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American Eagle..keep price in USD or Euro?

  • 22-09-2011 2:00pm
    #1
    Bumder
    Closed Accounts Posts: 22 ✭


    Hey just wondering which currency to keep the site in?
    I remember reading before with regards amazon.co.uk that if you changed there site from GBP to euro it cost more but I cant remember why.
    In theory I know it shouldnt make a difference but any ideas appreciated!
    Thanks


Comments

  • #2
    coylemj
    Registered Users, Registered Users 2 Posts: 25,624 ✭✭✭✭coylemj


    You will always get a better exchange rate from the credit card company than from the merchant so if purchasing goods from (or staying in a hotel in) another country, pay in their local currency.


  • #3
    dudara
    Registered Users, Registered Users 2 Posts: 33,518 ✭✭✭✭dudara


    Moved to Online Buying & Auctions

    dudara


  • #4
    rubadub
    Registered Users, Registered Users 2 Posts: 32,386 ✭✭✭✭rubadub


    Bumder wrote: »
    amazon.co.uk that if you changed there site from GBP to euro it cost more but I cant remember why.
    This is because they have their own exchange rate.
    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.

    coylemj wrote: »
    You will always get a better exchange rate from the credit card company than from the merchant so if purchasing goods
    This is usually the case, but a few times I did get a better rate paying in euro.


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