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 Credit Card Foreign Exchange Rate

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vincentxiang
post Nov 17 2012, 11:28 AM

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Citi Clear Card

Transaction Date: Nov 14, 2012
Amount charged in USD: 200
Amount billed in MYR: 625.32
Final exchange rate: 3.1266

Exchange rate estimator : http://corporate.visa.com/pd/consumer_serv...er_ex_rates.jsp
Enter Bank Fee : 1% (as per post#1)
Date Requested : Nov 14, 2012
Final exchange rate: 3.096660

The generated result as below
Attached Image [SIZE=14]

The result is not match shakehead.gif

Does anyone know the reason? Could it be the bank fee not correct? hmm.gif

This post has been edited by vincentxiang: Nov 17 2012, 11:31 AM
vincentxiang
post Nov 17 2012, 04:05 PM

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QUOTE(alfee29 @ Nov 17 2012, 12:01 PM)
You actually save about RM0.21. Here's the calculations:

Based on Visa's exchange rate, the retail amount: USD200 x 3.096660 = RM619.332

Including the 1% bank fee: 1% of RM619.332 = RM6.19332

Total amount that should have been billed = RM619.332 + RM6.19332 = RM625.52532

icon_idea.gif
*
The exchange rate 3.096660 is including the 1% bank fee. If you enter bank fee 0% to the exchange rate estimator (http://corporate.visa.com/pd/consumer_serv...er_ex_rates.jsp), the exchange rate is 3.066 which is match the rate of 3.0966 when entering bank fee 1%


Added on November 17, 2012, 4:08 pm
QUOTE(alexwsk @ Nov 17 2012, 12:28 PM)
use posting date
*
The citibank online account only shows transaction date blink.gif

This post has been edited by vincentxiang: Nov 17 2012, 04:08 PM
vincentxiang
post Dec 6 2013, 09:35 AM

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Maybank 2 Amex
Transaction amount: USD$9.99
Posting amount: RM32.92
Transaction date: 29-Nov-2013
Posting date: 04-Dec-2013
Admin fee: 1%
Effective rate: 3.295295

Transaction date: 29-Nov-2013
Exchange rate (Amex): 3.24404
Posting date: 04-Dec-2013
Exchange rate (Amex): 3.25252

vincentxiang
post Dec 31 2013, 06:33 PM

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Maybank 2 Amex
Transaction amount: USD$37.06
Posting amount: RM125.33
Transaction date: 28-Dec-2013
Posting date: 30-Dec-2013
Effective rate: 3.38181

Transaction date: 28-Dec-2013
Exchange rate (Amex): 3.29000
Posting date: 30-Dec-2013
Exchange rate (Amex): 3.29221

vincentxiang
post Jun 23 2015, 06:31 PM

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Name Of Credit CardMaybank 2 Cards Amex
Transaction Date16 June 2015
Posting Date18 June 2015
Amount charged in GBP15
Amount billed in MYR90.37
Bank rate0.16598
OANDA rate0.16971
fee2.25%

Name Of Credit CardMaybank 2 Cards Mastercard
Transaction Date17 June 2015
Posting Date19 June 2015
Amount charged in SGD5
Amount billed in MYR14.18
Bank rate0.352609
Mastercard rate0.357387
fee1.36%


vincentxiang
post Jul 3 2015, 05:55 AM

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Name Of Credit CardMaybank 2 Cards Mastercard
Transaction Date27 June 2015
Posting Date30 June 2015
Amount charged in SGD5
Amount billed in MYR14.25
Bank rate0.350877
Mastercard rate0.356281
fee1.02%

This post has been edited by vincentxiang: Jul 3 2015, 05:57 AM
vincentxiang
post Jul 11 2015, 09:19 AM

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Name Of Credit CardMaybank 2 Cards Amex
Transaction Date26 June 2015
Posting Date27 June 2015
Amount charged in US$1.95
Amount billed in MYR7.52
Bank rate0.25931
OANDA rate0.26469
fee2.07%

