billroddy Posted November 4, 2011 #1 Share Posted November 4, 2011 Here are the international transaction fees I found for different cards: Holland America Visa 3% Chase Cards 3% First Citizens Bank Visa 2% Discover Card 0% (zero) So my question is, has any member used the Discover Card in Puerto Vallarta, or Cabo? Bill Ancient Mariner Link to comment Share on other sites More sharing options...
peug Posted November 4, 2011 #2 Share Posted November 4, 2011 I called discover and was told that yes, it was accepted in Mexico, so I am interested in the answer to your question. I plan to take the card with me in Feb. Link to comment Share on other sites More sharing options...
Bearnaise Posted November 4, 2011 #3 Share Posted November 4, 2011 Good luck with that. Unless it's a big corporate entity (eg. Diamond International), I doubt you'll find many vendors of any type that take anything other than MasterCard and VISA. We got an offer for a Chase Continental Presidential Plus MC where they waived the first year's annual $395 fee. Not only does it not charge a foreign transaction fee, but we get Continental/United airport club lounge access. I'm almost tempted to not cancel it before the renewal, but we don't travel enough lately to make the perks worth it. Link to comment Share on other sites More sharing options...
travelnap Posted November 4, 2011 #4 Share Posted November 4, 2011 When I travel internationally I use a Capital One Card, They don't charge the transaction fees. At least they haven't in the past. Link to comment Share on other sites More sharing options...
Rare Hlitner Posted November 4, 2011 #5 Share Posted November 4, 2011 We live in Puerto Vallarta several months a year and can assure you that Discover Cards are nearly useless (this is also true in most other countries outside of the US and Canada). We do a lot of international travel and totally agree with the previous post about CapitalOne Cards (usually a Master Card). CapitalOne has almost become legandery among international travelers since they offer fee free Master Cards (I think they also issue Visa) that have absolutely no foreign exchange fees. We have actually run our own tests (using a fee free ATM card and other credit cards) in both Europe and Mexico and our CapitalOne has the best rate every time with our fee-free ATM/Debit card very close. Our other credit cards all change in the 2.5 to 3% range for any transaction. One of my pet peeves has to do with AMEX who charges annual fees for their card and still imposes a 2.7% foreign exchange fee. There answer to this is that if you pay over $450 a year for an AMEX Platinum card there is no foreign exchange fee. Hank Link to comment Share on other sites More sharing options...
cruzboss Posted November 4, 2011 #6 Share Posted November 4, 2011 Capital one is the card to use. No annual fee, double points, and no foreign transaction fee. I use my capital one visa in Europe and everywhere else, just let them know that you will be traveling abroad. I know that some other banks are not charging the fee, like some chase cards or AX card. Link to comment Share on other sites More sharing options...
sail7seas Posted November 4, 2011 #7 Share Posted November 4, 2011 Here are the international transaction fees I found for different cards:Holland America Visa 3% Chase Cards 3% First Citizens Bank Visa 2% Discover Card 0% (zero) So my question is, has any member used the Discover Card in Puerto Vallarta, or Cabo? Bill Ancient Mariner We use AmEx without problem. Link to comment Share on other sites More sharing options...
pms4104 Posted November 5, 2011 #8 Share Posted November 5, 2011 Used to be there was no international transaction fee on Discover, other than currency adjustment due to exchange rate. For at least the past two years, Discover has had a 2% international transaction fee for any charges in currency other than USD. Link to comment Share on other sites More sharing options...
Bearnaise Posted November 5, 2011 #9 Share Posted November 5, 2011 We use AmEx without problem. Without problem? Who takes AMEX? Link to comment Share on other sites More sharing options...
Krazy Kruizers Posted November 5, 2011 #10 Share Posted November 5, 2011 There are a couple of reputable places in Mexico that we have gone to over the years who do take the AMEX card -- I have used mone several times. Link to comment Share on other sites More sharing options...
Rare 1025cruise Posted November 5, 2011 #11 Share Posted November 5, 2011 While I use cash when I travel, I did notice that in Roatan, that most places accepted Discover. Link to comment Share on other sites More sharing options...
Rare Hlitner Posted November 5, 2011 #12 Share Posted November 5, 2011 We use AmEx without problem. And, unless you have a Platinum card, you will find that there is a 2.7% foreign exchange fee added to each of your transactions. This charge used to be bundled right in the amount charged so many folks did not noticed unless they calculated the exchange rate and compared it to the actual rate effective that day. But because of a new federal law they now fully disclose the fee as a separate item on each charge (look at your statement). So the bottom line is that if we charge $10,000 on our AMEX while traveling around Europe we will be charged $10,270. If we charged that same $10,000 on a CapitalOne Card we would be charged $10,000. And to think that the CapitalOne Card has zero annual fees (this is starting to sound like an ad for CapitalOne). Hank Link to comment Share on other sites More sharing options...
gaelan Posted November 5, 2011 #13 Share Posted November 5, 2011 Capital one is the card to use. No annual fee, double points, and no foreign transaction fee. I use my capital one visa in Europe and everywhere else, just let them know that you will be traveling abroad. I know that some other banks are not charging the fee, like some chase cards or AX card. I have been looking for a card that does not charge international fees (another scam)......this is a great suggestion and will investigate as I am travelling more internationally ...thanks for the info!!!! Link to comment Share on other sites More sharing options...
