Not necessarily. People say SCB jumpstart card have really good exchange rate. Only issue is it is a debut card.

Yeah, I have CIMB debit card in mind too.

No one tested CIMB card before yet. But SCB jumpstart have been tested before

The best card for foreign transactions just extended its superiority for another year!

Indeed good news! But cant find the latest TnC from SCB website

That's my question too, interesting how RinggitPlus is already in the know.

Hi everyone, any idea currently which credit card has No foreign exchange conversion mark-up?

To the best of my understanding, there isn't a credit card that offers zero fees on foreign transactions.

They always find a way to charge some type of fee, be it a conversion fee, network fee, admin fee, oversea transaction fee, or other "creative names".

The only card currently offering a true zero fee is SCB JumpStart, but it's a debit card.

This post has been edited by Steve78: Oct 23 2023, 07:13 PM

any1 have experience with ocbc debit card? as it stated with 0% foreign exchange mark-up

Can try Bank Rakyat Platinum Explorer.

5% cash back for all airlines and hotel bookings
Three (3) times complimentary access a year to all Plaza Premium Lounge in Malaysia
No annual fees
No mark-up rate for overseas transactions. (NO additional fees on currency exchange for overseas transactions)

I've been wanting to try this. Anyone has had first hand experience with this card? Maybe can share what kind of rates were observed.

TnC posted in the SCB website dy. extended till Sept 2024

same tnc? u have the link?

https://av.sc.com/my/content/docs/jumpstart.pdf

I wanted to apply this too. But those ringgit plus and compare hero seem not their partner. I submit enquiry to their office bank rakyat website. But nobody call me yet 🤔

Can apply directly here https://brick.bankrakyat.com.my/product?productMain=7

Could you post some transactions that you have done with the card in foreign currency? Just wanted to double check if it's really zero fee.

Because card like MAE also advertise zero fee, but actually still got fee.

Let me try. It is hard to apply?

I just tried for few transactions in Denmark. I compare here with Visa exchange transfer and Xe.Com on same date. Later I will report a direct comparison with Wise card.

418 DKK = RM 284.48, 1MYR = 1.469; xe.com 1MYR= 1.465 and visa 1MYR= 1.470

So far I think the rate is reasonable. Will update further

This post has been edited by cenkudu: Oct 30 2023, 08:34 PM

For the sake of comparison, I share the exchange rate offering by MasterCard, which is the final rate of the SCB JumpStart.