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SGEmployeeMan

22 Aug 2020

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Does anyone know would it be better to use frank debit card or OCBC 365 credit card for foreign currency conversion (e.g. SGD to USD)?

I’m actually adding funds to Etoro platform but they only accept USD, so I wonder does the 2 cards have different currency exchange fee, and which is better.

OCBC 365 Credit Card OCBC FRANK Credit Card

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Wrong Sean

22 Aug 2020

I don’t think it makes a difference unless it is explicitly stated that either of those cards have lower exchange rates. Both will use the bank forex rate for conversion. Read the T&Cs.

Use TransferWise/Revolut etc for such stuff. Apply for their debit cards.

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