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 Merchantrade money VISA, Multi Currency Wallet

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biertrinker
post Mar 9 2023, 05:28 PM

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QUOTE(ClarenceT @ Oct 27 2022, 11:43 AM)
I got Merchantrade card before Wise Card was launched.
Nowadays I use Wise (account) more than Merchantrade.
Good thing is I can use debit/prepaid card to top up Merchantrade account.
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Is Wise better than Merchantrade for remittance?
biertrinker
post May 14 2024, 02:29 PM

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QUOTE(xander2k8 @ Mar 9 2023, 05:31 PM)
Yes better rates because Merchanttrade collect fees on top of the higher FX spread

Downside Wise limit daily rm30k with wallet size rm20k at anytime
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I just compared now. Merchanttrade has better remittance rates. Wise has better exchange rate but also has a high 1% transaction fee. Merchanttrade has lower exchange rate but the transaction fee is a flat MYR 10.
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