FlyerTalk Forums - View Single Post - It's Back! - 20% Discount on Fairmont Gift Cards - NOV 28/2014 - 1PM to 4PM
Old Nov 26, 2014, 7:18 am
  #9  
Jasper2009
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Join Date: May 2009
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Originally Posted by CanadaDH
Just how bad is their chosen exchange rate? I've used USD gift cards in Canada, and their electronic processing terminal used it's own rate, but I didn't notice it as being horrible. Would their overseas rate be so bad that even with the current free gift card promotion I would still be better using a CC? I'll pay about a 3% FX premium on my credit card, so with a 16.7% discount on purchasing the cards, they would have to be charging a 20% premium in their gift card terminal for me to be worse off.
I've also used the GCs at US properties and didn't find the exchange rate to be horrible. It's extremely unlikely the exchange rate used at properties outside NA would be that terrible, so using GCs would still save you some money, just thought I'd mention you wouldn't get the full 20% and you'd depend on the hotel's policy regarding FX rates.
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