What we found was surprising. The best currency exchange rate available to Canadians is the use of a no foreign transaction fee credit card. It offers a near perfect foreign exchange rate. All you get charged is the foreign exchange rate for that day, set by Mastercard or Visa, which is based on the market rates as seen in Bloomberg, Reuters and the Central Banks. There is no additional foreign exchange fee. The worst places to exchange your money? The airport, hotels and your bank branch.
Unfortunately, none of Canada’s largest credit card companies (RBC, TD, CIBC, BMO, Scotia, Capital One, Canadian Tire or PC Bank) offer a credit card without a foreign transaction fee. They all charge a foreign transaction fee of 2.5%, on top of the exchange rate set by Visa or Mastercard. They do the same for debit cards either when making a purchase at a U.S. retailer or from an ATM.
Brian Plain on 29 Oct 10http://www.StockMarketFunding.com Military Jets Escorting Passenger Jet To JFK Airport "Breaking News" Dow Jones Equity Markets Impact. Fox News' Trace Gallagher just reported that two F-15 military jets are currently escorting a commercial passenger airliner coming in from Canadian airspace into JFK airport. The flight is reported to have originated in Yemen, laid over in United Arab Emirates and is now entering American airspace. This, on a day when there may have been a possible terrorist attempt, or trial run, that has lead to a number quarantined airplanes and inspections of numerous cargo planes around the country. U.S. Investigating Cargo Plane Rehearsal for Terror
