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Foreign transaction fees

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unsungivy
Established Contributor

Re: Foreign transaction fees

Yeah, this is why a flat-rate card with a FTF is a no-go for me.

 

As an aside, I'm upgrading to the 5.25% for online shopping with the BofA CCR next month. Which has a FTF. Fortunately, it's down to only 1% with the same rank of status, so 4.25% still beats most everything else unless you have a store-specific card. 

SD - Biz -
Message 11 of 15
longtimelurker
Epic Contributor

Re: Foreign transaction fees

So I mentioned the problem to the vendor who asked for details (they think their site is US!) and I showed them the 40c charge and the MCC for "Computer Services".   They are now sending me another $40 product for the inconvenience.

 

Which now changes my whole message.   With some vendors, use cards with (small) FTF, might be worth it!  

Message 12 of 15
NRB525
Super Contributor

Re: Foreign transaction fees

What is the levered return on your $0.40 FTF Smiley Happy

 

eta: Do I sense a new "Flavor Of The Month?"

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
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April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 13 of 15
Credit12Fico
Established Contributor

Re: Foreign transaction fees

 


@NRB525 wrote:

What is the levered return on your $0.40 FTF Smiley Happy

 

eta: Do I sense a new "Flavor Of The Month?"


This works out to~1000% cashback on foreign transaction fees . What a card Smiley LOL

Message 14 of 15
Curious_George2
Valued Contributor

Re: Foreign transaction fees


@Credit12Fico wrote:

 


@NRB525 wrote:

What is the levered return on your $0.40 FTF Smiley Happy

 

eta: Do I sense a new "Flavor Of The Month?"


This works out to~1000% cashback on foreign transaction fees . What a card Smiley LOL


I think it's 10,000%.
 @longtimelurker doesn't waste time with anything under 5,000%. 

Message 15 of 15
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