US credit card cannot be used directly by Canadians

Donald36
Level 1
United States

US credit card cannot be used directly by Canadians

I am a Canadian and live in Canada. I have a USD denominated Credit card that I use to make direct purchases in USD without any conversion. It is very useful as I don't have to deal or worry about daily currency fluctuations. I bought my USD a long time ago at much more favorable rates than now.

 

Unfortunately, Airbnb still converts USD to CAD and charges a 3% commission on top of that. I called Airbnb to complain and they said the currency is based on the address on my card. I do have a U.S. address ont eh card though it is a Canadian bank one. No one at Aribnb seems to know the solution of how to get a USD credit card billed directly in USD without conversion.

 

They were nice and gave me a credit ,but this will affect all my future reservations as I would be paying more due to this conversion policy that I cannot get around. They said they wil put this in a special investigation case. I complained last year and they said the same thing but nothing's changed.

 

Does anyone know how to get a credit card charged without foreign exchange rate conversion on the Airbnb site. ? I changed my account settings to billing country US and USD but to no avail. I thought there is a place in their site to check off the currency to be charged?

 

No other U.S. company does that. I can always use my credit card to be billed directly in USD.

1 Reply 1

What you have is a Canadian bank issuing you a card in US dollars.  Card is not a US card, it is a Canadian card that they are converting (and charging you) to make those purchases. There is a difference between a Currency Exchange Rate and Foreign Transaction Fee.  https://www.nerdwallet.com/blog/credit-cards/foreign-transaction-vs-currency-conversion-fees-differe...  Having a Candian card may still be costing you the Transaction Fee.  Check the Schumer box on your credit card issuer’s site for fee information.

Airbnb is not pocketing the cost of the conversion, that is going to the banks.  It's a fee Airbnb has to pay that they pass on to you.  

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