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 Credit Card Foreign Exchange Rate

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Without
post May 4 2014, 01:07 PM

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****
Senior Member
673 posts

Joined: Dec 2007


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?
Without
post May 5 2014, 08:32 AM

On my way
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Senior Member
673 posts

Joined: Dec 2007


QUOTE(alexwsk @ May 4 2014, 11:23 PM)
what is your transaction date and posting date in M2U?
i have one similar transaction as yours 2 posts above
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Transaction date on 30th April, posting date 3rd of May. cry.gif
Without
post May 6 2014, 02:53 AM

On my way
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Senior Member
673 posts

Joined: Dec 2007


QUOTE(alexwsk @ May 6 2014, 12:40 AM)
ur rate is better than mine
transaction 30 apr posted 2 may, so dun complain  laugh.gif
*
Yours is amex, mine is visa, conversion rate is different.
Without
post May 6 2014, 12:11 PM

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Senior Member
673 posts

Joined: Dec 2007


QUOTE(Gen-X @ May 6 2014, 12:53 PM)
I just published my article I Earned 15000 FREE Enrich Miles for Purchasing American Airlines Tickets Which Also Earn Enrich Miles where I bought American Airlines tickets using my Maybank 2 Cards Premier AMEX Reserve.

Transaction Date: 30 April 2014
Posting Date: 5 May 2014 (Monday)
USD4,320.64
RM14,342.60
USD/MYR Conversion Rate = 3.3195545
USD/MYR Spot Rate on 2nd May 2014 (based on Friday's Closing Rate) = 3.2661 (BNM website states 3.2690).
*
Thanks for the article.
It seems Visa do have a higher exchange rate, it's because of admin fees determined by bank itself?
Without
post Oct 21 2014, 11:10 AM

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Senior Member
673 posts

Joined: Dec 2007


Maybankard2 Visa
Transaction Date: 17-Oct-2014
Posting Date: 20-Oct-2014
Transaction amount: AUD 25.1
Amount charged: RM74.35

Visa rate : 2.897071 MYR
Maybank visa rate : 2.962151

Maybankard2 Amex
Transaction Date: 17-Oct-2014
Posting Date: 18-Oct-2014
Transaction amount: AUD 35
Amount charged: RM103.54

Oanda Amex rate : 2.88024 MYR
Maybank Amex rate : 2.95828

You should know what card to use when you travel. brows.gif
Without
post Oct 22 2014, 10:59 AM

On my way
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Senior Member
673 posts

Joined: Dec 2007


QUOTE(mieza @ Oct 22 2014, 08:37 AM)
Maybank Ikhwan Amex
Transaction Date: 21-Oct-2014
Transaction amount: USD 0
Amount charged: USD 1

I received SMS Tq for spending for USD1.00.. I'm glad if someone can explain to me..
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Are you using Paypal with attached the Amex Card?

 

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