Uber currency conversion setting (1.5% fee)
#1
Original Poster
Join Date: Feb 2018
Posts: 182
Uber currency conversion setting (1.5% fee)
Uber now has a "Preferred Currency" aka DCC option in the payment settings. It defaults to your home currency and there are options for USD, CAD, EUR, or no preferred currency. Choosing the last option reverts to charging all rides in local currency.
#2
Join Date: Oct 2011
Location: BUR / LAX
Programs: UA MM/Gold; WN A-list; HH something depending; Marriott Gold
Posts: 1,555
Thanks for the tip! Not seeing this in my phone app or website in my account, though
#3
Join Date: Jul 2009
Location: SJC
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Posts: 6,068
#4
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
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Posts: 19,807
#7
Original Poster
Join Date: Feb 2018
Posts: 182
Not Available with Uber Cash and Business Profiles. 1.5% conversion fee added....
https://www.uber.com/legal/en/docume...states&lang=en
#8
Join Date: Feb 2012
Posts: 4,477
...when you choose a preferred currency, it says
Not Available with Uber Cash and Business Profiles. 1.5% conversion fee added....
https://www.uber.com/legal/en/docume...states&lang=en
Not Available with Uber Cash and Business Profiles. 1.5% conversion fee added....
https://www.uber.com/legal/en/docume...states&lang=en
#11
Join Date: Oct 2011
Location: BUR / LAX
Programs: UA MM/Gold; WN A-list; HH something depending; Marriott Gold
Posts: 1,555
I remain a little confused -- I could be wrong, but swear when I recently used Uber on South America I was charged in local currency as displayed and then my Chase card did its magic and converted to USD for me. This matches my prior experience. (In November, the amounts in question were so small due to country that I would not have noticed 1.5%... literally a few cents USD.) Does this mean/imply Uber marked up the foreign currency amount before giving it to Visa? I still don't see this currency option in my app or account via web. Could USA users be different somehow? Thanks. (Example: In Peru used it a LOT... Always quoted in Soles...strangely, I did notice my AmEx default card started giving me issues so switched to my Visa which worked fine, and I used Lyft a bunch too... ). Example:
Last edited by abaheti; Dec 29, 2023 at 3:36 pm
#12
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Join Date: Jun 2003
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#13
Join Date: Oct 2011
Location: BUR / LAX
Programs: UA MM/Gold; WN A-list; HH something depending; Marriott Gold
Posts: 1,555
got it thanks! Thats what I thought. Doesn't appear as an option for me even so I'm happy to stay w local currency. I was afraid Uber was forcing USD