Citibank Visa Signature Forex Rate (Feb-2014)

1)
Transaction date: 20th-Feb-14
Amount Charged: BND 352
Amount Billed: RM 945.61
Citibank Visa Signature Forex Rate: 2.6863

Visa rate: on February 20, 2014, with a bank foreign transaction fee of 0%.
1 Brunei Dollar = 2.6212 Malaysian Ringgit

Admin fee: 2.4835%

2)
Transaction date: 12th-Feb-14
Amount Charged: SGD 118.61
Amount Billed: RM 320.16
Citibank Visa Signature Forex Rate: 2.6993

Visa rate: February 12, 2014, with a bank foreign transaction fee of 0%.
1 Singapore Dollar = 2.6389 Malaysian Ringgit

Admin fee:: 2.2888%

This post has been edited by chongaik82: Mar 17 2014, 12:40 AM

Maybankard 2 Amex

Transaction Date: 11-Mar-2014
Posting Date: 12-Mar-2014
Transaction amount: US$1.29
Amount charged: RM4.34
Effective rate: 1 United States Dollar = 3.364 Malaysian Ringgit
Visa rate: 1 United States Dollar = 3.276908 Malaysian Ringgit
Admin Fee: 2.5%

Transaction Date: 12-Mar-2014
Posting Date: 13-Mar-2014
Transaction amount: US$615.00
Amount charged: RM2,070.76
Effective rate: 1 United States Dollar = 3.367 Malaysian Ringgit
Visa rate: 1 United States Dollar = 3.284419 Malaysian Ringgit
Admin Fee: 2.5%

my recent trip to Australia;

Alliance master plat

hover around 3.01-3.02 MYR to AUD 1

M2C amex plat

hover around 3.05-3.06 MYR to AUD 1

Hong Leong Wise Card

Transaction Date : 19 March
Posting Date : 20 March
Transaction Amount : SGD 21.95
Amount Charged : MYR58.14
Exchange Rate : 2.648747
Visa 0% Rate : 2.596662
Admin Fee : 2.04%

CIMB Cash Rebate Platinum Mastercard

Transaction Date : 19 March
Posting Date : 22 March
Transaction Amount : SGD 18.5
Amount Charged : RM48.83
Exchange Rate : 2.63946
Visa 0% Rate : 2.596662
Admin Fee : 1.65% (include 0.8% cross border fee)

much lower than yours even with cross border fee 0.8% (note sure whether HLB has it). Anyway, mine got 5% rebate due to online transaction

UOB Vox Visa Card

Transaction Date : 19 March
Posting Date : 21 March
Transaction Amount : SGD 55
Amount Charged : RM146.18
Exchange Rate : 2.657818
Visa 0% Rate : 2.596662
Admin Fee : 2.355%

again it is online transaction with 5% rebate. therefore the effective rate is much lower than the visa 0% spot rate

i think i should move my overseas online transaction to CIMB Cash Rebate Platinum Mastercard due to its lower admin even with 0.8% cross border fee


This post has been edited by nothingz: Mar 23 2014, 05:35 PM

If you have a transaction in SGD then there won't be any cross border fee. This fee exist only when your transaction overseas is made in ringgit rather than local currency. As for wise card, the rebate will be 10% so my exchange rate will be much lower! But as a past user of CIMB CC, their forex rate is one of the most competitive.

oh, ok.

this is the first time i really compare their rates. i thought CIMB's forex rate is similar to UOB, from this comparison, i can see the difference already

I will move to Dubai next month..is it worth for me to maintain using maybank 2 card (amex n visa) at there? what and how much fee maybank will imposed to me? admin fee + currency exchange?

since the admin charge for amex, visa and mastercard are almost the same so is it now most important are lower conversion rates ? Is maybank amex better than ocbc titanium in japan ? I didn't want to use aeom watami cos I have used up the rebate on it


This post has been edited by DarReNz: Mar 30 2014, 12:32 AM

Surprisingly there is no Korean won in Mastercard's Currency Conversion tool website.

guys, i'm going korea next two week, anyone know which cc is most recommend to be use there?

