Quote:
Originally Posted by mykalberta
You might want to wait until the dollar is higher so that your cc company might then actually give you a par rate. You are still going to get dinged 3% or whatever.
Even on US dollar accounts you dont get the floating rate. Its another classic bank scam.
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How is it a scam? They sell US currency just like any normal business selling a product. With a mark up for profit.
They even post the cost of US currency. Its not like the price changes when you get to the counter. When you buy something at Safeway, the price is right there for you too.