![]() ![]() So, if you’re a frequent traveller, shop across the border often, or even just do online shopping on international retail sites, there’s a chance this small charge could wind up costing you big bucks-and easily compromise any cash back or rewards you’re earning too. This means that credit card providers charge about 2.5% for every transaction that’s not in Canadian dollars. Most credit cards charge a foreign exchange fee when you make a purchase in another country or a site based outside of Canada, also known as a FX fee. Best No Foreign Transaction Fee Credit Cards In Canada For August 2023 While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. ![]() These “affiliate links” may generate income for our site when you click on them. Second, we also include links to advertisers’ offers in some of our articles. This site does not include all companies or products available within the market. ![]() The payments we receive for those placements affects how and where advertisers’ offers appear on the site. This comes from two main sources.įirst, we provide paid placements to advertisers to present their offers. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive payment from the companies that advertise on the Forbes Advisor site. The Forbes Advisor editorial team is independent and objective. ![]()
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