Currency Controls
Mar 6, 2023 | 10:28 am
#271
Moderator: Hyatt, American Express; FlyerTalk Evangelist
Join Date: Jun 2015
Location: WAS
Programs: :rolleyes:, DL DM, AA EXP, UA Silver, Hyatt Glob, Mlife Noir (=> Marriott Amb), invol FT beta tester
Posts: 21,682
I'm guessing it's CYA language and in practice it posts sooner. One can hope anyway...
Mar 6, 2023 | 5:59 pm
#272
Join Date: Dec 2005
Location: Somewhere between EZE , MAD and GLA
Programs: IB , BA , AA , LATAM
Posts: 942
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.
Mar 13, 2023 | 8:04 am
#273
Join Date: Apr 2009
Location: LAX
Programs: UA Plat MM, CM Plat, Amex Plat, Hertz CP, Hyatt Globalist, SPG Gold, Vons Club
Posts: 6,917
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, 2023 at 12:00 pm
Mar 15, 2023 | 3:58 pm
#274
FlyerTalk Evangelist
Join Date: Mar 2000
Posts: 18,240
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
Mar 24, 2023 | 10:28 am
#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: 1,087
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.
Mar 24, 2023 | 11:28 am
#276
A FlyerTalk Posting Legend
Join Date: Jul 1999
Location: Over the Bay Bridge, CA
Programs: Jumbo mas
Posts: 42,601
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.
Mar 24, 2023 | 12:24 pm
#277
Join Date: May 2009
Location: South Carolina
Posts: 906
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.
Mar 24, 2023 | 3:17 pm
#279
Join Date: Feb 2014
Location: YYC
Programs: AC 50K, IHG Diamond
Posts: 156
Mar 24, 2023 | 7:17 pm
#280
Join Date: Feb 2023
Location: Montreal
Programs: AC
Posts: 78
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.
Mar 25, 2023 | 8:46 am
#281
Join Date: Jun 2010
Location: SFO
Programs: UA 1K, AS MVPG
Posts: 270
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.
Apr 1, 2023 | 7:57 am
#284
Join Date: Dec 2022
Posts: 37
Just put through hotel in Tilcara on Canadian Amex after reading the above. I chatted through the app and they cut & pasted a couple paragraphs about the Amex foreign exchange policy and eventually claimed to know nothing about the tourist rate.
Didn't need to put the payment through on Amex but figured it would be an interesting dp.
Payment at regular rate went through this morning - I will update if and when this is finalized.
Didn't need to put the payment through on Amex but figured it would be an interesting dp.
Payment at regular rate went through this morning - I will update if and when this is finalized.
Last edited by mernman; Apr 1, 2023 at 7:58 am Reason: Spelling