What is the best Exchange Rate? | Interbank vs Mastercard vs Visa explained and compared 📊
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- čas přidán 29. 06. 2024
- An overview of the three most widely used exchange rates, comparing months of data to analyse how they differ, which is the best value and what that means for you when picking a travel money card.
Check out my in-depth review of the Currensea travel card:
• Currensea Travel Card ...
...Or some of my other travel money videos:
• Travel Money Advice
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Data Sources:
Interbank Rates - tradingeconomics.com/united-k...
Mastercard Rates - www.mastercard.co.uk/en-gb/co...
Visa Rates - www.visa.co.uk/support/consum...
Thanks to user @BraveXPL0skullz for requesting this video. Despite it only being a broad overview it gets a bit numbers nerdy so let me know if you have any questions and I'll try my best to answer.
thanks a lot
great vid btw
Excellent video. Starling seems to be a great option.
Silly question but if I'm on my computer in the UK and buying a product from a US company (in USD) or from Germany (EUR) on a German website then your video on Exchange rates charged by the various debit and credit cards still applies? I mean it applies to foreign transactions and you don't necessarily need to be on a holiday abroad for it to apply?
Is there a way (or website?) to track all three currency exchange rates live if you have all options available to you?
What a great video! Thank you! I will surely help me in my future travel.
This is *exactly* the information I've been looking for!
Thanks so much!
Glad it helped :)
One of the best videos on CZcams I've ever watched. Exactly what I wanted to know, thank you!
Very well researched and extremely well explained. Kudos Jamie!!
@0:10, I have all of those except Barclaycard Rewards :-)
Possibly the most comprehensive and well produced video i've seen to date about exchange rates. Much appreciated Jamie.
Thanks a lot for such a kind comment!
Damn, this video should have so many more views than it does. Excellently done!
great video!!!
Do you know the best way to transfer pounds into euros? iI revoult as i could do this at interbank rate upto 5k but now its 1k then 0.5% after. Looking at monzo that uses mastercard rate but if its about 0.5% or more differece maybe its better to stick with revoult anyway. Do you know other options? thank you!
This is a superb comparison. Well done. Excellent work and really interesting and helpful to know.
Thank you! ☺️
thanks for great info
Glad it helped ☺️
Great video and well researched. Could you do a video on your thoughts of bringing cash to a foreign country? Or do you just use credit card? I guess it depends on what country you visit
Nowadays I almost always just use a combination of travel credit card and debit card. If it's a country that predominantly uses cash then I'll get cash out at an ATM once I arrive (although sometimes I might exchange a little before going so I have some in case I need to get transport etc). Carrying cards is safer, better value and easier to track 👍
Info is a bit wrong. Curve uses Mastercard rate, and has 0.5%/1.5% fee at the weekend. Other considerations Currensea 0.5% + Mastercard rate 0.4% = 0.9%. Best appears to be Revolut (avoid weekends or pre-swap to avoid fees) and then Starling (0.4% Mastercard fee). I have Revolut, Curve, Starling, Currensea, so my order of use = Revolut, Starling, Currenea and then Curve.