Clarification on card ATM currency rates
I was told that the card at ATM uses the MasterCard posted current currency rates. Today they were listed CAD to USD at 0.949397 %
I have been following what I am being charged for a couple weeks and about 4.5 to 5% is being lost. For example today the rate I was actually charged was not .95 but 1.00
Does the card have a 5% ATM fee?