Almost all cards in canada don't offer it so no competition or need to offer it. American issuers need to offer to entice ppl to get those cards as there's much more competition Answer from 11kajd 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.
American Express
americanexpress.com › customer service
Are There Foreign Transaction Fees Using my Card? | Amex US
If you're using a product that incurs foreign transaction fees, these charges are applied to convert your international transactions into US currency.
How do I know if my credit card charges a foreign transaction fee?
Check your credit card agreement. If your card charges a foreign transaction fee, it should be listed under “fees.”
americanexpress.com
americanexpress.com › credit intel › debt
What You Should Know About Foreign Transaction Fees
What triggers a foreign transaction fee?
Foreign transaction fees apply when you purchase something in a foreign currency or when a transaction is processed through a foreign bank. These fees can also apply when you shop online from a foreign retailer, even if you’re not traveling.
americanexpress.com
americanexpress.com › credit intel › debt
What You Should Know About Foreign Transaction Fees
Does the Amex Platinum card work internationally?
The Amex Platinum card has global acceptance, covering over 80 million locations across 160+ countries. While Amex doesn’t have the massive international acceptance footprint of Visa or Mastercard, the Amex Platinum card is accepted in many countries. If you’re concerned about acceptance, you can plan to use your Amex Platinum card, but bring a Visa or Mastercard as a backup.
upgradedpoints.com
upgradedpoints.com › home › credit cards › reviews › amex platinum card
Traveling? Understand Amex Platinum Card's International Fees
American Express
americanexpress.com › us › credit-cards › category › no-foreign-transaction-fee
No Foreign Transaction Fee Cards | American Express
Explore American Express No Foreign Transaction Fee Cards. Enjoy rewards and benefits while saving on foreign transaction fees. Apply today. Terms apply.
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.
Ramp
ramp.com › blog › business credit cards
American Express Foreign Transaction Fees Guide
October 13, 2025 - You will not see the fee on transactions made entirely in US dollars and processed within the US. The fee applies to both physical and digital purchases. Whether you are swiping your card in another country or buying services online from an international provider, the fee structure stays the same. It’s added automatically and appears as a separate line item on your statement. ... You can avoid AmEx foreign transaction fees by using a business card that doesn’t charge them.
American Express
americanexpress.com › credit intel › debt
What You Should Know About Foreign Transaction Fees
June 16, 2025 - Depending on how much you spent while you were away, these fees could potentially add hundreds of dollars to your monthly bill. A foreign transaction fee (also known as an FX fee) is an extra charge on your credit card bill when you make a purchase in a foreign currency.
Exiap
exiap.ca › home › guides › american express foreign transaction fees & alternatives
American Express Foreign Transaction Fees & Alternatives - Exiap
February 18, 2025 - All AmEx cards commonly available are credit cards, although they all have slightly different features and fees, to suit different customer needs. Foreign transaction fees – when they apply – are a percentage added to the bill every time you spend in a foreign currency.
Reddit
reddit.com › r/amexcanada › why amex canada does not have any “no fx fees” card?
r/amexcanada on Reddit: Why Amex Canada does not have any “no FX fees” card?
October 29, 2024 -
I’m just trying to understand if there’s a particular reason for this? Especially the “premium/travel” cards such as Platinum, Aeroplan Reserve. Seems like it defeats their own purpose.
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Almost all cards in canada don't offer it so no competition or need to offer it. American issuers need to offer to entice ppl to get those cards as there's much more competition
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Because it’s not a deterrent for most people since there aren’t many cards in Canada that offer no forex. Now that AMEX cobalt no longer has 5x the points on international food/grocery purchases I got the Scotia AMEX Gold which gives you 5x scene points (5% CB) intl and no forex, so a benefit of 7.5%. You can also get first year free and if you sign up with Frugal Flyers you get $200 CB as well.
Upgraded Points
upgradedpoints.com › home › credit cards › reviews › amex platinum card
Traveling? Understand Amex Platinum Card's International Fees
October 6, 2023 - But there’s good news if you’re a cardholder of the Platinum Card® from American Express: this card doesn’t have a foreign transaction fee (rates & fees) and is an excellent choice for international travel. Still, it pays to be aware of all the fees you may encounter as you use this card at home or abroad and understand how the Amex Platinum card can be helpful for international travel.
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)
American Express
global.americanexpress.com › card-benefits › detail › no-foreign-transaction-fees › platinum
No Foreign Transaction Fees | Platinum Card Benefits
Skip to main content · My Account · Cards · Banking · Travel · Rewards & Benefits
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 › [deleted by user]
Does Amex charge foreign transaction fees? : r/amexcanada
September 4, 2022 - All amex cards issued by amex canada have a 2.5% fx fee.
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.
WalletHub
wallethub.com › popular credit card questions
How much is the American Express foreign transaction fee?
November 12, 2025 - The American Express foreign transaction fee is 0% to 2.7% of each transaction after conversion to US dollars, depending on the specific credit card. A foreign transaction fee is a surcharge that some credit cards add to transactions processed ...
Forbes Advisor
forbes.com › advisor › ca › credit-cards › amex-platinum-foreign-transaction-fee
How Much is the Amex Platinum Card Foreign Transaction Fee? – Forbes Advisor Canada
September 8, 2025 - The foreign transaction fee with The Platinum Card® is the industry standard of 2.5%. Now, Amex does add to that foreign transaction fee with a high annual fee of $799, so you’ll have to spend a lot to make that amount worthwhile.
Wise
wise.com › ca › blog › amex-travel-card-canada-guide
A closer look at the best Amex travel cards in Canada
July 2, 2024 - ... Considered a premium credit card, the Scotiabank Gold American Express Card is ideal for folks who love getting rewards on their everyday purchases3. ... Save 2.5% on all foreign transaction fees on foreign currency purchases, including ...
American Express
americanexpress.com › ca › en › customer-service › faq.can-i-use-my-american-express-card-abroad.html
Can I use my American Express® Card abroad?
While abroad, you can continue to use your Card to make purchases anywhere that accepts American Express®. However, keep in mind that currency conversion fees may apply to your transactions. Please refer to your Cardmember Agreement for specific details regarding charges made in foreign currencies.