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

guess u have to apply another sg cc which doesn't have this fee

Only Citibank Singapore do not charge cross border fee.

Planning to buy stuff from Apple Store site, which card doesn't charge cross border charges?

I have

HSBC, HLB, CIMB, BSN, PB, and SC cards

Am only sure HLB , CIMB and SC charge cross border.

0.8% border fees still lower than the currency exchange right?
normally i saw currency exchange admin fees is about 1.x%.

am I wrong?

if u buy online and foreign currency then u will get hit by both and cimb foreign exchange is not low about 2.5%

sorry, abit confuse. Do you mean:
if buy in RM - got charge cross border fees 0.8%
if buy in other currency - got charge cross border fees 0.8%+ 2.5% currency exchange?

for other currency i believe it should be 0.8 + 1.7% not 100% sure

For other currency there's no cross border fees. It only apply when the gateway is in a foreign country while the transaction is in RM.

thanks tifosi for the clarification

if buy in RM - got charge cross border fees 0.8%
if buy in other currency - got currency exchange 2.5%

wow. thanks for the explanation!

This post has been edited by wan7075: Aug 8 2014, 08:32 AM

BSN Credit Card didn't charge the cross border transactions fee for my purchase at Apple Store website

I wonder if banks only charge 0.8% to selected website only? It shouldn't be that case right? But I'm been using HLB Wise to purchase from 2 Korean website, non of them charging extra than initial conversion amount. I can see the different (additional charges) when using CIMB card.

as long the payment system is outside of malaysia, will get charged

Reporting no cross border fee when purchase Xiaomi using HLB Wise...i can safely assume HLB Wise won't charge cross border fee. But I would prefer to find cards that give some reward like cashback or points yet not charging cross border fee, any idea?

public bank, maybank and aeon

This post has been edited by DarReNz: Sep 5 2014, 11:29 AM

i am concern about the currency exchange rate now. which bank has the lowest rate, anyone? most of my online purchase are in foreign currencies. and to clarify, if i am buying something from Amazon.com, the bank only charge me currency exchange right? since i pay USD.

best would be aeon cards, if you used mbb2 cards and pay in usd the difference would be between 2.5 to 3%

amazon.com now does have option to pay on your cc currency..e.g malaysia card allow to be pay with RM (using amazon exchange rate)..
so you need to find out amazon exchange rate better or cc (bank) exchange rate better..

Just want to update. this is kinda old. HLB CC payment doesn't charge cross border transaction fee when i purchased my ipad at apple store.

I bought mine back in Jan 2014.

arrgghh...i did read this but forgotten about it. now i just charge my iphone/ipad purchases using CIMB card. darn! i should have use my MBB

This post has been edited by idoblu: Nov 8 2014, 10:51 PM

Buy Xiaomi Mi3 in Malaysia Mi Store ...By PayPal (SCB Card) Also Get Charge 0.8% Cross Border Transaction Fee

i use public bank card no cross border fees

yeah good to use mbb, pbb, aeon cards all no fees

Does Citibank charge Cross Border if purchase from Apple Store Malaysia (Online) ?

no cross border fee using citibank cc at aliexpress

u should update the first page with the mentioned banks

seems like i gotten myself the wrong card CIMB cash rebate and should have opt for maybank! >.<

cancelling CIMB pronto since i do my purchases mostly online and in foreign currencies. ugh.

you mean online AND foreign currency right?

this fee is charged if online (gateway outside malaysia) BUT local currency... doesn't apply to you?

yup, online and foreign currency.

use a lot of paypal and buy stuff from international locations, so... don't see it's use to me now. LOL

local wise i buy mostly from lelong, or those indie online seller, not applicable for the cross border fees d

if paypal, and not MYR, you don't have this cross border fee... cause already incurred charges due to forex.

oh! okay~ that means got the 2.5% forex charge right if i read previous post correctly...
the 2.5% forex charge all banks also got this charge right?

best if you refer here

I kena the 0.8% with CIMB card when i bought from XIAOMI
So, it's CIMB and a few other that charges this?

How do they categorized them as cross border transaction.

This post has been edited by twho: Dec 27 2014, 07:02 PM

Bought iPad at Apple malaysia website, item shipped from Apple singapore. Purchased by my SCB credit card. Net price same as website no extra charges.

Purchase item from http://www.qoo10.my/
got any border charge?
Using CIMB cc.

This post has been edited by boonhan: Feb 1 2015, 12:54 PM

what about Lazada? got charge?

Purchase from Mi Malaysia. Paid using Paypal, link to my CIMB credit card. When it is published in my CC account, extra charge of 0.8%...

