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 Credit Card Foreign Exchange Rate

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poolcarpet
post Feb 4 2013, 11:20 PM

On my way
****
Senior Member
548 posts

Joined: Sep 2005
From: Mars
Contributing some data here....

Transaction Date : 31-Jan-2013
Posting Date : 1-Feb-2013
Amount charged in foreign currency : US$249.03
Amount billed in MYR : RM793.70
Final exchange rate : USD 1 = RM 3.187

Looks like I got a bad deal... 3% charge by bank? (Maybank AMEX)

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This post has been edited by poolcarpet: Feb 4 2013, 11:21 PM
poolcarpet
post Feb 4 2013, 11:40 PM

On my way
****
Senior Member
548 posts

Joined: Sep 2005
From: Mars
doh.gif lesson learned... not gonna use AMEX for any non RM transactions.. or even overseas....

"- Maybank VISA/MasterCard : 1%
- Maybank American Express with Maybank logo on top : 2.5%"


QUOTE(MilesAndMore @ Feb 4 2013, 11:36 PM)
Because it's an AMEX. Do refer to the 1st page for more information  smile.gif
*

 

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