"When using a credit card (CC) abroad or for international transactions, you should always choose the local currency (e.g., Euro if in Europe, Rupees if in India) rather than having the merchant convert it to your home currency"
Better Exchange Rates: Choosing the local currency ensures your credit card network (Visa, Mastercard) performs the conversion, which is generally much more favorable than the exchange rate offered by the merchant.
Avoid Dynamic Currency Conversion (DCC): If you choose to pay in your home currency, the merchant or ATM operator uses a process called DCC. They set their own, often unfavorable, exchange rates and may add hidden markup fees, resulting in a higher total cost.
Avoid Double Conversion Fees: Choosing your home currency can sometimes trigger a "double hit," where you pay both a bad conversion rate and an additional conversion fee.
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