Canadian on ebay.CA buying an item priced in US dollars. What should I expect?

[jonemyl]

Hello everyone.

I'm a Canadian and registered on ebay.ca. I have a Canadian credit card, a Canadian billing  address and a Canadian shipping address.

I see an item I'd like to buy from a seller who has priced his item in US dollars. Please see screenshot. It says

Price: US $4.99

               Approximately C $5.88.

Will ebay charge my credit card in US dollars (ignoring the C$5.88)? If so, I'm scared. I believe that in this situation, ebay will charge an extravagant foreign-exchange fee. Please tell me how much I can expect to see in my credit-card statement. (Unlike most other credit cards, mine doesn't charge me any foreign-exchange fees. Just the straight-on conversation rate.)

[femmefan1946]

Yes, this will be a US dollar transaction.

Don't panic.

Is your Paypal account tied to a credit card?

There is no fee to buyers for using Paypal.

Your credit card will do the foreign exchange  (around that 88 cents CDN difference between the currencies) and a small fee, usually in the 2.5% range on the difference. (About 3 cents).

So we are talking pennies here.

That 2.5% is pretty average on credit cards, not particularly extravagant.