Currency Controls
#271
Moderator: Hyatt; FlyerTalk Evangelist
Join Date: Jun 2015
Location: WAS
Programs: :rolleyes:, DL DM, Mlife Plat, Caesars Diam, Marriott Tit, UA Plat, Hyatt Glob, invol FT beta tester
Posts: 17,230
I'm guessing it's CYA language and in practice it posts sooner. One can hope anyway...
#272
Join Date: Dec 2005
Location: Somewhere between EZE , MAD and GLA
Programs: IB , BA , AA , LATAM
Posts: 719
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.
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.
#273
Join Date: Apr 2009
Location: LAX
Programs: UA Plat MM, CM Plat, Amex Plat, Hertz CP, Hyatt Globalist, SPG Gold, Vons Club
Posts: 6,728
Article from CNBC
Article from CNBC
https://www.cnbc.com/2023/03/11/i-do...ange-rate.html
“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
Last edited by Flying Machine; Mar 13, 23 at 12:00 pm
#274
FlyerTalk Evangelist
Join Date: Mar 2000
Posts: 17,010
Article from CNBC
https://www.cnbc.com/2023/03/11/i-do...ange-rate.html
“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
#275
Join Date: Dec 2013
Location: Boston, MA, USA
Programs: UA 1K, DL Gold, IHG Diamond AMB, MR Gold, HH Diamond, Hyatt Globalist, National EE
Posts: 1,068
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.
#276
FlyerTalk Evangelist
Join Date: Jul 1999
Location: Over the Bay Bridge, CA
Programs: Jumbo mas
Posts: 36,475
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.
#277
Join Date: May 2009
Location: Full time Nomad
Posts: 783
330 nights last year!
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.
#279
Join Date: Feb 2014
Location: YYC
Programs: AC E75K, IHG Diamond
Posts: 84
#280
Join Date: Feb 2023
Location: Montreal
Programs: AC
Posts: 25
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.
#281
Join Date: Jun 2010
Location: SFO, LON
Programs: UA 1K
Posts: 236
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.