[namaste888]

Last time I used my credit card overseas, the exchange rate used by my bank was rather high. Do banks make a surcharge for use of the credit cards overseas? In this respect are any HK banks better than the others?

[KnowItAll]

There is a 3-5% spread that the banks take advantage of.

Use http://www.oanda.com to estimate credit card rates.

HK banks are usually more unregulated than banks in other countries. If its an issue .... get cash or travellers checks.

[Vic]

Actually in many European countries travellers checks are traded at a lower rate than cash. I guess it's the cost of security!

[HKFella]

Yes, but the exchange rate spread has gone higher in recent years. There was a time when credit card exchange rates were better than most, not any longer. ATM debit cards may end up the same way.