Reply To: Some good news from Curve?

[John]

Visa and Mastercard exchange rates are published in advance at

https://www.visa.co.uk/support/consumer/travel-support/exchange-rate-calculator.html and

https://www.mastercard.com/global/en/personal/get-support/convert-currency.html

The Visa rate refreshes at midnight GMT and the Mastercard rate refreshes at 3.05pm Eastern Time (US).

For transactions that are processed immediately, since September 2020 I have received the latest rate that is showing on those sites – so the Mastercard rate for Curve.

If the GBP weakens during the course of a day, and you have some forex spend to do, it is often wise to do it before the rate refreshes. Although I accept the point that particularly with regards to hotels you can’t control when they charge you, and it generally works out to a few £ either way. I did recently save £50 when booking flights priced in AUD by waiting until the Visa rate dropped to follow the AUD’s decline on the previous day