Originally Posted by
azepine00
I checked out from a Hyatt in Australia and when I tried to pay with certs the exchange rate I was offered was appr 1 USD=0.97 AUD - almost 15% worse that the market rate.
More like +8% from interbank rate according to
oanda.
Originally Posted by
sethb
Your credit card will charge you a 3% fee (plus a percent or two over the bank rate).
Capital One charges 0% and eats up the Visa add-on on interbank rate.