Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsCredit Card Foreign Exchange Rate
|
|
 Apr 28 2011, 11:53 AM
Return to original view | Post
#1
|
 
Senior Member
939 posts Joined: Jan 2003 From: Penang 
|
QUOTE(beyond86 @ Apr 21 2011, 08:25 PM) know from many senior here that MBB Visa/Master is lowest Thought that too until I saw this  QUOTE Conversion Rate source: Affin BankThe conversion rate is determined by VISA International or MasterCard International. AFFINBANK does not charge any additional fee. |
|
|
May 1 2011, 08:50 AM
Return to original view | Post
#2
|
|
Senior Member
939 posts Joined: Jan 2003 From: Penang
|
QUOTE(chunglern @ Apr 30 2011, 02:38 PM) That is what ALL bank credit card says, but in fact, they sneakily suck ur money from the high exchange rates. The exchange rate is determined by VISA, MasterCard or AMEX la duh. That's how they make money.I've tried the following credit card @ Australia: SCB Business Visa Platinium - expensive Maybankard 2 Gold Card - VISA: cheapest / AMEX: expensive Citibank Platinium Cash Back - expensive All 3 banks I called to ask if there are extra changes and all said none. Just sharing... And I don't trust what our crappy bank officers from Malaysia said, most of them have little idea what they are really selling. See below, all 3 banks you mentioned has additional fees as stated in their "fees and charges" section. SCB --> 1%, source: SCB "fees and charges" Maybankard 2 Gold Card - VISA --> 0.5% for VISA, 1.5% + 0.5% for AMEX. Source: Maybankard 2 Gold Application form. The AMEX 1.5% might be a typo, as everywhere else I see 2.5% for their AMEX cards. Citibank --> 1%, source: Citibank "fees and charges" |
| Change to: |  0.0506sec
 0.55
 7 queries
 GZIP Disabled
Time is now: 17th December 2025 - 11:45 AM |
Quote