Big 4 Banks + PayPal: International Fee Charges

Does the main banks charge any international fees when purchasing things online? I got hit a few times at random, not sure if it’s the quantity or what, would PayPal be a better option or huge purchases also effect PayPal? Just trying to avoid these hefty fees! Thanks in advance.

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Comments

  • +3

    Get a different credit card 💳 without international fees.
    28 Degrees for example.

    https://www.ozbargain.com.au/wiki/cards_with_no_overseas_tra…

  • -1

    i use my amex or instant bank transfer for my purchases, if i have paypal convert the amount i get no fee's

    • +5

      if i have paypal convert the amount i get no fees

      Depends on what you mean by fees - the sh*tty exchange rate you get from PayPal is the fee, it is just effectively hidden.

      • -5

        It is the same with cards with no fees, they just make the money back in the exchange rate they provide.

        • this is so not true. the rate is good with 28 degrees, Citibank and ING.
          Its not the bank's rate, rather Mastercard or Visa.

        • -2

          @PissLUR:

          Not true for citibank. No fees, but exchange rate was a rip off.
          (AU citibank card. Not Visa or Mastercard. - Getting money at Tokyo citibank ATM.)

          Tried another card afterwards at the same ATM, same day and it was cheaper.

        • +1

          @big: Think PissLUR is referring specifically to a Citibank Plus Transaction account (which should give the interbank exchange rate or thereabouts) - is that the account you used?

  • Any idea if u UBank had no fees?

    • +2

      ask them

    • Ubank does have fees. Check out the wiki for some cards without international fees

  • ING now has no international transaction fees, if you meet their monthly requirements

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