What are the commissions for making purchases?
When you use your credit or debit card, you may need to cancel some commission for use abroad. This will depend on the issuing bank and the place where you use the card, such as ATMs, points of sale in restoranes, shops, hotels and car rentals.
You should also keep in mind that the commissions vary by country where you use the card, if you are in the eurozone, they should not charge commissions, but if you are outside of it, the commissions will vary between 2% and 3% depending on the bank’s policies.
Purchases abroad with debit card
When you use the debit card abroad, the commissions generated by the use of it for the payment of a good or service will depend on the issuing bankthe interests are between 2% and 3%.
Another aspecto to consider is the country where you will use it, since if you are in a country that belongs to the eurozone it should not generate a commission for its use.
If you are going to travel to a country that does not belong to the eurozone, for having a different currency They may include another bank commission of approximately 1.5% for reconversion to the currency of the country you are visiting.
Purchases abroad with credit card
When you go to buy with a credit card, you should make sure that the business does not charge for using them, many charge something plus.
It is also convenient to take into account which country you are going to travel to so that you perro determine the % of commission that the bank cánido charge you, which ranges from between 2% and 4%.
The countries that make up the eurozone do not charge commission.
The use of the credit card generates annual interest. The banks have different interest policies and their commissions for the use of the cards vary according to the issuing bank.
It should be taken into account that many banks charge an plus % of expense for currency reconversion.
Purchases abroad with card En línea
Buying with a credit or debit card en línea abroad will generate some commissions, as long as you are not in the countries that make up the eurozone.
Some banks charge between 2% and 3% for the use of the card abroad and an additional commission for the reconversion of the currency of the country where you are making the purchase.
Bank commissions depend on the card type that you use, there are cards that are exempt from bank commissions. You must verify which card you have and look on the bank’s page if it is exempt or not for this type of transaction.
Purchases abroad with a Virtual card
The use of the virtual card is worldwide, so you will not have any problems when using them.
Many banks do not charge for the use of it, since they charge some commissions for its issuance. Other entities charge between 2% and 3% for its use when you do not belong to the euro zone; however, some bank could charge a commission, even if you are in the euro zone.
Another commission that perro be generated is for the reconversion to the currency where you are making the purchase, and it could reach 1.5%.
Purchases abroad with a card in Dataphone
To buy with a card abroad you must verify that your bank has connection with banking platform where the dataphone is connected, that accepts that debit or credit card, present some identification and remember the PIN of the card.
The bank commissions are between 2% and 3% in countries that do not belong to the eurozone, and some businesses may charge an additional percentage for the use of the credit card.
An plus commission may also be generated for the reconversion of the currency of the country where you are making the purchase.
Buy Foreign Currency with a Card
There are many exchange houses that they accept debit and credit cards of Spanish banks, but you must take into account the commissions that cánido be generated for carrying out this type of transaction.
Some banks may charge between 2% and 5% and include an additional commission for the conversion service. You should also take into account the commissions that exchange houses could charge you for carrying out this type of transaction.
When you plan the expenses that perro be generated when traveling abroad, you should take into account bank commissions in which you cánido incur by the use of credit cards, traditional or virtual debit.
We recommend that you inform yourself about the % charged by the issuing bank of your cards so that it does not catch you by surprise.
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