Is PayPal currency exchange rate better than Credit Card / Bank ?
Is better to use PayPal's exchange rate or payment card (bank) exchange rate when paying in foreign currency ? Which one is higher ?
You will often pay less when your bank will make the currency conversion. But it depends on your bank's exchange rates and fees. You have to check the exchange rate and fees before you do the transaction.
From my experience, PayPal has offered me EUR/USD exchange rate around 0.99, but bank had a better exchange rate 1.04. The difference was approx. 5%.
From my experience, PayPal has offered me EUR/USD exchange rate around 0.99, but bank had a better exchange rate 1.04. The difference was approx. 5%.
Related questions
How to calculate inverse currency exchange rate ?
The same symbol for Chinese Yuan and Japanese Yen - difference
Difference between Chinese Yuan CNY and Renminbi RMB
Is Swiss franc exchange rate pegged / linked to Euro ?
Can I transfer money from Skrill to PayPal account ?
Calculate cross exchange rates between three currencies - examples
EU member states without Euro as an official currency
Trending questions
How to calculate inverse currency exchange rate ? Is PLS LCD display good ? Difference between PLS LCD and Amoled How to change QWERTZ keyboard to QWERTY in Windows 10 ? Remove or hide bottom navigation bar with buttons on Android Samsung Galaxy A & F better than M series ? What's the difference ? How to add side by side rows in excel pivot table ? Man Month calculation - how many man days or man hours ?
How to calculate inverse currency exchange rate ? Is PLS LCD display good ? Difference between PLS LCD and Amoled How to change QWERTZ keyboard to QWERTY in Windows 10 ? Remove or hide bottom navigation bar with buttons on Android Samsung Galaxy A & F better than M series ? What's the difference ? How to add side by side rows in excel pivot table ? Man Month calculation - how many man days or man hours ?
2024 AnswerTabsTermsContact us