facebookAny way to avoid overseas transaction fees if I frequently pay for things overseas using my credit card? - Seedly

Jasmine Tay

05 Dec 2019

SeedlyAMA

Any way to avoid overseas transaction fees if I frequently pay for things overseas using my credit card?

How can i cut costs further by using credit cards to buy things from overseas?

Discussion (14)

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  1. Always pay in their local currency. Aka not Singapore dollar.
  2. Use youtrip/revolut. They are essentially prepaid debit cards and they do not charge the 3-3.5% foreign transaction fee that banks typically uses.

If it's a big amount though, sometimes its worth it to spend a little more to get the miles.

YouTrip is good, Transferwise not too bad as well.

If you want to avoid overseas transaction fees while using Grab overseas, can consider using Transfe...

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