[NTLK] Hidden credit card costs (was: GEM Europe)

From: Michael 'Mickey' Sattler (michael_at_GeekTimes.com)
Date: Sat May 04 2002 - 11:05:31 EDT


At 10:48 -0400 5/4/02, Mark Ross wrote:

>That's amazing! I never pay additional fees for purchasing overseas
>items except for when I'm traveling and I pay the merchant in one
>currency and pay my account in another.

That's not true, you just never noticed it before. CAREFULLY check
your credit card rules. AFAIK both VISA and Mastercard now tack on a
1-1.5 per cent charge for overseas transactions.

I only noticed it when I was reconciling my account - via Quicken -
and noticed a small amount of difference. It was a line item I'd
never seen before. Called my CC company, and they let the surprise
out of the bag. Grrr.

-- 
Michael "Mickey" Sattler, Geek Times   <mailto:michael_at_GeekTimes.com>
San Francisco, California, USA    <http://www.GeekTimes.com/michael/>

I was born not knowing and have had only a little time to change that here and there. -- Richard Feynman (1918 - 1988)

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