Does anybody else do this?

keefr wrote:
It can be annoying when they post to a Canadian card in US dollars. You get nailed the bank's exchange on the initial posting and again on the credit back. I had a recent $10 charge - credit that cost me a couple of bucks. No wonder I hate banks :M

If you're talking about the bank's foreign currency conversion fees, I was under the impression that wasn't applied to charges like the $1.00 card verification charge, because they never get posted to your credit card balance, they only go to pending/authorized, and are removed before reaching posted. I could be wrong about that. Any Canadian bankers?
The best way to avoid the conversion fees is use a C$ credit card that either doesn't charge the conversion fee (almost non-existent), or one that pays you cash back at a higher rate than 2.5% which I believe is the big 5 bank's standard conversion fee. Rogers/Fido M/C both return 3% cash back on foreign currency transactions, so you actually gain .5% by using either of them. You have to manually call them each year before December and ask that your accumulated cash back be applied to your (January?) credit card balance. Minor pita, but worth it, I'd say.