I just posted an article on my Maybank Visa Infinite transactions mentioned above.

And based on Visa rate, the MBB's Overseas Admin Fee is like 1.25%    Click below link to read more.

Thanks for the info. One thing for sure is that Alliance MC rate is lower than Alliance Visa.

Card Transactions in Foreign Currencies

Card Transactions in foreign currencies other than US Dollars will be converted into US Dollars before being converted into Singapore Dollars. Card Transactions in US Dollars shall be converted to Singapore Dollars on the date of conversion. All conversions are subject to such exchange rate at such time as may be determined by the respective card association(s), namely Visa International Service Association and/or MasterCard International Incorporated at its absolute discretion. The conversion rate applied is based on the Posting Date of the Card Transaction to the Card Account which may be different to the rate in effect on the date of the Card Transaction. The Bank shall charge the Cardmember the converted amount, an administrative fee of 1.5% of the said amount (or such fee as the Bank may determine from time to time), and any charge levied by the card associations. The Bank may charge, credit and debit, as may be appropriate, all sums payable to the Bank under this Agreement to the Card Account.

BUT, here is the shocking thing, behind my separate MBB VI, it states the following:

"Foreign charges applies a conversion factor of 2.5% to the converted amount and charges that is made in a foreign currency other than US Dollars will be first converted into US Dollars before being converted into Ringgit Malaysia" WTF     

No wonder the MBB VI earns us 5X TP overseas.

Exchange should be as of posting date which is when the bank remits the money to the merchant. Thus the term "posted".

13.3 Where the Cardholder uses the Credit Card outside Malaysia, the
transactions shall be charged in the official currency of the country
concerned and converted into Ringgit Malaysia at such exchange
rate and at such time as it is determined by American Express or
MasterCard / Visa International at its absolute discretion.

13.5 All foreign charges converted by American Express apply a
conversion factor of 2.5% to the converted amount. A charge that
is made in foreign currency other than U.S. Dollars will, when the
conversion is done by American Express, be converted into U.S.
Dollars before being converted in your billing currency.

13.3 Where the Cardmember uses the Credit Card outside Malaysia, the
transactions shall be charged in the official currency of the country
concerned and converted into Ringgit Malaysia at such exchange
rate and at such time as may be determined by Visa International
at its absolute discretion on the date it is processed by Visa International,
depending on the card used. In addition, the Cardmember also has to pay
the administrative costs at a rate of 1% or at other rates will be determined
by Maybank for conversion transactions made in foreign currencies.

Maybank Manchester United Visa
Transaction date : 31 January 2011
Posted date : 31 January 2011
Amount charged in foreign currency : USD 7
Amount billed in MYR : RM 21.65
Final exchange rate : USD1 = RM 3.0929

Visa rate on 31 January 2011: RM 3.0550
Charges: 1.012%

I haven't gotten any 0.5% rate in recent transactions.

Mixed. Have samples for all 3.

Executive Summary:
MBB Visa - 1.25% admin charge based on Visa forex rates on posting date
MBB Mastercard - 1% admin charge based on Mastercard global forex rates on transaction date

AEON Watami Visa CC
Transaction Date: 22-Feb-2015
Posting Date: 25-Feb-2015
Transaction amount: ¥272,584 JPY
Amount charged: 8452.98 MYR

Visa rate 1 JPY = 0.030895 MYR

Visa rate @ 0% fee = MYR8421.48268

AEON fee = 0.374011574883391%

the increase was reported few months ago

While Maybank claims it is only 1%, we all know that it is more than that. That is why the final exchange rate he got is RM3.3826.

Update: I just called Maybank hotline to inquire about what is the admin fee % they charge for foreign transactions. The customer service guy told me 1%. So I told him from my calculation is was 2.26%. So he is going to double check with the relevant dept tomorrow (they are closed now) and call me back. I will update you guys once I hear back from him.

All oversea online transaction, VI also entitled 5X TP
If the trader is at US, trade with USD......AMEX is the choice