Name Of Credit CardMaybank 2 Cards Mastercard
Transaction Date3 Jul 2015
Posting Date6 Jul 2015
Amount charged in SGD6
Amount billed in MYR17.1
Bank rate0.350877
Mastercard rate0.354863
fee1.14%

This post has been edited by vincentxiang: Jul 11 2015, 09:19 AM
vincentxiang
post Jul 31 2015, 08:53 PM

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Name Of Credit CardMaybank 2 Cards Amex
Transaction Date25 July 2015
Posting Date26 July 2015
Amount charged in SGD108.6
Amount billed in MYR310.77
Bank rate0.34945
OANDA rate0.35969
fee2.93%

Name Of Credit CardMaybank 2 Cards Amex
Transaction Date22 July 2015
Posting Date23 July 2015
Amount charged in USD1.95
Amount billed in MYR7.62
Bank rate0.25591
OANDA rate0.26316
fee2.83%

vincentxiang
post Oct 24 2015, 05:07 AM

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Name Of Credit CardPublic Islamic Bank Visa Platinum Credit Card-i
Transaction Date14 Oct 2015
Posting Date16 Oct 2015
Amount billed in MYR433.02
Amount charged in HKD792
Bank rate0.546742
Visa rate0.539982
fee1.25%

Name Of Credit CardPublic Islamic Bank Visa Platinum Credit Card-i
Transaction Date16 Oct 2015
Posting Date17 Oct 2015
Amount billed in MYR180.72
Amount charged in HKD330
Bank rate0.547636
Visa rate0.540886
fee1.25%

Name Of Credit CardPublic Islamic Bank Visa Platinum Credit Card-i
Transaction Date18 Oct 2015
Posting Date19 Oct 2015
Amount billed in MYR309.97
Amount charged in HKD566
Bank rate0.547650
Visa rate0.540886
fee1.25%

Name Of Credit CardPublic Islamic Bank Visa Platinum Credit Card-i
Transaction Date19 Oct 2015
Posting Date20 Oct 2015
Amount billed in MYR570.01
Amount charged in Macau MOP1062
Bank rate0.536733
Visa rate0.530108
fee1.25%

Name Of Credit CardPublic Islamic Bank Visa Platinum Credit Card-i
Transaction Date19 Oct 2015
Posting Date20 Oct 2015
Amount billed in MYR1738.2
Amount charged in HKD3147
Bank rate0.552336
Visa rate0.545518
fee1.25%

Name Of Credit CardPublic Islamic Bank Visa Platinum Credit Card-i
Transaction Date22 Oct 2015
Posting Date23 Oct 2015
Amount billed in MYR247.46
Amount charged in HKD440
Bank rate0.562409
Visa rate0.555459
fee1.25%

This post has been edited by vincentxiang: Oct 24 2015, 05:09 AM
vincentxiang
post Nov 19 2015, 10:58 PM

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Name Of Credit CardMaybank 2 Platinum Card - Mastercard
Transaction Date12 Nov 2015
Posting Date13 Nov 2015
Amount charged in USD25.88
Amount billed in MYR115.01
Mastercard rate0.228728
Bank rate0.225024
fee1.65%

This post has been edited by vincentxiang: Nov 19 2015, 10:59 PM
vincentxiang
post Nov 22 2015, 12:18 PM

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Name Of Credit CardPublic Islamic Bank Visa Platinum Credit Card-i
Transaction Date06 Nov 2015
Posting Date08 Nov 2015
Amount billed in SGD50
Amount charged in MYR159.06
Bank rate0.314358
Visa rate0.325575
fee3.57%

take note that transaction via Paypal. Guess Paypal may imposes some charge there. hmm.gif

This post has been edited by vincentxiang: Nov 22 2015, 12:20 PM
vincentxiang
post Dec 3 2015, 10:35 PM

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From: kuala lumpur


Name Of Credit CardMaybank 2 Platinum Card - Amex
Transaction Date20 Nov 2015
Posting Date21 Nov 2015
Amount charged in USD8.98
Amount billed in MYR40.03
OANDA rate0.233133
Bank rate0.224332
fee3.92%
noticed that those transaction via Paypal got higher fee doh.gif

