✈ The Correct Answer to a Common Travel Question, JetBlue Trims Service to London and Paris & More News From TPG ✈

Also: Fly business class this summer to Italy, Spain and Austria from $2,740 round-trip May 9, 2024 [THE POINTS GUY]( [View in browser]( [TPG Daily Newsletter]( TOGETHER WITH [Partner Logo]( [THE POINTS GUY]( TOGETHER WITH [Partner Logo]( Avoid paying in US dollars when traveling abroad by Katie Genter, Senior Writer [TPG | Hero Image] When paying for anything with a credit card outside the U.S., you should be asked whether you want to pay in U.S. dollars or the local currency. The merchant might ask you, or the payment terminal might force you to select. But there’s only one correct answer: the local currency. By opting to pay in the local currency, your bank will convert the charge at the current exchange rate. If you pay in U.S. dollars, you’ll pay more in the end due to the poor exchange rate offered by [dynamic currency conversion](. Whether you take money out of an ATM or pay for a purchase with a credit or debit card, DCC works the same, and you'll lose 3%-5% during the conversion. And, if your card has a foreign transaction fee or foreign ATM fee, you'll stand to lose another 3%-5% on top of that. And no, paying in U.S. dollars won’t let you avoid paying [foreign transaction fees]( if your card carries them. Foreign transaction fees aren’t levied when you pay in a foreign currency, but when you make a purchase that’s processed by an overseas bank. Merchants should ask you before charging you in a currency different from the local one. So, check your credit card statement when you return home to ensure all your purchases posted as you expected, and contact your issuer if a merchant didn’t post a charge in the currency you selected. Check out the following stories to prepare financially for upcoming trips abroad: - [Best cards with no foreign transaction fees]( - [Why you should carry a backup credit card while traveling]( - [10 tips to save on overseas ATM withdrawals this summer]( - [Do you need to set up travel alerts on your credit cards?]( Posts in this newsletter contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products, and this may impact how or where they appear. For an explanation of our Advertising Policy, [visit this page](. Photo Credit: DUSANPETKOVIC/GETTY IMAGES. TOGETHER WITH [Partner Logo]( Limited-time offer: Earn 75,000 bonus points Earn 75,000 bonus points on Chase Sapphire Preferred®, worth over $900 when redeemed through Chase. You’ll earn 5x total points on travel booked through Chase, 3x points on dining, and 2x points on all other travel. Let Sapphire Preferred help you reach your travel potential. [Learn more]( Today’s top stories [JetBlue trims London, Paris and New York LaGuardia service; doubles down on San Juan]( JetBlue announced a network adjustment Wednesday, trimming service from New York's LaGuardia Airport, and to London and Paris. But it's adding service in San Juan, Puerto Rico. [Read more]( [Fly business class this summer to Italy, Spain and Austria from $2,740 round-trip]( Airlines such as Condor, American and Swiss are offering round-trip, business-class flights to popular destinations for less than $3,000. [Read more]( [Chase Sapphire Preferred vs. Amex EveryDay Preferred: A $95 annual fee showdown]( For a limited time, you could earn 75,000 bonus points on the Chase Sapphire Preferred card. [Read more]( [New cruise port opens in Alaska — sort of]( A Seabourn cruise ship was the first to visit this new Alaska port destination. [Read more]( [Bilt Rewards adds Hilton Honors as a new transfer partner]( You can now transfer Bilt Rewards points to Hilton Honors. Here's what you need to know, including how to earn an extra 1,000 points when you complete a transfer. [Read more]( The latest 1. [How to decide if a credit card's annual fee is worth paying]( 2. [They're back! This major cruise line is restarting a beloved Southern Caribbean routing]( 3. [Cruise scams: Why you should toss that 'free cruise' card in the trash]( 4. [The Jet vs. Amtrak: What is the best way to get between New York City and Washington, DC?]( 5. [Highly anticipated Regent Santa Monica Beach opens for reservations]( 6. [Amex Platinum's 40th anniversary: Save big with offers from Sephora, Delta and Hertz]( 7. [JetBlue and Etihad expand partnership to include mileage earning, award redemptions]( 8. [Fly to the French Riviera from Seattle, Boston, Chicago and other US cities from $531 round-trip]( 9. [Best uses of American Airlines AAdvantage miles]( 10. [Capital One Spark Cash Plus vs. Spark Miles for Business: Which is better for your business?]( [fb]( [insta]( [yt]( [tw]( [in]( [mail](mailto:hello@thepointsguy.com) You are receiving this email because you opted in at [thepointsguy.com](. Where to find us: The Points Guy 100 5th Ave., 16th Floor New York, NY 10011 USA USA If this newsletter was forwarded to you, you can subscribe [here](. Changed your mind? You can [update your preferences]( or [unsubscribe]( at any time. Advertiser Disclosure: The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Please view our [advertising policy]( and [product review methodology]( for more information. Editorial Note: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. THE POINTS GUY © ALL RIGHTS RESERVED 2024