Can I use my credit card in the U.S. from Canada?
Can I use my credit card in the U.S. from Canada? Every time you use a Canadian credit card while in the U.S., you're charged a foreign transaction fee, which is typically 2.5% of your purchase. That's an additional $25 on every $1,000 you spend!
Do credit cards automatically convert currency?
Yes, credit card companies automatically convert foreign currencies to the domestic currency using their exchange rate.
Do I need to tell my bank when I travel?
What Should I Tell My Bank Before Traveling? Generally, you should tell your bank the locations you are traveling to and the dates/duration of your travels.