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paying 1000 USD via paypal what credit card to use?
Rosco1112
Posts: 95 Forumite
in Credit cards
hi everyone i am just about to buy some goods from america to sell over here and was wondering what credit card i should use.i currently have an amex 5% platinum cash back card so was thinking that would be good as i would get £50 cash back however i also have a nation wide credit card and if i use this i would not ce hit with currency conversion fees...so would this be better?its a tricky one i have already changed the option in paypal NOT to use their conversion rates which is coming up at 1.93 which is awful.what do you think? Any advice will le much appreciated:-)
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Well youd have to outweigh the good with the bad. But is there no other form of payment as 1000 through paypal is about to bite you hard in fees.
£504 in pounds. one of the nationwide fees would be waved, so roughly £15, so a £15 loss..
£50 cashback with Amex and roughly £23 in fees = £27 profit
up to you.Save saynoto0870.com in your favorites, and stop giving companies more £££ dialling 0870 numbers when you can dial freephones or cheaper alternatives
call your credit card company, tell them that you want to leave, 99% of the time theyll lower your APR%
Remember when that Bank Manager or Salesperson smiles at you, all he sees is £ notes. Dont forget the motto, "the wider their grin, the more debt your in"0 -
Personally, I'd avoid Pay Pal at all costs. To my mind they are definately not the best to deal with.[/SIZE]Sealed Pot Challenge 001 My Totals SizeGrand Totals of all members[/B] (2008 uncounted) 2009 = £32.154.32! 2010 = £37.581.47! 2011 = £42.474.34! 2012 = £49.759.46! 2013 = £50.642.78! 2014 = £61.367.88!! 2015 = £52.852.06! 2016 = £52, 002.40!! 2017 = £50,456.23!! 2018 = £47, 815.88! 2019 = £38.538.37!!!! :j
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I think i will pay using my amex card but do you think it will definately get tracked as a cashback transaction? Also i will get better conversion rates with nationwide wont i. Thanks for all the help so far0
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my mistake it would only be £25 cashback because it's in US Dollars so I paid via my Nationwide Credit card
Thanks0
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