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-   -   Swiss credit cards - air miles, reward points? (https://www.englishforum.ch/finance-banking-taxation/276067-swiss-credit-cards-air-miles-reward-points.html)

MDP 19.10.2017 17:51

Swiss credit cards - air miles, reward points?
 
Any one know if any of the Swiss banks or other institutions do a credit card with air miles or bonus points attached?

I am encouraged to use my own credit card to book work related accommodation, care rentals meals etc. when on company business, it appears if I was anywhere else than Switzerland I could get card that awards spending like the Hilton HHonors card and benefit personally when I'm paying.

Enohzee 19.10.2017 17:54

Re: Swiss credit cards - air miles, reward points?
 
I have a UBS card and they offer 'Keyclub points' - you acquire an amount based on what you spend and can then spend the points on different things..


No idea about any others, but might be worth looking at.

ivank 19.10.2017 17:58

Re: Swiss credit cards - air miles, reward points?
 
Credit card companies have been hard pressed into cutting commissions so good offers are hard to come by these days.

One of the more generous offers is TCS Mastercard Gold - 1% kickback in cash.

Free cards from cumulus and coop give about 0.3% in respective store points

tomplender 19.10.2017 18:14

Re: Swiss credit cards - air miles, reward points?
 
Cards provided through Viseca (such as the Cantonal Bank Mastercard) have a reward programme called Surprize. We have a gold card and try to use it for every purchase, large or small, and each year we build up enough points to get the annual card fee waived, plus some left over to exchange for shopping vouchers.

ivank 19.10.2017 18:40

Re: Swiss credit cards - air miles, reward points?
 
No
Quote:

Originally Posted by tomplender (Post 2862735)
Cards provided through Viseca (such as the Cantonal Bank Mastercard) have a reward programme called Surprize. We have a gold card and try to use it for every purchase, large or small, and each year we build up enough points to get the annual card fee waived, plus some left over to exchange for shopping vouchers.

If you want to make your comment useful, state the monetary value of these points

BostonToZurich 19.10.2017 19:00

Re: Swiss credit cards - air miles, reward points?
 
Not to steal the thread from the OP, but this is an issue that I'll be wrestling with when I move to Switzerland. I'm a huge miles and points guy in the US. Probably have 15 different credit cards, but use 2 of them mostly.

But, from what I have read the idea of miles and points, don't really translate to switzerland. They don't have a Chase Saphire Reserve, or a Citi Prestige style card.

You could continue to use your US (or whatever country you may be from originally) based cards, as long as they don't have foreign exchange fees, and most reward earning cards don't. The issue will be paying the bill. pay from US accounts or transfer cash back to pay them, which has it's own costs, which coupon negate any rewards...

nigelr 19.10.2017 19:02

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by BostonToZurich (Post 2862754)
Not to steal the thread from the OP, but this is an issue that I'll be wrestling with when I move to Switzerland. I'm a huge miles and points guy in the US. Probably have 15 different credit cards, but use 2 of them mostly.

But, from what I have read the idea of miles and points, don't really translate to switzerland. They don't have a Chase Saphire Reserve, or a Citi Prestige style card.

You could continue to use your US (or whatever country you may be from originally) based cards, as long as they don't have foreign exchange fees, and most reward earning cards don't. The issue will be paying the bill. pay from US accounts or transfer cash back to pay them, which has it's own costs, which coupon negate any rewards...

Just a question, please don't get annoyed, but why the hell would any normal person need 15 credit cards?

BostonToZurich 19.10.2017 19:12

Re: Swiss credit cards - air miles, reward points?
 
No, it's a good question! A lot of us (points and miles people), will open a credit card with an airline. Now, every time we fly that airline we get free baggage. Those costs savings add up.

I open a new hotel credit card for 50K points and two free nights. I spend the minimum required to get the 50K points, now I've got 3 nights at the Park Hyatt Sidney Opera House for free. Those rooms can be 800-1100 a night!

You could close the card after, but in most cases it actually helps to keep it open. I don't carry a balance on any card, but leaving the cards open increases my available credit and I utilize very little of that credit so my credit score increases.

