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 Merchantrade money VISA, Multi Currency Wallet

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Dexter
post Jul 15 2019, 11:09 AM

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For me it's another debit/prepaid card which I think is very common.
Since top-up via credit card is not allow, it's probably very similar to other debit card in the current market.

Multi-currency feature is unique, let's see if anyone can share experience using this. I got mine and activated the card, but no time yet to activate this at their nearest branch.
Dexter
post Jul 16 2019, 01:26 PM

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QUOTE(MR_alien @ Jul 15 2019, 04:52 PM)
i register at the counter yesterday, got the card and MCW activated
asked their CS
it seems, u just change the currency u want in their app
then go to that country to swipe the card and it will deduct the amount of "foreign currency" that you've preloaded inside the MCW

at least thats what the CS have told me just now
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Now I get it. Thanks for sharing the usage of foreign currency via the card.

I initially thought when we have foreign currency, we can go any dedicated multi-currency ATM to withdraw cash in that specific currency. Look like I'm wrong. But good for me as I'll be traveling to Thai soon.

QUOTE(MR_alien @ Jul 15 2019, 06:57 PM)
it can also be used to make money via forex as well(if hold it long enough)
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True, within the limit allow to store in this card. icon_rolleyes.gif
Dexter
post Jul 17 2019, 11:36 AM

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QUOTE(MR_alien @ Jul 16 2019, 02:09 PM)
to clarify to those
if u have preloaded MYR in there and spend overseas, they will convert it back to MYR and deduct the MYR inside your wallet
but if u have changed foreign currency within the app, if u spend 300thb for example, it will deduct 300thb from your wallet

that's their definition of "lock in rate and spend abroad"

user posted image
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ohh, tq for sharing. it's very useful information to me and forumers.

Dexter
post Jul 29 2019, 02:32 PM

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QUOTE(CloudComputer @ Jul 26 2019, 11:51 PM)
Hi Bro,

Have you returned from Thailand? Please share us your experience.  biggrin.gif  biggrin.gif
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Not yet. Coming Nov. WIll share..haha
I hardly use credit card previously in Bangkok due to high exchange rate. I use cash instead.

 

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