Credit Card Foreign Exchange Rate

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Credit Card Foreign Exchange Rate

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kwokwah	Feb 5 2016, 06:02 PM Show posts by this member only \| Post #1021
On my way Junior Member 584 posts Joined: Oct 2005	I'm very surprised that UOB is among those charging the lowest rates (1%). All this while I thought Maybank was the best. Does it apply for all their cards?
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nitehawk	Feb 15 2016, 10:59 AM Show posts by this member only \| Post #1022
On my way Senior Member 699 posts Joined: May 2006	Where can I find Visa and MasterCard exchange rate?
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kyle_kl	Feb 17 2016, 06:45 PM Show posts by this member only \| Post #1023
Regular Senior Member 1,057 posts Joined: Oct 2011	Credit Card: Aeon Watami Transaction Date: 2 Jan 2016 Posting Date: 5 Jan 2016 Amount in Thai Bath: 4890.39 Amount billed in MYR: 597.2 Visa rate: 0.120825 Charged rate: 0.122117 Difference: 1.07% This post has been edited by kyle_kl: Feb 25 2016, 12:24 AM
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SamD	Feb 21 2016, 08:17 AM Show posts by this member only \| Post #1024
Getting Started Junior Member 101 posts Joined: Jun 2006	Ambank World MasterCard Trnx Date : 16 Feb Transaction Amount : USD33 Amount Charged : RM137.68 Exchange Rate : 4.1721 Forex Rate from MasterCard : 4.1680 Admin Fee : 1.00%
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Human Nature	Feb 21 2016, 11:35 AM Show posts by this member only \| IPv6 \| Post #1025
- student of human nature - All Stars 26,520 posts Joined: Jan 2003	QUOTE(SamD @ Feb 21 2016, 08:17 AM) Ambank World MasterCard Trnx Date : 16 Feb Transaction Amount : USD33 Amount Charged : RM137.68 Exchange Rate : 4.1721 Forex Rate from MasterCard : 4.1680 Admin Fee : 1.00% very nice!
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kenjixx

Feb 22 2016, 10:44 AM

Show posts by this member only | Post #1026

my home hero

Senior Member
741 posts

Joined: Oct 2006
From: KL/Ampang

Transaction Type	Aeon Watami
Transaction Date	18/02/2016
Posting Date	21/02/2016
Transaction amount	JPY13330
Amount charged	RM508.07
rate	0.03811
visa rate	0.037275 @ 18/02/2016 @ 0.0% foreign transaction fee
Difference	(0.03811 - 0.037275) / 0.037275 =2.25%
visa rate	0.037737 @ 21/02/2016 @ 0.0% foreign transaction fee
Difference	(0.03811 - 0.037737) / 0.037737 =1.00%

Transaction Type	Aeon Watami
Transaction Date	20/02/2016
Posting Date	22/02/2016
Transaction amount	JPY2290
Amount charged	RM87.28
rate	0.03811
visa rate	0.037737 @ 20/02/2016 @ 0.0% foreign transaction fee
Difference	(0.03811 - 0.037737) / 0.037737 =1.00%
visa rate	0.037737 @ 22/02/2016 @ 0.0% foreign transaction fee
Difference	(0.03811 - 0.037737) / 0.037737 =1.00%

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Devil4life

Feb 22 2016, 04:53 PM

Show posts by this member only | Post #1027

Enthusiast

Senior Member
986 posts

Joined: Sep 2011

QUOTE(kenjixx @ Feb 22 2016, 10:44 AM)

|Transaction Type|Aeon Watami|

Transaction Date	18/02/2016
Posting Date	21/02/2016
Transaction amount	JPY13330
Amount charged	RM508.07
rate	0.03811
visa rate	0.037275 @ 18/02/2016 @ 0.0% foreign transaction fee
Difference	(0.03811 - 0.037275) / 0.037275 =2.25%
visa rate	0.037737 @ 21/02/2016 @ 0.0% foreign transaction fee
Difference	(0.03811 - 0.037737) / 0.037737 =1.00%

Transaction Type	Aeon Watami
Transaction Date	20/02/2016
Posting Date	22/02/2016
Transaction amount	JPY2290
Amount charged	RM87.28
rate	0.03811
visa rate	0.037737 @ 20/02/2016 @ 0.0% foreign transaction fee
Difference	(0.03811 - 0.037737) / 0.037737 =1.00%
visa rate	0.037737 @ 22/02/2016 @ 0.0% foreign transaction fee
Difference	(0.03811 - 0.037737) / 0.037737 =1.00%

Why there is 2 rates? One based on transaction date and the other is posting?

