No, with Visa it is direct. It’s Mastercard where you get the refund.Checking in on this, is the consesus that our US Visa card will give us close to the MEP ? does it always come as a refund? I was gonna do a small purchase to test it but am suddenly finding myself in desperate need of a Tv set... Appreciate any info, thanks!,
The rate is approx 7-10% less than the MEP, to allow for any fluctuations as behind the scenes it’s takes a few days for them to process apparently.
I used my visa card today, and with the 2.99% my bank charges for foreign currency transactions I had a rate closer to 300 per $1.
Not the best considering its all gone up again this week, but for small transactions it’s worth the time and hassle saved.
But with blue dollar at $350 now, whether it’s worth it for many tourists who knows.