Forex

Traditionally, I would recommend a Chase credit card (either Amazon or Marriott) for all foreign exchange purchases, as previously, they were the only credit cards in Canada that don’t carry a forex surcharge, typically 2.5% of the amount charged. With those cards, you get an approximate 1% rate of return, with no annual fee on the Amazon card, and an annual fee on the Marriott that is offset with an annual hotel voucher. Now, the new Rogers Bank Mastercard may be better than either of these Chase cards for foreign exchange spending…