How can I avoid exchange rate fees?


How can I avoid exchange rate fees? The best way to avoid foreign transaction fees is to acquire a no-foreign-transaction-fees credit card, if you qualify for one. Next in line are checking accounts or debit cards with no foreign transaction fee. It is also possible to avoid the fee by paying in the local currency for purchases.


Can I use Visa debit card internationally?

Yes, anywhere Visa is accepted. Visa fees will apply, and it will show on your statement as an international 1% transaction service fee.


What is the cheapest way to get euros in Italy?

The easiest and cheapest way is to use an ATM at the airport in Rome to get some Euros, although there is usually no need to get Euros before you leave. You can buy Euros in the US but you will pay a premium.