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Credit Cards Maybankard 2 Gold & Platinum Cards V12, TP inflation,400TP=RM1 starting 1 May 15
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tctham
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Jan 23 2015, 11:19 AM
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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?
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tctham
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Jan 23 2015, 02:19 PM
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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?
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