The bank fee I found on citi is not 1%.... Last time i charged everything to my citi and found out the bank fee is roughly around 2%

The exchange rate 3.096660 is including the 1% bank fee. If you enter bank fee 0% to the exchange rate estimator (http://corporate.visa.com/pd/consumer_serv...er_ex_rates.jsp), the exchange rate is 3.066 which is match the rate of 3.0966 when entering bank fee 1%

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Added on November 17, 2012, 4:08 pmThe citibank online account only shows transaction date

This post has been edited by vincentxiang: Nov 17 2012, 04:08 PM

Maybankard Petronas Visa Platinum

Transaction Date : 15-Nov-2012
Posting Date : 17-Nov-2012
Amount charged in foreign currency : JPY980
Amount billed in MYR : RM37.63
Final exchange rate : 0.03834

Visa Exchange Rate for 17-Nov-2012 : 0.037925 (0% bank fee)
MoneyMaster Exchange Rate for 17-Nov-2012 : 0.03900

--------------------------------

Transaction Date : 17-Nov-2012
Posting Date : 18-Nov-2012
Amount charged in foreign currency : JPY2677
Amount billed in MYR : RM102.80
Final exchange rate : 0.03834

Visa Exchange Rate for 18-Nov-2012 : 0.037925 (0% bank fee)
MoneyMaster Exchange Rate for 18-Nov-2012 : 0.03900

--------------------------------

Transaction Date : 15-Nov-2012
Posting Date : 19-Nov-2012
Amount charged in foreign currency : JPY2695
Amount billed in MYR : RM103.49
Final exchange rate : 0.03834

Visa Exchange Rate for 19-Nov-2012 : 0.037925 (0% bank fee)
MoneyMaster Exchange Rate for 19-Nov-2012 : 0.03890

--------------------------------

Transaction Date : 18-Nov-2012
Posting Date : 20-Nov-2012
Amount charged in foreign currency : JPY6247
Amount billed in MYR : RM239.37
Final exchange rate : 0.03832

Visa Exchange Rate for 20-Nov-2012 : 0.037844 (0% bank fee)
MoneyMaster Exchange Rate for 20-Nov-2012 : 0.03865

--------------------------------

Transaction Date : 18-Nov-2012
Posting Date : 21-Nov-2012
Amount charged in foreign currency : JPY2980
Amount billed in MYR : RM113.73
Final exchange rate : 0.03816

Visa Exchange Rate for 21-Nov-2012 : 0.037691 (0% bank fee)
MoneyMaster Exchange Rate for 21-Nov-2012 : 0.0385

This post has been edited by ronnie: Nov 22 2012, 10:36 AM

erm
other than maybank, which card/bank is giving reasonable rate for the oversea trans?
ocbc? hsbc? citi? scb?

None....

Citibank VISA
Transaction date : 4 October 2012
Posted date : 5 October 2012
Amount charged in foreign currency : GMP59.77
Amount billed in MYR : RM302.33
Final exchange rate : GBP1= RM5.0582

Maybankard2 VISA
Transaction date : 23 October 2012
Posted date : 25 October 2012
Amount charged in foreign currency : KRW73,510
Amount billed in MYR : RM206.94
Final exchange rate : KRW1,000= RM2.8151

Maybankard2 VISA
Transaction date : 24 October 2012
Posted date : 30 October 2012
Amount charged in foreign currency : TWD1,096
Amount billed in MYR : RM116.04
Final exchange rate : TWD100 = RM10.5876

Maybankard2 VISA
Transaction date : 27 October 2012
Posted date : 30 October 2012
Amount charged in foreign currency : PHP1,312.16
Amount billed in MYR : RM98.59
Final exchange rate : PHP100 = RM7.5136

Maybankard2 VISA
Transaction date : 27 October 2012
Posted date : 30 October 2012
Amount charged in foreign currency : PHP1,249
Amount billed in MYR : RM93.84
Final exchange rate : PHP100 = RM7.5132

Citibank Cash Back VISA
Transaction date : 27 October 2012
Posted date : 30 October 2012
Amount charged in foreign currency : PHP7,214.47
Amount billed in MYR : RM546.09
Final exchange rate : PHP100 = RM7.5694

Maybankard2 VISA
Transaction date : 1 November 2012
Posted date : 2 November 2012
Amount charged in foreign currency : GBP38.33
Amount billed in MYR : RM191.96
Final exchange rate : GBP1 = RM5.0081

Maybankard2 VISA
Transaction date : 4 November 2012
Posted date : 6 November 2012
Amount charged in foreign currency : PHP949
Amount billed in MYR : RM71.49
Final exchange rate : PHP100 = RM7.5332

Maybankard2 VISA
Transaction date : 4 November 2012
Posted date : 6 November 2012
Amount charged in foreign currency : PHP1,328.32
Amount billed in MYR : RM100.06
Final exchange rate : PHP100 = RM7.5328

Maybankard2 VISA
Transaction date : 9 November 2012
Posted date : 12 November 2012
Amount charged in foreign currency : TWD2,687
Amount billed in MYR : RM286.77
Final exchange rate : TWD100 = RM10.6725

