Reply To: Hilton Debit card FX rates

[JDB]

@M001 – firstly, you can’t have been “missold” anything as you didn’t receive any advice in choosing to take out the Hilton debit card.

Currensea is totally transparent about the FX rates it charges and I think you may have misunderstood how credit cards in general apply FX rates. You have no idea at the time of the transaction what rate will be applied, whichever card you use. It depends precisely where you use it, the bank used by the merchant, the country in which you use it, the time of day and timezone etc. You will win some and lose some. You refer in your second post to a 0.5% premium over MBNA which is the rate applied by Currensea on the cheaper Hilton card. You get ‘live’ rates on big currency pairs, otherwise you get Mastercard rates, without premium on the more expensive card so there should be no difference with MBNA.