Hi I have a PTSB Ice visa card, they have just started listing a currency conversion fee for non euro transactions.
I never saw it before so I rang and they said that previously the fee was just included in the conversion but now for transparency they are listing it separately. It is 1.75% of the euro converted amount.
Do all credit cards have this and is this rate high or low compared to others?
All credit cards have this fee, traditionally it was included as part of the conversion. Of late a number of issuers are displaying it seperately from a transperency perspective.
The fee usually ranges from 1.75% - 2.95% for Irish card issuers.