Over the past few years, I have been lucky enough to do a notable amount of international travel. Before I depart I always convert a fixed amount of ZAR to the local currency of my destination and carry my credit card as a backup. The few occurrences that I used my credit card internationally I was always explicit to paying in that countries currency (all my experiences being with USD) and there is a very good reason for this.
Every so often I import items that aren’t available here in South Africa and I have been noticing more and more online retailers pushing DCC with all its imaginary benefits.
Using a recent Amazon purchase let me illustrate these unnecessary charges consumers fall prey to.
From my experience, it looks as if Amazon defaults to the currency of the credit card being used. This looks perfectly acceptable to an unsuspecting consumer till I switch the payment currency and complete some simple math.