Foreign credit cards purchases at MEP rate

[earlyretirement]

Protip. You can't buy anything online without a DNI. Welcome to Argentina.

Not true. I’ve had a DNI since 2005 and I never use my real DNI number when they ask online. I just make up a fake 8 digit number and haven’t had issues.

I don’t like using my real DNI in stores or online.

 

[zeno]

Visa rates just went against the dollar even though WU went for the dollar

Quote as of 5 minutes ago.
VISA 1 USD = 300.275493 ARS
WU 1 USD = 334.8600 ARS

About 1 week ago VISA was ~329 ARS

 

[Johnny]

Visa rates just went against the dollar even though WU went for the dollar

Quote as of 5 minutes ago.
VISA 1 USD = 300.275493 ARS
WU 1 USD = 334.8600 ARS

About 1 week ago VISA was ~329 ARS

329??!! Sure?

 

[zeno]

329??!! Sure?

yes for sure, it even reflected on the visa website but I also confirmed by doing the conversion myself from my credit card statement

 

[Moe]

Do you have a link to where it is reflected on the visa website?

 

[zeno]

Do you have a link to where it is reflected on the visa website?

Exchange Rate Calculator - Currency Converter

Exchange Rates & Currency Conversion Calculator - Use the converter to get an indication of the rate you may receive when using your Visa card. Learn more.

usa.visa.com

 

[sts7049]

i show 306

 

[zeno]

i show 306

just now it's

1 USD = 312.406620 ARS​

so I think we are just witnessing FX market volatility

 

[booms]

Thanks. I pushed through a test on a Mastercard debit card that has no commission and uses the mid, if anyone's interested. Numbers are against sterling.

Paid ARG700 to top up my Personal mobile account on the 10th January.
Was immediately charged at £3.22 - a rate of which matched the official rate at the time - 217.39. As per dollar blue website, 'blue dollar' rate against GBP was 430.

I checked on dolarhoy.com and that showed MEP at 376.

Refunded on the 12th by £1.32

Total effective cost is £1.90 for 700ARS. Effective FX rate is 368.

So what I was charged on Mastercard was 98% of MEP and 85.5% of Dollar Blue.

I'll probably keep using the Western Union approach day to day, but it's nice to have this as an option now. Wonder what this has done to WU's business.

 

[Jtee125]

Thanks. I pushed through a test on a Mastercard debit card that has no commission and uses the mid, if anyone's interested. Numbers are against sterling.

Paid ARG700 to top up my Personal mobile account on the 10th January.
Was immediately charged at £3.22 - a rate of which matched the official rate at the time - 217.39. As per dollar blue website, 'blue dollar' rate against GBP was 430.

I checked on dolarhoy.com and that showed MEP at 376.

Refunded on the 12th by £1.32

Total effective cost is £1.90 for 700ARS. Effective FX rate is 368.

So what I was charged on Mastercard was 98% of MEP and 85.5% of Dollar Blue.

I'll probably keep using the Western Union approach day to day, but it's nice to have this as an option now. Wonder what this has done to WU's business.

Hopefully it reduces the WU queues!