Using My Cards At Carl’s Jr and Starbucks

DEBIT CARD TRANSACTION:

Today I withdrew 25,000-baht using my ATM card.

Schwab debit:  25,000baht taken
$777.84 posted to my checking account statement
rate given:  32.14
street rate:  32.04

atm schwab 7-3-14

exchange rate july 3, 201432.04 is the best rate we could get on the street for this day.

 

CREDIT CARD TRANSACTION:

Also today, I purchased coffee at Starbucks for 275-baht.   On my credit card statement, you will see that this coffee was converted to $8.51USD, and I received an exchange rate of 32.32.

Starbucks coffee in Thailand

credit card purchase at starbucks

After the coffee, we ate at R&R Restaurant (Carl’s Jr) for 415-baht.  That converted to 32.32 (baht/USD).  This is a really good example to show because it demonstrates how a few minutes does make a difference in exchange rates.

 

COMPARE TO YAHOO RATES:

To show the difference, this is Yahoo’s online rate for the day.  They were showing 32.35 as their best rate; while 32.04 was the best rate we could get on the street.

comparing yahoo rate to street rate

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