IRL_Joanie Posted November 5, 2011 #14 Share Posted November 5, 2011 Just as a bit of information regarding the little shopping area right at the Port in Puerto Vallarta, they do not accept Credit Cards at all:( I found out the hard way that they would only accept US Dollars or Pesos. They did try to poit me to the WalMart across from the Port (where there was also an ATM), but after seeing not only the machine gunned armed security guards driving around the WalMart parking lot there and the security fencing, I decided the best idea was getting back on the ship and not spend my money there. Keep in mind that this was just my experience. Others went away from the Port area and had no problems. I am just extremely scared in situations like that and preferred to stay on the ship itself:) Joanie Link to comment Share on other sites More sharing options...
Rare Hlitner Posted November 5, 2011 #15 Share Posted November 5, 2011 Since we are talking about PV we should have also added that very few places accept AMEX cards and there are quite a few restaurants (including some of the better places) that are cash only. As a rule MC and Visa are pretty widely accepted. There is one very popular restaurant called Barcelona Tapas who only accepts Amex (Visa and MC not accepted). That is a very usual situation which came about when the owner (Chicago restauranteur Bill Carballo) managed to cut a deal with AMEX where his restaurant has been featured in some AMEX advertising. And by the way, that is a great place for Tapas and a view if you are in town for dinner. Hank Link to comment Share on other sites More sharing options...
aliaschief Posted November 5, 2011 #16 Share Posted November 5, 2011 Got a Capitol One card for our overseas cruise last May. No transaction fee. Since that time we have seen several other cards also offering no transaction fee. One being our Marriott Rewards card. Link to comment Share on other sites More sharing options...
Rare mightycruisequeen Posted November 5, 2011 #17 Share Posted November 5, 2011 I'd also recommend Capitol One for the same reasons others have mentioned. We've all but stopped using our cards from other banks. Link to comment Share on other sites More sharing options...
Laurie S. Posted November 5, 2011 #18 Share Posted November 5, 2011 My Marriott card also does not charge foreign transaction fees. Link to comment Share on other sites More sharing options...
tangerinebunny Posted November 5, 2011 #19 Share Posted November 5, 2011 The current issue of Consumer Reports has suggestions for credit cards if anyone's interested. We just took out a Capital One after the recommendations here and in their article. It's still no international transaction fees and no yearly fee. Link to comment Share on other sites More sharing options...
Typhoon1 Posted November 6, 2011 #20 Share Posted November 6, 2011 Never experienced any problems. Link to comment Share on other sites More sharing options...
Rare Hlitner Posted November 6, 2011 #21 Share Posted November 6, 2011 The current issue of Consumer Reports has suggestions for credit cards if anyone's interested. We just took out a Capital One after the recommendations here and in their article. It's still no international transaction fees and no yearly fee. You could have saved yourself the cost of Consumer Reports since quite a few of us have posted similar info here on CC for several year :). And CC is still free! Hank Link to comment Share on other sites More sharing options...
Laminator Posted November 6, 2011 #22 Share Posted November 6, 2011 Even if your credit card charges a fee you will still come out way ahead over paying in dollars in Mexico. The present peso rate is $13.58. If you pay in US you will get between $12.00 and $12.30 in pesos to the dollar. That is a 10% difference so even a card with a fee is much more advantageous. I have also seen people use their Capitol One cards and the merchant charges them in US giving them $12 pesos to the dollar. They were not worried as they insisted they would not be charged fees. After 15 minutes I gave up trying to help. So if you use any credit card you'll come out ahead over paying cash. Plus make sure the merchant charges your credit card in PESOS! Link to comment Share on other sites More sharing options...
GeriatricNurse Posted November 6, 2011 #23 Share Posted November 6, 2011 The current issue of Consumer Reports has suggestions for credit cards if anyone's interested. We just took out a Capital One after the recommendations here and in their article. It's still no international transaction fees and no yearly fee. You could have saved yourself the cost of Consumer Reports since quite a few of us have posted similar info here on CC for several year :). And CC is still free! Hank Hank, perhaps tangerinebunny read the article in her local library for free! ;) That's where I read my (free) issues of "Consumer Reports"! :) Link to comment Share on other sites More sharing options...
gaelan Posted November 6, 2011 #24 Share Posted November 6, 2011 I'd also recommend Capitol One for the same reasons others have mentioned. We've all but stopped using our cards from other banks. Just signed up with Capital One yesterday and card on the way....thanks to all on this thread......I might just melt my BOA card Link to comment Share on other sites More sharing options...
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