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Credit Cards What is Cross Border transaction fees ?, Charge by Visa / MasterCard

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adele123
post Sep 19 2014, 10:27 PM

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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.

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adele123
post Dec 9 2014, 04:39 PM

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QUOTE(midnight_plue @ Dec 9 2014, 04:36 PM)
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.
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you mean online AND foreign currency right?

this fee is charged if online (gateway outside malaysia) BUT local currency... doesn't apply to you?
adele123
post Dec 9 2014, 05:26 PM

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QUOTE(midnight_plue @ Dec 9 2014, 04:46 PM)
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 tongue.gif
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if paypal, and not MYR, you don't have this cross border fee... cause already incurred charges due to forex.
adele123
post Dec 10 2014, 09:13 AM

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QUOTE(midnight_plue @ Dec 9 2014, 05:38 PM)
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?
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best if you refer here
adele123
post Dec 21 2015, 09:41 AM

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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% grumble.gif
adele123
post Dec 22 2015, 02:02 PM

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QUOTE(laymank @ Dec 22 2015, 12:23 PM)
bear in mind air ticket is not eligible for CIMB cash rebate, meaning you'll get 0.8% fee , but 0.2% rebate.
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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
adele123
post Dec 30 2016, 12:10 AM

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QUOTE(hitch80 @ Dec 30 2016, 12:04 AM)
I am not so sure about this cross border fee being a fixed % rate.  Coz I am using the CIMB card for spotify.  Initially spotify will charge the exact amount of RM22.40.  After the final amount, the first month was RM22.58 and second month was RM22.62.  Is it possible that it relates to the currency exchange rates? With the current ringgit condition, it might gets higher
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Recently reported. This cross border fees increased from 0.8% to 1.0%.

Do your own calculation and you will know
adele123
post Jan 6 2018, 12:10 AM

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QUOTE(sneaker @ Jan 5 2018, 10:28 PM)
CIMB cash rebate & Petronas CC charge 1% at PS Store. Anyone know if other bank CC also charge the same?
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You can follow the list in post 1. Mst bank cards i have do not charge except cimb. I read somewhere or someone in forum mentioned, the fee only charged on cimb cards that pay cash rebate. Supposedly not all cimb card.

Cancelled my cimb card anyway. Whatever.

 

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