Maybankard 2 Amex
Transaction Date: 28-Mar-2014
Posting Date: 28-Mar-2014
Transaction amount: ¥7,040
Amount charged: RM233.02
Effective rate: 68.95022 US Dollar = 226.733 Malaysian Ringgit
Difference - 2.8%

Transaction Date: 29-Mar-2014
Posting Date: 31-Mar-2014
Transaction amount: ¥3,097
Amount charged: RM102.67
Effective rate: 30.12734 US Dollar = 98.29948 Malaysian Ringgit
Difference - 4.5%

Transaction Date: 29-Mar-2014
Posting Date: 2-Apr-2014
Transaction amount: ¥56,700
Amount charged: RM1,848.76
Effective rate: 548.496 US Dollar = 1,789.33 Malaysian Ringgit
Difference - 3.3%

Transaction Date: 4-Apr-2014
Posting Date: 8-Apr-2014
Transaction amount: ¥2,813
Amount charged: RM91.47
Effective rate: 27.26208 US Dollar = 89.08839 Malaysian Ringgit
Difference - 2.7%

Aeon Watami
Transaction Date: 3-Apr-2014
Posting Date: 5-Apr-2014
Transaction amount: ¥4,990
Amount charged: RM160.59
Effective rate: 1 Japanese Yen = 0.031863 Malaysian Ringgit
Difference - 1%

This post has been edited by DarReNz: Apr 13 2014, 01:32 PM

MBB 2 Visa:
========
(a)
Posting date :03-Apr-14
Amount Charged: SG$ 18.83
Amount Billed: RM 50.11

Effective rate for transactions submitted to Visa on April 4, 2014, with a bank foreign transaction fee of 0%.
1 Singapore Dollar = 2.602790 Malaysian Ringgit
Bank Negara Selling Rate (4-April) 2.6009

Admin Fee (Visa Rate) 2.24%
Admin Fee (Bank Negara) 2.32%

(b)
Posting date :29-Apr-14
Amount Charged: PHP 225
Amount Billed: RM 16.92
Effective Rate Charged: 0.0752

Effective rate for transactions submitted to Visa on April 29, 2014, with a bank foreign transaction fee of 0%.
1 Philippine Peso = 0.073570 Malaysian Ringgit

Bank Negara Selling Rate (29-April): 0.073459

Admin Fee (Visa Rate) 2.22%
Admin Fee (Bank Negara) 2.37%

MBB 2 Amex
==========
Posting date :16/04/2014
Amount Charged: SGD $80.74
Amount Billed: RM 215.25
Effective CC Rate: SGD 1 = RM 2.665965


Bank Negara Selling Rate (16-April): 2.59000
Money Master Selling Rate (16-April): 2.600 (http://www.moneymaster.com.my/)

Difference (Bank Negara): 2.93%
Difference (Money Master): 2.54%


Edited: Added MBB2 Amex

This post has been edited by chongaik82: May 1 2014, 12:06 PM

Hong Leong Visa Infinite

Posting Date : 26 April
Transaction Amount : SGD203.50
Amount Charged : RM541.85
Exchange Rate : 2.6629
Visa 0% Rate : 2.6106
Admin Fee : about 2%

OCBC Titanium - Paypal transaction
Transaction Date: 30 Apr 2014 morning 9am (shown as 29 Apr in OCBC online)
Posting Date: Not shown, first appeared in OCBC online 02 May 14
Transaction amount: USD41.60
Amount charged: RM139.01
Effective rate: USD1 = MYR3.3416
Bank Charges: Above 2%

M2 Amex - Paypal transaction
Transaction Date: 30 Apr 2014 night 8pm (shown as 30 Apr in M2U)
Posting Date: 02 May 14
Transaction amount: USD1.95
Amount charged: RM6.53
Effective rate: USD1 = MYR3.3487

So conclusion seems like M2Amex better as OCBC Tit gets 1% cash back and M2Amex gets 2% equivalent points

This post has been edited by alexwsk: May 3 2014, 09:06 PM

Last time I withdrew USD900 from my PayPal , the rate was 1 U.S. Dollar = 3.1847 Malaysian Ringgit..

MBB2Card Visa

Transaction on 30 April 2014 44.95$ USD, charged at RM150.17
After convert, 3.3408 per USD, admin fees seems high

Need a better card for overseas transaction, any suggestion?

what is your transaction date and posting date in M2U?
i have one similar transaction as yours 2 posts above

Transaction date on 30th April, posting date 3rd of May.

ur rate is better than mine
transaction 30 apr posted 2 may, so dun complain