QUOTE(ryan18 @ Aug 26 2021, 03:27 PM)
What do you mean by the spread?
This Is multi currency card, so if you exchanged 100 GBP now for RM 581.20 and keep in the card as 100 gbp. in the future if you spend 100GBP it will also be RM 581.20 as you already stored 100 gbp in the card
Spread means actual live FX rate versus merchantrade rates
Current live rate is 5.7591 while you paying stupid merchantrade at 5.812
Absolutely stupidity
there goes 2% to merchantrade laughing to the bank
QUOTE(Nibba @ Aug 26 2021, 03:34 PM)
Will consider the wise to GBP route to hold GBP, if Im happy w the exchange rate... still waiting and see for now
Carrying too much cash not the best option for me, need to travel after I touched down and quarantine, will need a long time before I can open my bank account and deposit the cash
Thanks for all the kind suggestions
2 weeks quarantine is nothing plus you still can use wise to transfer HSBC as well