No, if you check my spending it is also lowest compared to others when i spent in NZ and SG
Not forgetting you also get 3% rebate
This post has been edited by bearbear: Dec 17 2013, 11:25 AM
Credit Card Foreign Exchange Rate
Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty Cards|
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 Dec 17 2013, 11:24 AM
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All Stars
10,061 posts Joined: Dec 2004 From: Sheffield  
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Dec 17 2013, 02:42 PM
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Junior Member
143 posts Joined: Jan 2003
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Hi bearbear bro,
3% rebate? With Aeon watami? |
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Dec 17 2013, 02:47 PM
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur 
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QUOTE(nestahng @ Dec 17 2013, 02:42 PM) Hi bearbear bro, 3% rebate? With Aeon watami?   Please refer to : https://forum.lowyat.net/topic/2664640 |
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Dec 24 2013, 04:21 PM
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Senior Member
2,145 posts Joined: Mar 2009 From: 1BORNEO
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Any rate for ambank priority banking visa infinite card??
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Dec 30 2013, 05:37 PM
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Junior Member
71 posts Joined: Sep 2004
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Does this mean that AEON Visa is the best card for foreign currency transaction considering conversion rate + admin fee as well as rebates, points etc?
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Dec 30 2013, 05:51 PM
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All Stars
10,061 posts Joined: Dec 2004 From: Sheffield
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if you want instant rebate and best exchange rate - Aeon Watami but pls note 3% rebate only kick in if you spend more than 3k within 3 months. My gf also told me that during her trip to Japan in some shop she also get 5% additional discount for using Visa card.
If you consider points then it is a complicated case, like bro Gen-X mentioned if you have premium cards like Alliance Visa Infinite / Maybank Visa Infinite that offer 5X points for oversea spending then that is absolute value to redeem business class flight ticket the effective cash back in form of air ticket is even higher in value but if you don't need this and look purely on rebate and good exchange rate, go ahead with Aeon. |
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Dec 30 2013, 06:04 PM
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Elite
8,601 posts Joined: Jan 2003 From: KL 
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QUOTE(bearbear @ Dec 30 2013, 05:51 PM) if you want instant rebate and best exchange rate - Aeon Watami but pls note 3% rebate only kick in if you spend more than 3k within 3 months. My gf also told me that during her trip to Japan in some shop she also get 5% additional discount for using Visa card. Agree with you Bro. Actually I kind of completed an article on overseas spending but need some touching up and it shall be my first article for 2014. In this article I thanked you, ronnie and persona for the very beneficial info posted/shared.If you consider points then it is a complicated case, like bro Gen-X mentioned if you have premium cards like Alliance Visa Infinite / Maybank Visa Infinite that offer 5X points for oversea spending then that is absolute value to redeem business class flight ticket the effective cash back in form of air ticket is even higher in value but if you don't need this and look purely on rebate and good exchange rate, go ahead with Aeon. QUOTE(parsona @ Dec 4 2013, 04:37 PM) » Click to show Spoiler - click again to hide... « Citibank Premiermiles Visa 30/11/2013 RM 53.02 1640 yen effective rate: 0.032329, 2.117% over visa, 2.7483% over spot Maybankard 2 Amex 30/11/13 RM 116.23 3591 yen effective rate: 0.032367, 2.869% over spot This post has been edited by Gen-X: Jan 2 2014, 10:37 AM |
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Dec 31 2013, 09:47 AM
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All Stars
10,061 posts Joined: Dec 2004 From: Sheffield
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Aeon Visa
Transaction Date: 27/12/2013 Posting Date: 27/12/2013 Transaction amount: USD20 Amount charged: MYR61.43 Effective rate: 3.0715 This post has been edited by bearbear: Jan 2 2014, 09:44 AM |
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Dec 31 2013, 05:39 PM
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Elite
8,601 posts Joined: Jan 2003 From: KL
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QUOTE(bearbear @ Dec 31 2013, 09:47 AM) Aeon Visa Bro, you kidding me? Transaction Date: 27/12/2013 Posting Date: 27/12/2013 Transaction amount: USD20 Amount charged: MYR61.42 Effective rate: 3.0715 Effective rate: 3.0715    - The last time is was this low was way back in May 2013.Freaking unbelievable!!!  Thanks Bro. This post has been edited by Gen-X: Dec 31 2013, 05:44 PM |
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Dec 31 2013, 06:33 PM
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Junior Member
353 posts Joined: Jan 2003 From: kuala lumpur
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Maybank 2 Amex
Transaction amount: USD$37.06 Posting amount: RM125.33 Transaction date: 28-Dec-2013 Posting date: 30-Dec-2013 Effective rate: 3.38181 Transaction date: 28-Dec-2013 Exchange rate (Amex): 3.29000 Posting date: 30-Dec-2013 Exchange rate (Amex): 3.29221 |
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Jan 1 2014, 05:03 PM
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All Stars
10,061 posts Joined: Dec 2004 From: Sheffield
