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Is the BMO Preferred Rate Mastercard Worth It Honest Review \u0026 BreakdownThis means that credit card providers charge about % for every transaction that's not in Canadian dollars. So, if you're a frequent traveller, shop across. The typical transaction fee is % but you should always check your credit card's terms and conditions to make sure. However, the card's network may markup the exchange rate by a small amount. Visa and Mastercard exchange rate markups. In addition to the.