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kenjixx	Feb 22 2016, 05:20 PM Show posts by this member only \| Post #1028
my home hero Senior Member 741 posts Joined: Oct 2006 From: KL/Ampang	QUOTE(Devil4life @ Feb 22 2016, 04:53 PM) Why there is 2 rates? One based on transaction date and the other is posting? yes one for each kinda suspect aeon using posting date for the calculation
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adele123

Mar 2 2016, 09:12 AM

Show posts by this member only | Post #1029

Look at all my stars!!

Senior Member
4,722 posts

Joined: Jul 2013

Transaction Type	CIMB Cash Rebate
Transaction Date	27/02/2016
Posting Date	01/03/2016
Transaction amount	GBP252
Amount charged	RM1523.23
rate	1myr=0.1654379
master rate	1myr=gbp0.168744
Difference	2%

EDIT: this is kinda high... i used the wrong rate?

EDIT: updated

This post has been edited by adele123: Apr 14 2016, 01:15 PM

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little man	Mar 3 2016, 11:21 PM Show posts by this member only \| Post #1030
Getting Started Junior Member 61 posts Joined: Apr 2010	QUOTE(kenjixx @ Feb 22 2016, 05:20 PM) yes one for each kinda suspect aeon using posting date for the calculation Transaction Type ~ PB MasterCard Lifestyle Debit Card Transaction Date ~ 28/2/2016 Posting Date ~ 1/3/2016 Transaction amount ~ NZD 92.06 Amount charged ~ RM275.96 MC rate @ posting @ 0% ~ 1 NZD= 2.76 MYR posted rate ~ 1 NZD= 2.995 MYR Difference (2.995 - 2.76 ) / 3.6022 = 2.35% what so high rate? @edwardccg
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kenjixx

Mar 4 2016, 11:36 AM

Show posts by this member only | Post #1031

my home hero

Senior Member
741 posts

Joined: Oct 2006
From: KL/Ampang

QUOTE(adele123 @ Mar 2 2016, 09:12 AM)

|Transaction Type|CIMB Cash Rebate|

Transaction Date	27/02/2016
Posting Date	01/03/2016
Transaction amount	GBP252
Amount charged	RM1523.23
rate	6.044563
master rate	5.84467
Difference	3.42%

EDIT: this is kinda high... i used the wrong rate?

where did you get the rate from ??

QUOTE(little man @ Mar 3 2016, 11:21 PM)

Transaction Type ~ PB MasterCard Lifestyle Debit Card
Transaction Date ~ 28/2/2016
Posting Date ~ 1/3/2016
Transaction amount ~ NZD 92.06
Amount charged ~ RM275.96
MC rate @ posting @ 0% ~ 1 NZD= 2.76 MYR
posted rate ~ 1 NZD= 2.995 MYR

Difference (2.995 - 2.76 ) / 3.6022 = 2.35%
what so high rate? @edwardccg

(2.995 - 2.76 ) / 2.76 = 8.5% i count much higher

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little man	Mar 4 2016, 12:18 PM Show posts by this member only \| Post #1032
Getting Started Junior Member 61 posts Joined: Apr 2010	QUOTE(kenjixx @ Mar 4 2016, 11:36 AM) where did you get the rate from ?? (2.995 - 2.76 ) / 2.76 = 8.5% i count much higher May i know why so higher rate and somebody post like photo rate how can get in?tq
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adele123	Mar 4 2016, 10:28 PM Show posts by this member only \| Post #1033
Look at all my stars!! Senior Member 4,722 posts Joined: Jul 2013	QUOTE(kenjixx @ Mar 4 2016, 11:36 AM) where did you get the rate from ?? Mastercard website lo. the link on the first post. i used posting date. not transaction date...
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xHj09	Mar 5 2016, 07:05 AM Show posts by this member only \| IPv6 \| Post #1034
Your Friendly Neighborhood Senior Member 1,614 posts Joined: Apr 2010	Hi all, I'm new to buying stuffs using paypal. (i'm still a student) I can choose to use their rate.. 1 MYR = 0.24 US dollar OR using the card's bank rate. I checked here but don't really understand the rates.. What does the selling TT/OD, buying TT, buying OD mean? Selling TT/OD = 4.2100 Buying TT = 4.0600 Buying OD = 4.0500
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alexwsk	Mar 5 2016, 09:35 AM Show posts by this member only \| IPv6 \| Post #1035
Look at all my stars!! Senior Member 4,092 posts Joined: Jan 2003 From: USJ	QUOTE(xHj09 @ Mar 5 2016, 07:05 AM) Hi all, I'm new to buying stuffs using paypal. (i'm still a student) I can choose to use their rate.. 1 MYR = 0.24 US dollar OR using the card's bank rate. I checked here but don't really understand the rates.. What does the selling TT/OD, buying TT, buying OD mean? Selling TT/OD = 4.2100 Buying TT = 4.0600 Buying OD = 4.0500 just choose card's bank rate paypal rate is
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xHj09	Mar 5 2016, 09:53 PM Show posts by this member only \| IPv6 \| Post #1036
Your Friendly Neighborhood Senior Member 1,614 posts Joined: Apr 2010	QUOTE(alexwsk @ Mar 5 2016, 09:35 AM) just choose card's bank rate paypal rate is used bank rate, but it's even more expensive
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rush25

