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Foreign exchange rates discussion [FOREX]--all cards

Foreign exchange rates discussion [FOREX]--all cards

Old Jul 5, 19, 9:05 am
  #496  
 
Join Date: Jan 2014
Posts: 257
Not something I have thought of before - will try this on my upcoming trip.
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Old Jul 5, 19, 9:27 am
  #497  
 
Join Date: Jun 2012
Posts: 1,917
Maybe spoke too soon

My Chase Sapphire reserve has contactless, been using contactless directly. The preauth alert and posting $ were the same, but 0.1-0.3% higher than xe

Headed back to states, can't test anymore
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Old Jul 14, 19, 9:07 pm
  #498  
 
Join Date: Jun 2012
Posts: 1,917
Reconciled my records

I was wrong, Google pay preauth and final post $ can differ. But the $ different is quite small (3 cents out of $40) and final fx rate is usually 0.1% from xe

My physical chip/contactless transactions, $ difference between preauth are usually larger (5 cents out of $10) and rate usually 0.1-0.3% from xe

Last edited by paperwastage; Jul 15, 19 at 6:43 am
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Old Jul 15, 19, 3:25 am
  #499  
 
Join Date: Jan 2014
Posts: 257
I noticed that GP transaction has a better exchange than physical contactless as well as physical chip - I have no idea why that would be, but there it is.
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Old Jul 24, 19, 11:43 am
  #500  
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Join Date: Oct 2004
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Just withdrew 50 euros in Italy using Schwab debit card tied to my Investors checking acct.

XE shows rate of $1.1143 and Schwab subtracted $56.06 for a rate of $1.1212.

Only about $0.007 difference but i recalled it wasnt even that high in the past.

Anyone else use the Schwab debit?

Certainly way better than Chase Sapphire but have this vague sense that it used to be right at XE.
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