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Paying by AMEX on Paypal
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Crash2904
Posts: 10 Forumite
in Credit cards
I bought something today through a website in Hong Kong which charge all items in American Dollars - the total bill coming to US$8.40. When going through Paypal to pay for my purchase, I have 2 credit cards registered to my account - a MasterCard and an American Express (AMEX) card.
If I pay by AMEX, I am forced by Paypal to pay in US $. However, if I pay by MasterCard the amount is converted at Paypal's current exchange rate (today 1.60) so that I paid £5.25.
My question is, am I better paying off by AMEX or Mastercard?
I know it probably won't make a huge difference on this amount, but would be useful to know for the future.
Thanks in advance to all you helpers out there!
If I pay by AMEX, I am forced by Paypal to pay in US $. However, if I pay by MasterCard the amount is converted at Paypal's current exchange rate (today 1.60) so that I paid £5.25.
My question is, am I better paying off by AMEX or Mastercard?
I know it probably won't make a huge difference on this amount, but would be useful to know for the future.
Thanks in advance to all you helpers out there!
0
Comments
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Who knows to be honest.
Banks and Amex are hardly likely to let you know their exchange rates in advance.0 -
OK thanks for that. To be honest, I think I'll stick to paying with MasterCard on Paypal. At least I can see straightaway what I am paying on MasterCard with Paypal's exchange rate, rather than waiting to see what exchange rate comes up on my AMEX statement.0
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