"The stuff comes and goes. Just buy it cheap and stack it deep." - CGN member gushulak on ammo
"If you're limp wristing you aren't hitting anything anyway so it makes no difference if the gun fails." - CGN member Kidd X on Glocks
I just found out that CIBC has a USD Aventura Gold Visa Card.
There is a $35 USD annual fee, but it would probably save me much more.
I also have a staff account there through my mother.
It's a toss up between it and the Home Trust Visa now.
Last edited by MapleSugar; 01-19-2020 at 02:27 PM.
The Plague Rats go marching one by one! Hurrah! Hurrah!...
CIBC also has a "Smart Pre-paid Travel Visa" available in USD, Euros, UK Pounds, and Pesos. The card is linked to your bank account and you transfer money on it whenever you want to make a purchase in the foreign currency.
If I recall, there is a nominal one time setup fee ($10) but no annual fee.
Since it's a prepaid card, it's issued on the spot at the branch.
I find this whole thread hilarious. I’ve travelled extensively in the US and Europe. Never have I been surcharged for transactions. I use my BMO M/C like it’s a debit card. Anywhere that accepts domestic/local debit will accept my Canadian BMO M/C without further fees.
Matter of fact, I didn’t know that other banks charged as you are all describing that they do.
I feel pretty lucky.
Thank you
Last edited by jeepguy1; 01-19-2020 at 12:06 AM. Reason: Spelling
Check out the Scotiabank Passport Visa Infinite Card. NoFX fees, 6 Lounge passes plus all the usual insurance. Only no FX fee card issued by a Major Canadian Bank. All I use now. As we do a lot of travelling
ht tps://www.scotiabank.com/ca/en/personal/credit-cards/visa/passport-infinite-card.html
Includes travel insurance for 10 days for those over 65 too.
I gave up on the Home Trust Card. Difficult company to deal with. Crappy website, No tap. But is free.
Last edited by Ruger007; 01-19-2020 at 01:00 AM.
You meet the nicest people on a Honda!
That's because the exchange rate fees they charge are worked into the exchange rate at the time of conversion. For example, if market rate for trading USD to CAD is 1 USD = 1.3 CAD. Banks then charge you a conversion of 1 USD = 1.22 CAD earning them 8 cents on the dollar for this example, or whatever they deem they want to charge for the service depending on the institution. In addition to that, they may also charge you a 1-3% foreign transaction fee for accommodating the exchange. This separate fee is worked into the total charge on your statement and in my experience, is not always disclosed to the customers as a separate charge. Again, it depends on the institution. I don't know what Mastercard you hold with BMO, but during my time with HSBC which was a little over a year ago, BMO did not offer a credit card at any level without foreign transaction fees but perhaps they brought to market something like that during my absence. You should review your terms and conditions for your specific card as I suspect you have been paying for the surcharge this entire time without your knowledge. But yeah, it's pretty hilarious.
*Please do not PM me unless you are going to follow through with your purchase. I ship via Canada Post, any additional coverage will be at your expense.*
Thanks!
It doesn't look like there's purchase protection on it though.
I've never used it, but it's a real nice feature to have.
It looks like CIBC also has a Air Canada Conversion Visa Prepaid Card.
You can load up to 10 currencies on it and there are no fees.
Click on picture to go to the site.
Last edited by MapleSugar; 01-19-2020 at 09:39 AM.
The Plague Rats go marching one by one! Hurrah! Hurrah!...
Last edited by MapleSugar; 01-19-2020 at 01:43 AM.
The Plague Rats go marching one by one! Hurrah! Hurrah!...