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Old 05-26-2008, 10:00 AM  
greenlab
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Join Date: Oct 2002
Posts: 252
Quote:
Originally Posted by Michael O View Post
The first line in my response were the answer to his question.
Let me repeat if for you:
VISA sets the exchange rate we have nothing to do with it.
Bullshit!

Indeed VISA sets the exchange rate but it doesnt mean that Epassporte is using the Visa set exchange rate.

I noticed that Epassporte rips you off from the first atm withdrawal i did few years ago.

I have also made a test like 2 month ago :

pulled a fixed amount of local currency from a local normal bank using 3 different cards : BOA check Card, Etrade Visa Platinum, Epassporte.

I have withdrawal the same ammount from all 3 cards, all within about 1 minute from each other and after few days (after the transaction settled) i looked over my accounts to see how much i have been debited :

Best one by far was the E*trade Visa Platinum Card (debit) - the amount was 99.8% the same as on XE, i not sure how they do it to be so good

Second one was BOA Check card...

The worst one by far was the Epassporte Visa card..it was like 20$ more pulled from the account then the Etrade card for an ammount of local curenty equivalent of 500$.

So definitely Epassporte is a ripoff in terms of currency exchange.
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