Here's something I haven't seen before: a card with a two-tier Foreign Transaction Fee (FTF). Just received one of those "You're prequalified!" offers for a US Bank/R.E.I. co-branded Mastercard. The fee disclosure table shows a 3% FTF for each foreign purchase done in a foreign currency, or a 2% FTF for the same transaction done in US dollars. Of course, doing a foreign transaction in dollars also exposes the card user to a Dynamic Currency Conversion (DCC) fee of unknown amount, often 3-5%. Such a deal!