Is that debit card and credit card with the same charges rate ?

By right is just same....

Maybank Petronas Visa

Transaction Date : 12-Dec-2012
Posting Date : 12-Dec-2012
Amount charged in foreign currency : US$5.70
Amount billed in MYR : RM17.68
Final exchange rate : USD 1 = RM 3.10175

Visa Exchange Rate for 12-Dec-2012: 1 United States Dollar = 3.063000 Malaysian Ringgit

Maybank Cherry Debit Card Visa

Transaction Date : 15-Dec-2012
Posting Date : 18-Dec-2012
Amount charged in foreign currency : TWD 120
Amount billed in MYR : RM 12.81

Final exchange rate : TWD 100 = RM 10.675
MoneyMaster Rate: TWD 100 = RM 10.99
Visa Exchange Rate for 12-Dec-2012: TWD 100 = RM 10.5332

OCBC Titanium MasterCard
Transaction Date : 17 Dec 2012
Posted Date : 17 Dec 2012
Amount charged : USD24.59
Converted Amount : RM76.68
Final exchange rate : 3.11834

This post has been edited by estcin: Dec 20 2012, 02:46 PM

Sorry if this is the wrong place. I need to pay something in GBP. Need to know which is the best conversion rate + fee among the cards I have.

MBB2 Amex or MC?

MC has 0.5% bank charge, while Amex is 0.5%+2.5% (3%). Which is quite alot.

But, if take into account Amex 5xTP & 5% cashback wouldn't Amex be a better choice than MC? 7.5% - 3%, I still earn 4.5% cashback.

Please correct me if I am wrong. Thanks

P/S: I have other cards as well, OCBC Ti MC, HLB Mach Visa, Ambank Visa, & Cimb Debit MC

This post has been edited by WhitE LighteR: Dec 22 2012, 02:51 AM

Hi guys,

Anyone knows how to calculate Maybank AMEX charges?

These are my details:
Transaction Date: 29-Dec-2012
Posting Date: 30-Dec-2012
Foreign Currency: JPY 5,000
Local Currency: RM 183.54

I know that any overseas transaction using AMEX will be converted to USD first, then convert to MYR, but which conversion rate date should I choose? 29 Dec or 28 Dec (following US time)?

Btw, I made the transaction on 29 Dec morning, so at that time US is still in 28 Dec..

Is it:
1. (amount) + 3.0% OR
2. ((amount) + 2.5%) + 0.5%

Please advise. Thanks!

Your rate is like 36.708 against Japanese Yen....

I see..so you guys just calculate like that

I did the same amount of transaction using M2U MasterCard..but the transaction not available at my online statement yet -.-

When I get it I will compare both of them

Thanks!

Maybank Amex Platinum:

Transaction Date: 29-Dec-2012
Posting Date: 31-Dec-2012
Foreign Currency: AUD 586
Local Currency: RM 1899.99

Maybank Amex Platinum:

Transaction Date: 29-Dec-2012
Posting Date: 31-Dec-2012
Foreign Currency: THB 3432
Local Currency: RM 352.06

Got latest update from Maybank..

MAYBANK 2 MASTERCARD
Transaction Date: 29-Dec-2012
Posting Date: 31-Dec-2012
Foreign Currency: JPY 5000
Local Currency: RM 179.76
Rate: JPY 1000 = RM 35.95

MAYBANK 2 AMEX *5% cashback received*
Transaction Date: 29-Dec-2012
Posting Date: 31-Dec-2012
Foreign Currency: JPY 5000
Local Currency: RM 183.54 (if include cashback, RM 174.36)
Rate: JPY 1000 = RM 36.71 (if include cashback, RM 34.87)


MAYBANK 2 MASTERCARD
Transaction Date: 29-Dec-2012
Posting Date: 31-Dec-2012
Foreign Currency: JPY 5939
Local Currency: RM 213.54
Rate: JPY 1000 = RM 35.96

MAYBANK 2 AMEX
Transaction Date: 29-Dec-2012
Posting Date: 01-Jan-2013
Foreign Currency: JPY 5939
Local Currency: RM 218.03
Rate: JPY 1000 = RM 36.71

Payment in JPY via Paypal

Maybank Petronas Visa Gold

Transaction date: 08 Jan 2013
Posting Date: 10 Jan 2013
Amount charged in foreign currency: JPY 50,441
Amount billed in MYR: RM1,786.39
Final exchange rate: 0.035415
VISA Exchange Rate on 10 Jan 2013 is JPY1 = RM 0.034977
Bank charges: 1.25%

When booking a room online, through Agoda.com for example, which is better (for least exchange rate) - the amount in MYR or local currency? Thank you

Always choose to pay in the local currency or USD. Your Maybank VISA or MasterCard will give you a better final exchange rate.

not in my case. agoda exchange rate in MYR is better than pay in USD when I booked last December. Agoda 3.01 where MBB Visa 3.06

but this only apply for agoda not sure with others. perhaps better to check the live exchange rate and compare with what Agoda offer will be a good practice

Last time I booked throught Agoda was in May last year and back then, the rare shown in MYR was more expensive than the market rate. And there was also a time that we were not allowed to choose the billing currency. All Malaysian credit cards will be automatically be billed in MYR even thought the rate you see on the checkout page is USD.

The administration fee charged for all transaction made in foreign currency to Maybank VISA or MasterCard is now 1% instead of 0.5%.

This is a terrible news. From your findings, or it is stated somewhere?

It's stated so at the back of our credit card statement.

I noticed the final exchange rate for some foreign currencies appear higher than usual. So i had a look at my bank statement and found about this admin fee increase