It's quote the opposite of what most people thing. If I did all 15 cards in 1 year.. yes, then my credit report would look horrible, but you do this over the course of a few years, you churn and burn some. But in the end, you continue to use 2 or so for your daily needs. 1 travel, 1 for entertainment.. something like that.

roegner 19.10.2017 19:14

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by nigelr (Post 2862755)
Just a question, please don't get annoyed, but why the hell would any normal person need 15 credit cards?

To shift the debt?

YuropFlyer 19.10.2017 19:18

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by nigelr (Post 2862755)
Just a question, please don't get annoyed, but why the hell would any normal person need 15 credit cards?

In the US you can get up to 50.000 miles for a simple signup.

Signup, keep the card for 1 year (or otherwise minimum term), cut it and quit, after another year repeat it.

There are tons of companies offering that in the US.

They can do it because plenty of customers are stupid AND keep on having a negative balance on the card = super high interest to pay. Apparently thats normal in the US.

Behavior here, where 95% pay on time is hardly seen there. Banks here charge you an arm and a leg for "foreign" transactions. And bonus/cashback is seldom.

OP: Best you can get are like 20k miles from either Corner or SwissCard. But they are not as customer friendly as you might have been used in the US. The churning game wont work here.

For more information I suggest checking Flyertalk, Swiss subsection. Got a thread about it all.

BostonToZurich 19.10.2017 19:39

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by roegner (Post 2862759)
To shift the debt?

Oh, there's zero debt. It's all a points and miles game! Balance is paid in full every month. Otherwise you loose the benefit of points and miles with high interest fees.

axman 19.10.2017 20:55

Re: Swiss credit cards - air miles, reward points?
 
If you fly a lot for business, you might get enough miles to be a Swiss Senator (star alliance gold equivalent). Then you can get Amex/MasterCard for free, which you can use to collect even more miles.

I understand why 15 cards makes sense if you are collecting miles, but in Switzerland, hardly any credit cards are free - every card you have will cost you at least Fr.100 per year.

poot 19.10.2017 21:06

Re: Swiss credit cards - air miles, reward points?
 
Get a Cornercard Miles & More card; air miles for every spend on it, and Cornercard is a great company to deal with vs the usual (eg Swisscard)

Bonhomme 19.10.2017 21:48

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by poot (Post 2862825)
Get a Cornercard Miles & More card; air miles for every spend on it, and Cornercard is a great company to deal with vs the usual (eg Swisscard)

Cornercard gives 1 mile per CHF 2....whereas Swisscard give 1.5 miles for every CHF 2 spent worldwide when you pay with your SWISS Miles & More American Express... and the welcome bonuses are not the same either.

YuropFlyer 19.10.2017 21:51

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by Bonhomme (Post 2862843)
Cornercard gives 1 mile per CHF 2....whereas Swisscard give 1.5 miles for every CHF 2 spent worldwide when you pay with your SWISS Miles & More American Express... and the welcome bonuses are not the same either.

Foreign spending is expensive with both, though.

Diners from Corner has 1 mile per 1 CHF. But acceptance could be better. Amex isnt accepted everywhere too..

I have dropped out of the credit card game mostly because its just not worth in Switzerland very much.

Wisconsinite 20.10.2017 09:11

Re: Swiss credit cards - air miles, reward points?
 
It's not a big deal when you realize that they probably don't have these kind of deals here because either there are not so many stupid people here or there are laws protecting them or both.

While you may miss out on some points, the benefits of living in a society with less stupid people far outweighs it.

Quote:

Originally Posted by YuropFlyer (Post 2862761)
In the US you can get up to 50.000 miles for a simple signup.

Signup, keep the card for 1 year (or otherwise minimum term), cut it and quit, after another year repeat it.

There are tons of companies offering that in the US.

They can do it because plenty of customers are stupid AND keep on having a negative balance on the card = super high interest to pay. Apparently thats normal in the US.

