AMEX and DCC

[TheRealTMA]

From what I read, AMEX have forbidden the charging of DCC when one pays in Australian Dollars. So, if I buy an airfare from Amex travel, which is for inter-European travel, and they show me the price in Australian Dollars, does this mean that they will charge the exact A$ price to my (Amex) card with no 3.5% DCC?

Anyone have direct knowledge or experience on this?

Guess I should phone Amex travel on Monday to be certain.

 

[yohy?!]

im sure you'll still pay the amex commission - not sure what will happen to the DCC but likely it will go through at the local rate and Amex will exchange and apply commission

 

[TheRealTMA]

im sure you'll still pay the amex commission - not sure what will happen to the DCC but likely it will go through at the local rate and Amex will exchange and apply commission

No, there's no commission as I understand it. I mean if you pay in Australian Dollars then no fees are supposed to be charged. As per

Foreign transaction fee
A Foreign Transaction Fee is payable as a percentage of the Australian dollar value of any Foreign Transaction. The percentage will vary depending on the applicable credit card scheme:
1. Transactions in foreign currency
MasterCard®: 3.0%
American Express®: 3.5%
2. Transactions in Australian dollars and the merchant or financial institution accepting the card is located overseas:
MasterCard®: 3.0%
American Express®: 0.0%
Note: It may not always be clear to you that the Merchant or entity processing the transaction is located outside Australia. More about this fee.​

What I'm looking for is a response with first hand knowledge.

 

[yohy?!]

hmmm had a look at my amex and that seems to be the case - Linkedin for example bills in AUD but is Singapore based, no commission charged...

27 DEC 16	LINKEDIN SG - ONLINE - SINGAPORE		$29.99​
DOING BUSINESS AS LINKEDIN SG - ONLINE - AUD-USD 0000 SINGAPORE DATE PROCESSED: 28 DEC 16

Versus a transaction in USD

25 DEC 16	PAYPAL*PHILOGIFTS 4029357733		$71.98​
DOING BUSINESS AS PAYPAL 00000 UNITED STATES OF AMERICA (THE) DATE PROCESSED: 25 DEC 16 CATEGORY: RETAIL & GROCERY - ONLINE PURCHASES FOREIGN SPEND 50.00 USD​ COMMISSION $2.10​