This post has been edited by vincentxiang: Dec 3 2015, 10:37 PM
vincentxiang
post Dec 8 2015, 12:02 AM

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From: kuala lumpur


Name Of Credit CardMaybank 2 Platinum Card - Amex
Transaction Date5 Dec 2015
Posting Date6 Dec 2015
Amount charged in SGD20
Amount billed in MYR62.08
OANDA rate3.0038
Bank rate3.104
fee3.34%
P.S.: The transaction via Paypal.
vincentxiang
post Dec 19 2015, 08:12 PM

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Name Of Credit CardMaybank 2 Platinum Card - Mastercard
Transaction Date14 Dec 2015
Posting Date15 Dec 2015
Amount charged in SGD128.11
Amount billed in MYR410.46
Mastercard rate0.327036
Bank rate0.312113
fee4.78%
P/S: paypal transaction

vincentxiang
post May 19 2016, 09:33 PM

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From: kuala lumpur


Name Of Credit CardAEON Big Gold Visa
Posting Date13 May 2016
Amount charged in USD30.99
Amount billed in MYR126.53
Visa rate4.038596
Bank rate4.082930
fee1.09%

Name Of Credit CardAEON Big Gold Visa
Posting Date13 May 2016
Amount charged in USD10.53
Amount billed in MYR42.99
Visa rate4.038596
Bank rate4.082621
fee1.09%

Name Of Credit CardAEON Big Gold Visa
Posting Date13 May 2016
Amount charged in TWD1930
Amount billed in MYR241.39
Visa rate0.123956
Bank rate0.125073
fee0.9%
vincentxiang
post Jun 20 2016, 10:31 PM

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Transaction TypeAEON BIG GOLD VISA CARD
Transaction Date13/05/2016
Posting Date15/05/2016
Transaction amountUS$ 10.53
Amount chargedRM42.99
rate4.082621
visa rate4.042596
Difference(4.082621 - 4.042596) / 4.042596 =1%

Transaction TypeAEON BIG GOLD VISA CARD
Transaction Date13/05/2016
Posting Date15/05/2016
Transaction amountUS$ 30.99
Amount chargedRM126.53
rate4.082930
visa rate4.042596
Difference(4.082930 - 4.042596) / 4.042596 =1%

Transaction TypeAEON BIG GOLD VISA CARD
Transaction Date13/05/2016
Posting Date15/05/2016
Transaction amountTWD 1930
Amount chargedRM241.39
rate0.125073
visa rate0.123835
Difference(0.125073 - 0.123835) / 0.123835 =1%
vincentxiang
post Aug 17 2016, 10:17 PM

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From: kuala lumpur


Transaction TypeCIMB Cash Rebate Platinum MasterCard
Transaction Date30/07/2016
Posting Date2/8/2016
Transaction amountUS$ 10.53
Amount chargedRM 43.82
rate0.240301
mastercard rate0.246548
Difference 2.53%

Transaction TypeAEON BIG GOLD VISA CARD
Transaction Date20/07/2016
Posting Date24/07/2016
Transaction amount3000 Yen
Amount chargedRM117.05
rate0.039017
visa rate0.038632
Difference 1%


vincentxiang
post Aug 25 2016, 07:47 PM

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Transaction TypeAeon Watami
Transaction Date22/08/2016
Posting Date24/08/2016
Transaction amountUS$ 20.76
Amount chargedRM 84.76
bank rate4.082852
visa rate4.049595
Difference0.82%


vincentxiang
post Sep 28 2016, 08:34 PM

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Transaction TypeAEON BIG GOLD VISA CARD
Transaction Date24/09/2016
Posting Date26/09/2016
Transaction amountS$162.43
Amount chargedRM 501.86
rate3.089700
visa rate3.043896
Difference 1.5%

This post has been edited by vincentxiang: Oct 1 2016, 05:44 PM

 

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