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BMO - Should I get a credit card?When converting foreign currency transactions into CAD, Mastercard uses the current exchange rate plus % of the transaction?. This is a. The charges, fees and pricing listed are valid as of April 10, , unless otherwise noted, and are subject to change. Annual interest rate or rates. These. Foreign ATM: 3% of transaction or $5, whichever is greater plus $5 usage fee for non-Bank of America ATM. Foreign Transactions: 3%. Institution. Citibank.