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Best Credit Card for foreign exchange
Posted: Thu, 02 Oct 2014 9:09 am
by Ahmed22
Hi everyone, I get paid in US currency, with HSBC, they charge you a min of $50 to withdraw US currency or you have to convert from US to SNG using their terrible exchange rate.
So now im looking for a US cc with either a no foreign exchange fee or at least a better exchange rate than HSBC gives. Anyone found a credit card in US funds?
Posted: Thu, 02 Oct 2014 9:26 am
by zzm9980
Many Amex cards and the Chase Sapphire Preferred do this. However, they'd both require you to live in the US and need good US credit history.
Unaware of any in Singapore.
Posted: Tue, 07 Oct 2014 8:21 am
by Ahmed22
yeah this is the problem, i've never lived in the US so i cant get a card from there. It has to be from Singapore
Posted: Tue, 07 Oct 2014 11:41 am
by zzm9980
SCB seems to have a USD Debit card. Not interested enough to read the details though:
https://www.sc.com/sg/save/current-usd- ... count.html
Posted: Thu, 09 Oct 2014 10:46 am
by Ahmed22
Yeah i have an USD debit card with HSBC but its pretty useless as it will still use HSBC's exchange rate. Im looking for an actually credit card.
Re: Best Credit Card for foreign exchange
Posted: Sun, 13 Sep 2015 4:50 pm
by BBCWatcher
Ahmed22, I'm a little confused. Are your U.S. dollars being deposited into a U.S. dollar-denominated bank account in Singapore, in the United States, or elsewhere? I understand you want a U.S. dollar card, but it matters (a lot) from where you're trying to spend funds.