Citibank N A Complaint - Exchange Rate - Foreign Currency Transaction
Be careful in using Mastercard for paying your foreign currency transaction, because you don't have idea how much they will charge you in your country rate. I have charge about Rp 8,995 per SGD 1. I have never known that SGD will be so high. In my experience the exchange rate always Rp 7,000 something. I did 2 transaction in same time, for 1 transaction was using right rate (about Rp 7,138) but the other with Rp 8,995. How come the rate fluctuated about Rp 2,000 in a few minutes. I called Citibank but I didn't satisfy with they answer. They said I can't complain about the exchange rate, I have to just received whatever they charge. So with the experience, I think I will never use Mastercard again for all my foreign exchange transaction.
Its kinda I buy something without knowing how much they will charge me.