Wednesday, August 17, 2011
Can i get a credit card if i dont have a job but have a co-signer?
Add you as an authorized user will get you a card to use in Europe, however, keep in mind that you will be paying 3% of the foreign transaction fee for using credit card outside the country, you also have foreign exchange rate issues (as euro is coming down these days). I suggest that you use an ATM card in Europe, you can get cash from bank or ATM machine which only charge 1% fee in most cases. If you really wants to use credit card, make sure you ask the merchant if they have a merchant account in US dollar. If they do, then you don't even have to pay foreign exchange fee. If they don't, then, they will charge you the local currency then your credit card company will ess a foreign transaction fee when it post the charge to your account. You will get the exchange rate based on the day that the account is posted and not the day you charge the card.
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