What currency is used for my credit card account if I apply for one from a foreign bank?

Answered on August 05, 2010
Updated on August 05, 2010
The content is accurate at the time of publication and is subject to change.
James Williams James Williams
Generally for credit card accounts issuing banks use currency of the county they are located in, for example if you apply for a credit card from American Express in UK, you will have a pound sterling account, Euro will be used for Belgian credit cards, Canadian Dollar for Canadian, etc. Though some foreign issuing companies may offer U.S. Dollar Credit Cards which maybe convenient for those who live in U.S. for a long period or travel there frequently, they help avoid fluctuating currency exchange rates and currency conversion fees.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

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