Renato1
Established Member
- Joined
- May 1, 2015
- Posts
- 1,730
What could be better - buy something on Ebay through the Qantas portal and earn one Frequent Flyer point per dollar, and then pay for the purchase on PayPal using the NAB Amex Platinum Card and earn one and a half Velocity points per dollar on the same purchase?
Just one snag - when I pay Paypal for stuff bought overseas using my Westpac bank account I have never ever been charged foreign exchange fees. But when I pay Paypal for stuff bought overseas with my NAB Velocity Amex card - I get hit with 3% foreign exchange fees. This is despite the fact that when I check out on PayPal it gives an Aussie Dollar figure that I have to pay to PayPal Australia.
Does anyone understand why this should be the case? Has it happened on other banks' credit cards?
Anyhow, I have asked NAB what goes on, and am awaiting their reply.
Regards,
Renato
Just one snag - when I pay Paypal for stuff bought overseas using my Westpac bank account I have never ever been charged foreign exchange fees. But when I pay Paypal for stuff bought overseas with my NAB Velocity Amex card - I get hit with 3% foreign exchange fees. This is despite the fact that when I check out on PayPal it gives an Aussie Dollar figure that I have to pay to PayPal Australia.
Does anyone understand why this should be the case? Has it happened on other banks' credit cards?
Anyhow, I have asked NAB what goes on, and am awaiting their reply.
Regards,
Renato