I would like to ask sifu who always buy air asia tickets. I bought one way air asia ticket with the point of departure from overseas e.g. gold coast. i've changed the currency to RM however when I want to submit my credit card details it still used the home currency Aud. therefore end up paying Aud (the reason I want to use RM is because their rate look cheaper).

Is this normal e.g. they will charge based on the currency of the point of departure?

i experienced the same too even though i have set to MYR.

even u set myr they just convert from the foreign currency to myr.

Hi..

Estimated to spend ~CAD1000+ in Canada.

Anyone can advise which credit card is better? in term of charge and also rewards.

Card options:
1. Maybankard Master
2. Maybankard AMEX
3. Standard Chartered Platinum MasterCard

thank you~!

Amex slap on an additional 2.5% charge so only worthwhile if you spend on weekends (with 5% rebate)

Else always stick to master / visa

Maybankard 2 American Express

Transaction Date: 11-Jan-2014
Posting Date: 14-Jan-2014
Transaction amount: USD 448.78
Amount charged: RM 1504.87
Effective rate: USD 1 = MYR 3.3532
AMEX rate: USD 1 = MYR 3.2845


Admin Fee: 2.05%

Maybankard 2 MasterCard

Transaction Date: 18-Feb-2014
Posting Date: 19-Feb-2014
Transaction amount: TWD 2805.00
Amount charged: RM 311.68
Effective rate: TWD 100 = MYR 11.111
MasterCard rate: TWD 100 = MYR 10.867

Admin Fee: 2.25%

may i know master or visa, which has the best exchange rate? (ignore bank charge factor)

comparison btw Alliance Plat Mastercard and M2k Amex

Note: as Alliance does not display posting date thus i will list based on transaction date

19/2/2014

AMEX
Transaction amount: AUD 22.00
Amount charged: MYR 67.47
Effective rate: AUD 1 = MYR 3.067

Transaction amount: AUD 9.50
Amount charged: MYR 29.10
Effective rate: AUD 1 = MYR 3.063

Mastercard
Transaction amount: AUD 103
Amount charged: MYR 309.49
Effective rate: AUD 1 = MYR 3.005

Transaction amount: AUD 334.85
Amount charged: MYR 1013.73
Effective rate: AUD 1 = MYR 3.027

21/2/2014

AMEX
Transaction amount: AUD 56.59
Amount charged: MYR 172.89
Effective rate: AUD 1 = MYR 3.055

Transaction amount: AUD 385.50
Amount charged: MYR 1177.77
Effective rate: AUD 1 = MYR 3.063

Mastercard
Transaction amount: AUD 11.95
Amount charged: MYR 35.91
Effective rate: AUD 1 = MYR 3.005

Transaction amount: AUD 10.05
Amount charged: MYR 30.05
Effective rate: AUD 1 = MYR 2.990

Bro, your Alliance MC rate not bad.

And here's my Maybank 2 AMEX versus Maybank Visa Infinite posted at my article titled MORE A Little Bit Of This And A Little Bit Of That.

Maybankard 2 Cards AMEX:
Transaction Date 2nd Feb 2014
Posting Date 4th Feb 2014
AUD21.75 - RM 65.52
Conversion Rate: 3.012413

Maybank Visa Infinite
Transaction Date 2nd Feb 2014
Posting Date 3rd Feb 2014
AUD35.00 - RM105.76
Conversion Rate: 3.02171428

The above 2 transactions were performed minutes apart at the same merchant in the late morning but take note of the Posting Dates.

Maybank Visa Infinite
Transaction Date 2nd Feb 2014
Posting Date 4th Feb 2014
AUD120.00 - RM367.87
Conversion Rate: 3.06558

Above transaction was performed in the late afternoon.

Look at the Maybank VI conversion rates of 3.02171428 and 3.06558 vs AMEX's 3.02171428!!!

Too bad I only used my Maybankard 2 AMEX once in Melbourne, the next trip, I must go use it more often and see if the AMEX's overseas conversion rates are consistently lower than the Maybank Visa's rates. If it is lower, then I must seriously consider getting the Maybank 2 Cards Premier like I mentioned in my above said article.

This post has been edited by Gen-X: Feb 25 2014, 05:45 PM

Transaction Date: 17/02/14
Amount Charged: £31.20
Amount Billed in MYR: RM176.55
Rate: £1 = RM5.659

surprised me that the VI has such high exchange rate, higher than Amex is really no joke

Hi All, seriously need some advice on overseas spending as i seldom travel outstation.


Estimated to spend ard 3000 to 4000 myr by credit card for Japan luxury handbag hunt. Too many wishlist from my friends @@

Anyone can advise which credit card is better? in term of charge and also rewards.

Card options:
1. Maybankard 2 card Master
2. Maybankard 2 card AMEX
3. UOB ONE card Visa

thank you~!

If the merchant accepts AMEX, then Maybankard 2 AMEX as you get 5X TP, else MBB 2 MC.

master gen-x thx for ur advice.

bro u can search my post back last year, my gf enjoyed quite abit of discounts 5% with visa card in Japan when she went there back in June 2013. Not sure what's the hype about visa in Japan.

I also reported that she got very low conversion rate with AEON card, some members report high exchange rate but my experience so far with them has been good, sometimes lower than rate published by visa and at times exactly 1% charge imposed only.



This post has been edited by bearbear: Mar 1 2014, 09:53 AM

Hi! Does anyone know what non Amex card to use in Cambodia(mainly uses usd)?Between Citibank, OCBC, Maybank and CIMB who has better rates and would you recommend master or visa? Does it matter gold/platinum/visa infinite? Thank you so much for your time.

I wonder the weekend 5% cash back for amex2 card depends on your posting or transaction date?

My RHB Visa Signature's admin fee for foreign transactions is at 2%.
Previously it was 1% only


Posting Date : 11 Mar 2014
Amount : MOP324.00
Posted : RM135.62
Exchange rate: 0.41858

Visa's base rate (0% admin fee) on 11 March 2014 : 0.410333

Since Maybank had quite significant increase on their change rate admin fees (2-2.5 %) is it worth now to consider to use Amex (if the shop accept)? at least I can get 5 TP. anyone has used HLB Matta platinum card in overseas as they said can get 1% rebate (= to ocbc titanium)?

This post has been edited by cenkudu: Mar 16 2014, 04:09 PM