transaction fee would amount to. I'd like to know the exact cost or a way to calculate it.
7 answers
MountFujiView
Thu Nov 28 2024
This percentage typically ranges from 1% to 3%, depending on the bank and the type of account.
Alessandra
Thu Nov 28 2024
For instance, if you make a purchase of $100 while traveling internationally.
Valentino
Thu Nov 28 2024
And your bank charges a foreign transaction fee of 3%.
DondaejiDelight
Thu Nov 28 2024
You will be required to pay an additional $3 as a fee.
Raffaele
Thu Nov 28 2024
The fee associated with foreign transactions is often calculated as a percentage of the purchase amount.