Hello All,

Currently I'm living and working in Korea. I opened a bank account and received a domestic Korea Citi Rewards Credit Card. The point earning rate is not nearly as good as my Prestige card (5x on dining can't be beat). It's essentially a 1x everywhere card. However, when I use my US Citi card at merchants in Korea, I understand that I am exposing myself to exchange rate fluctuations between Korea and the US (Two times--Once when I swipe my card, and again when I transfer my Korean Won back into US dollars to pay my bill.

How would flyertalkers approach this situation? Would you move the majority of spending to a KRW Citi Card, to insulate myself from the exchange rate risk, or would you continue to use the card that provides you with the highest point return, exchange rates be damned? I'm curious to hear how ex patriot flyertalkers approach their overseas spending patters, not merely for using Citi products, but in general for daily credit card or bank account usage. Thank you for your insight!