People were already struggling with foreign transaction limits, and now from June 2, even normal overseas POS card usage reportedly comes with “up to 30%” charges and separate “up to 15%” cross-border fees according to the bank hotline.
At this point, people are not even sure what the final cost of using their own card abroad will be anymore.
If achieving this level of Fitch rating comes at the cost of squeezing ordinary people from every direction, then it is becoming an expensive achievement for the public.
And the worst part is, something this serious was introduced without properly informing the public beforehand.