Rideshare FTFs?

[wasCB14]

I live in the USA, and my rideshare accounts are linked to a USA (123) 456-7890 type phone number.

If I use a rideshare app (namely Uber and Lyft*) during travel outside the USA, do I need to worry about a FTF?

*That is, a US-based ride app...obviously a foreign-based app popular in a particular country would likely be treated as a foreign transaction.

[Red1Blue]

Yes. I would think there might be FTF on your card if you are using it overseas. Unless the card does not have FTF fees. Some cards does not have FTF associated with them.

[pizzadude]

Affirmative, you will likely be charged in the local currency for your ride, i.e € in Spain, £ in the UK, so I'd expect a FTF unless your card doesn't have one. 

[K-in-Boston]

Yes, rides are definitely charged in local currency.  Interestingly, customer service credits are also issued in local currency and can't be redeemed on transactions in other currencies.  I still have a credit in € sitting in my Uber account from a few years ago.

[wasCB14]

Good to know. I'll keep that in mind before using my BCP or a potential future Altitude Reserve internationally on those apps ( @Trikoret says AR is getting a 3% FTF soon).

[K-in-Boston]

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@wasCB14 wrote:

Good to know. I'll keep that in mind before using my BCP or a potential future Altitude Reserve internationally on those apps ( @Trikoret says AR is getting a 3% FTF soon).

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That doesn't sound like it would make any sense whatsoever for a travel card with a $400 annual fee, but I'll pose that question where it was mentioned.

[Trikoret]

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@wasCB14 wrote:

Good to know. I'll keep that in mind before using my BCP or a potential future Altitude Reserve internationally on those apps ( @Trikoret says AR is getting a 3% FTF soon).

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I remember seeing DOC tweet. Someone confirmed it when they got their statement

[K-in-Boston]

Since you replied here, I'll keep it here.  LOL

https://twitter.com/Chucksth/status/1493430560815034370

Chuck states "A report that the US Bank Altitude Reserve will be getting a 3% foreign transaction fee beginning May 1st. Seems hard to believe on a premium card."

Very hard to believe.  It's a single datapoint on another travel blog where someone supposedly sent in a February statement showing it, but of course we don't see the statement or have any way of verifying that it's even the Altitude Reserve.  (Edit: actually, taking a glance, neither Go nor Connect have FTFs either.)  FWIW neither my February statement nor any previous ones state this.  For changes in terms, US Bank actually issues separate documents in your online account.  Nothing mentioned there.

(Edit 2: There is an "Important Changes to Your Account Terms PDF that "as of 4/22/2022" a 2nd late fee or returned payment fee within 6 months will be $41 while the first one is only $30.  If there were a major change like a 3% FTF being added a week or so later, it would make sense that it was in the same notice.  As Go and Connect are fairly new cards with no FTFs, it seems absurd that one would be added to Reserve.)

[Trikoret]

Ya doesn't make sense to charge foreign fees on a premium card. 

[notmyrealname23]

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@Trikoret wrote:

Ya doesn't make sense to charge foreign fees on a premium card. 

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And it is often something that gets snuck in on no AF cards...