Behavior here, where 95% pay on time is hardly seen there. Banks here charge you an arm and a leg for "foreign" transactions. And bonus/cashback is seldom.

OP: Best you can get are like 20k miles from either Corner or SwissCard. But they are not as customer friendly as you might have been used in the US. The churning game wont work here.

For more information I suggest checking Flyertalk, Swiss subsection. Got a thread about it all.


tomplender 20.10.2017 11:00

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by ivank (Post 2862746)
No
If you want to make your comment useful, state the monetary value of these points

That's a strangely unfriendly response :(

Surprize is not a straight cashback scheme, you collect points to exchange for an extensive range of gifts or vouchers (for stores like Manor, for Swiss, travel agencies, BP, lots of different stuff). The rate of return for the vouchers varies widely. They give 1 point per CHF spent, but you earn double points at the Migros and Coop. For 48,000 points the annual fee is waived. Recently they were offering 20 CHF Manor vouchers for 5200 points, but that was a special offer.

Blueangel 20.10.2017 11:24

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by MDP (Post 2862714)
... it appears if I was anywhere else than Switzerland I could get card that awards spending like the Hilton HHonors card and benefit personally when I'm paying.

That's not the case at all.

Some employers - particularly government bodies - prohibit their employees privately benefiting from business travel arangements. Please check with your HR department before going down this route.

By 'own credit card', do you mean your personal card, or your personal business card issued by your employer as opposed to a centralised / lodge card?

Does your employer have a travel management company? Do they have a list of prefered travel and/or accommodation suppliers?

martin959 20.10.2017 11:29

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by tomplender (Post 2862735)
Cards provided through Viseca (such as the Cantonal Bank Mastercard) have a reward programme called Surprize. We have a gold card and try to use it for every purchase, large or small, and each year we build up enough points to get the annual card fee waived, plus some left over to exchange for shopping vouchers.

Hi Tom, where can I see the "prizes" that can be exchanged for the points? :D

Neilsan 20.10.2017 13:09

Re: Swiss credit cards - air miles, reward points?
 
Google Swiss Miles and more credit card...

tomplender 20.10.2017 13:39

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by martin959 (Post 2862956)
Hi Tom, where can I see the "prizes" that can be exchanged for the points? :D

https://www.surprize.ch/uberraschungen-pramien :)

MDP 04.11.2017 09:35

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by Blueangel (Post 2862954)
That's not the case at all.

Some employers - particularly government bodies - prohibit their employees privately benefiting from business travel arangements. Please check with your HR department before going down this route.

By 'own credit card', do you mean your personal card, or your personal business card issued by your employer as opposed to a centralised / lodge card?

Does your employer have a travel management company? Do they have a list of prefered travel and/or accommodation suppliers?

The company I work for (non Gov) prefers individuals to pay for travel and accom from their own card, even via our travel management company and then claim it back, I do have a company card buts it's a pain (no online statement access).

The reason for the thread that if I sourced a card specifically for work travel and keep it separate from my personal finances, could there be a benefit?

YuropFlyer 04.11.2017 09:37

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by MDP (Post 2869468)
The company I work for (non Gov) prefers individuals to pay for travel and accom from their own card, even via our travel management company and then claim it back, I do have a company card buts it's a pain (no online statement access).

The reason for the thread that if I sourced a card specifically for work travel and keep it separate from my personal finances, could there be a benefit?

You wouldn't have to go through keeping all the receipts (if the company trusts you - which I assume here) and just handing in the whole statement?

MDP 04.11.2017 09:41

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by ivank (Post 2862722)
Credit card companies have been hard pressed into cutting commissions so good offers are hard to come by these days.

One of the more generous offers is TCS Mastercard Gold - 1% kickback in cash.

Free cards from cumulus and coop give about 0.3% in respective store points

Thanks I'll have a look at this.

taduncombe 13.12.2017 16:59

Re: Swiss credit cards - air miles, reward points?
 
