FlyerTalk Forums - View Single Post - Foreign exchange rates discussion [FOREX]--all cards
Old Sep 15, 2016 | 6:10 pm
  #391  
tmiw
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Originally Posted by photaco
You're mistaken.

If you have a charge on a Chase Visa credit card that posts the same day as a charge on a BofA Visa credit card, the exchange rates will be identical. (And the foreign transaction fee, if any, would be a separate transaction item on your statement.)
It really depends on what the T&C say for the cards in question. While it's possible that both the Chase and BofA cards have the same/similar wording with regard to foreign transactions, it's also possible that one uses a different method of calculating exchange rates than the latter.
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