Visa and MasterCard now charge a cross border transaction fee even when no currency conversion occurs. This relatively new fee - “cross border transaction fee” (MC) or “International Service Assessment (ISA) fee” (Visa) – was initiated by Visa and MC to ‘fight’ usage of the international credit card processing network when no currency conversion occurs.

Source: http://www.creditcardprocessing-r-us.com/C...ansaction-fees/

Reported Cases

1. Apple Store Malaysia (payment gateway in Singapore)
- CIMB
- SCB

2. LivingSocial Malaysia (payment gateway in Australia) [+0.8%]
- SCB
- HLB

3. Agoda Online Booking (payment gateway in UK) [+0.8%]
- CIMB
- SCB

4. Expedia
- CIMB

5. Dell
- CIMB

6. PayPal
- CIMB

7. AirBNB [+0.8%]
- CIMB

8. Uber [+0.8%]
- CIMB
- Citibank

9. Fave by Groupon
- CIMB

10. Shopee Malaysia
- CIMB, SCB

11. Netflix
- HLB 1%

12. Booking.com
- HLB 1%

Banks which doesn't charge
- OCBC
- Maybank
- Ambank
- UOB
- Alliance Bank
- Citibank (@ Aliexpress)
- AEON Credit
- Public Bank

This post has been edited by ronnie: Sep 12 2024, 12:01 PM

I just charged my LivingSocial Malaysia purchases to OCBC Titanium last week. No 0.8% charge.

Yeah i was charged 0.8% using SCB card on Living Social. Called SCB and they are not absorbing it. Im checking with Living Social.

ronnie, pls update these...thx.

Apple Store Malaysia (payment gateway in Singapore)
Banks that will charge: HLB
Banks that not charge: Ambank, UOB, Alliance

er... if i charge Apple Store with Public Bank credit card, does it charge?

thank you this info. SCB make me so confuse.

How much is the cross border transaction fees usually? 0.8% is damn high for Apple Online Store. More than RM 30 already.

Thanks for the thread, CIMB card will be banned for me after using a year or less as I got hit with the fees using it for paypal , just a heads up by using Citibank I didn't get charged extra when buying through Apple store Malaysia

This post has been edited by DarReNz: Sep 4 2013, 02:40 PM

ronnie Can you update these into the list?

PayPal & Dell (both with CIMB Cards)

AirAsia: CIMB Mastercard

airasia also have ?

Yeah apparently they do.
I paid for RM522, but was charged RM526.18 instead. Called the centre, they said it was a fee charged by MasterCard. Cos the payment centre was AirAsia Philippines.
-.-

how we know if we kena this 0.8% Cross Border transaction fees
does it show separately under the card statement or it will lump into the item that we buy ?

It will lump into your retail price. You will notice it after all because u are using ringgit overseas.

yeap definitely u will notice it cos the total quoted price is in ringgit but when it appear on your online banking/bank statement u would see an extra 0.8%

but anyway if u are fine with 4.2% cash back and the amount is not that huge still ok to use it don't think you can complain this to bank negara

This post has been edited by DarReNz: May 29 2014, 11:44 AM

How about aeon watami ??? any additional charges
just started using this card for their rebate

why don't u try and let us know ?

does itunes have the fees ?

got

I have Singapore credit card and I use it in Brunei to pay for my meal. I thought no currency conversion since BND is peg with SGD. Turns out I was charge this cross border transaction fee for every transaction