Apr
11
Credit Card Money Conversion?
Posted In: Credit by admin
I’m from Canada, and I’ll be traveling in the states for half a year. I have a Visa credit card from CIBC, and is it true that if I use it in the states, the bank will charge me crazy conversion rates from CDN to USD? I would like to avoid the high conversion rates, and was wondering what would be the best way to use my credit card. Is there something like a USD account I can setup on my Visa card where I can put USD money in, and my Visa charges will take it from there? What is the best way for a Canadian to travel in USD in terms of money.