[Official Thread] Ringgit Exchange Rate - Part 2

[Habrosus]

Sutera Mall 347

 

[RyanJ]

ichange is a joke. Physical card took more than a month haven’t arrive. YouTrip and Revolut and Wise all took less than 10 days.

Their app prompted me to add to my ApplePay. I added and top up money but end up cannot use coz first transaction cannot be contactless- need to either swipe or use PIN.

What the faak?

Mine no issues.

Physical card still not arrived.

I just put the virtual card into Google Wallet and transact.

For folks that wanna take advantage of their excellent rates ( today 3.539 ! ) but are concerned about their ... stability, can just immediately transfer ringgit to TNG eWallet. Remember to click and exchange Ringgit in iChange first then transfer funds. As long as there is sufficient Ringgit in iChange wallet, the transfer should not touch SGD.

An OTP will be required to approve the transfer.


iChange.

TNG eWallet

 

[Habrosus]

Charged to YouTrip 348.54

 

[Elon Jobs]

Mine no issues.
Physical card still not arrived.
I just put the virtual card into Google Wallet and transact.
For folks that wanna take advantage of their excellent rates ( today 3.539 ! ) but are concerned about their ... stability, can just immediately transfer ringgit to TNG eWallet. Remember to click and exchange Ringgit in iChange first then transfer funds. As long as there is sufficient Ringgit in iChange wallet, the transfer should not touch SGD.
An OTP will be required to approve the transfer.
iChange.

TNG eWallet

As of now, it’s been almost 6 weeks and my physical card has yet to arrive. I WhatsApp their customer service they told me to just wait.

Yes, I added their virtual card to my ApplePay, top up money via PayNow, but transaction declined. I tried at a petrol kiosk and a restaurant, ended up my RM100 stuck inside and I had to pay with Revolut ApplePay. I tried topping up with TnG also transaction unsuccessful.

I WhatsApp the customer service again, told me need to use physical card first. So here we are.

End of the day, their rates are better than their competitors but they still have a lot of issues to iron out. I know RM100 isn’t a ton of money but I’ve been using Revolut regularly since 2019 and YouTrip on and off during weekends and I have had almost zero issues (except for a few months back YouTrip system had issues and I topped up a fair bit to pay for mooncake family group buy, end up use Revolut again).

Revolut has changed cards several times from VISA to Mastercard back to VISA and each time the process was very smooth- the app will update when my card was shipped and when it is expected to arrive, usually within ten working days. Meanwhile, I can continue using the old card and the virtual card and their single use card. YouTrip I’m on my second card coz of expiry date, also no issues during the transition except the shipping took a bit longer than Revolut.

 

[Habrosus]

CIQ and most of JB Sentral 345

 

[sallybee]

Rates came down today

 

[Habrosus]

CIQ and most of JB Sentral 345

Charged to Revolut 3.4896

 

[monoblue]

Trust card 3.47

 

[monoblue]

Test water signed up for ichange. Now their digital currency is 3.5128 and cash currency is at 3.46... The digital currency rate is nice. Gonna treat it as a promo and use ichange for now. Storing trust and youtrip in cold palace haha...

I tried to exchange the digital currency for MYR and successfully transfer it to TnG...

Also I received the physical card for free within 4 days from my sign up...

 

[sallybee]

Received the physical card le. After 1 month

 

[Elon Jobs]

Some wait 4 days, others wait 4 weeks, maybe my ichange card need to wait 4 months…

 

[yooooz]

Arcade today best rate among all the shops is at 3.48

 

[monoblue]

I wonder why I wonder how... ichange has good good digital currency rate... it 1sgd to 3.5208 now...

 

[yooooz]

is ichange regulated by MAS?

 

[monoblue]

I extracted this from ichange website FAQ

"Where is my money stored."

The safety and integrity of your funds with iChange is of utmost priority to us. Your iChange funds are deposited into an account held with the DBS Bank Limited by SLIDESG PTE LTD, a Major Payment Institution approved and licensed by the Monetary Authority of Singapore under the Payment Services Act and is subject to MAS oversight. Your money is therefore stored independent from iChange accounts in a safe and regulated manner. To further add to the security, all your card transactions are proceeded through the stringent Mastercard processes and is protected by Mastercard rules and standards.


https://www.ichange.sg/faq

 

[sallybee]

i called slide when i have not received the physical card weeks ago. i was being push around.

 

[sallybee]

I extracted this from ichange website FAQ

"Where is my money stored."

The safety and integrity of your funds with iChange is of utmost priority to us. Your iChange funds are deposited into an account held with the DBS Bank Limited by SLIDESG PTE LTD, a Major Payment Institution approved and licensed by the Monetary Authority of Singapore under the Payment Services Act and is subject to MAS oversight. Your money is therefore stored independent from iChange accounts in a safe and regulated manner. To further add to the security, all your card transactions are proceeded through the stringent Mastercard processes and is protected by Mastercard rules and standards.


https://www.ichange.sg/faq

therefore im also careful even if it's them

 

[monoblue]

iChange digital currency 1 SGD to 3.5212

 

[sallybee]

Pushing it back up as Monday dawns

 

[hwsstx]

Today...at North Side

7.47am - Bus dropped off at SG's CIQ
7.50am - Cleared SG's CIQ
8.04am - Cleared E-Gate

3.45 @ Sentral