posting date

what do you mean by lower? how much lower comparing % to %? 
just to confirm, is your card WMC?

I don't know where you get the exchange rate.... but from my checking, it is RM284.24 at 6/7 transaction date

for transaction exchange rate for mastercard: https://www.mastercard.us/en-us/consumers/g...t-currency.html

Noob Question.

Did a transaction last week, on a world master card.

Using https://www.mastercard.us/en-us/consumers/g...t-currency.html

IF I set the bank fees to 1.9%, it will match the cost of item and what is shown on my statement.

Does this already include the 1% foreign exchange charge by mastercard?
So it is 1% + 0.9% bank charge?

Seems decent enough? (Not as good as ambank WMC i know)

hmmm
i made a transaction on 19 July for USD $ 50.39 on aliexpress using CIMB CR MC
today i check cimb clicks -> 21-Jul-2017 19-Jul-2017 WWW.ALIEXPRESS.COM LONDON GB RM220.27

21 july is the posting date
19 july is the transaction date

https://www.mastercard.us/en-us/consumers/g...t-currency.html
using the above website

for transaction date of july 19, bank fee of 2% USD50.39 = RM220.27 (exact amount charged to my cc)

if i use July 21 posting date,
bank fee of 2% amounts to RM220.50
bank fee of 1.89% amounts to RM220.26
bank fee of 1.90% amounts to RM220.28
cant get the exact amount of 220.27

did i get the calculations right?
so the calculation should be based on the posting or transaction date?

edit : typo

So bank charge 1.9%
Mastercard 1% (already built into the exchange rate)?
Effective 2.9%?

Like that quite high....
I'm trying to convince myself to use this card overseas.. As compared to using local card.
Weighing the value of the points this card as it gives decent miles for overseas spending.

Going Europe in Oct 17 and have to use a lot of $ .. which bank and credit card type is cheapest?  Was reading this blog    and seems like AEON or Public Bank's VISA card charge the least %.        Is my understanding correct?    Please advise.

Thanks.

Recently just found out bank rakyat cc don't have any admin or oversea charge for oversea transaction.

I didn't apply for the card. Just saw it appears in the bank rakyat website stated no additional charge for any oversea transaction

Transaction Type: HLB Essential
Transaction Date: 25/8/2017
Posting Date: 26/8/2017
Transaction amount: PHP3729
Amount charged: RM319.44
Bank rate: 0.08566372
Visa rate: 0.083985
Difference: 2%

I dunno where to find the hond leong bank rate.
You are right, HLB Essential is Zero rate using paypal, it calculate on the posting date.

Transaction Type: HLB Essential
Transaction Date: 25/10/2017
Posting Date: 26/10/2017
Transaction amount: TWD1000
Amount charged: RM140.14
VISA rate 0.140144
bank rate:
Difference: 0%