Travelers using Uber in foreign countries may soon face additional costs due to a new policy. Starting from late February, users in the US, UK, Canada, and Europe will be automatically enrolled in a Preferred Currency Pricing feature that adds a 1.5% transaction fee. This charge applies specifically when paying with debit or credit cards, not alternative payment methods like gift cards or Uber Cash. To avoid this extra cost, travelers can adjust their app settings to pay in local currency. Understanding how to navigate these changes is crucial for budget-conscious travelers.

The introduction of this fee stems from Uber's decision to streamline its pricing model for international users. The company aims to offer convenience by allowing riders to view charges in their home currency. However, this comes at a price. For those residing in the US, UK, Canada, or European countries, opting into Preferred Currency Pricing means accepting an added 1.5% conversion fee. This feature is designed to benefit individuals whose credit cards impose higher foreign transaction fees, as it provides a predictable cost structure. Nonetheless, if your card does not charge such fees, enabling this option would result in unnecessary expenses.

To prevent incurring this fee, users should modify their app settings accordingly. Begin by opening the Uber application and navigating to the "Account" section. From there, select "Wallet" and locate the "Preferred Currency" option. By choosing "No preferred currency," you ensure that all transactions are processed in the local currency of your travel destination. This simple adjustment can save you money and provide a more transparent billing experience.

In addition to adjusting the app settings, users have the flexibility to change their currency preference at any point before confirming a ride. During the checkout process, simply opt out of Preferred Currency Pricing to avoid the 1.5% fee. With these steps, travelers can enjoy seamless and cost-effective rides while exploring foreign lands. By staying informed about these changes, you can make the most of your Uber experiences abroad without worrying about hidden charges.