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 Credit Card Foreign Exchange Rate

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Hasuu P
post Jul 21 2019, 09:43 AM

New Member
*
Probation
12 posts

Joined: Jul 2019
Used PBB Visa on a JPY transaction

Date: 17 July 2019
Amount: 25850

Visa Website: 1001.06 (after taking into account 1.25% bank charge).
PBB Amount: 1006.38

1006.38 - 1001.06 = 5.32
5.32 / 1001.06 x 100 = 0.53%+1.25% = 1.78%

Does that mean it's less than 2% charge?

QUOTE(mastering @ Jan 14 2019, 10:15 AM)
Sharing MU VI vs Amex Reserve of M2CP

Amount $10

MU VI (posted 20/12)
Visa website = 31.20
MBB = 31.91
Transaction fee = 2.28%

Amex (posted 21/12)
Visa website = 31.16 (can't find exchange rate calculator for Amex)
MBB = 31.97
Transaction fee = 2.60%

Conclusion, use MU VI, at least for M2CP
*
Calculated based on this formula^

 

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