USD/ARS Exchange hits new record high!
Jun 1, 2023, 11:45 am
#226
Join Date: Feb 2009
Location: Los Angeles, CA
Programs: UA Premier Gold, Starwood Gold, Plat AE, CO PP MC, Marriott Rewards Plat, Virgin Elevate Gold
Posts: 1,417
I'm still trying to confirm an official announcement from AmEx, but VISA and MC get a MUCH better rate now instead of the official exchange
VISA Announcement
VISA Announcement
Jun 5, 2023, 1:20 pm
#227
Join Date: Mar 2003
Location: Southern California
Programs: AA EXP - 6 MM | Amex Platinum | Hyatt Globalist | Hilton Diamond | IHG Spire Elite | Bonvoy Plat.
Posts: 765
Yep. AMEX gets the better rate too. I charged a few weeks ago my Cable/Internet bill from Personal for my apartment that I own in BA and I did get the better rate reimbursed 9 days after the initial charge. I figured I'd take one for the team to test out. It works.
Jun 15, 2023, 9:43 am
#228
Join Date: Feb 2009
Location: Los Angeles, CA
Programs: UA Premier Gold, Starwood Gold, Plat AE, CO PP MC, Marriott Rewards Plat, Virgin Elevate Gold
Posts: 1,417
Its not the "MEP" rate, but its another rate (I have heard it is the "Tourist Dollar Rate"), its still much much better than what you would get prior to the new policy
I still never saw an official announcment from AmEx explaining how it will work though.
We go all the time and husband is there now.
The problem is the "refund" portion doesnt match up to the charged portion. So, like us, if you use the card 3-4x/daily, 20-30x/weekly, it is VERY difficult to match up the refunds to the charges, its very random appearing.
I've had some luck matching it up based on the date of the charge
THis is what the refund notation looks like for every single transaction:
REFUND USD TOURIST BCRA COMM A7630 CIUDAD AUTONOMA DE BUAR BUSINESS SERVICE
Jun 23, 2023, 7:33 am
#230
Moderator, Argentina and FlyerTalk Evangelist
Join Date: Aug 2000
Location: MIA / EZE
Programs: Lord of Malbec & all Wines Argentine. AA EXP / Marriott Lifetime Silver / Hertz Presidents Circle
Posts: 35,682
Excellent detail !!! Thanks for taking time to post this, very useful.
Yeah, it does work. And they reimburse about 10 days later as you indicated.
Its not the "MEP" rate, but its another rate (I have heard it is the "Tourist Dollar Rate"), its still much much better than what you would get prior to the new policy
I still never saw an official announcment from AmEx explaining how it will work though.
We go all the time and husband is there now.
The problem is the "refund" portion doesnt match up to the charged portion. So, like us, if you use the card 3-4x/daily, 20-30x/weekly, it is VERY difficult to match up the refunds to the charges, its very random appearing.
I've had some luck matching it up based on the date of the charge
THis is what the refund notation looks like for every single transaction:
REFUND USD TOURIST BCRA COMM A7630 CIUDAD AUTONOMA DE BUAR BUSINESS SERVICE
Its not the "MEP" rate, but its another rate (I have heard it is the "Tourist Dollar Rate"), its still much much better than what you would get prior to the new policy
I still never saw an official announcment from AmEx explaining how it will work though.
We go all the time and husband is there now.
The problem is the "refund" portion doesnt match up to the charged portion. So, like us, if you use the card 3-4x/daily, 20-30x/weekly, it is VERY difficult to match up the refunds to the charges, its very random appearing.
I've had some luck matching it up based on the date of the charge
THis is what the refund notation looks like for every single transaction:
REFUND USD TOURIST BCRA COMM A7630 CIUDAD AUTONOMA DE BUAR BUSINESS SERVICE
Jun 23, 2023, 2:33 pm
#231
Join Date: Aug 2004
Location: my heart is on the shores of the north Italian lakes
Programs: LX Senator Lifetime, Relais&Chateaux Club5C, ex ! "Amanjunkie", ex LHW LC, hate chain hotels
Posts: 2,515
Matches exactly what Visa Intl. advertises : https://www.visa.co.uk/support/consu...alculator.html
443 as per today.
443 as per today.
Aug 14, 2023, 8:29 am
#232
Join Date: Dec 2005
Location: Somewhere between EZE , MAD and GLA
Programs: IB , BA , AA , LATAM
Posts: 865
Aftr yesterdays Primaries , the govenment has announced a 21% devaluation of the ARS - Now at 360 to the USD
The grey markets have not started to operate yet - although rumours indicate a sprad of 660/680
The grey markets have not started to operate yet - although rumours indicate a sprad of 660/680
Aug 14, 2023, 5:09 pm
#236
FlyerTalk Evangelist
Join Date: Jul 1999
Location: Over the Bay Bridge, CA
Programs: Jumbo mas
Posts: 38,666
Aug 14, 2023, 5:20 pm
#237
Suspended
Join Date: Aug 2023
Location: Buenos Aires, Argentina
Posts: 7
Aug 14, 2023, 6:56 pm
#238
Join Date: Dec 2005
Location: Somewhere between EZE , MAD and GLA
Programs: IB , BA , AA , LATAM
Posts: 865
The Blue closed at 665/685
The MEP and the CCL only moved very slightly - The government is announcing right now addditional measures to limit operations in MEP and CCL - w ahve to await market reaction to these measures but limiting operations will push the price up.
The MEP and the CCL only moved very slightly - The government is announcing right now addditional measures to limit operations in MEP and CCL - w ahve to await market reaction to these measures but limiting operations will push the price up.
Aug 15, 2023, 9:54 am
#239
FlyerTalk Evangelist
Join Date: Jul 1999
Location: Over the Bay Bridge, CA
Programs: Jumbo mas
Posts: 38,666
The Blue closed at 665/685
The MEP and the CCL only moved very slightly - The government is announcing right now addditional measures to limit operations in MEP and CCL - w ahve to await market reaction to these measures but limiting operations will push the price up.
The MEP and the CCL only moved very slightly - The government is announcing right now addditional measures to limit operations in MEP and CCL - w ahve to await market reaction to these measures but limiting operations will push the price up.