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Walking into Town?


canadarocks
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I am assuming Carrefour does not take US currency?

 

They do, via the til at checkout. But the rate of exchange for cash being USD to Euros will not be great.

Consider using a Credit Card, paying in the currency of one's country of card, and accepting the store's rate of exchange from Euros to USD to avoid any Credit Card "Cash" charges.

If using a Credit Card, best to take a passport (ID) as you are dealing with the French.

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They do, via the til at checkout. But the rate of exchange for cash being USD to Euros will not be great.

Consider using a Credit Card, paying in the currency of one's country of card, and accepting the store's rate of exchange from Euros to USD to avoid any Credit Card "Cash" charges.

If using a Credit Card, best to take a passport (ID) as you are dealing with the French.

 

Thanks for the info! :)

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They do, via the til at checkout. But the rate of exchange for cash being USD to Euros will not be great.

Consider using a Credit Card, paying in the currency of one's country of card, and accepting the store's rate of exchange from Euros to USD to avoid any Credit Card "Cash" charges.

If using a Credit Card, best to take a passport (ID) as you are dealing with the French.

 

BAD advice to tell people to accept the store's rate of exchange from Euro to USD!

 

 

If Carrefour takes credit card payment, as any other Carrefours in Europe, it is just a regular charge to the credit card, nothing to do with "cash charges".

 

Bring a credit card that does not charge a foreign transaction fee - there are plenty of US-issued cards dont. Anyone who does any travel outside US should have one. Always make sure the charge is in LOCAL CURRENCY - in this case, EURO. Dont fall on the scam of DCC - Dynamic Currency Conversion, that the shops love to scam you by translating the local currency to your home currency - because in doing so, they pad on 3 to 5% extra on the exchange rate.

 

ALWAYS choose to pay with LOCAL CURRENCY with your credit card - even if your US credit card charges a FTF, it would be no more than 3% - still better than the often 5% from the DCC. The better solution is to get yourself a no ETF no Annual Fee card - check out TD Bank and Capital One - they both have cards have no annual fee, no foreign transaction fee, earns 3% on dining, 2% on grocery and 1% everything else. Your Carrefour purchase would be classified as grocery, and earn you 2% cash rebate! You dont pay any foreign transaction fee as long as you are smart enough to insist being billed in LOCAL Currency, not accept a conversion.

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BAD advice to tell people to accept the store's rate of exchange from Euro to USD!

 

 

If Carrefour takes credit card payment, as any other Carrefours in Europe, it is just a regular charge to the credit card, nothing to do with "cash charges".

 

Bring a credit card that does not charge a foreign transaction fee - there are plenty of US-issued cards dont. Anyone who does any travel outside US should have one. Always make sure the charge is in LOCAL CURRENCY - in this case, EURO. Dont fall on the scam of DCC - Dynamic Currency Conversion, that the shops love to scam you by translating the local currency to your home currency - because in doing so, they pad on 3 to 5% extra on the exchange rate.

 

ALWAYS choose to pay with LOCAL CURRENCY with your credit card - even if your US credit card charges a FTF, it would be no more than 3% - still better than the often 5% from the DCC. The better solution is to get yourself a no ETF no Annual Fee card - check out TD Bank and Capital One - they both have cards have no annual fee, no foreign transaction fee, earns 3% on dining, 2% on grocery and 1% everything else. Your Carrefour purchase would be classified as grocery, and earn you 2% cash rebate! You dont pay any foreign transaction fee as long as you are smart enough to insist being billed in LOCAL Currency, not accept a conversion.

 

Your critic of this point is welcomed.

Any concerns regarding my other posts on this thread?

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