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I read in this answer by Sneftel:

Debit card foreign transaction fees are often higher than credit card fees.

I've noticed that too with cards issued in the US. Why are foreign transaction fees with debit cards often higher than foreign transaction fees with credit cards?

9
  • You are asking why the poster Sneftel posted something? Why don't you ask the poster directly?
    – littleadv
    Feb 15, 2023 at 23:30
  • @littleadv comments aren't made to last. Feb 15, 2023 at 23:30
  • Why do you want your personal discussion with someone else to last on this public forum? The question is not relevant to anyone but you. Who cares about random speculation between two random people on the internet? Neither the question nor the answer are factual or useful to anyone or anything other than satisfying your personal curiosity triggered by someone's unsubstantiated claim.
    – littleadv
    Feb 16, 2023 at 0:08
  • @littleadv nothing is personal in this question. Feb 16, 2023 at 0:09
  • It starts with "I".
    – littleadv
    Feb 16, 2023 at 0:09

1 Answer 1

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It seems the consensus is that foreign transaction fees with debit cards often higher than foreign transaction fees with credit cards because credit cards are more profitable to the issuer.

From Reddit user Mysunsai:

Because credit cards are more profitable due to higher merchant processing fees. Same reason that credit cards in the US offer reward points.

From SE:

the answer probably boils down to "credit cards produce income which offsets the fees.keshlam 39 mins ago

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  • Quoting random people from various online forums isn't exactly a high quality answer. Are there any sources you can include to back up these claims? As an aside, the constant posting of frivolous questions and self-answers looks a lot like karma farming... Congrats on breaking the 10k threshold.
    – 0xFEE1DEAD
    Feb 16, 2023 at 14:37
  • @0xFEE1DEAD The vast majorities of answers on stack exchange don't cite any references. The questions are not frivolous to me and self-answers are welcome on Stack Exchange. Feb 16, 2023 at 19:13

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