🚀 go-pugleaf

News Group Only <me@10.10.1.10> writes:

>You are talking through your hat.

I have quoted the actual rate, printed in their fine print, versus the
actual rates banks charge on their credit cards. If you dispute my figures,
which are from Amex's own literature, provide an alternative source.

>Their conversion fee is amongst the lowest.

This is an outright lie.

>The actual rate used tends to be better also. Have done a LOT
>of international travel.

So have I.

>They are also up front on all these fees, you
>will have a problem getting this info from the bank.

Gee, two lies in one sentence! Amex charges a fee without mentioning it at all.
You have to look in the fine print to know it's there. ANZ at least prints
explicitly on your statement that a currency conversion fee has been applied.

>Visa/Mastercard
>have a conversion fee +  the bank's conversion charge + they chose the
>day of the conversion.

I used an Amex card overseas a couple of years ago and compared the rate
day-by-day (ie. against the interbank rate on the day of each transaction)
versus both ANZ and Westpac Visa cards. Amex charged 2.8% above the mid-rate,
Westpac charged 0.81% (would be 1.31% now that they have a 0.5% fee) and
ANZ charged 1.45%.

>20 years as a card holder

In other words, you've never actually checked, you're just standing up for
them because it supports your decision to waste your money on them.

>>Then there are the other ways they make money, such as being the only card
>>provider that I know of whose automatic payment option doesn't allow you
>>to pay off the whole balance! They hope you'll forget sometime or the
>>payment will arrive late, so they can screw you for some interest.
>>
>Works for me. Blue card or Green card?

Gold credit card.

>Want to hear some stories about ANZ, CBA, Westpac..........

Don't need to. I've got plenty of my own. But they've never been as bad as
Amex.

-- 
	Craig Macbride <craigm@earthling.net>
-----------------------http://www.nyx.net/~cmacbrid------------------------
	"It's a sense of humour like mine, Carla, that makes me proud
		to be ashamed of myself." - Captain Kremmen