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Currency Controls

Currency Controls

Old Mar 6, 23, 10:28 am
  #271  
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Originally Posted by Eastbay1K View Post
Based upon that comment, I can't say I'd be eager to use the AX card. One to two billing cycles, so long after I've paid the bill? We may not have data points for another two months from anyone.
I'm guessing it's CYA language and in practice it posts sooner. One can hope anyway...
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Old Mar 6, 23, 5:59 pm
  #272  
 
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Visa gives you the almost MEP rate as they process the transaction

Mastercard gives you the rebate about 3/4 days after processing the transaction at the official rate.

AMEX are just messing about their loyal card holders.
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Old Mar 13, 23, 8:04 am
  #273  
 
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Article from CNBC

Article from CNBC

“I just traveled to Argentina — and doubled my money with a ‘black market’ exchange rate”


https://www.cnbc.com/2023/03/11/i-do...ange-rate.html
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Last edited by Flying Machine; Mar 13, 23 at 12:00 pm
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Old Mar 15, 23, 3:58 pm
  #274  
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Originally Posted by Flying Machine View Post
Article from CNBC

“I just traveled to Argentina — and doubled my money with a ‘black market’ exchange rate”


https://www.cnbc.com/2023/03/11/i-do...ange-rate.html
Thanks for the link -- that was the overview I was looking for in trying to understand the current Argentine currency exchange situation. I have delayed my trip for a few months, so I'm not going to try to become an expert on the situation now -- since I'm sure it will change by the time I arrive.
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Old Mar 24, 23, 10:28 am
  #275  
 
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Are there any available tricks to book an AirBnB in Argentina and pay using ARG Pesos? I don't see it available as an currency option on the AirBnB site.
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Old Mar 24, 23, 11:28 am
  #276  
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Originally Posted by TravelTheWorld66 View Post
Are there any available tricks to book an AirBnB in Argentina and pay using ARG Pesos? I don't see it available as an currency option on the AirBnB site.
The only way you'll receive any Blue or similar rate benefit is by paying cash in Argentina, or having a credit card transaction on a VI or MC processed as an AR$ transaction and processed in Argentina. Even if you "paid" an AR$ rate on the website, the odds that it would be processed in Argentina are well, unlikely. Very unlikely.
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Old Mar 24, 23, 12:24 pm
  #277  
 
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Originally Posted by TravelTheWorld66 View Post
Are there any available tricks to book an AirBnB in Argentina and pay using ARG Pesos? I don't see it available as an currency option on the AirBnB site.
As full-time nomads 2022 Feb-July we were in 5 different AirBnB's in Buenos Aires. Then came back to BA in December for 30 days, and over to Patagonia til end of Feb 2023, in more AirBnB's. We also were in some lodges, hotels, and non-AirBnB apartments. We found no way to reserve on AirBnB and paying in Pesos.

HOWEVER, Booking.com has apartments, many that are the same apartment listed on AirBnB. I would say 3/4 of our Booking.com Argentine lodgings, we selected "pay at hotel" and used Pesos. Our one month trip in Patagonia was much cheaper because of this.

Ask me any questions.
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Old Mar 24, 23, 12:24 pm
  #278  
 
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Will using a Canadian credit card (Visa or MC) also benefit from the Blue exchange rate?
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Old Mar 24, 23, 3:17 pm
  #279  
 
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Originally Posted by mtl49 View Post
Will using a Canadian credit card (Visa or MC) also benefit from the Blue exchange rate?
We got the MER, not the blue rate on TDCT Visa and BMO Mastercard. Mastercard charges the full amount and then credits back the difference about three days later.
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Old Mar 24, 23, 7:17 pm
  #280  
 
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Originally Posted by yyckiwi View Post
We got the MER, not the blue rate on TDCT Visa and BMO Mastercard. Mastercard charges the full amount and then credits back the difference about three days later.
Thanks. Good to know. I suppose we still have to pay the foreign exchange mark-up that the credit cards charge for converting to Canadian dollars. But that is only a small percentage.
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Old Mar 25, 23, 8:46 am
  #281  
 
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Originally Posted by nickab View Post
Does anyone have recent data points for Amex? Just called them, and was told that for purchases starting on Feb 26, they would start issuing a statement credit for the difference between the official exchange rate and the tourist rate. They said the credit should post within 1-2 billing cycles.
To circle back here, got 41% back 8 days later.
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Old Today, 9:13 am
  #282  
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Visa - recent experience

Transaction pending at $205. Final posting (3 days) at $352. (Blue cash $ I received was $386.)
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