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VISA Exchange rate


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What is going on with the sites that calculate the USD - Baht exchange rate that Visa has set for the day?

I have been getting a higher rate than what actually exists. For instance, right now (Dec 19)  it is stating 35.16, when the actual rate you get is much lower than that.

Is there a reliable site I can use for this purpose?

 

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56 minutes ago, Salerno said:

I use this one as well.

 

You can plug in any bank fee (Foreign Currency Transaction fee), the default is 2% so remember to change it to 0% if your card(s) do not charge this fee.

 

https://www.nerdwallet.com/best/credit-cards/no-foreign-transaction-fee

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Never has VISA used the mid market rates that a site like xe.com shows.

They always cash in on a lower rate.

And most card issuing banks eat another bite of the cake 

The links above are preset with 2% bank fee which you can change.

Long ago when I used VISA at Thai ATMs I sometimes won a bit over last cash rates by the fact that VISA updated rates only once a day. No idea whether this still the case. 

Edited by KhunBENQ
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https://usa.visa.com/support/consumer/travel-support/exchange-rate-calculator.html

 

This is giving 35.16 - try it. That is not the Visa rate now.

 

http://www.vasuexchange.com/index.php

 

For the "regular" exchange rate, not the Visa-set rate.

 

I have been using these sites for years, so I am aware of the transaction fees and all that. And I know 35.16 is not the Visa rate because I did a transaction and calculated yesterday  (rate does not change over weekend).

 

Thanks for everyone's replies - let's hope we can figure out what is going on!

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8 minutes ago, KhunBENQ said:

In the past there were two different looking sites for Euro and US issued cards.

Seems they have streamlined that:

 

https://www.visa.co.uk/support/consumer/travel-support/exchange-rate-calculator.html

 

https://usa.visa.com/support/consumer/travel-support/exchange-rate-calculator.html

Yes, I know these sites. Both have 35.16 now - with a 0 foreign transaction fee.

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