your bank charges a 3% fee on purchases made while traveling overseas. which of the following remedies will…
your bank charges a 3% fee on purchases made while traveling overseas. which of the following remedies will help you avoid this fee? keep a balance above a certain threshold set by the bank. always ensure that your account has sufficient funds when making transfers. use only atm machines from your bank. use a credit card that does not have a foreign exchange fee.
Answer
Brief Explanations:
The bank's overseas - purchase fee is related to the type of payment method used. A credit card without foreign - exchange fees will avoid this 3% fee. Keeping a balance above a threshold, ensuring sufficient funds when transferring, or using specific ATM machines do not address the overseas - purchase fee directly.
Answer:
Use a credit card that does not have a foreign exchange fee.