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20
Credit card charges by merchants
My non UK bank does similar. I understand how they work. It is also about benefits and protections. Credit cards have changed how they treat FX transactions and it is your advice that should be updated. You are assuming that CC usage from a decade ago has remained unchanged and that there is one credit card policy for all international regions. Alot has changed over the past 5 years. Many retailers do not charge fees on CC transactions. I sometimes pay large bills at Lotus with my Credit Card. There is no additional fee. I pay for some large meal bills with a credit card, and the restaurants I patronize do not add the CC fee. Yes, some credit cards do not have high FX supplemental fees. However, these reduced FX charge CCs typically have annual fees and may not necessarily offer the best benefits or extensions. CC issuers may waive FX fees, but they came up with an alternative method of capturing FX transaction fees through the annual fees. Another option is to use DCC terminals. Many credit card terminals are newer versions that use software offering Dynamic Currency Conversion (DCC). This provides the option to make payments in the foreign currency or in the CC issuer's home currency. It uses a higher exchange rate (ranging from 3-7% higher) than the market rate. The DCC option allows the CC user to avoid the foreign transaction fee and credit card exchange rate markups mentioned. It all comes down to knowing how many transactions one will make and in doing a cost benefit analysis. If one has a Thai bank account, and wishes to use a credit card, having a locally issued credit card is almost always the most cost effective method. A person should not make a credit card selection based upon a small number of purchases. -
7
Kamala CAUGHT delivering CONTRADICTORY MESSAGES to Jews and Muslims
To be frank nobody really gives a blast on Israel or Iran or Hamas that are all run by a corrupt regime. What people want is the American sanctions against Russia to Stop and to get back to normal prices in Gas and oil and to stop all the inflation due to Biden's gang's anti-Russian stance. At the end of the day we all only look at what's happening to our wallet and under Biden, it's no good. -
184
Trump White House Official Calls for Trump to Be Arrested for Threatening Liz Cheney
Already have. Used to be left but now I have no choice but to move to the right. The left have lost it and lost a sht load of their base to the right. The shift in political tectonics happening in western democracies right now is huge. -
53
My head is now spinning from all the recent changes around here. Still I approve.
I’ve just clicked on Thai Visa to see if my past posts had any Nasty replies and that I had missed, nothing 😞. First thing I noticed is the great big Ads taking the page over are gone, good, so annoying. Looks pretty clean. -
17
First they came for my squirrel
Mind your own business. Nobody cares who you put on ignore.- 1
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25
Filtrete air con filters -- I've been doing it wrong?
Neither 3M official store in shopee or Lazada nor the 3M website list Filtrete aircon filter. You can find many knock-offs in shopee/Lazada, and 3M website shows some aircon filter which doesn't carry the name Filtrete. Is there a substitute? -
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Expat By Choice - But Why Are You Here?
Great...how much do you pay for that if we may enquire please thank you.
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