Maybankard2 VISA
Transaction date : 12 November 2012
Posted date : 15 November 2012
Amount charged in foreign currency : PHP7,766
Amount billed in MYR : RM586.20
Final exchange rate : PHP100 = RM7.5483

Maybankard2 VISA
Transaction date : 20 November 2012
Posted date : 22 November 2012
Amount charged in foreign currency : JPY24,284
Amount billed in MYR : RM924.12
Final exchange rate : JPY1,000 = RM38.0547

**USD - US Dollar
**KRW - Korean Won
**TWD - New Taiwan Dollar
**JPY - Japanese Yen
**PHP - Filipino Peso

I used both Maybankard VISA and Citibank Cash Back VISA on 27 Oct 2012 (both banks posted the transaction into my account on 30 Oct 2012 which is on the same day too) to pay for two different plane tickets online and as expected, Maybankard VISA's final exchange rate is slightly cheaper.

Maybankard VISA is no doubt the best when it comes to charging your expenses in Korean Won or New Taiwan Dollar as the final exchange rate for both of these two currencies are even cheaper than buying cash from local money changer

Will Maybankard2 Mastercard rate will be cheaper?

Not sure. I think someone reported a few pages back that he found Maybankard VISA to be cheaper (which is news to everyone here)..

Oh no.... I so regret that changed to Mastercard from VISA.... Really regret....

is Maybank visa best for overseas transactions?

OCBC titanium is not cheaper even with 1% rebate on all other transactions?
ignore the rebate cap

Maybankard2 AMEX
Transaction date : 24 November 2012
Posted date : 27 November 2012
Amount charged in foreign currency : USD73.97
Amount billed in MYR : RM232.33
Final exchange rate : USD1 = RM3.1409


Maybankard2 VISA
Transaction date : 25 November 2012
Posted date : 27 November 2012
Amount charged in foreign currency : KRW234,390
Amount billed in MYR : RM669.51
Final exchange rate : KRW1,000 = RM2.8564

Korean Won is getting more expensive Just a few months ago, it was KRW1,000 = RM2.7300.

This is a silly question, but why does Maybank not publish the 0.5% charge for its Maybankard2 Mastercard? In the credit card agreement the 2.5% charge for Amex is clearly stated, but I didn't see any 0.5%, yet obviously the rates are higher (0.5% possibly) than Visa/Mastercard's conversion rate.

Maybankard2 Visa

Transaction Date: Dec 1, 2012
Amount charged in NZD: 143
Amount billed in MYR: 362.68
Final exchange rate: 2.536 (It's even better than money changer in midvalley! )

Transaction Date: Nov 27, 2012
Amount charged in SGD: 453
Amount billed in MYR: 1147.39
Final exchange rate: 2.533

Transaction date: 25 Nov 2012
Amount charged in SGD: 100
Amount billed in RM: 255.61
Ocbc Titanium Mastercard
Slightly higher than money changer which I changed 2.51 in MV..

Maybankard 2 Amex

Transaction date: 17 Sept 2012
Amount charged in USD: 497.56
Amount billed in RM: 1555.77
Exchange rate found at AMEX website on posting date: 3.05470
Final rate that been charged: 3.12679877804

Been charged 2.5% for the transaction

CIMB Petronas Mastercard:

Transaction Date: Dec 10, 2012, approx. 12.35AM
Amount charged in GBP: 37.37
Amount billed in MYR: 191.48

Before confirming my purchase at kitbag.com, I used XE.com to convert.
This was the result:
37.37 GBP = 183.100 MYR
British Pound ↔ Malaysian Ringgit
1 GBP = 4.89965 MYR 1 MYR = 0.204096 GBP

sorry Bros for not following format, but here are my charges with MBB VI and UOB VI minutes apart on 7th December 2012:

Maybank Visa Infinite AUD996 = RM3,223.02 which equates to 3.23596385 exchange rate

versus

UOB Visa Infinite AUD195 = RM637.86 which equates to 3.2710769 exchange rate.

From above, it can be concluded that UOB Visa Infinite overseas exchange rate is 1.085% higher than Maybank Visa Infinite.

Click here to read my article Maybank Visa Infintie vs UOB Visa Infinite

Maybankard 2 AMEX
Transaction Date : 8 Dec 2012 (4pm)
Posted Date : 11 Dec 2012
Amount charged : USD7.98 via PayPal
Converted Amount : RM24.97
Final exchange rate : 3.1291

Does PayPal via AMEx attract similar 2.5% Admin Fee ?

This post has been edited by ronnie: Dec 12 2012, 03:42 PM

Maybank Debit Card Visa
Transaction Date : 10 Dec 2012
Posted Date : 12 Dec 2012
Amount charged : TWD 4500.00
Converted Amount : RM 480.08
Final exchange rate: 10.668

Maybank Debit Card Visa
Transaction Date : 10 Dec 2012
Posted Date : 12 Dec 2012
Amount charged : TWD 1769
Converted Amount : RM 188.73
Final Exchange rate: 10.669

VISA EXCHANGE RATE at 12/12/2012: 10.5453
Money Master Changer: 10.99

It charged roughly around 1-1.2%