ApplePay Amex

wayne310

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Amex does not apply cross border purchase fee i heard..so should be good to link up for their true cashback card?
 

Trazora

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Amex does not apply cross border purchase fee i heard..so should be good to link up for their true cashback card?

Amex applies 2.5% currency conversion fee for overseas purchase in foreign currency. Think you meant DCC fee for paying in SGD when overseas when you say cross border fee? Amex dun allow DCC in the first place. Also DCC fee incur for purchase via internet not relevant to applepay.
 
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wayne310

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Amex applies 2.5% currency conversion fee for overseas purchase in foreign currency. Think you meant DCC fee for paying in SGD when overseas when you say cross border fee? Amex dun allow DCC in the first place. Also DCC fee incur for purchase via internet not relevant to applepay.

I meant spending in local currency..so USD spend in US....Visa charges some fee on these transactions that shows combined with FX rate in CC statement.

How does Amex work ?
 

Trazora

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I meant spending in local currency..so USD spend in US....Visa charges some fee on these transactions that shows combined with FX rate in CC statement.

How does Amex work ?

If pay in USD in US using amex card issued in singapore will incur 2.5% foreign currency conversion fee. The transaction will be converted and reflected to SGD in the statement.
 
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