alt Hacker NewsWait, why does your debit card involve forex fees and spreads?
Replies
neonstatic • today at 2:50 PM
With Wise it does not, but with my legacy bank it does, because the base currency is one of the non-euro European ones.
Wait, why does your debit card involve forex fees and spreads?
With Wise it does not, but with my legacy bank it does, because the base currency is one of the non-euro European ones.
Somebody's got to do the currency conversion. If you let the merchant do it, it's usually even worse.
(Implicit is the OP buying a bunch of stuff in a currency which is not the one they earn it; probably only one of those is dollars)