It is not in the sticky, so please bare with me.
Now, before the last few weeks, I have always used my mums creditcard/paypal in order to purchase things online.
In the past I have bought a few things from America, and never really worried about conversion rates.
Now in my debit card account I have something like 320/330 dollars, in the situation of buying something like Astros, I would almost be clearing out my account. When using my mums account, I never gave two shits about the conversion rate, I would just pay for it, jump on XE, see how many Aussie dollars it totaled, and give that to my mum.
However, if i was to buy astros, i would be using most of the money!
QUESTION:
What conversion rate do Paypal use?
The one on XE at the time when the purchase is made?
REASON:
Being overdrawn* is a ****, I accidently went overdrawn a couple of months ago, and it cost me 100 dollars.
*Where you are using a debit card with a savings account, and you spend more money than you have on your card (Bank lends you the money, but charges you for it).
Posted on Wednesday, 21st July 2010