Macquarie Transaction Account FX Rates

hogwarts on 27/04/2018 - 18:53

Hi everyone,

I saw this https://www.macquarie.com/au/personal/bank-accounts/transact… and I was wondering if the FX Rates were the same as Googles. I know that it has a $0 foreign fee but are the fx rates the same as Google / XE?

TIA

Related Stores

Macquarie Bank

doweyy on 27/04/2018 - 18:54

+4

They use the Mastercard Exchange Rate which is usually spot on with XE or very close to it.
- hogwarts on 27/04/2018 - 18:56
  
  Thanks, that was what I wanted to know. Divipay has good rates and I'm pretty sure they use the mastercard exchange rate so it should be the same. Thanks again :)
  - doweyy on 27/04/2018 - 18:59
    
    You're welcome :)
    - hogwarts on 27/04/2018 - 20:27
      
      Also, when you withdrawl at ATMs overseas, does it use Mastercard rate as well?
    - kipps on 27/04/2018 - 21:00
      
      @hogwarts: pretty sure yes.
    - realfancyman on 27/04/2018 - 21:31
      
      -1
      
      @hogwarts: Yep, same rate for all transactions going through Mastercard.
kipps on 27/04/2018 - 20:04

The Ozbargain wiki re this is seemingly out of date. Will people pls help amend it?