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Credit Cards What is Cross Border transaction fees ?, Charge by Visa / MasterCard

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dhartini
post Aug 22 2014, 10:32 AM

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I wonder if banks only charge 0.8% to selected website only? It shouldn't be that case right? But I'm been using HLB Wise to purchase from 2 Korean website, non of them charging extra than initial conversion amount. I can see the different (additional charges) when using CIMB card.
dhartini
post Sep 2 2014, 11:10 AM

Getting Started
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Junior Member
52 posts

Joined: Jan 2011
QUOTE(dhartini @ Aug 22 2014, 10:32 AM)
I wonder if banks only charge 0.8% to selected website only? It shouldn't be that case right? But I'm been using HLB Wise to purchase from 2 Korean website, non of them charging extra than initial conversion amount. I can see the different (additional charges) when using CIMB card.
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Reporting no cross border fee when purchase Xiaomi using HLB Wise...i can safely assume HLB Wise won't charge cross border fee. But I would prefer to find cards that give some reward like cashback or points yet not charging cross border fee, any idea?

 

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