Credit Card Terms Glossary
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Glossary Of Credit Card Terms
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Our Glossary features an extensive collection of credit card related terms with their complete definitions. If you cannot find a term you're looking for, please contact us. We will respond to you with full explanation of the term. Upon further review, we'll consider adding it to our website. |
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Foreign Exchange Fee |
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A fee charged by a credit card company on purchases made in a foreign currency. Usually foreign exchange fee is 3% of the amount of each foreign currency purchase after its conversion into U.S. dollars with no minimum or maximum. There are no credit cards that do not charge a foreign exchange fee.
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