What is the Amex Gold card exchange rate?

The American Express exchange rate varies on the type of currency conversion you select at the time of purchase. So, there’s a different Amex exchange rate between the U.S. dollar and approximately 80 other currencies, and they all fluctuate from day to day. Popular Amex currencies include the Canadian Dollar, the British Pound, the Euro, and the Mexican Peso.... read full answer

What you should know about the American Express exchange rate:

• The Amex exchange rate is automatically applied to international purchases charged to Amex credit cards.
• American Express FX International Payments customers can access their accounts online to get the day’s exchange rates. These rates are not available to the public, but you can enroll for free if you have a U.S. business bank account. An American Express card is not needed.
• Exchange rates between the U.S. dollar and all other currencies fluctuate daily. But because American Express does not publish them openly, it’s difficult to track them. Visa and Mastercard on the other hand, publish their exchange rates continuously.

It’s also useful to know that if you make a foreign transaction using your checking account, debit card or prepaid card, the exchange rates are the same as those used for credit cards.

The American Express foreign transaction fees are 2.7% of all international transactions or 0%, depending on the card. There are plenty of American Express cards with no foreign transaction fees. Those cards tend to be the best options for travel.

If you’re unfamiliar with foreign transaction fees, they’re a surcharge for using a credit card with a foreign merchant. Credit cards with foreign fees usually charge 1%-3% of the purchase price. That can really add up, especially since Amex’s 2.7% foreign fee is on the higher end of the spectrum.... read full answer

Here are the American Express foreign transaction fees:

• American Express cards with foreign transaction fees charge 2.7%.
• Many American Express credit cards have no foreign transaction fees.
• Amex foreign transaction fees apply when you buy things abroad or shop at foreign merchants online.
• Some of the best American Express cards with 0% foreign fees include:
  
  - The Platinum Card® from American Express
  - The American Express® Gold Card
  - The American Express® Green Card
  - Amex cards affiliated with Marriott, Hilton, and Delta

If you’re looking for an international credit card, it’s best to get one with no foreign transaction fees, and American Express does have a good selection. But American Express cards aren’t accepted by nearly as many foreign merchants as Visa and Mastercard. So, you may find yourself somewhere your Amex won’t work. And that’s why it’s probably better to have a Visa or Mastercard for travel.

The American Express® Gold Card foreign transaction fee is 0%. This means you won’t be charged extra anytime you use the American Express® Gold Card outside of the United States. This applies whether it’s a purchase at a physical location in a foreign country or an online transaction through an internationally-based merchant.

Having a credit card with ... read full answerno foreign transaction fees is a great idea if you often travel outside the U.S. or make online purchases through foreign merchants. Plus, with all the no foreign transaction fee credit cards out there, there’s no reason to pay extra to complete international transactions.