In Reply to: Qld Teachers CU posted by WhyBother on Tuesday, 30. November 2004 at 18:33 Bali Time:
I'm with ANZ and they don't charge the wholesale exchange rate with their credit cards. The rate given is a little less than 1% more on the wholesale exchange rate plus a 1.5% commission. From what I can tell, this is fairly standard with most banks, but am not sure how these credit unions operate. Would have assumed that it would be in a fairly similar way.