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Has Mastercard a higher exchange rate?
-sandro-
Posts: 1 Newbie
in Credit cards
Hello,
I've been buying on the Internet with my old Visa debit card for years in foreign currencies and always had the same "real-time" exchange rate (like from yahoo.com or xe.com) or 1% less.
Now that I switched to Mastercard I noticed that the actual charge is always 1% or more! Is this a known fact?
My card is in EUR and the transactions are in GBP and USD. Both banks don't apply any additional fee.
I've been buying on the Internet with my old Visa debit card for years in foreign currencies and always had the same "real-time" exchange rate (like from yahoo.com or xe.com) or 1% less.
Now that I switched to Mastercard I noticed that the actual charge is always 1% or more! Is this a known fact?
My card is in EUR and the transactions are in GBP and USD. Both banks don't apply any additional fee.
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