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Article #32Re: Warning about American Express
From: Craig Macbride
Date: Fri, 26 Jan 2001 05:31
Date: Fri, 26 Jan 2001 05:31
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2804 bytes
Jim Davidson <jdavidson@nospam.com> writes: >Other *cards* may not charge an extra fee, but many of the *banks* that issue >those cards do. Cards are pieces of plastic. Clearly they do not themselves charge fees. If you're too dense to make the quantum leap, I'll rephrase for you: Most of the banks in Australia charge a fee of between 0.5% and 1.0% on foreign currency transactions charged to their Visa and Mastercard credit cards. Amex, on the most recent information I've seen, charges 1.5%. >For example, Citibank slaps an extra fee (I think it's 2%) on >foreign transactions for most of its credit cards. This doesn't surprise me. Citibank is just as greedy and unscrupulous as Amex, from what I hear. -- Craig Macbride <craigm@earthling.net> -----------------------http://www.nyx.net/~cmacbrid------------------------ "It's a sense of humour like mine, Carla, that makes me proud to be ashamed of myself." - Captain Kremmen
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