"Would you like to pay in [local currency] or US Dollars?"It's a question virtually anyone with a US-issued credit card has been asked when checking out of a hotel abroad.
When you're using your credit card abroad,you should always pay in the local currency. Always. I don't even know why hotels offer the option of paying in another currency, since there's zero upside to paying in USD. Why?-- Many credit cards have no foreign transaction fees nowadays, or which generally use a market conversion rate (or very close to market)
-- For cards with foreign transaction fees,you'll typically still be charged the foreign transaction fees for things billed in USD external the US (because it's approximately where the purchase is processed and not necessarily the currency in which it was processed)
-- The currency conversion rates hotels use are terribleThe post Dear Hotels: Stop With Your Currency Conversion Scams appeared first on One Mile at a Time.
Source: boardingarea.com