brett
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Apr 24, 2010
- Messages
- 5,925
We have been travelling in Ireland for the past week. We use a credit card that utilizes the then current FX rate with no add on admin charges.
JUst about every time we have used the card in Ireland the cashier has handed me the the pad to input our PIN. However, the transaction was always converted to my CAD currency. When we hesitated, we were always given the option of being charged in Euro. This is our preference.
I kept track of a few of the 'conversion' offers and compared them to the euro charge, converted to CAD, on my card account. The difference was consistently 10 points. Conversion at 1.46XXX on the card, effective rate offered by the vendor was 1.56CXX
JUst about every time we have used the card in Ireland the cashier has handed me the the pad to input our PIN. However, the transaction was always converted to my CAD currency. When we hesitated, we were always given the option of being charged in Euro. This is our preference.
I kept track of a few of the 'conversion' offers and compared them to the euro charge, converted to CAD, on my card account. The difference was consistently 10 points. Conversion at 1.46XXX on the card, effective rate offered by the vendor was 1.56CXX