View from the Wing - Why Do Credit Card Companies Waive Foreign Transaction Fees?

Discussion in 'Blogstand' started by BoardingArea, Jun 28, 2014.

  1. BoardingArea

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    At some level this may seem obvious, but it was still interesting to me. It turns out that credit card companies waive foreign transaction fees on select products for the same reason they offer mileage bonuses even when those bonus offers come at a loss. It’s all about influencing consumer...
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