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Mastercard
mastercard.ca › home › get support
Mastercard Currency Converter - Currency Exchange Rate Calculator
Mastercard’s currency conversion calculator offers quick foreign currency exchange rates worldwide, to enable cross-border purchases and ATM transactions.
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Mastercard
travelprepaid.mastercard.com › rates
Currency Conversion Calculator - Mastercard
Our Currency Conversion Calculator allows you to check the foreign exchange rate if spending in a different currency when using a Mastercard Prepaid Travel Card.
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National Bank
nbc.ca › help centre › credit card › fees, rates and limits
What are the fees for a foreign currency transaction on my credit card? | National Bank
This fee is charged on the Canadian dollar amount after conversion. We use the daily Mastercard® exchange rate to convert your purchases and withdrawals into Canadian dollars. Use the Mastercard® Currency Converter Calculator to get an idea of the actual cost of your foreign currency transaction.
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Solaris
solarisgroup.com › en › exchange-rates › mastercard
Mastercard Exchange Rate Calculator | Solaris
Calculate Mastercard exchange rate for your transaction → This calculator makes it possible.
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Wise
wise.com › gb › blog › mastercard-exchange-rate
What is the Mastercard exchange rate? - Wise
December 17, 2024 - You can find out the Mastercard exchange rate, for either a transaction you’re making today or one you’ve made in the past, using the Mastercard currency conversion calculator.
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Visa
visa.ca › en_CA › support › consumer › travel-support › exchange-rate-calculator.html
Currency Converter - Exchange Rate Calculator | Visa
Exchange Rates & Currency Conversion Calculator - Use the converter to get an indication of the rate you may receive when using your Visa card. Learn more.
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PC Financial
pcfinancial.ca › en › learning-hub › faqs › pc-mastercard-101 › what-is-the-foreign-currency-conversion-charge-on-my-presidents-choice-financial-mastercard
What is the foreign currency conversion charge on my ...
The Foreign Currency Conversion Markup percentage is disclosed in your Disclosure Summary. The Mastercard exchange rate and Foreign Currency Conversion Markup percentage are incorporated into the conversion rate and the Canadian dollar transaction amount shown on your statement.
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Current Account
currentaccount.ie › home › currency conversion
Currency Conversion Calculator - Current Account
November 9, 2020 - Mastercard foreign exchange rates will also apply and are subject to change. This currency conversion calculator allows you to see the foreign exchange rates set by Mastercard to convert from the transaction currency as well as the European Central Bank's euro foreign exchange reference rates ...
Find elsewhere
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Mastercard
mea.mastercard.com › en-region-mea › personal › get-support › convert-currency.html
Mastercard Currency Converter | Currency Exchange Rate Calculator
Mastercard currency converter tool calculates foreign exchange rates for all the major currencies worldwide to enable cross-border purchases and ATM transactions.
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XE
xe.com › blog › money-transfer › what-is-the-mastercard-exchange-rate-and-how-will-it-impact-my-overseas-card
What is the Mastercard exchange rate, and how will it impact my overseas card payments?
May 20, 2009 - Here’s the information Mastercard typically uses to calculate these rates: Transaction Processing Date: Assume you buy dinner on the first of the month at your preferred restaurant, as mentioned above. Mastercard processes your transaction on the third day. Mastercard will use the currency ...
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Ferates
ferates.com › mastercard
MasterCard exchange rates to U.S. dollar for today
World currency exchange rates site. Money exchange rates for today. Visa and MasterCard exchange rates. Currency Converter. Charts
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Mastercard
mastercard.co.uk › en-gb › personal › get-support › convert-currency.html
Currency Converter | Foreign Exchange Rates Calculator | Mastercard
Our Mastercard currency converter calculator tool provides foreign exchange rates to convert from the transaction currency into your card's currency. Learn more
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Algbra
algbra.com › exchange-rate-calculator
Exchange Rate Calculator - Algbra
This currency converter tool provides foreign exchange ratesby Mastercard to convert from the transaction currency to your card's currency for cross-border purchases and ATM transactions.
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FinlyWealth
finlywealth.com › blog › are-credit-card-exchange-rates-good
Credit Card Exchange Rates in Canada: Are They Good? | FinlyWealth
July 14, 2024 - This is because the currency conversion rate applied by credit card networks meaning Visa, Mastercard, and American Express, is very close to the interbank rate, the rate banks use when trading currencies with each other. If you want to check the numbers, you can use the Visa Exchange rate calculator if you have a Visa Credit card or the Mastercard Currency converter calculator if you have a MasterCard.
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Reddit
reddit.com › r/personalfinancecanada › do all foreign transactions on mastercard/visa use the mastercard/visa conversion rate plus bank conversion fee (usually 2.5%)?
r/PersonalFinanceCanada on Reddit: Do all foreign transactions on Mastercard/Visa use the mastercard/visa conversion rate plus bank conversion fee (usually 2.5%)?
April 13, 2023 -

My understanding, if your bank charges 2.5%, then it will use the mastercard/visa conversion rate (which is market rate plus a very small amount like 0.4% based on mastercard currency converter), plus 2.5% from your bank.

so my question is, is this always the case, or can one bank use some other conversion rate other than the mastercard/visa one, THEN charge the extra 2.5%?

From CIBC: https://www.cibc.com/ca/pdf/credit-cards/d8419-cibc-dividend-sumbox.pdf

Foreign currency transactions, except Convenience Cheques, are converted to Canadian dollars on or after

the transaction date and before the posting date. You are charged the same conversion rate CIBC must pay,

plus a fee of 2.5% of the converted amount

so this "same conversion rate CIBC must pay" , is that the same mastercard/visa rate, or is it something else?