I was cruising my way to the Caribbean; I went to the bar and ordered a Macallan 18. Pulled out my Mastercard and noticed the tab- it was a lot more than the usual $240 for a drink! That was the moment I realized that a foreign transaction fee exists. A foreign transaction fee is.
The internet is awash with information about credit cards. There are several credit card companies and banks educating clients about their products. Other websites and blogs (like us) give you tips and nuggets that help you make decisions. One thing is for sure, you are bound to get confused by the amount of information on.