Reported previously by other forummers too... too bad

when the payment gateway is outside of malaysia you'll get charged

ronnie can you add public bank and aeon in there doesn't have the cross border fees

This post has been edited by DarReNz: May 21 2015, 09:20 AM

just want to confirm; if i use paypal to pay for something in ringgit, will i be charged cross border fees if i use cimb cc ?

Must avoid CIMB cards...

I have just learned the painful lesson....

You will be charged 0.8% cbf.

Groupon. CIMB CR.

Bought iPhone 6S+ 128GB from Apple Store MY, CIMB charged me extra 0.8%.......

ask here?

Just realised airasiago.com is not local payment gateway.

According to cimbclicks... it says FR... france???

So yes, bookings via airasiago.com will incur 0.8%

hi friends,

I've recently spent my cimb card overseas. They had informed me that the conversion rates comes visa international. Upon checking at visa website, there is a place where we can input our bank fees where i keyed in 1%. Upon checking my bill, i realised that i was overcharged with 1% extra by cimb.

This means visa gives a horrible exchange rate and top of that charges 1% exchange rate. Then Cimb charges 1% extra. Total is 2% instead of 1%.

Has any bro's been through this situation. I lodged official complain with BNM and guess what. i opened all my bill dated 7 years and got my extra 1% back. Please be aware!!!!!!!

Another thread u posted as 6 years but over here u mention 7 years? Lol

bear in mind air ticket is not eligible for CIMB cash rebate, meaning you'll get 0.8% fee , but 0.2% rebate.

the booking for airasiago, not airasia... i was hoping i would get 5% this was for a hotel not air tickets...

and also seriously i didn't think i was gonna get 0.8% for airasiago

I am well aware of the keyword 'airasiago'.

Since AirAsiaGo offers booking both flight and hotel booking through the same payment gateway, I am not that optimistic it has the capability to differentiate your booking type (air or hotel). Hence there is a likelihood the payment gateway is registered under air ticket (Not sure).

Or better still, if it is under 'Online' category MCC.

I'm using paypal, doh mmg kena slaughtered kaw kaw.


This post has been edited by 47ronin: Dec 23 2015, 03:06 PM


Attached thumbnail(s)

mind to share your bnm letter?

Wah!! Can claim back, I also want !

Just wondering what is the basis of your claim?
Does CIMB TnC say they charge 1% over exchange rate ? or is it BNM's rule that banks can only charge 1% ?

but did you get 5% cash back?
if get, then still earn money what.

Damn it, registration for Nike Run also kena cross border charge!

Description is Forte W Palm Beach US

Yes 5% cashback for both domain (Name.com) & Minecraft.

great, next time all online purchase I'll use this card.

i remember reading somewhere that purchasing from xiaomi malaysia comes with additional cross border fee for using cimb cr?

well, the description in cimbclicks is MOLPAY*XMSB-XIAOMIMALA SELANGOR MY, no additional 0.8% cross border fee though.

0.8% cross border fees apply if paid by PayPal (because Paypal payment gateway is outside Malaysia, nothing to do with Xiaomi). I assume you paid via Molpay based on the description?

yes, i know that now after transacted from official xiaomi site. no cross border fee applied.

Meaning you didn't go through Paypal but pay through CC directly?

A payment gateway within Malaysia will not have cross border fee.

i never had the intention to go thru paypal

earlier, i was stating NO cross border fee for CIMB CR with xiaomi malaysia, as it went thru local molpay gateway.

yep, i remember few years ago, xiaomi malaysia doesnt use molpay. i could be wrong

Is buying air tickets thru Expedia in RM considered local purchase or foreign? If in local RM does it attract "cross border fee"?

Now I understand why sometimes the amount charged to credit card is higher.

SCB charged a fee for airbnb and sometimes when groupon used a foreign gateway, CIMB charged fee too.

i just bought something at ebay

last time i tired, paying using paypal and direct using credit card seems to be at the same rate, which is paypal's rate (much higher)

how can i use the real current rate? can someone guide me? thanks in advance

you will kena cross border fees if you use the cards listed on the first page to pay with paypal

maybe you can try and let us know, if use local gateway ipay88 should not have a fee

do you mean that if i pay using one of the listed cards below:



i can save some $?

paypay usd rate is around 0.25 to RM1 the few other times i paid using paypaly that is linked to my HLB card
the other day tried paying direct using ambank credit card, same rate

both are on ebay items

cross border fees are extra fees which is 0.8% that you have fork out and yeah for the banks that don't charge means they are the ones actually absorbing the cost .... so far I have known Aeon gives the best exchange rate .... take a look at this thread to compare https://forum.lowyat.net/topic/1845691

any difference if i pay an ebay item using paypal (that is linked to my CC) or directly checkout using CC?

so far i tried both methods, i paid the same rate on both occasions

am i doing this right? could i have saved more using a method that you guys know and i dont? biggrin.gif

thanks in advance for your reply