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 Credit Card Foreign Exchange Rate

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haruyap
post Aug 11 2012, 01:11 AM

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Joined: Jan 2008


Hi guys. I have a question to ask.

I'm trying to pay for my graduation fees to Australia. They are charging me 130AUD. However I'm not sure how much will local bank charge if I use credit card to pay for it.

I seen some replies above and they said there are 5% extra charge for weekend payments? Is this true to all credit cards?

Say if I'm using Maybank Debit MasterCard, will the charges be as follow:

130 AUD x 0.5% x 3.*** (follows the rate it gets processed) = 136.5 AUD x 3.**** = Roughly around RM436.

Is that all that I need to pay?

Or would you guys recommend me to just get a bank draft....

Thanks in advance biggrin.gif

 

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