Airbnb

[n1ck88]

Has anyone paid for their airbnb accomodation in other currencies but SGD?

Am trying to figure out whether it's better to pay in the currency the airbnb is located at (e.g. If the house is in Japan, then pay in Yen) or pay in the currency of where Airbnb payment processing is (some where in UK?).

Thanks!

 

[UptheToon]

If can. Is better.

 

[kitkat2]

Has anyone paid for their airbnb accomodation in other currencies but SGD?

Am trying to figure out whether it's better to pay in the currency the airbnb is located at (e.g. If the house is in Japan, then pay in Yen) or pay in the currency of where Airbnb payment processing is (some where in UK?).

Thanks!

no point. if you pay in yen, airbnb will still markup around 3% so that they can earn foreign transaction fee. kind of ddc forced on you regardless of what currency you choose.

 

[n1ck88]

So same if you pay in the HQ currency?

no point. if you pay in yen, airbnb will still markup around 3% so that they can earn foreign transaction fee. kind of ddc forced on you regardless of what currency you choose.

 

[dleodleo]

Has anyone paid for their airbnb accomodation in other currencies but SGD?

Am trying to figure out whether it's better to pay in the currency the airbnb is located at (e.g. If the house is in Japan, then pay in Yen) or pay in the currency of where Airbnb payment processing is (some where in UK?).

Thanks!

I would prefer to pay in SGD. Why pay in foreign currency? It will end up more than what you paid as credit card company will use their bank exchange rate and charge you admin fee.

 

[kitkat2]

So same if you pay in the HQ currency?

yes, you will have to pay an extra 3-4% conversion fee to airbnb regardless of the currency you choose.

you can change the currency selection and then checkout and see how much airbnb is charging you in your selected currency.

 

[sendtolee]

I would prefer to pay in SGD. Why pay in foreign currency? It will end up more than what you paid as credit card company will use their bank exchange rate and charge you admin fee.

Dcc charges can be quite high depending on currency and visa or master.

 

[Arcanell]

I would prefer to pay in SGD. Why pay in foreign currency? It will end up more than what you paid as credit card company will use their bank exchange rate and charge you admin fee.

you'll be surprised, most of the time bank rates are better than what airbnb quoted.

 

[trd2970]

Use the host country rates

Sent from Samsung SM-N950F using GAGT

 

[Garlic & Butter]

airbnb markup +3%
credit card markup another 0.8-1.0%

effective +3.82% to +4.03%
for those chionging miles, not counted as foreign transaction too

 

[sendtolee]

airbnb markup +3%
credit card markup another 0.8-1.0%

effective +3.82% to +4.03%
for those chionging miles, not counted as foreign transaction too

Cc markup is more than 1%...

http://www.straitstimes.com/business/invest/paying-for-overseas-purchases-finding-the-best-deal

https://www.singsaver.com.sg/blog/visa-mastercard-or-amex-which-is-better-for-travel

 

[ssian84]

I paid in sgd...
Comparison with hotel rate much cheaper, so never really go compare...

 

[kitkat2]

airbnb will add 3% or more conversion fee if you pay in host's local currency.

https://community.withairbnb.com/t5/Help/Avoiding-the-Foreign-Transaction-Fee/td-p/159310

last month i wanted to book a place in indonesia with cimb's no foreign fee card. i wanted to pay in rupiah but at checkout page, airbnb hiked the price by 3%.

 

[gnooliew]

Any airbnb credit card promo at the moment?

 

[dleodleo]

Any airbnb credit card promo at the moment?

Ask someone with airbnb account and send the link to you and use that link to create an account and you will get some credits around S$28, use that credit to offset your booking.

 

[travellover]

Any airbnb credit card promo at the moment?

not at this moment.

you can ask someone with airbnb account and send the link to you and use that link to create an account and you will get SGD45 to offset