A credit card may be used anywhere that type of card is accepted. However, the issuer of the card may charge fees for using the card outside of the cardholders home country or the issuing place, which is known as a foreign transaction fee. The foreign transaction fee is used to cover currency conversion charges as well as any costs associated with doing business abroad for the card issuer. The foreign transaction fee may be charged as a flat rate per transaction or it may be a percentage of the transaction amount. Users may alter how they use their cards abroad based on how they are charged by the card issuer.
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