Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

Credit Cards Maybankard 2 Gold & Platinum Cards V12, TP inflation,400TP=RM1 starting 1 May 15

views
     
tctham
post Jan 23 2015, 11:19 AM

On my way
****
Junior Member
653 posts

Joined: Aug 2010


QUOTE
18. This is what is mentioned behind our Maybankard Statement - Foreign Charges converted by AMEX apply a coversion factor of 2.5% to the converted amount plus 0.5% administration cost imposed by Maybank.


Hi All,

Would like to ask about this. Does this means, if I purchase a watch from an Online Watch Store that costs USD520, (using Google conversion) it will cost me MYR 1866.64, then Amex + MBB administration charges will add another 3% (MYR 1866.64 * 0.03=MYR56), bringing my total expenses for this transaction to MYR 1922.64?
tctham
post Jan 23 2015, 02:19 PM

On my way
****
Junior Member
653 posts

Joined: Aug 2010


QUOTE(tednet @ Jan 23 2015, 12:40 PM)
please mind u that bank foreign conversion is much much much more higher than Google and most currency exchange company...
*
Oh. Noted on that. This means that the I will have an outrageous conversion rate on top of the conversion charge (from AMEX & Maybank administration)?

That sounds.. rather steep. Then, is there any alternative that I can take or this is just to inform me in advance to be mentally and financially prepared to buy that watch?

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0316sec    0.74    7 queries    GZIP Disabled
Time is now: 29th November 2025 - 08:33 AM