g33k_girl t1_j5nhgn8 wrote on January 24, 2023 at 6:23 AM

Reply to comment by theultimateusername in LPT: whenever you buy online or offline in a different currency than your standard one, make sure you don't allow the website or POS machine to charge you in your "home" currency. You want to be charged in the foreign currency. Same with ATMs abroad. by my_n3w_account

Only the savings account did that and was only for foreign ATM withdrawals, we almost never used it. The credit card is excellent and has no forex charges and uses the Mastercard spot rate.

Then about three months ago they removed the charges on the savings account and now only charge the spot rate.

g33k_girl t1_j5lgv00 wrote on January 23, 2023 at 9:11 PM

Reply to LPT: whenever you buy online or offline in a different currency than your standard one, make sure you don't allow the website or POS machine to charge you in your "home" currency. You want to be charged in the foreign currency. Same with ATMs abroad. by my_n3w_account

The exception to this is when the fees to use the card are more than accepting the crap rates to use home currency.

An example my card used to charge A$5 + 5% currency conversion fees where the ripoff machine only charged about 3-4% and no fee on top.