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?
Credit Cards Maybankard 2 Gold & Platinum Cards V20, 5% M2 Amex on weekend spending (NOT ALL)
Credit Cards Maybankard 2 Gold & Platinum Cards V20, 5% M2 Amex on weekend spending (NOT ALL)
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Nov 9 2018, 05:24 PM
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Junior Member
78 posts Joined: Jan 2013 |
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?
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Nov 9 2018, 05:36 PM
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#2
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78 posts Joined: Jan 2013 |
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May 13 2019, 03:35 PM
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78 posts Joined: Jan 2013 |
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 |
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