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 Credit Card Foreign Exchange Rate

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zenquix
post Sep 11 2013, 08:25 AM

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base currency should be set to MYR, not THB.
zenquix
post Sep 11 2013, 11:44 AM

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thanks

based on available data so far, looks like Maybank increased all their CC forex rates by a flat 1% in August. Won't be surprised if Amex is the same.

Can buy their share.. they cut their TP value (in other words their CC liability) by 20% and increase CC revenue by 1%
zenquix
post Sep 11 2013, 05:43 PM

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QUOTE(virgoguy @ Sep 11 2013, 01:30 PM)
If you based on Post #465 @doremon_p

The MBB Amex charge rate still remain the same at 2.5%
*
if we use the MBB MC rate and put in the following assumptions

Forex fee= 2%
Based on rate on TX date

then we can extrapolate Amex rate to 3.2%
zenquix
post Sep 13 2013, 12:56 PM

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SC i heard is crap. Someone posted rates that show OCBC is lower than MBB but u only get 1%, and eats up yr RM50 quota
zenquix
post Oct 7 2013, 09:20 AM

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Alliance Visa right?
zenquix
post Aug 5 2016, 10:44 AM

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MilesAndMore

yeah first post needs to be updated. None of those values are true anymore

This post has been edited by zenquix: Aug 5 2016, 10:48 AM
zenquix
post Oct 18 2016, 09:23 AM

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MilesandMore

Yeah I have not been following this thread as well.

Maybe the recent contributors can help update the table

Local Banks
- Maybank VISA/MasterCard : 2.26%
- Maybank American Express with Maybank logo on top : 2.8-3%
- American Express : 2.8 -3%
- CIMB Bank :
- Public Bank : 1.25%
- RHB Bank :
- AmBank :
- Hong Leong Bank VISA/MasterCard:
- EON Bank :
- Affin Bank :
- Alliance :
- Aeon:

Foreign Banks
- HSBC :
- OCBC bank :
- Standard Chartered :
- UOB Bank :
- Citibank :
zenquix
post Oct 18 2016, 07:22 PM

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QUOTE(jenern84 @ Oct 18 2016, 06:44 PM)
I am going to oversea this week.

I only have
1. Maybank 2 cards, Amex and Master
2. Aeon Visa
3. UOB Vox
4. Public bank visa signature
5. CIMB cash rebate

I have no time to get another credit card now.

Which one should I use?

Appreciate your suggestion.
*
Noticed recommendations recently are Aeon and PBVS

 

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