One of those annoying little habits that credit cards employ is the charges they apply when you use your credit card abroad, even though it costs them nothing in reality to account for this foreign expenditure, you are charged as if you used a bureau de change to exchange your money for local currency.
Did you know that some credit cards do not charge foreign transaction fees when you use them abroad? It's one of those things you take for granted nowadays, but some cards such as the Post Office credit card and Nationwide have now waived transaction fees. Other providers such as The Co-operative Bank and Abbey have decided to follow suit, no doubt any others may join in this particular trend.
There are web sites available which will help you to Compare credit cards to make sure you are getting the best deals. Remember to not only consider the interest rate, the minimum payments and the transfer deals, but also to consider the charges that may be applied when you use your card abroad or for transactions in a foreign currency on the internet for instance.
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