REVscene Automotive Forum - exchange rate 0.99 / 1.00 maybe?

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- - exchange rate 0.99 / 1.00 maybe? (https://www.revscene.net/forums/626900-exchange-rate-0-99-1-00-maybe.html)

Quote:

Originally Posted by mx703 (Post 7264938)

say the true rate is $1CAD = $1.01USD
Banks might give you $1CAD = $0.99USD (below par)
your credit card will give you the worst rate, probably at like $1CAD = $0.97USD (below par)

So even though the true rate is above par, after the fee's and everything your CAD dollar is still worth less than the US dollar after everything is said and done.

Credit cards (almost all) always give you a crappy rate because they know most people don't have a US credit card so those people have no choice but to use their CAD credit card for US purchases. Which is why they give you the worst rate because they know you'll use your CAD credit card for US purchases.

Whenever I buy stuff in the states or online and need to pay with $US I use my TD US Visa card. So the purchase is charged in $US and I just go to my bank and do an exchange to save some money. To some people this isn't worth it especially if you only spend a few hundred $US. But, I buy enough things in $US I get some savings. I think BMO has a free US Visa card with no annual fee if you're interested or TD has their $US card free if you have a "select service" account.

If it's BMO, it is most likely a mastercard.

And they do not have a free one. They have one for $25 annual fee.

Wow, bringing back a thread from when US was near **parody** lol.

How did you even................. nvm.

Probably a troll looking to promote their business

i think randomly posting to up post count. look at their posts done so far :lol

Fail button is back?!

i thought this was that other thread where someone kept updating the rate in the title and it was back to par

i was almost all like "BUY ALL THE THINGS!"

but instead im like " :( "

It might just happen, if Trump gets elected. :lawl:

id rather pay an extra 25c a litre of gas at local pumps than have a weak ass dollar.

I'm looking for a good dentist, actually.

ocean dental by metro is pretty good

Wife goes to the dental clinic on Hastings beside where the old Dolphin theater use to be.
She is really happy with them.

Just putting this up for shits and giggles.

As long as it doesn't go below 75, it's all good.

90 cents is the happy medium for me

Anyone else remember all the doom and gloom people predicting 60 cents by the end of the year, etc, etc?

Where are these idiots now?