Another credit card nerd here (but brand new to Switzerland). Even outside of churning (maximizing credit card signup bonuses) there are some awesome cash-back US / UK cards you should be using here in Switzerland regularly. My current favorite is the Uber Card from Barclays. Even if you're required to pay currency conversion fees to pay your bills (just 1% if you use Transferwise), it pays off. Details below:

https://www.uber.com/en-CH/c/uber-credit-card/
-4% cash back for restaurants
-3% cash back for hotels and flights
-2% cash back for all online purchases
-1% cash back for everything else
-No foreign transaction fee
-No annual fee
-Chip+Sig AND Chip+Pin technology (it uses pin when signature is not available, e.g. at kiosks)
-Pay your cell phone bill with it and get $600 in damage and theft protection

If you need to convert CHF to USD (or GBP), Transferwise costs just 1%. You're either breaking even or in the green on every use. Plus, maintaining an active credit history can be good if you ever want to repatriate.

As I'm a newbie in CH, I'm wondering if anyone else knows if there a way to pay off US cards from a Swiss bank account with no currency conversion fees? (or less than the 1% at Transferwise)

roegner 13.12.2017 17:09

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by taduncombe (Post 2885498)
(just 1% if you use Transferwise)

Thatīs not "just" for me

Treverus 13.12.2017 17:15

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by nigelr (Post 2862755)
Just a question, please don't get annoyed, but why the hell would any normal person need 15 credit cards?

To explain this to the people who have never lived in a country where credit cards actually offer some value: When I lived in Asia was it completely normal to have great deals offered by credit card companies. You go to a restaurant and there is some sign on the table "If you pay with your xyz bank Amex here this month do you get 50% off!". As a result does everyone get a card by most major banks to benefit from these offer... which are on all the time. And here is the shocker for Swiss banks: They offer these cards for free! Nix, nothing, nada... just like that! There is an official price attached to them, but every single one is "free for the first year" and once you get the following years bill do you call and say "you either waive that or I want to cancel the card" and then it's free forever.

I even got a free platinum card with the whole travel insurance thing, the aiport lounge access and what not when I took out a mortgage.

The bottom line is: No, there are no great CC offers in Switzerland. All cards are essentially issued by the two main players in the market which makes it as dull as the Migros/Coop duopoly does for Swiss shopping. Get one set of two cards (as many shops dont accept all mayor cards should you get two different ones) your bank and stick to it. No point splitting up the usage over more cards.

taduncombe 13.12.2017 17:18

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by roegner (Post 2885503)
Thatīs not "just" for me

Fair enough. Is there a way to avoid that 1%? Despite the bonuses making it worth it, I'll still amount hundreds of CHF per year in fees that I'd prefer to avoid!

roegner 13.12.2017 17:24

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by taduncombe (Post 2885498)
Another credit card nerd here (but brand new to Switzerland). Even outside of churning (maximizing credit card signup bonuses) there are some awesome cash-back US / UK cards you should be using here in Switzerland regularly. My current favorite is the Uber Card from Barclays. Even if you're required to pay currency conversion fees to pay your bills (just 1% if you use Transferwise), it pays off. Details below:

https://www.uber.com/en-CH/c/uber-credit-card/
-4% cash back for restaurants
-3% cash back for hotels and flights
-2% cash back for all online purchases
-1% cash back for everything else
-No foreign transaction fee
-No annual fee
-Chip+Sig AND Chip+Pin technology (it uses pin when signature is not available, e.g. at kiosks)
-Pay your cell phone bill with it and get $600 in damage and theft protection

If you need to convert CHF to USD (or GBP), Transferwise costs just 1%. You're either breaking even or in the green on every use. Plus, maintaining an active credit history can be good if you ever want to repatriate.

As I'm a newbie in CH, I'm wondering if anyone else knows if there a way to pay off US cards from a Swiss bank account with no currency conversion fees? (or less than the 1% at Transferwise)

Are you sure that is ALL restaurants, hotels etc? Website says it is according to MCC and that could in principle include but also exclude a lot.


