Most credit cards charge 2-3% foreign exchange fees on overseas transactions. Does anyone know of a card that does not charge this fee?

Hi ghypse, contact USAA Savings Bank. Although you have to be military or retired military to purchase their insurance coverages you do not have to be for services through USAA Savings Bank.

Try a local or national credit union. Some only charge a 1% pass thru fee. I am a member of PFCU https://www.penfed.org/index.asp ... the last time I used their Visa Card out of the US there was no o/s transaction fees. That was a year or so ago. Don't know off hand if this is still the norm or not? Anyone can join. If you would like to join click on "Am I elgible to join", just keep clicking and they will tell you how.

This topic has been beaten to death on both the US and Europe boards. Do a search.

It boils down to Capitol One and the AAA MBNA (only AAA by contract). All credit cards pass the 1% conversion fee from Visa or Master Card. It is then up to the indivdual banks to add on or not. For example, Citbank adds another 2% for doing absolutely nothing. Most MBNA cards do the same since B of A bought them. As I said, the AAA MBNA does not. I just talked to them and they have a contract that stipulates no additional add-on fee.

Curious

LoveItaly and redrock are correct.
Curious is not using all the fee free advantanges, but isolated CCs may be OK for some.
M