Over the years I have published many articles comparing different credit cards’ foreign exchange rate and I have even shown that sometimes AMEX conversion rate can be better than Visa.
However, many people keep asking me if they should use their Maybank Visa Infinite or AMEX Reserve when they are overseas. If you did not know, both these cards earn the cardholder 1 Enrich or KrisFlyer or Asia Miles with every RM0.954 spent overseas.
So, for the benefit of those who hold both fabulous Maybank 2 Cards Premier, I have taken the trouble to once again prove to you which card is better for overseas transactions, i.e. Maybank Visa Infinite versus AMEX Reserve.
On 10th April 2018, I used both the Maybank Visa Infinite and the AMEX Reserve minutes apart at Dan Murphy’s, Melbourne, where each transaction was for 2 bottles of Johnnie Walker Green Label. Click here to see my collection of Johnnie Walkers in Melbourne.
Then on 11th April 2018, once again I used both the Maybank Visa Infinite and the AMEX Reserve minutes apart to buy fags at Woolworths, Melbourne.
So Which Card To Use For Overseas Transactions – Visa Infinite or AMEX Reserve?
Like I said at the very first paragraph – sometimes AMEX conversion rate can be better than Visa. From the above mentioned transactions, the difference between the Maybank Visa Infinite and AMEX is negligible. If you note from below, it is a draw! I paid less with the Maybank Visa Infinite for my Green Label Johnnie Walkers. However, for my fags bought on 11th April, I paid less with the AMEX Reserve.
Maybank Visa Infinite versus RHB Premier Visa Infinite (exclusive for Premier Banking Customers) versus UOB Visa Infinite (with or without Privilege Banking Status)
For more comparison of overseas transactions – Maybank Visa Infinite (the best credit card for accumulating KrisFlyer and Asia Miles from overseas transactions) versus RHB Premier Visa Infinite (the best credit card for accumulating Enrich miles from overseas transactions) versus UOB Visa Infinite – please click here to see a table of comparison which I have prepared for your easy reference.
CIMB World MasterCard versus MBB and UOB Visa Infinite
Click here to see comparison of overseas transactions which I published back in April 2016. Please note that the contents relating to AmBank may be obsolete. However, from this article you will learn that CIMB World MasterCard conversion rate is lower than Maybank Visa Infinite and UOB Visa Infinite.
Another Personal Financial Tutorial by GenX