Question:

How much are Commonwealth Bank international transaction fees?

by Guest8534  |  12 years, 7 month(s) ago

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Can someone tell me that how much are Commonwealth Bank international transaction fees? If someone knows about it please let me know.

 Tags: bank, Commonwealth, fees, INTERNATIONAL, transaction

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1 ANSWERS

  1. Guest2898
    International transaction fees are determined by the card scheme, either MasterCard or Visa.  These are:
    • Transactions converted by MasterCard® or Visa - 2.95% of the total transaction
    • Transactions converted by American Express® - 1.95% of the total transaction
    • Transactions overseas but in Australian dollars - 2.00% of the total transaction
    In addition, American Express transactions are also subject to a 1.50% American Express currency conversion factor which is included in the converted transaction amount.

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