Foreign exchange

Most people don’t realize it, but just about every credit card out there charges foreign transaction fees. Whenever you buy something in a non-Canadian currency, you end up paying an additional 2.5% on top of the…

In a move that comes as no surprise, Chase is pulling out of Canada. As of March 15, 2018, Chase will be closing all Amazon.ca Rewards Visa Card and Marriott Rewards Premier Visa Card accounts. The … Read More

Did you know most credit cards charge a foreign transaction fee? You may have not noticed it since your statement automatically factors in that fee when posting charges to your account, but trust us, you’re getting … Read More

With the holiday season upon us, many Canadians plan on vacationing outside of the country and they’ll likely be using their credit cards.

Those Black Friday bargains south of the border may cost a lot more than you expected if you don’t take into account the exchange rate, duties and taxes, and credit card currency transaction fees.