-
IHG frequently run special offers for purchasers, e.g. get 100% extra free points when purchasing more than xx points.
These are sold in USD but the exchange rate is not stipulated so you cannot find it out until after you have purchased.
With the dollar so low, have IHG adjusted the rate? This would make this promotion even more worthwhile for UK members.
Surely it’s not IHG that sets the USD/GBP exchange rate, but the credit/debit card company when it charges your account? Or have I misread your post?
Indeed the exchange rate is determined by your CC provider not the seller.
The last think anyone would want is dynamic pricing when buying points becauae it can soon work the other way.
Yes, the exchange rate is whatever applies to your card transaction. If you have Curve you can avoid paying FX fees as well.
Yes, the exchange rate is whatever applies to your card transaction. If you have Curve you can avoid paying FX fees as well.
while also earning 1% cash back
IHG frequently run special offers for purchasers, e.g. get 100% extra free points when purchasing more than xx points.
These are sold in USD but the exchange rate is not stipulated so you cannot find it out until after you have purchased.
With the dollar so low, have IHG adjusted the rate? This would make this promotion even more worthwhile for UK members.
The dollar is stronger than a few days ago, it was ©1.31 to the £ but back to ©1.27, so nothing to gain now.
If you use a mastercard to pay, you can find the exchange rate that will be used here: https://www.mastercard.com/global/en/personal/get-support/convert-currency.html
If you use a visa to pay, you can find the exchange rate that will be used here: https://www.visa.co.uk/support/consumer/travel-support/exchange-rate-calculator.html
The latest rate displayed at the time you are making the transaction will be the one that applies to you.
The card scheme rates never really went above 1.29 despite the interbank rate nearly reaching 1.32.
You might have got 1.31 with the currensea Pro card if you spent when the interbank rate was 1.32. (Note that the Hilton Gold currensea card uses a worse exchange rate – the same as the currensea Basic – and the Hilton Silver currensea even worse.)
See https://www.currensea.com/pricing/exchange-rates and https://hiltonhonorsdebitcard.currensea.co.uk/rates
- You must be logged in to reply to this topic.
Popular articles this week:
