Re: using credit/debit cards in pakistan
i've always wondered how does the credit card work there, as far as the money rate goes? Do they use the standard federal exchange rate to bill you back here in dollars when you shop there?.....or are you just charged in dollars even pak.?
It depends on the credit card company some companies have higher exchange rate then other. Some charge 3% currency exchange fee and some charge 3% or $5 depending on whichever one is more. I have capital one and they charge 1%.