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Old April 21st, 2004, 11:39 AM
Nisse PowerMan
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Default Beware - credit card rip-off

Chris Blunt wrote:

On Wed, 21 Apr 2004 10:38:27 +0200, Nisse PowerMan
wrote:

That all sounds VERY strange. At least in the past the credit card
companies ONLY allowed local currency billing.


That certainly can't be true everywhere. I recently purchased an item
in the Philippines which was priced and charged to my credit card in
USD.

This is how the transaction appeared on my account, so it can be done.

16 February 2004 DUTY FREE PHILIPPINES - SPMKT PARANAQUE PH
45.98US DOLLAR at 1.88597210. £24.38



Hmmmmmmmmm, that looks like Duty Free Shop? Right? They mostly charge
ONLY in USD so that could be ok.

But what about regular shopping?

Last time (Jan-04) I visited Thailand ALL shopping on my MasterCard was
charged in local currency. (Strangely enough I got the BEST exchange
rate from this card and not from bank or exchange offices!)

/Anders


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