rewrite this title Uber To Charge Currency Conversion Fees Abroad – NerdWallet

Uber, which operates in almost 70 countries, is a popular way to get around when traveling internationally. You can avoid airport taxi driver scams, compare prices, type in your destination address in English, follow along the route using the app and pay with a credit card instead of having to exchange money.

But the rideshare company’s newest fee could make your rides abroad a little more expensive.

Uber’s “preferred currency pricing” feature, launches for riders in the U.S., Canada, the European Union and the United Kingdom on Feb. 27, 2025. It automatically shows prices of Uber rides in your home currency when traveling abroad, adding a 1.5% conversion fee.

Yes, it’s convenient to see the total in U.S. dollars so you don’t have to do math in your head. But if you don’t want to waste your travel dollars on another pesky fee, you can — and should — side-step the charge by switching off this feature before your next international trip.

Uber’s latest feature isn’t unique. If you’ve ever made a purchase abroad in U.S. dollars, you might have paid a currency conversion fee. These show up when merchants ask you if you want to pay in U.S. dollars. If you say yes, they’ll show you a converted total, including additional charges for the service of making the conversion at the point-of-sale. This is basically what Uber is doing with its new feature.

Currency conversion fees are separate from foreign transaction fees, the 1% to 3% fees charged by financial institutions when you make international purchases on debit or credit cards. It’s possible to pay both of these fees on the same transaction. With Uber, you can avoid the currency conversion fee by turning off the preferred currency feature.

Separately, you can avoid a foreign transaction fee by using cards that don’t charge these.

Uber turns on preferred currency pricing by default, converting international transactions to your home currency. For U.S.-based riders, that means your charges for Uber trips abroad will be displayed in U.S. dollars, with a 1.5% fee added. Uber is essentially including a currency conversion fee into your total charge.

But you can avoid this by going into your account and switching off this feature.

Open your Uber app, and click on the “Account” button in the bottom right of the app. Then click on “Wallet” toward the top, and scroll down to where it says “Preferred currency.”

Then click on “No preferred currency” and then “Confirm.” This means you will always see the cost for your trip in the local currency where you are booking the ride.

Uber’s currency conversion fees aren’t the only fees to watch out for when traveling abroad. Even when the merchant converts an international purchase into U.S. dollars, debit and credit cards will still charge foreign transaction fees on those transactions. If you want to earn rewards and avoid these fees, check out NerdWallet’s list of the best credit cards with no foreign exchange fee.