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Royal Caribbean

I am in the process of adding a card for my royal caribbean cruise purchases at check-in
it is asking the question "Select to convert onboard expenses to my credit card’s local currency using a currency conversion service"
Should i click this or not
Why Ask this question

Comments

  • daveyjp
    daveyjp Posts: 13,844 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 28 September 2022 at 8:45AM
    You do not want to do this.  It allows RC to set the exchange rate, for which they will take a cut.  

    Pay in the ship currency (probably US dollars as its RC) and you will get the credit/dedit card provider market rate.

    Current market rate is about $1.07 to the £, Travelex $1.04. 

    "Royal Caribbean will apply a one-time international currency exchange fee of 3% "
  • Cheers - Would it be better to use an American Express Card for onboard purchases then because its american
    and the Starling Card for purchases when ashore in Europe
  • eDicky
    eDicky Posts: 6,835 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    edited 29 September 2022 at 5:44AM
    Don't use Amex for non-sterling, they will charge fee and/or rate markup, Starling Bank do not.
    Evolution, not revolution
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