Lousy exchange rate transaction?
Mar 30, 2005, 5:05 am
#1
Original Poster
Join Date: Jan 2003
Location: Europe
Programs: AC Elite *G :: LH Sen *G :: IC Royal Amb :: PC Plat :: HH Diamond
Posts: 2,000
Lousy exchange rate transaction?
How do they do when they quote rates in USD but then charge them in a local currency? My recent example of this is Bangkok Intercontinental. I booked a rate at 112USD (131 incl taxes and fees). With the current exchange rate this would be 911SEK. But today I saw that my Diners Club CC was charged with 5461THB per night. This comes out to be 1039SEK instead of 911SEK which would have been the case if charged directly in USD.
I am now suspicious that IC BKK first recalculate into THB from USD before making the charge, leaving me paying a for lousy exchange rate transaction. Not that I care much about those 15USD in difference per night but I don’t like they are doing it (and in BKK this is a pretty good dinner worth of money
)
I am now suspicious that IC BKK first recalculate into THB from USD before making the charge, leaving me paying a for lousy exchange rate transaction. Not that I care much about those 15USD in difference per night but I don’t like they are doing it (and in BKK this is a pretty good dinner worth of money
)
Mar 30, 2005, 9:12 am
#2
FlyerTalk Evangelist
Join Date: Aug 2000
Location: London
Programs: Hilton, IHG - BA, GA, LH, QR, SV, TK
Posts: 17,008
Originally Posted by Gustaf
I am now suspicious that IC BKK first recalculate into THB from USD before making the charge, leaving me paying a for lousy exchange rate transaction.
But it's always a good idea to write in to the IC mandarins and let them know how unhappy you feel about it ..