Jump to content

MasterCard exchange


riclag
 Share

Recommended Posts

Just for example yesterday I tested my USA credit card (no foreign exchange fee). Oh yes I asked for it  in Baht at the cashier ! I’m told Topps doesn’t charge to use a Card.

11/3/21  TT buying rate was 33.26 
The amount in Baht was 264.

in dollars it was 9.26 ! 
I’m not sure what the total fees that were incurred .I know master card charges 0.20% points to  convert.

Anybody know how to figure this out!

 

 

Link to comment
Share on other sites

1 hour ago, Faz said:

You got 28.51 BHT to 1$.

If TT rate was 33.26
                     -   28.51
Charge              4.75 BHT per $

Thanks Faz

That settles that ! I ain't ever gonna use my credit  card here again! Instead I'll just use the atm and pull my  budgeted $700 and  deposit it in my Bkk account!

 

Does this rate fluctuate  4.75 ?

Link to comment
Share on other sites

1 hour ago, riclag said:

That settles that ! I ain't ever gonna use my credit  card here again! Instead I'll just use the atm and pull my  budgeted $700 and  deposit it in my Bkk account!

Does this rate fluctuate  4.75 ?

1. Some stores charge 15% for using a Thai debit card. Not so sure Topps don't have a standing charge for using a foreign credit card.

2. The TT rate is not necessarily the credit card rate.

3. Some credit cards whilst stating no exchange fee rate, have a lower rate and a standing charge.
You'd need to read the full terms and conditions, the small print stuff on page 36.

If you send me the card ric, I can test it and let you know if I find any varying fluctuations with transactions.

  • Like 1
  • Haha 1
Link to comment
Share on other sites

You got ripped off. I had to pay my dentist today and I used my US CC. I got 33.29/$. I've never seen as big a penalty as you got unless the vendor hits you with a fee AND you got the short end of the FX spread.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...

Important Information

By posting on Thaiger Talk you agree to the Terms of Use