Consumer Payment Card News

Foreign Card Fees

Did you use your credit or debit card to travel abroad or buy stuff from merchants outside the USA in the last ten years? If so, then you may be entitled to a refund of the currency conversion fees charged for each transaction if you submit your claim by January 9th. While VISA, MasterCard, their member banks, and Diners Club deny they did anything wrong they have agreed to refund the 1% to 3% fees charged for foreign transactions via a $336 million settlement fund. If you want yours then go to the Web site listed below or call 1-800-945-9890 and file a claim. You can even estimate the fees charged since it tracks back to 1996. While you may get a few bucks back, the lawyers representing you are requesting $88 million and $5 million for expenses from the fund. For more information visit: “”:

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