Credit & Debit cards fees when travelling abroad

We’ve been getting the word out to Canadians across the country for years that converting money using your debit or credit card when travelling abroad can be a very expensive way to purchase your foreign currency. You receive sub-par rates and get hit by double fees from your card issuer, and the local bank or machine that you use to withdraw the funds. Check out how these fees can quickly add up in this informative video by Preet Banerjee¬†from the Globe and Mail. If you want to get the best exchange rates for your currency conversion, with maximum convenience, try buying your currency online through Interchange Financial, with Canada Post delivery to your home or office.