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 Credit Card Foreign Exchange Rate

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id28
post Aug 10 2023, 11:09 AM

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QUOTE(Mr Gray @ Aug 2 2023, 07:03 PM)
Probably SCB Jumpstart
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how much is scb jumpstart debit card issuance fee?
Mr Gray
post Aug 10 2023, 12:32 PM

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QUOTE(id28 @ Aug 10 2023, 11:09 AM)
how much is scb jumpstart debit card issuance fee?
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Google also lazy meh?



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id28
post Aug 10 2023, 12:40 PM

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QUOTE(Mr Gray @ Aug 10 2023, 12:32 PM)
Google also lazy meh?
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thanks. will sign up for this to replace bigpay
bowranger
post Oct 2 2023, 10:51 PM

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someone please update UOB foreign exchange fee.
Definite not 1%.
It is around 2.2%.
ericlaiys
post Oct 2 2023, 11:18 PM

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QUOTE(bowranger @ Oct 2 2023, 10:51 PM)
someone please update UOB foreign exchange fee.
Definite not 1%.
It is around 2.2%.
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1% - mastercard/visa fees
1% or more- bank fees

To save cost/fees, there is where wise shine.

This post has been edited by ericlaiys: Oct 2 2023, 11:18 PM
Steve78
post Oct 3 2023, 11:24 PM

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QUOTE(ericlaiys @ Oct 2 2023, 11:18 PM)
1% - mastercard/visa fees
1% or more- bank fees

To save cost/fees, there is where wise shine.
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Wise may help you avoid certain fees, but it also imposes charges that you wouldn't encounter with regular credit cards. Don't blindly endorse Wise.


Tanvir741
post Oct 6 2023, 02:21 PM

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Time to stop using BigPay.

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francistcc
post Oct 6 2023, 05:57 PM

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SCB jumpstart overall rate is better than wise in Korea.
Steve78
post Oct 6 2023, 06:00 PM

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QUOTE(Tanvir741 @ Oct 6 2023, 02:21 PM)
Time to stop using BigPay.

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There has been absolutely no reason to use it since two years back.

QUOTE(francistcc @ Oct 6 2023, 05:57 PM)
SCB jumpstart overall rate is better than wise in Korea.
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JumpStart consistently outperforms Wise across most, if not all currencies.
Tanvir741
post Oct 6 2023, 06:08 PM

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QUOTE(Steve78 @ Oct 6 2023, 06:00 PM)
There has been absolutely no reason to use it since two years back.
JumpStart consistently outperforms Wise across most, if not all currencies.
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So, right now what’s your best pick will be? Like this?

1. JumpStart
2. Wise
3. RHB Multi (after conversion)
joice11
post Oct 6 2023, 06:08 PM

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QUOTE(Steve78 @ Oct 6 2023, 06:00 PM)
There has been absolutely no reason to use it since two years back.
JumpStart consistently outperforms Wise across most, if not all currencies.
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yes, japanese currency also, they follow master card convertion and with 0 fee, included atm withdraw, tested

any idea the online cash back got extant? sad it end sept.

Steve78
post Oct 6 2023, 09:15 PM

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QUOTE(Tanvir741 @ Oct 6 2023, 06:08 PM)
So, right now what’s your best pick will be? Like this?

1. JumpStart
2. Wise
3. RHB Multi (after conversion)
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Throughout my usage, the usual rankings are:

1. JumpStart
2. RHB MCA
3. Other low fee Mastercards
Steve78
post Oct 6 2023, 09:17 PM

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QUOTE(joice11 @ Oct 6 2023, 06:08 PM)
yes, japanese currency also, they follow master card convertion and with 0 fee, included atm withdraw, tested

any idea the online cash back got extant? sad it end sept.
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I've been checking that as well, the campaign's TnC remain unchanged, ending on September 30.

bowranger
post Oct 7 2023, 11:09 PM

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anyone have the latest TNG visa card foreign mark up fee ?
Human Nature
post Oct 8 2023, 01:12 PM

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When a card has a benefit of No foreign exchange fee, means it is direct exchanged based on ecaxt rate with no mark-up from the bank and visa?
cybpsych
post Oct 8 2023, 04:34 PM

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QUOTE(Human Nature @ Oct 8 2023, 01:12 PM)
When a card has a benefit of No foreign exchange fee, means it is direct exchanged based on ecaxt rate with no mark-up from the bank and visa?
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usually yes

competitive or low or no forex fee are those imposed by the issuer. they willing to absorb the difference to gain advantage from other issuers.

however nowadays forex fluctuation is moody, more issuers are rethinking this strategy as they couldn't absorb so much lol

prevailing network forex fee still applies though.
Steve78
post Oct 9 2023, 04:24 AM

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QUOTE(bowranger @ Oct 7 2023, 11:09 PM)
anyone have the latest TNG visa card foreign mark up fee ?
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Never known TnG or other card providers to cut their fees after setting them, don't expect that to change.
Steve78
post Oct 9 2023, 04:27 AM

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QUOTE(Human Nature @ Oct 8 2023, 01:12 PM)
When a card has a benefit of No foreign exchange fee, means it is direct exchanged based on ecaxt rate with no mark-up from the bank and visa?
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Often, cards that claim to have "no fees" might still charge for overseas transactions or admin fee, can't be certain until you try them.
bowranger
post Oct 11 2023, 10:09 AM

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QUOTE(Steve78 @ Oct 9 2023, 04:24 AM)
Never known TnG or other card providers to cut their fees after setting them, don't expect that to change.
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I am asking for possible fee increment.
alcali
post Oct 13 2023, 12:31 PM

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If go Thailand, register for Truemoney ewallet, then topup at 7e using debit card that already have thai currency in it. should be much saving right? hopefully the roadside seller also high chances accept truemoney ewallet payment.

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