Jul 16 2010, 04:32 PM
Recently I used my Amex card for a USD transaction and when I saw the statement I noticed the exchange they used was very high (3.42). When I called them they said Amex has a 2.5% surcharge added on.
With my Maybank MasterCard I notice their rate is about the same as the published forex rate (i.e. no surcharge). Just wondering what is the practice with other banks' credit cards? Got any surcharge?
Edit: I just saw the 1st post
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- Maybank VISA/MasterCard : 0.5%
- Maybank American Express with Maybank logo on top : 1.5%
- American Express : 2.5%
- CIMB Bank : 1%
- Hong Leong Bank VISA/MasterCard: 1%
- Public Bank : 1.25%
- Citibank : 1%
- HSBC : 1%
- EON Bank : 2%
- UOB Bank : 1%
- Standard Chartered : 1%
- OCBC bank : 1%
- Alliance : Nil
- Maybank American Express with Maybank logo on top : 1.5%
- American Express : 2.5%
- CIMB Bank : 1%
- Hong Leong Bank VISA/MasterCard: 1%
- Public Bank : 1.25%
- Citibank : 1%
- HSBC : 1%
- EON Bank : 2%
- UOB Bank : 1%
- Standard Chartered : 1%
- OCBC bank : 1%
- Alliance : Nil
Just wondering if above is still current. I called Maybank and HSBC, both said no surcharge (just follow bank's published rate). Dunno is the customer service operator correct or not.
This post has been edited by jchong: Jul 16 2010, 04:36 PM
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