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Answers (3)

U.S. Credit Card Use when Living Overseas

U.S. Credit Card Use when Living Overseas

  1. Anonymous Guest

    I live and work in Dubai. While most of the best cards have no foreign transaction fees, is there a downside to using a US issued credit card (such as Chase Sapphire) considering exchange rates?

  2. Anonymous Guest

    Not really, the improved rewards schemes on the U.S. credit cards generally offset the exchange rates.

  3. Gaurav Community Ambassador

    There were a few tests recently that showed Mastercards as having slightly better exchange rates than Visa. It might not matter for a few purchases but might be something to consider if you are going to be using the card year round.

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