Annual Fee: $0. For purchases and balance transfers, the variable APR is 15.99%, 21.74% or 24.74% depending upon our review of your application and your credit history at account opening. The variable APR for cash advances is 25.99%. The APRs on your account will vary with the market based on the Prime Rate. The minimum monthly interest charge will be $0.50. Balance transfer fee: 3% (min. $10). Cash advance and cash equivalent fees: 5% (min. $10). Foreign transaction fee: 0%. This information is accurate as of 10/25/2017 and is subject to change after this date. See Terms and Conditions for more information about the terms of this offer.

taduncombe 13.12.2017 17:38

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by roegner (Post 2885513)
Are you sure that is ALL restaurants, hotels etc? Website says it is according to MCC and that could in principle include but also exclude a lot.

I've been in CH less than a week, so I haven't been able to check personally. In the US it was very reliable (over 90%) for both restaurants and bars to use the Merchant category codes (MCC) recognized by restaurant/dining rewards credit cards (also for travel purchases, etc.). If you'd like, I could provide an update on my experience in a month or so to see if it proves true in CH as well.

eyebeebe 13.12.2017 20:02

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by taduncombe (Post 2885498)
Another credit card nerd here (but brand new to Switzerland). Even outside of churning (maximizing credit card signup bonuses) there are some awesome cash-back US / UK cards you should be using here in Switzerland regularly. My current favorite is the Uber Card from Barclays. Even if you're required to pay currency conversion fees to pay your bills (just 1% if you use Transferwise), it pays off. Details below:

https://www.uber.com/en-CH/c/uber-credit-card/
-4% cash back for restaurants
-3% cash back for hotels and flights
-2% cash back for all online purchases
-1% cash back for everything else
-No foreign transaction fee
-No annual fee
-Chip+Sig AND Chip+Pin technology (it uses pin when signature is not available, e.g. at kiosks)
-Pay your cell phone bill with it and get $600 in damage and theft protection

If you need to convert CHF to USD (or GBP), Transferwise costs just 1%. You're either breaking even or in the green on every use. Plus, maintaining an active credit history can be good if you ever want to repatriate.

As I'm a newbie in CH, I'm wondering if anyone else knows if there a way to pay off US cards from a Swiss bank account with no currency conversion fees? (or less than the 1% at Transferwise)

So the card is billed in USD? Meaning you have an FX charge when you make a purchase in CHF. Then call it a month later when you have to pay your bill you again have to change CHF into USD. So before you take into account any movements in the FX rate between time of purchase and time of bill payment you are paying two sets of transaction fees. Are you sure that itís really such a great deal? Also is the mobile phone insurance valid in Switzerland and can you even pay your bill by CC here? Iíve never seen that as an option.

Treverus 13.12.2017 21:48

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by eyebeebe (Post 2885555)
Also is the mobile phone insurance valid in Switzerland and can you even pay your bill by CC here? Iíve never seen that as an option.

Default option with salt.

Tom1234 13.12.2017 22:03

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by Blueangel (Post 2862954)
That's not the case at all.

Some employers - particularly government bodies - prohibit their employees privately benefiting from business travel arangements. Please check with your HR department before going down this route.

And some don't give a damn. They accept that's a small perk considering you're giving up evenings and weekends to travel to, and from places of work abroad for work, but in your own time.

At least that's how it's seen with all the companies I have worked for that have involved international travel.

taduncombe 13.12.2017 22:35

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by eyebeebe (Post 2885555)
So the card is billed in USD? Meaning you have an FX charge when you make a purchase in CHF.

No. The credit card I mentioned does not have a foreign transaction fee. Effectively all travel cards do not have foreign fees and it is becoming very common for other cards as well (e.g. Uber card and Amazon card, both great).

2x2 13.12.2017 23:47

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by taduncombe (Post 2885498)
As I'm a newbie in CH, I'm wondering if anyone else knows if there a way to pay off US cards from a Swiss bank account with no currency conversion fees? (or less than the 1% at Transferwise)

Revolut doesn't charge any conversion fees and uses interbank rate for FX. The only charge is your bank fee for transferring CHF to their UK account (also in CHF), but that's a flat fee of only a few francs.
Comes out cheaper than Transferwise.

taduncombe 14.12.2017 00:34

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by 2x2 (Post 2885611)
Revolut doesn't charge any conversion fees and uses interbank rate for FX.

