FlyerTalk Forums - View Single Post - foreign currency error on Visa credit card
Old Oct 16, 2016 | 12:25 pm
  #18  
sfvoyage
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Originally Posted by Duke787
CSP Visa forex rates have been bad for a while now (I haven't used it when traveling internationally in over a year - I use exclusively Citi or AMEX). Haven't seen them this out of whack but more discussion here:

http://www.flyertalk.com/forum/credi...all-cards.html
I've glanced through the above thread, quite useful. The consensus is that Visa forex rates are generally worse than MC's, based on numerous data points. A couple of posters thought it may be due to the theory that Visa uses the worse daily rate, while MC uses a mid or average daily rate. If I get any explanation resulting from my complaint with the CFPB, I'll be sure to post it.
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