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Old 07-02-2014, 14:05   #16
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Location: Port Moresby,Papua New Guinea
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Re: Exchange Rates & Credit Cards

Lots of talk about "exchange rate fees". They are not the killer - you have to look at the actual exchange rates in use and how big the spread is away from the "mid-rate".

You are frequently looking at 3-5% either side, especially for USD ir AUD denominated cards used in developing/3rd world currencies and vice versa.

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