What is foreign currency exchange commission fees apple charges?

what is Apple card foreign currency exchange commission fees if any?

iPhone 12 mini, iOS 16

Posted on May 29, 2023 2:24 PM

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Question marked as Best reply

Posted on May 29, 2023 2:29 PM

For foreign currency exchange information, see the following from the Customer Agreement https://www.goldmansachs.com/terms-and-conditions/Apple-Card-Customer-Agreement.pdf


TRANSACTIONS MADE IN FOREIGN CURRENCIES

Transactions, returns and credits made in a currency other than U.S. dollars will be converted into U.S. dollars. We do not add any foreign exchange rate fee to these Transactions. The conversion will be performed by Mastercard International, the payment network associated with your Account (the "Network"). The Network follows its own methods for conversions that are subject to change. The conversion will occur on the day the Transaction, return or credit is processed by the Network, which may be different than the date of the Transaction, return or credit. As a result, the conversion rate may differ from the rate as of a Transaction date or the date a Transaction is posted on your Account.

4 replies
Question marked as Best reply

May 29, 2023 2:29 PM in response to nmk11

For foreign currency exchange information, see the following from the Customer Agreement https://www.goldmansachs.com/terms-and-conditions/Apple-Card-Customer-Agreement.pdf


TRANSACTIONS MADE IN FOREIGN CURRENCIES

Transactions, returns and credits made in a currency other than U.S. dollars will be converted into U.S. dollars. We do not add any foreign exchange rate fee to these Transactions. The conversion will be performed by Mastercard International, the payment network associated with your Account (the "Network"). The Network follows its own methods for conversions that are subject to change. The conversion will occur on the day the Transaction, return or credit is processed by the Network, which may be different than the date of the Transaction, return or credit. As a result, the conversion rate may differ from the rate as of a Transaction date or the date a Transaction is posted on your Account.

What is foreign currency exchange commission fees apple charges?

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