18/6/11- M2 Amex

SGD 17.90 - RM 45.20 --> 2.5251

19/6/11- M2 Amex

SGD 9.36 - RM 23.62 --> 2.5235

20/6/11- OCBC Ti

SGD 22.35 RM 56.39 --> 2.5230

As you can see, the OCBC Ti Master exchange rate is on par with the M2 Amex. Unless the exchange rate fluctuate so much in 1 day which I dont think so, it is not worth using it for overseas transaction.

My usage of my cards while I was in Australia.

Maybank2Kard Mastercard

Posting Date 06-Sep-2011
Transaction Date 05-Sep-2011

A$277.12 RM881.54 (3.181)

Posting Date 06-Sep-2011
Transaction Date 02-Sep-2011

A$29.99 RM94.44 (3.149)

Posting Date 05-Sep-2011
Transaction Date 03-Sep-2011

A$118.00 RM375.37 (3.181)


Maybank2Kard Amex

Posting Date 05-Sep-2011
Transaction Date 03-Sep-2011

A$3.48 RM11.45 (3.290)

Posting Date 05-Sep-2011
Transaction Date 03-Sep-2011

A$5.98 RM19.70 (3.294)

Posting Date 05-Sep-2011
Transaction Date 03-Sep-2011

A$25.96 RM85.55 (3.294)

Posting Date 30-Aug-2011
Transaction Date 28-Aug-2011

A$50.00 RM161.93 (3.239)

OCBC Ti MC

Transaction Date 30-Aug-2011
A$45.45 RM146.98 (3.234)

Transaction Date 31-Aug-2011
A$27.80 RM89.91 (3.234)

Transaction Date 02-Sep-2011
A$3.98 RM12.78 (3.211)

I would not risk using OCBC Ti anymore as few of the cafe I went in Melb (could happen in other places too) does not reg the 5% rebate MCC. If you are 100% sure that it is in 5% category, then go ahead else I would use the Maybank Visa.

But on weekend, using the Amex still gives you more rebate despite the 2.5% charges.

Use the MBB cause it provides lower service charges unless you are absolute sure of the MCC that you are going to get the 5% discount for the OCBC. There are few cafes I went in Melb did not reg my transaction under the 5% category.

I made one USD transaction in October using my MBB2 Master. Hope it helps in your tabulation.

Maybankard2 Master
Transaction date : 5 October 2011
Posted date : 5 October 2011
Amount charged in foreign currency : USD 21.05
Amount billed in MYR : RM 67.85
Final exchange rate : USD1 = RM 3.2233

Mastercard rate on 5 October 2011: RM 3.1815
Charges: 1.013%

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.

Oh yeah. Sorry, I calculated wrongly.

Hmmm, the rate is kinda high.

This post has been edited by tifosi: Feb 13 2012, 09:44 PM

Surprisingly there is no Korean won in Mastercard's Currency Conversion tool website.

Visa has a higher spot rate than Mastercard if you compare them daily at their respective website. But ultimately, it is still up to the banks how much Admin fees they want to charge.