Cards from Amex themselves all have a 2.5% fee. Answer from jcolp on reddit.com
American Express
americanexpress.com › ca › en › customer-service › faq.what-are-the-exchange-rates-and-foreign-transaction-fees-for-out-of-country-charges.html
What are the exchange rates and foreign transaction fees for out of country charges?
If you make a charge in a currency other than Canadian dollars that charge will be converted into Canadian dollars. Please refer to your Cardmember Agreement for specific details regarding charges made in foreign currencies.
Scotiabank Canada
scotiabank.com › credit cards › american express › scotiabank gold american express card
Scotiabank Gold American Express® Card | Scotiabank Canada
Shop online or abroad without the typical 2.5% foreign transaction fee on purchases made in a foreign currency.5 Just the exchange rate applies.
Reddit
reddit.com › r/amexcanada › amex gold no fx fee?
r/amexcanada on Reddit: Amex Gold No FX Fee?
September 20, 2025 -
Does Amex Gold have no foreign exchange fee? I am in Europe currently and just paid EUR 18 for a flight. It charged me CAD 29.33 (pending), which is not very off from Google's rate of CAD 29.14. Does it mean that it has no 3% fx fee or will it update the charge once it got posted to my account?
Top answer 1 of 8
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Cards from Amex themselves all have a 2.5% fee.
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I answered, then had to retract because I’m the dummy American who just skipped the CAD part of your post. The American version of Amex Gold has no foreign transaction fees. It looks like in Canada only the Scotiabank version has no foreign transaction fees.
WalletHub
wallethub.com › popular credit card questions
2026 Amex Gold Card Exchange Rate
November 24, 2025 - American Express exchange rates change on a daily basis, but they do not make their exchange rates public. The rates do tend to be quite low, however. Amex Gold Card does not charge foreign transaction fees, unlike most other cards.
Reddit
reddit.com › r/amex › do you use your amex gold abroad?
r/amex on Reddit: Do you use your amex gold abroad?
October 11, 2024 -
In the UK I used 'Revolut' where you can exchange money before you travel onto a debit card, here you get a rate that is very close to the 'real' rate, so basically 0 fees but also no points.
My understanding is for the US Amex Gold, you get 'no fees' but there are hidden fees in the exchange rate of about 2%. So given that you get points on the transactions maybe that about cancels out? What do people do here, do you use your amex abroad if you can?
Top answer 1 of 27
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American credit cards, generally speaking, have a currency conversion rate decided by the bank that is pretty much close to the real thing and costs nothing. With that said, most credit cards charge a foreign transaction fee that is usually anywhere between 1-3%. 2% is very common. AMEX Gold, and most credit/charge cards with an annual fee have 0% foreign transaction fees. The currency conversion rate used by each bank might be slightly different, but I've found it to be negligible over many uses.
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I thought there were no foreign txn fees on gold and platinum. Is that not the case?
Scotiabank
scotiabank.com › content › dam › scotiabank › canada › en › documents › Amex Gold E - 667194_Disclosure_CSAGDS-E_0816.pdf pdf
Scotiabank ®* Gold American Express ® Card Application Disclosure ...
in addition to the exchange rate, you will be charged a foreign currency conversion of 2.50% of the
Exiap
exiap.ca › home › guides › american express foreign transaction fees & alternatives
American Express Foreign Transaction Fees & Alternatives - Exiap
February 18, 2025 - To paint a picture, here are the key international and ongoing costs for 3 popular American Express cards issued directly by AmEx: Where an American Express foreign transaction fee applies it is added every time you spend in a foreign currency. If you’ll be using your card overseas frequently you might prefer to pick a different card type from a specialist like Wise, which accesses low cost currency conversion and mid-market exchange rates.
Quora
quora.com › Does-American-Express-Gold-card-charge-foreign-exchange-transaction-fees-when-using-the-card-internationally
Does American Express Gold card charge foreign exchange transaction fees when using the card internationally? - Quora
Answer (1 of 3): Yes. Typically 2–3% added to the Interbank Spot Rate. Attached is from the Gold Card T&C’s. Converting Transactions made in a foreign currency If you make a Transaction that is submitted to us in a foreign currency, or if ...
American Express
global.americanexpress.com › card-benefits › detail › no-foreign-transaction-fees › gold
No Foreign Transaction Fees | Premier Rewards Gold Card ...
Skip to main content · My Account · Cards · Banking · Travel · Rewards & Benefits
American Express
americanexpress.com › content › dam › amex › en-ph › network › documents › consumer › AMEX_FCS_JAN2023_A.pdf pdf
•BacNet P100* /month P200* /month P200/month
For foreign charges converted using the prevailing foreign exchange rate of American Express at the time of posting, a conversion factor of 2.5% will be applied to the
American Express
americanexpress.com › customer service › travel › using your card abroad
Using your card abroad
What are the exchange rates and foreign transaction fees for out of country charges?
