An International Service Assessment Fee (ISA) is a foreign transaction fee charged by Visa. Since all transactions on U.S. issued credit cards are billed in US dollars, Visa converts any purchase or cash advance amount made in non-US currency outside of the US, Puerto Rico, or the US Virgin Islands into US dollars and applies a 1% processing fee. Purchases and cash advances made in US dollars outside of the US, Puerto Rico, or the US Virgin Islands are subject to a Visa fee of .80% for cross-border processing.
UNFCU displays these Visa fees as separate line items along with corresponding transaction details on member credit card statements.
Using your UNFCU VISA Credit Card for international transactions still offers you the best U.S. value for your money. If you exchanged currency with Travelex ®, a currency exchange company, you would be charged a flat US $5.50 fee for any amount up to US $550*. Plus if your card is ever lost or stolen while traveling, you are protected by VISA’s US $0 Liability Policy against fraudulent use.
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How UNFCU compares against the competition.**
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UNFCU VISA Credit Card |
Chase VISA Credit Card |
Citibank Premier Pass |
| ISA Fee Charged? |
Yes |
Yes |
Yes |
| % of Transactions |
1% |
3.5% |
3.0% |
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For questions and answers pertaining to the ISA Fee please click here.
* Travelex currency conversion transactions equaling more than US$550 are charged a 1% currency conversion rate.
** Comparison information made available from www.chase.com; www.citibank.com as of 5/23/2005.
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