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QUOTE(Gen-X @ Dec 31 2013, 05:39 PM) Bro, you kidding me? Surprised me too, make me wonder how long they can last like this. No idea how they can offer such low rate Effective rate: 3.0715 - The last time is was this low was way back in May 2013.Freaking unbelievable!!! Thanks Bro. It still appear as unbilled transaction on AEON system so let's see if they do any changes when the statement come. |
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Jan 1 2014, 10:15 PM
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Senior Member
1,150 posts Joined: Mar 2013
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QUOTE(bearbear @ Dec 31 2013, 09:47 AM) Aeon Visa impossible. can show ur statement. thanks.Transaction Date: 27/12/2013 Posting Date: 27/12/2013 Transaction amount: USD20 Amount charged: MYR61.42 Effective rate: 3.0715 |
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Jan 2 2014, 02:07 AM
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All Stars
10,061 posts Joined: Dec 2004 From: Sheffield
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QUOTE(jkngo2003 @ Jan 1 2014, 10:15 PM) impossible. can show ur statement. thanks. if i want to BS i can just alter my statement as well, your choice to believe or not but that's what i am getting and sharing.  |
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Jan 2 2014, 07:40 AM
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur
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QUOTE(bearbear @ Dec 31 2013, 09:47 AM) Aeon Visa Visa's website showsTransaction Date: 27/12/2013 Posting Date: 27/12/2013 Transaction amount: USD20 Amount charged: MYR61.42 Effective rate: 3.0715 The rate shown is effective for transactions submitted to Visa on December 27, 2013, with a bank foreign transaction fee of 0%. 1 United States Dollar = 3.300443 Malaysian Ringgit Unless AEON did a boo-boo, you are one lucky dude. Even you calculation for Effective rate is wrong... 61.42/20 = 3.071 (why extra 0.0005 appears ?) This post has been edited by ronnie: Jan 2 2014, 07:43 AM |
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Jan 2 2014, 09:44 AM
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All Stars
10,061 posts Joined: Dec 2004 From: Sheffield
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Sorry typo, 61.43 instead of 61.42
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Jan 2 2014, 10:35 AM
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Elite
8,601 posts Joined: Jan 2003 From: KL
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QUOTE(ronnie @ Jan 2 2014, 07:40 AM) Visa's website shows Bro, yes it is very odd. But if you refer to bear bear earlier postings, he got conversion rates less than Visa's for his JPY transactions too and maybe NZD also. Same case for parsona transactions.The rate shown is effective for transactions submitted to Visa on December 27, 2013, with a bank foreign transaction fee of 0%. 1 United States Dollar = 3.300443 Malaysian Ringgit Unless AEON did a boo-boo, you are one lucky dude. Edited: I just published an article on overseas transactions comparing my Maybank Visa Infinite vs Alliance Bank VI vs UOB VI. From my findings, my Visa Infinite conversion rates are like more than 3% above Visa's rate and that would make it above 4% over the spot rate. But with the 5X reward points, I get like 2% cash back with the MBB VI and ABB VI but not the case for the UOB VI. The article also includes a sample calculation as how to determine one's credit card overseas conversion fee over Visa's. And I also included overseas transactions shared by ronnie, bear bear and parsona with their RHB Visa Signature, AEON Gold and AEON Watami respectively. And those of you who do no visit the Foreign Exchange Rate Thread will be shocked to see AEON cards exchange rate. Click here to read my article The Best Credit Cards for Overseas Transactions 2014 This post has been edited by Gen-X: Jan 3 2014, 01:26 PM |
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Jan 5 2014, 08:43 PM
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Senior Member
1,206 posts Joined: Jan 2008
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using maybank visa 2
Transaction Date: 3/1/2014 Posting Date: 4/1/2014 Transaction amount: AUD 651.56 Amount charged: MYR 1979 Effective rate: 3.04 Visa rate: 2.94 3%?  damn high wish I have AEON card This post has been edited by cenkudu: Jan 5 2014, 08:46 PM |
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Jan 5 2014, 08:48 PM
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Elite
8,601 posts Joined: Jan 2003 From: KL
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QUOTE(cenkudu @ Jan 5 2014, 08:43 PM) using maybank visa 2 Bro, I just check, Visa's Rate 2.971 on 4 JanTransaction Date: 3/1/2014 Posting Date: 4/1/2014 Transaction amount: AUD 651.56 Amount charged: MYR 1979 Effective rate: 3.04 Visa rate: 2.94 3%? damn high wish I have AEON card 2.94 maybe you referring to spot rate So it's 2.23% on top of Visa, almost same like my MBB VI 2.25% and 3% to 4% over spot rate is also not surprising nowadays. Click here to read my article The Best Credit Cards for Overseas Transactions 2014 This post has been edited by Gen-X: Jan 5 2014, 08:50 PM |
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Jan 5 2014, 08:55 PM
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Senior Member
1,206 posts Joined: Jan 2008
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QUOTE(Gen-X @ Jan 5 2014, 08:48 PM) Bro, I just check, Visa's Rate 2.971 on 4 Jan Thanks bro, almost hit my face when I saw the exchange rate 2.94 maybe you referring to spot rate So it's 2.23% on top of Visa, almost same like my MBB VI 2.25% and 3% to 4% over spot rate is also not surprising nowadays. Click here to read my article The Best Credit Cards for Overseas Transactions 2014 |
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Jan 9 2014, 11:31 PM
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Senior Member
1,820 posts Joined: May 2010 From: Kuala Lumpur
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MBB VI 02/01/2014
EU52.99 RM245.40 Visa rate on 02/01 : 1 Euro = 4.544251 Rate applied to transaction = 4.631062 1.91% |
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