FlyerTalk Forums - View Single Post - BOO!!! - hong kong duty free (freeduty) now performing dynamic currency conversions
Old Nov 17, 2011 | 5:42 pm
  #31  
Steve M
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Originally Posted by spc354
I have called Capital One to understand under what circumstances I would benefit from using DCC and they have not been able to explain it to me.
Runaway inflation is a dubious reason at best. I suspect the official line, if you could ever find someone that knows it, is that the DCC can benefit the consumer by stating the cost in their native currency so that they know how much the purchase "will really cost" without having to do the conversion themselves. It's true that there are certain travelers that just can't latch onto the concept of currency conversion and can never figure it out. Of course, what is left unstated in this equation is how much of a value this is versus the conversion rate applied to DCC.
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