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Tag Archives: foreign transaction fee

Is Your Credit Card Charging Improper Foreign Transaction Fees?

In the wake of the Credit Card Accountability Responsibility and Disclosure Act of 2009, banks are desperately searching for ways to replace the unfair and excessive fees they once imposed with near impunity. One such fee consumers should watch out for is the foreign transaction fee for domestic purchases. Historically, foreign transaction fees were charged on… Continue Reading

Credit Card Companies Charge Improper Foreign Transaction Fees On Domestic Purchases

Last month we reported on a number of questionable practices in which credit card companies were engaging to maintain their profits in the wake of the Credit Card Accountability Responsibility and Disclosure Act of 2009.  An additional improper charge that credit card companies are levying on consumers is the foreign transaction fee for domestic purchases…. Continue Reading