I don't have enough AUD in my bank but I have a credit card, the question is, if I use my credit card in Australia to pay everything, is it cheaper or more expensive, compared with exchaning my country's money into AUD?
I have a Visa card.
The question really puzzled me and is important to me. Thanks.
Answers:
This all depends on your credit cards foreign currency fee structure. Typically the credit card company gets a better exchange rate than you would be able to get in a bank. However, credit cards may charge up to 5% of the purchase as a fee for using the money in a foreign country. They are easy, and leave you free to not have to worry with banks. Just make sure you do not spend so much you cannot pay it off quickly.
The answers post by the user, for information only, BAnswer.com does not guarantee the right.
More Related Questions and Answers...
Is it smarter to use the rollover method of paying off debt or pay off larger balances first?
Calculate credit card : (balance, fix amount at 6%) how long would it take to payoff (show me formula)?
Getting my first credit card?
Can creditors give out your account information to someone not on the account?
JCPenney Classic Credit card??
How long will it take to improve our credit enough to get a mortgage?
Does anyone know anything about judgment recovery? Is it really legit?
Statute of limitations?
I need serious help here!?