What is a credit card foreign transaction fee?

Understanding Credit Card Foreign Transaction Fees: What You Need to Know

Introduction:

In today's interconnected world, international travel and online shopping have become an integral part of our lives. While credit cards offer convenience and security, many cardholders may not be aware of the often-overlooked aspect of credit card foreign transaction fees. In this article, we'll delve into the world of foreign transaction fees, explain what they are, how they work, and provide tips on how to minimize them. Whether you're a seasoned traveller or an online shopper, understanding these fees is crucial for managing your finances effectively.