What is the Mission Lane Visa Credit Card exchange rate? This question is about the Mission Lane Visa® Credit Card

What is the Mission Lane Visa Credit Card exchange rate?

This question is about the Mission Lane Visa® Credit Card

Chip Lupo, Credit Card Writer

@CLoop • 01/26/23 This answer was first published on 01/26/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

The Mission Lane Card exchange rate is Visa’s exchange rate on the date you make a purchase, plus any foreign transaction fees. While Visa exchange rates change daily, the Mission Lane Card foreign fee is always 3% of the transaction in U.S. dollars.

It’s best to use a credit card with no foreign transaction fee when making purchases from international merchants. As long as you have such a card and avoid dynamic currency conversion, the exchange rates you’ll pay on international spending with a credit card will be much lower than those you’d get from converting cash with banks, credit unions, or airport currency exchange services.

How much is the Mission Lane Credit Card annual fee?

The annual fee for the Mission Lane Credit Card is $0 - $59, depending on the offer you receive.

But considering the fact that it lacks rewards, has a high APR and you can only apply for it with an invitation, I'd say it isn't the best option out there.

If you want a similar card which you can apply for, I'd suggest the Capital One Platinum Credit Card with $0 annual fee.

read full answer

How much is the starting Mission Lane Credit Card credit limit?

The Mission Lane Credit Card's credit limit starts at $300. Credit limits are generally calculated based on your income and credit history, and Mission Lane will re-evaluate your account at least every 12 months to see if you're eligible for a credit limit increase.

Credit limits are generally calculated based on your income and credit history. But Mission Lane will re-evaluate your account at least every 12 months to see if you're eligible for...

read full answer

How can I get a Mission Lane Credit Card cash advance?

You can get a Mission Lane Credit Card cash advance by using your card and PIN at any ATM that displays the Visa logo. You could also request one in any bank lobby with your card and a photo ID, or you could use your convenience checks.

Keep in mind, though, that cash advances are really expensive. Besides the 29.99% (V) cash advance APR, you'll be charged with a 3% (min $10) cash advance fee and possible ATM...

read full answer

Did we answer your question?

WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.

WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.

WalletHub Transparency

We are committed to being fully transparent with our readers. Opinions expressed here are the author’s and/or WalletHub editors'. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. In addition, it is not any company’s responsibility to ensure all questions are answered.