Credit Card Terms Glossary

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Glossary Of Terms

Our Glossary features an extensive collection of credit card related terms. If you cannot find a term you're looking for, please e-mail us at glossary@credit-land.com. We will respond to you with full explanation of the term. Upon further review, we'll consider adding it to our website.

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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