My Capital One Exchange Rate Lower This Week! NO! Say it isn’t so! I have always reported that “100% of the time” my capital one credit card beats the local street rate. But this week, I have to eat my words.
The best street rate shown below at TT exchange was 34.12 Thai Baht to the USD.
Off to Big C and Shabushi (my favorite restaurant), where we always charge every transaction. But when I reviewed my statement, I found that my Capital One Venture Rewards card provided me with a LOWER than street rate conversion!! I was devastated.
The street rate was 34.12; I only obtained 34.11. Even though we are only talking about a “dollar per hundred” dollars difference, it now prevents me from saying that “I beat street rate 100% of the time with my Capital One Card”.
My Chase credit card was worse (but it usually is worse). I received 33.94 baht/USD instead of the local street rate of 34.12; very sad to read.