I hope this isn't too far off topic, but a recent post to the New York Times website listed several credit cards that charge no or reduced foreign transaction fees. http://bucks.blogs.nytimes.com/2010/11/14/3-credit-cards-without-foreign-exchange-fees/?nl=your-money&emc=your-moneyema4 Included among these are the Chase British Airways Visa Signature Card, Chase Hyatt Card, the Chase Priority Club Select Visa Card, Capital One MasterCard/Visa, and the Pentagon Federal Promise Visa Card. I also want to warn everyone that, unlike in the USA, some establishments overseas take Visa but NOT MasterCard, and vice versa. I ran into this on a business trip to Milan, Italy, a few years ago over a weekend when most foreign exchange establishments were closed, making it difficult to even exchange traveler's cheques. Fortunately, my business associate had, by chance, both a Visa and a MasterCard, and he took care of my bill, but this might have posed a real problem. Bill Sheleski