I live in the US, work in the US, and have a US bank account (Wells Fargo). I've often been travelling into Canada as of late, and I find the conversion fees are quite expensive when I use my credit card.
The card I use is a Wells Fargo Platinum Visa card. The fees show up as
Foreign Currency Conversion Fee. According to THIS LINK the fee is
3% of each transaction converted to U.S. dollars.
If I open a Canadian bank account and transfer money between my accounts I would still have to pay the same conversion fee wouldn't I?
What strategies are used to limit or reduce the fee's for occasional couple-hundred dollar trips into Canada?
Note that How to save money on currency conversion is a similar question, but asks based on larger transactions - and the answer seems specific to that.