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Credit Cards Maybankard 2 Gold & Platinum Cards V20, 5% M2 Amex on weekend spending (NOT ALL)

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Vex86
post Nov 9 2018, 05:24 PM

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hi all, missed a bunch of the discussion on SST but heard that M2C is less attractive due to it. Why so and why are people cancelling cards yea?
Vex86
post Nov 9 2018, 05:36 PM

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QUOTE(cybpsych @ Nov 9 2018, 05:27 PM)
u heard wrong  laugh.gif

ppl are cancelling the useless/unattractive card for M2C
*
haha okay... thinking whether I should keep citibank cash back visa over maybank m2visa hmm.gif
Vex86
post May 13 2019, 03:35 PM

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Hi everyone, just want to see what is the correct way to calculate overseas transaction when using AMEX.

From maybank:

"All foreign charges converted by American Express apply a conversion factor of 2.5% to the converted amount. A charge that is made in foreign currency other than U.S. Dollars will, when the conversion is done by American Express, be converted into U.S. Dollars before being converted in the cardmember billing currency."

Say,
Purchase amt : USD 100
Exch rate: 4.15

will the calculation be

USD100 * 4.15 = MYR 415 * 1.025 = 425.38

is my understanding correct? Hope someone here could help smile.gif



 

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