One of the huge advantages of credit cards, and one of the many reasons they continue to grow in popularity, is the easy access they offer when travelling abroad. Not only can they be used with ease to book hotels or pay for car rentals, but they can also be used at cash machines around the world for instant and safe access to local currencies.
Credit Card Foreign Transaction Fees
In the last few years, many credit card companies have begun charging foreign fees for purchases made with credit cards outside of the United States. Many customers have become frustrated, wondering why the banks and credit card companies would charge such fees.