GL: Credit card fees for charges in Canada

[Scott Coles]

Hello all,

Strangely enough, I just received a notice of a class action suit in this 
months Visa bill.  It seems that the plaintiffs claims that "Visa, 
MasterCard, Diners Club conspired to set and conceal fees, typically 1-3%, 
on foreign transactions" and plenty of other legal stuff.  Also, last fall 
after a trip to Canada, I noticed extra fees broken out on my bill.  When I 
called, they said that these weren't new fees but in the past were lumped 
into the 'rate' of exchange that was used to calc the charges in USD.  I 
guess they were trying to be preemptive.

Scott Coles
MASCOT   Mainship 390
Looping in June.....(Hope we're ready!)

----- Original Message ----- 
From: "Gregory Han" <hangreg@gmail.com>


> Last year we spent 4 months in Canada and charged on our American
> Express and Citicard Visa.  We did not notice initially but we were
> charged a 3% fee on every canadian $ charge when billed in $US.
>
> This year we signed up for a MC from Capital One which does not charge a 
> fee.
> Since we tend to charge everything both for convenience and record
> keeping this fee added up.
>
> Take a look at http://www.epinions.com/content_1371775108 for more info.
>
> Just thought it might be of interest
>
> Of course YMMV
>
> -- 
> Greg and Susan Han
> Allegria Krogen Whaleback #16