Use of Credit card

Discussion in 'Credit Talk' started by angel, May 7, 2000.

  1. angel

    angel Guest

    TO WHOM IT MAY CONCERN

    I will be soon travelling outstation. but before i do so i would like to know if when i am travelling it is better to use the credit card for settling hotel bills or better to pay cash.

    When i use the Credit card i will be billed inmy local currency when i reach back home. I hvae a Standard Chart Credit card. And would like to know if i pay through credit card do i benifit in terms of the bank exchange rate.
     
  2. Meredith

    Meredith Guest

    Credit card companies generally offer a much better exchange rate than if you go to a currency exhange station.
     

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