Looking to buy some AA miles currently on offer and trying to work out whether i should be paying by AMEX Platinum Edge credit card or some other means. I presume there will be some foreign currency conversion charge (3%?). Will there also be an international transaction charge?
With these surcharges, just wondering whether it’ll be worth the one AMEX Reward point per dollar spent? I presume it’s a single reward point per dollar.
Thanks.
Yep Amex will charge around 3% fx fee… no bonus points from them for that… just 1PPD… so you will be paying around 3cpp, not good value imo…
Citibank Prestige or Signature are good at 5ppd/4ppd for fx transactions.
Otherwise citibank plus for 0% fee (and no points)
You have to pay by credit card (or maybe paypal too). So only if you have a card (as per F’s suggestions) that offers you extra points on overseas spend do you have extra options.
Also to consider - HSBC Platinum Qantas FF card (bonus Qantas points on overseas spend) and Bankwest’s Platinum card (no overseas transaction fees).
Otherwise, the forex fee is just a cost of doing business, unfortunately.
Looks like my AMX card is out. I’ll have a look at the other CC suggestions.
Thanks Keith & F.