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Amazon Currency Converter.

  • 01-07-2011 10:34am
    #1
    [Deleted User]
    Posts: 0 ✭


    hey im from ireland if im buying from ireland and paying with a mastercard bank of ireland is it best to pay in euro or sterling


    thanks


Comments

  • #2
    Badgermonkey
    Closed Accounts Posts: 3,019 ✭✭✭Badgermonkey


    Generally pay in sterling, as Amazons conversion rates aren't favourable. Let your mastercard handle the conversion, add on the non-eurozone fee and you'll still be saving.


  • #3
    rubadub
    Registered Users, Registered Users 2 Posts: 32,386 ✭✭✭✭rubadub


    Sterling
    rubadub wrote: »
    I ordered some items on amazon on 30 april. Came to

    -Order Total: GBP 93.48

    using their currency converter it was

    -Payment Total: EUR 112,43

    I checked on XE at the time and it was

    93.48 GBP=107.672 EUR

    Of course nobody gets this and it is usually 2-3% more than this using CC or paypal so I chose to pay in sterling via CC.

    My BOI mastercard statement was
    93.48GBP RATE 0.8549 €109.34

    So mastercard was only 1.5% more than XE
    Amazon was 4.4% more
    And I saved €3.09 by choosing to pay in sterling rather than use amazons converter.

    My statement shows the payment on 4 May, so I wonder if it is taken on that date and if the XE rate would have been the usual 2-3% I would expect.
    I think I have taken note 3 times like this and it was always cheaper to go sterling.


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