How can I avoid foreign currency conversion fees?


How can I avoid foreign currency conversion fees? Pay in the local currency You can avoid your credit card's foreign transaction fee entirely by paying for purchases in foreign countries using the local currency instead of your U.S. credit card (or American dollars, if the vendor accepts them.)


Do French banks charge ATM fees?

Most French ATM machines offer instructions in multiple languages including English, and they're easy to use. There's no need to worry about which bank gives the best conversion rate. French banks, by agreement, do not add any withdrawal fees or charges on ATM withdrawals, regardless of the ATM card you use.


Which ATMs to avoid in Europe?

Avoid independent ATMs, such as Travelex, Euronet, Moneybox, Your Cash, Cardpoint, and Cashzone. These have high fees. Note that these independent ATMs are often found next to bank ATMs in the hope that travelers will be too confused to notice the difference.


Is it better to bring euros or use ATM?

European travelers should always have some cash on hand; getting it from an ATM abroad is usually the easiest, most advantageous way. If you need cash from an ATM, it's usually better to use a debit card, because credit cards often charge a high interest rate for a cash advance.