Thanks! Revolut really appears to be a gem. I can even benefit from the cheap/free currency exchanges without using the Revolut credit card.

According to my reading of terms, there should be no exchange fees if you stay under a 6k CHF exchange per-month threshold (above is 0.5%, still better than Transferwise) and conduct transfers during the week (weekends include a 0.5% markup).

Quote:

Currency exchange transactions (Currency exchange and cross-currency card purchases, withdrawals, and bank transfers):
Live market rate* with no fees, up to £5,000/ Ä6,000/ Fr6,000/ 20,000zl (or currency equivalent) per month. A 0.5% fee applies thereafter**
https://www.revolut.com/ch/faq#are-there-any-charges

Quote:

At the weekend (Friday 23:59 - Sunday 23:59) we apply a small mark up on the spot rate as the Forex markets are closed. We take the rate from Friday 23:59 and apply a 0.5% mark up on major currencies
https://www.revolut.com/ch/faq#what-...ate-will-i-get

There are other fees as well, but for my usage, it looks like I could effectively avoid them all. I'll give it a try later this week. Thanks for the heads up!

taduncombe 14.12.2017 00:46

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by 2x2 (Post 2885611)
The only charge is your bank fee for transferring CHF to their UK account (also in CHF), but that's a flat fee of only a few francs.

Perhaps you could avoid that fee by directly topping up your CHF account with your Swiss debit card. https://www.revolut.com/ch/faq#will-...top-up-by-card

J2488 14.12.2017 08:54

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by roegner (Post 2885513)
Are you sure that is ALL restaurants, hotels etc? Website says it is according to MCC and that could in principle include but also exclude a lot.


Annual Fee: $0. For purchases and balance transfers, the variable APR is 15.99%, 21.74% or 24.74% depending upon our review of your application and your credit history at account opening. The variable APR for cash advances is 25.99%. The APRs on your account will vary with the market based on the Prime Rate. The minimum monthly interest charge will be $0.50. Balance transfer fee: 3% (min. $10). Cash advance and cash equivalent fees: 5% (min. $10). Foreign transaction fee: 0%. This information is accurate as of 10/25/2017 and is subject to change after this date. See Terms and Conditions for more information about the terms of this offer.

In many cases, the offers only apply if the currency is the same and/or it is the same country of issue. i.e. a UK credit card that offers 4% cashback on restaurants, may not cover restaurants in Switzerland.

And with regards to 'being in the green every month' keep in mind that credit card FX rates are amongst the worst around. So while transferwise might only cost 1%, that actual amount charged by the credit card will be artificially high. you save a little when paying it off, but it costs you more overall.

taduncombe 14.12.2017 09:41

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by J2488 (Post 2885644)
In many cases, the offers only apply if the currency is the same and/or it is the same country of issue. i.e. a UK credit card that offers 4% cashback on restaurants, may not cover restaurants in Switzerland.

And with regards to 'being in the green every month' keep in mind that credit card FX rates are amongst the worst around. So while transferwise might only cost 1%, that actual amount charged by the credit card will be artificially high. you save a little when paying it off, but it costs you more overall.

Visa and Mastercard are transparent about the exchange rates that they charge. The very rough analyses I've read don't show significant markups on exchange rates - although I agree this is something to watch out for. I'd love some better literature on the subject if you have it. https://www.doctorofcredit.com/forei...rd-issuers-use

As a side note to using foreign credit cards, NEVER NEVER NEVER use dynamic currency conversion. That is, when they give you an option to charge your card in USD or GBP instead of CHF, say hell no. It is a scam: https://thepointsguy.com/2015/06/dyn...cy-conversion/

roegner 14.12.2017 09:59

Re: Swiss credit cards - air miles, reward points?
 
Quote:

Originally Posted by taduncombe (Post 2885670)
Visa and Mastercard are transparent about the exchange rates that they charge.

Yes, high ones so you pay a lot for that sevice


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