This year I paid our Amex Multi-Trip travel insurance premium using nab Velocity American Express card. The bank has charged me a "single currency" fee of 2.5%. The terms and conditions of the card say (quote)
[h=3]"NAB International Transaction Fee[/h] The following NAB International Transaction Fees apply to all credit card accounts, except NAB Visa One Fee-Free.
Single Currency Transaction: A transaction made in Australian dollars with an internationally-designated merchant."
I have called American Express Travel Insurance and they are going to seek an explanation from the bank about this fee.
Anyone else had a similar experience?
[h=3]"NAB International Transaction Fee[/h] The following NAB International Transaction Fees apply to all credit card accounts, except NAB Visa One Fee-Free.
Single Currency Transaction: A transaction made in Australian dollars with an internationally-designated merchant."
I have called American Express Travel Insurance and they are going to seek an explanation from the bank about this fee.
Anyone else had a similar experience?