American Express
americanexpress.com › home › credit know how › using your credit card overseas
Using Your Credit Card Abroad | Amex CA
A conversion commission fee is a percentage of the Canadian dollar value of foreign currency transactions, so remember to factor these fees in.
Ratehub.ca
ratehub.ca › blog › credit-cards-with-no-foreign-exchange-fees
Canada’s best no foreign transaction fee credit cards for 2026 | Ratehub.ca
2 weeks ago - This card is particularly useful for those who dine out often, travel, and enjoy entertainment. No foreign exchange fee: Save on foreign currency purchases while travelling abroad or shopping online, as this card doesn’t charge the typical ...
Scotiabank Canada
scotiabank.com › ca › en › personal › credit-cards › american-express › compare-american-express-credit-cards.html
Compare American Express Credit Cards | Scotiabank Canada
If we don't receive your minimum payment by the minimum payment due date, the interest rate on your credit card may go up and your credit score may be affected. You may be charged FX fees when you use your credit card to buy something in a foreign currency either online or while you’re travelling.
Reddit
reddit.com › r/amexuk › is the foreign fee on the amex gold ever worth it?
r/AmexUK on Reddit: Is the foreign fee on the AMEX Gold ever worth it?
November 4, 2023 -
I'm booking some flights and for some reasons I can only get the price in EUR. AMEX charges you 2.99% for every foreign transaction, but whenever you're booking flights you also get 2x points.
The foreign fee is clearly never worth it in most cases, but is it worth it when booking flights and getting 2x the points? Or I'd still fall short in the end?
Thanks!
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In terms of the points you get back, no it’s not worth it. That said you may want to consider still using your Gold card because some parts of the travel insurance rely on you having paid for your trip with your card. The other thing is even for general spend - not flights - you might decide having the benefit of Amex customer service is worth it if something were to go wrong
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The only time I’ve ever used my Amex abroad was when my Gold card had a ‘spend £300, get £100 back on Marriott stays’. That was worth it.
American Express
americanexpress.com › customer service › payments & billings
What are the exchange rates abroad | FAQs | Amex UK
Travelling overseas? Discover how Amex exchange rates work, what fees apply, and how currencies are converted when you use your Card internationally.
American Express
americanexpress.com › uk › legal › fx-ecb-comparison
Foreign Exchange ECB Comparison
This means that the exchange rate used may differ from the rate that is in effect on the date of the transaction. When we convert a transaction into local currency, the transaction amount is determined by the daily Foreign Exchange Rate and the Currency Conversion Fee that applies to the product being used.
American Express
americanexpress.com › home › life with amex › credit cards › using a credit card abroad
Using a Credit Card Abroad | AMEX UK
American Express charges a currency conversion fee of 2.99% of the converted value of the transaction for each foreign currency purchase you make. ... If you use your Card to withdraw cash abroad, a cash fee of 3% of the withdrawal amount or £3 (whichever is greater) will be payable in addition ...
Reddit
reddit.com › r/amex › foreign transaction fees
r/amex on Reddit: Foreign transaction fees
March 30, 2024 -
I’m going on a Europe trip to several different countries in a couple months. I was wondering what the international fees on the Amex gold card would be like. It says there are no international fees by Amex but, merchants may charge their own foreign fees.
What’s everyone’s experience with this traveling abroad? Are there any fees either from Amex or merchants, especially in Europe?
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No matter what card you use, some ATMs or Merchants will give you the option to charge in your currency (eg USD). They usually say upfront that there’s like a 5% fee or if they don’t it might be even worse. You always want to decline this and charge in the local currency.
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AMEX is not widely accepted in Europa, have a backup plan (visa/mc)
Reddit
reddit.com › r/amex › amex gold (usa): do you pay currency conversion fees online?
r/amex on Reddit: AMEX Gold (USA): Do you pay currency conversion fees online?
July 18, 2025 -
I just got an AMEX Gold USA. I would be mostly using this for online payments for my business.
I pay marketing in currencies like EUR, GBP and AUD.
Does it mean I will have to pay a 3% conversion fee, or not?
Online it says there are no currency conversion fees (overseas) for this AMEX card, but what about online payments in a different currency other than the USD? IT does NOT specify this.
Can someone confirm?
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no foreign transaction fees. you’ll get charged at the current conversion rate in USD. For example, you buy something worth 100€ you’ll get charged $116.41 USD (current google conversion) UNLESS, the merchant charges you a fee on their end.
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AFAIK (someone pls confirm) “no currency conversion fees” means whenever you pay in a foreign currency with the card (online or offline) you don’t need to pay the currency conversion fee.