Noted with thanks.

bump you here

got examples in here. search/read it through.

Msg from maybank:

Please be informed for credit card usage via the overseas online website or overseas, there will be additional charge 2.25% (VISA and Mastercard) on top of the purchase while for AMEX card will be 2.5% on top of the purchase amount.

The conversion rate is based on Visa/Master International currency rates. The calculation will follow the currency rate on the day the merchant made the claim with Maybank.

1.25% + 1% = 2.25% for Visa/Master credit cards.

Hopes that this clarifies. Thank you.

means the 1.25% is the visa conversion rate and 1% is bank rate? so means if use visa calculator, bank fee put 1% or 2.25%?

https://usa.visa.com/support/consumer/trave...calculator.html

For the website link to visa, the bank fee is 2.25%.

As for AMEX, the conversion is first to USD then to MYR. There is double conversion. Then apply 2.5%.

I see, then the conversion around rm 2.99 for 1 AUD... quite expensive

Don't forget M2 Amex gives 5X TP (worth 1%); Most of Visa/MC gives 0.2-0.3% only.

I will be using maybank barcelona by then, no TP but 2% cashback

for me formula oversea as below

1) Use BigPay Card (use credit load max 10k inside)
2) Use Amex 2card in weekend enjoy 5% rebate
3) If all above finish then use MasterCard instead Visa because i think better rate

Anyone got problem using MasterCard for oversea transaction? Mine local no problem, oversea it keep on saying card not authorized

is your card issuer local bank or international bank?

local bank usually need you to call to activate overseas spending for precaution purpose.

international bank usually activated as default

this nothing to do with mastercard or visa tho

is HSBC still at 1.25%? and is the same for Visa and Master?

need help, what is the mbb visa and mbb amex exchange rate if to pay online with australian dollar currency?

For Visa,
Use the following link: https://usa.visa.com/support/consumer/trave...calculator.html
Bank fee is 2.25%

For AMEX,
Bank fee is 2.5%
No use using AMEX overseas because the bank fee is higher, and they will convert from AUD to USD to MYR. You "lose" in forex exchange twice.

Used PBB Visa on a JPY transaction

Date: 17 July 2019
Amount: 25850

Visa Website: 1001.06 (after taking into account 1.25% bank charge).
PBB Amount: 1006.38

1006.38 - 1001.06 = 5.32
5.32 / 1001.06 x 100 = 0.53%+1.25% = 1.78%

Does that mean it's less than 2% charge?

Calculated based on this formula^

Received product info from OCBC telemarketer and checked with them. There are no foreign exchange markup fee for both 365 and Ti



This post has been edited by sidefulnes: Aug 5 2019, 07:14 PM

but 1% cashback is pretty pathetic... there are better rewards (even with redeem vouchers)

Hi all, just want to confirm my calculations and plan before going ahead:

I'm going to Poland shortly. Aside from changing cash MYR to Euro (then change to PLN there), I plan to use card mostly.

The plan is to load RM 2,500 on BigPay. (Pay for hotel ++)

Balance is what I'm not sure... I'm thinking of using UOB One Platinum for anything else.

I also have Merchantrade Visa Debit (unfortunately, Polish currency is not on their Multi-currency wallet, so if I bought Euro in my wallet, I'd lose with the conversion, right?)

I also have MBB 2 Cards (Visa and Amex).

What would all the sifus here recommend?

Used local credit cards that give you some sort of cash back or rewards points to top-up your BigPay MasterCard. Then use your BigPay MasterCard. There is absolutely no contest at all. It is BigPay Mastercard all the way. And you can also use your MBB2 AMEX only weekends only if you aren’t gonna use it in Malaysia on weekends this month. Time difference shouldn’t be an issue as it will follow local merchant’s clearing bank’s time, which in your case is Poland. So as long as you make POS payment on Saturday and Sunday in Poland local time, you should be fine. Bon Voyage!

Thank you for the answer.

I'll reload on the weekend with UOB then (5% cashback) to my Bigpay and use that.

On the advice of using Amex - why? Isn't there a double conversion rate that they hit you with? (PLN > USD > MYR)?

I remembered OCBC TMC didn’t have a good final rate for foreign currency transaction. And based on the image attached, it says no markup for OCBC 365 only. Are you certain OCBC TMC now has no markup fee too ?


The weekend 5% cash back is more than enough to cover that. So you shall be fine.