Anyone use a foreign Visa as their primary payment method here?

[Fdipo]

It seems like Visa Australia can't keep up with the peso's devaluation...

https://www.visa.com.au/travel-with-visa/exchange-rate-calculator.html?fromCurr=USD&toCurr=ARS&fee=0&exchangedate=08/30/2018&submitButton=Calculate+Exchange+Rates

If I used my card today to pay or withdraw money (my card has no ATM fees or bank rates), I'd end up with a 31:1 ars:usd rate...

Anyone in the same boat? Is this just Australian Visa or everywhere?

 

[TWB103]

I dont mean to hijack the thread but Im in a similar situation. I paid for a UK passport via a family members Visa card about 2 weeks ago here in Argentina. It was charged in dollars to their account. I gave them the equivalent in pesos immediately . They now want me to pay for the extra due to the crazy inflation because they claim they werent able to pay the bill as they said Visa wouldnt let them pay before the 23rd of the month and then a further delay because they can only pay the card direct from their paycheck. The card is supposedly linked exclusively to their end of month paycheck.They are either not being entirely honest with me or that's a ducked up system! Its news to me that you can't pay off your credit card when you want ie to avoid charges or that a card can only be paid by your paycheck.

 

[Fdipo]

well, when it's family doing you a favour, it's best not to cause them any sort of loss

 

[cafeamericano]

It seems like Visa Australia can't keep up with the peso's devaluation...

https://www.visa.com.au/travel-with-visa/exchange-rate-calculator.html?fromCurr=USD&toCurr=ARS&fee=0&exchangedate=08/30/2018&submitButton=Calculate+Exchange+Rates

If I used my card today to pay or withdraw money (my card has no ATM fees or bank rates), I'd end up with a 31:1 ars:usd rate...

Anyone in the same boat? Is this just Australian Visa or everywhere?

From my understanding the visa exchange rate is a day or two behind always. Not a big deal in a normal country, but here completely its different.

 

[gracielle]

It seems like Visa Australia can't keep up with the peso's devaluation...

https://www.visa.com.au/travel-with-visa/exchange-rate-calculator.html?fromCurr=USD&toCurr=ARS&fee=0&exchangedate=08/30/2018&submitButton=Calculate+Exchange+Rates

If I used my card today to pay or withdraw money (my card has no ATM fees or bank rates), I'd end up with a 31:1 ars:usd rate...

YOU ARE USING VISA AUSTRALIA....SO SHOULDN'T YOU CALCULATE THE VISA EXCHANGE RATE ARS: AUS RATE
INSTEAD OF ARS:USD?
https://www.visa.com.au/travel-with...30/2018&submitButton=Calculate+Exchange+Rates

 

[GMXam]

It seems like Visa Australia can't keep up with the peso's devaluation...

https://www.visa.com.au/travel-with-visa/exchange-rate-calculator.html?fromCurr=USD&toCurr=ARS&fee=0&exchangedate=08/30/2018&submitButton=Calculate+Exchange+Rates

If I used my card today to pay or withdraw money (my card has no ATM fees or bank rates), I'd end up with a 31:1 ars:usd rate...

Anyone in the same boat? Is this just Australian Visa or everywhere?

Just heard from a friend the same rate using a foreign visa.

 

[Fdipo]

Obviously no one here cares about AUD, I linked USD because it's more relevant to this community.

 

[Churchill]

For what its worth, I made a withdrawal today with my UK Revolut Mastercard, withdrew 3500 pesos but the rate was dead on accurate. Cost of withdrawal? 345 pesos (local charge).

 

[Fdipo]

For what its worth, I made a withdrawal today with my UK Revolut Mastercard, withdrew 3500 pesos but the rate was dead on accurate. Cost of withdrawal? 345 pesos (local charge).

Yeah, my Mastercard is perfect, but Visa is WAAAY behind.