Mar 7 2016, 11:48 AM

Show posts by this member only | Post #1037

Getting Started

Junior Member
56 posts

Joined: May 2011

Transaction Type	Aeon BiG Visa Card
Transaction Date	28/01/2016
Posting Date	31/01/2016
Transaction amount	JPY2596
Amount charged	RM95.47
rate	0.036776
visa rate	0.035526 @ 31/01/2016 @ 0.0% ftf
Difference	(0.036776 - 0.035526) / 0.035526 =3.52%

Transaction Type	Aeon BiG Visa Card
Transaction Date	2/02/2016
Posting Date	6/02/2016
Transaction amount	JPY41400
Amount charged	RM1522.5
rate	0.036775
visa rate	0.035837 @ 6/02/2016 @ 0.0% ftf
Difference	(0.036775 - 0.035837) / 0.035837 =2.62%

Transaction Type	Aeon BiG Visa Card
Transaction Date	3/02/2016
Posting Date	6/02/2016
Transaction amount	JPY1234
Amount charged	RM45.38
rate	0.036775
visa rate	0.035837 @ 6/02/2016 @ 0.0% ftf
Difference	(0.036775 - 0.035837) / 0.035837 =2.62%

Transaction Type	Aeon BiG Visa Card
Transaction Date	3/02/2016
Posting Date	7/02/2016
Transaction amount	JPY14415
Amount charged	RM530.12
rate	0.036776
visa rate	0.035837 @ 7/02/2016 @ 0.0% ftf
Difference	(0.036776 - 0.035837) / 0.035837 =2.62%

Transaction Type	CiMB CashRebate MasterCard
Transaction Date	3/02/2016
Posting Date	6/02/2016
Transaction amount	JPY4120
Amount charged	RM149.62
rate	0.036316
Mastercard rate	0.035776 @ 5/02/2016 @ 0.0% ftf
Difference	(0.036316 - 0.035776) / 0.035776 =1.51%
Mastercard rate	0.035776 @ 8/02/2016 @ 0.0% ftf
Difference	(0.036316 - 0.036164) / 0.036164 =0.42% (unlikely)

** Can't seem to get the Mastercard rate on 6-Feb-2016, so i take both the 5th and the 8th for reference.

Summary:
1. Seems like Aeon Big Card != Aeon Credit
2. Aeon Big Card seems like a NO-NO

for overseas transaction ( with the rm25 cashback with limited pool )

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hychin88	Mar 8 2016, 12:41 PM Show posts by this member only \| Post #1038
New Member Junior Member 15 posts Joined: Jan 2008	QUOTE(wjleong15 @ Feb 3 2016, 12:56 AM) after called card center I found that their rates are not exactly same as their website. Amex Green Charge 2.50% Maybank 2 Gold Amex 2.5% AmBank Platinum Master 2% CIMB Cash Back Platinum Master 1% Maybank 2 Gold Master 2.15% Maybank Ikhwan Gold Master 2.15% Citi Choice Visa 2.50% Hong Leong Essential Gold Visa 1% Hong Leong Platinum Visa 1% HSBC Amanah Platinum Visa 1% (GST 6%) MachbyHongLeongBank Gold Visa 1% UOB One Platinum Visa 1% For HSBC Amanah Platinum Visa, is that mean 7%??
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wjleong15	Mar 8 2016, 06:57 PM Show posts by this member only \| IPv6 \| Post #1039
Look at all my stars!! Senior Member 3,521 posts Joined: Sep 2012	QUOTE(hychin88 @ Mar 8 2016, 12:41 PM) For HSBC Amanah Platinum Visa, is that mean 7%?? GST on 1% but when I checked my statement, it did not show out any gst etc, I believe it has included. so far, after I compared and used it, CIMB exchange rate is cheapest.
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edwardccg

Mar 8 2016, 07:28 PM

Show posts by this member only | Post #1040

Regular

Senior Member
1,311 posts

Joined: Apr 2010

Transaction Type	UOB VOX
Transaction Date	03 Mar 2016
Posting Date	08 Mar 2016
Transaction amount	RMB239.99
Amount charged	RM156.22
rate	0.6509
visa rate	0.6347@ 08 Mar 2016 @ 0.0%
Difference	(0.6509- 0.6347) / 0.6347=2.55%

This post has been edited by edwardccg: Mar 8 2016, 07:29 PM

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