Back in the day (between 1996 and 2006), the credit card companies used to hide the foreign transaction fee in the conversion rate on foreign purchases; nowadays they have to break it out and let you know how much they’re charging. Well, the reason they break it out is because they got sued and now they’ve settled - paying a minimum of $25 to anyone who qualifies and claims it. If you had foreign travel and used a credit card, you qualify!
There are three different claims you can make, depending on how much proof you can provide, but for the full scoop check out this comprehensive article on the Currency Conversion Fee Antitrust Litigation (MDL 1409) Settlement. You can take your time though, you have until May 30, 2008. You can also opt out of it if you’d like, you gotta do that by February 14, 2008.
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[...] from Daily Money Hack presents Easiest $25 Ever: Currency Conversion Fee Antitrust Settlement. Note that this is for Americans [...]
I think I will qualify. Thanks for the tip.
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