Airfare watchdog just posted an article about a new credit card scam and debit card scam.
The first has to do credit card charges. It's called 'dynamic conversion' - when you agree that you want to be charged in US dollars you essentially authorize them to charge you a very high exchange rate, as high as 9%. The solution is to always say NO to having your charge converted to US$
The second has to do with using your debit card (specifically at airports.) Oftentimes now exchange outfits such as 'Travelex' provide exclusive service and while they claim no fees, they convert at retail exchange rates which can be more than 1-% in some locations. The solution is NOT to use airport ATMS and wait until you can go to a bank.
Has anyone experienced this? Here's the link to the article