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Does Discover charge Foreign Transaction fees ?
My understanding is there aren't any, unless that's changed recently. Of course, Discover acceptance outside the US might be questionable.
Thanks. I am planning on using Amex PRG, CapOne and Discover during my trip to Asia. I am going to sock drawer rest of the cards.
@Anonymous wrote:
I don't think American Express is accepted in many places in Asia, you may find a couple places randomly that accept it but 99% don't. I have friends in China and South Korea who have informed me of this when a friend asked about 3 weeks ago.
CapOne is MasterCard so should be okay.
Also Discover probably isn't accepted in many places there.
I'll let you know next week once I am there in Hongkong.
What about the True Value Discover, or any other cobrands?
I checked the website, but to see the Schumer Box you need a customer ID.
Based on what I've heard in reference to UNFCU cards, my impression is that a card network can charge one FTF (like 1% for Visa, which the issuer may pay for the customer, either in full or possibly at a lower negotiated rate, to be able to say a card has no FTFs) while the issuer can charge an additional FTF (around 2%) or none at all.
Not sure how accurate that is.
@wasCB14 wrote:What about the True Value Discover, or any other cobrands?
That's the last cobrand Discover you can app for. It's 3% fees. (https://d.comenity.net/truevaluediscover/common/help/ForeignTransactionsHelp.xhtml)
@Anonymous wrote:
However, it's going to be exceedingly difficult to find businesses abroad that will accept Discover.
You'll have better luck with Diners Club though... which is printed on the back of the Disco.