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Which Privatbank card is better to use in supermarkets abroad?
Which Privatbank card (Visa or Master card) is more suitable for paying in a store abroad? Is there a difference? If yes, then what?
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Answers • 20
In Cyprus, the euro means better Master card (I was explained that way).
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1
answered 6 years ago
It doesn't matter, with any card. If the card is in hryvnia, then the conversion at the rate of Privatbank for cards
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10
answered 6 years ago
Visa payment system conversion currency - US dollar.
The conversion currency of the Master card payment system is euro.
Accordingly, it is more profitable to use a Master card for settlements in Cyprus.
If the card is in hryvnia, then the conversion when using a Visa card will be double UAH - USD - EUR
The conversion currency of the Master card payment system is euro.
Accordingly, it is more profitable to use a Master card for settlements in Cyprus.
If the card is in hryvnia, then the conversion when using a Visa card will be double UAH - USD - EUR
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7.5
answered 6 years ago
In theory, a mastercard is more profitable, since the conversion currency is the euro. In practice, you won't really notice the difference. Moreover, in Cyprus, the Euro is used only on half of the island.
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2.5
answered 6 years ago
It is best to use cash. On the card, in any case, you will lose from 2 to 5%, and if you withdraw cash from an ATM, then up to 10%.
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5.5
answered 6 years ago
Thank you all very much for your replies. I thought someone would answer that they tried to use both a visa and a mastercard in the same country, and what was the difference in the course.
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½
answered 6 years ago
Answer from the bank - In order to save on conversion, we recommend that you open a card in dollars or euros in this case.
When paying online and abroad, currency conversion takes place automatically, without commissions.
At the rate of PrivatBank, the conversion takes place only if the currency of the card is the hryvnia, and the purchase is in the currency of the dollar, euro, or ruble.
If the purchase currency is different, the purchase amount is converted, as a rule, into dollars at the rate of the payment system (Visa or MasterCard, depending on the card), the dollar is debited from the card at the PrivatBank rate.
When paying online and abroad, currency conversion takes place automatically, without commissions.
At the rate of PrivatBank, the conversion takes place only if the currency of the card is the hryvnia, and the purchase is in the currency of the dollar, euro, or ruble.
If the purchase currency is different, the purchase amount is converted, as a rule, into dollars at the rate of the payment system (Visa or MasterCard, depending on the card), the dollar is debited from the card at the PrivatBank rate.
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answered 6 years ago
If there is a card in the hryvnia currency, in this case, the conversion will be at the rate of PrivatBank from hryvnia to euro.
Through the dollar, it will pass if the payment currency is not dollar / euro
Through the dollar, it will pass if the payment currency is not dollar / euro
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answered 6 years ago
As far as I know, now all cards are in Privatbank of the Mastercard system. Make a card like this: https://goo.gl/NyHwVi The currency of the card should be the one in which you receive income. For this card, make yourself another card with a photo: https://goo.gl/GfvRPo Take cash with you anyway. But supermarkets do not need cash, you will not lose any 2-5%, and even more so 10%. There are, of course, country-specific features.
But for example, in Europe, payment occurs like this. Payment currency - euro. The amount in hryvnias is deducted from the hryvnia card at the Privatbank euro selling rate (for cards) at the time of payment. This rate can be seen on the main page of Privatbank, below. This euro selling rate for Privatbank cards is literally a penny more than the euro selling rate at the bank's cash desks. When paying with a card with a photo abroad, you will still be awarded points under the program http://rewards.mastercard.ua These points I then exchange for coupons of 200, 500 UAH in Auchan and Silpo. I present the coupon at the checkout, and they give me a discount on this amount.
But for example, in Europe, payment occurs like this. Payment currency - euro. The amount in hryvnias is deducted from the hryvnia card at the Privatbank euro selling rate (for cards) at the time of payment. This rate can be seen on the main page of Privatbank, below. This euro selling rate for Privatbank cards is literally a penny more than the euro selling rate at the bank's cash desks. When paying with a card with a photo abroad, you will still be awarded points under the program http://rewards.mastercard.ua These points I then exchange for coupons of 200, 500 UAH in Auchan and Silpo. I present the coupon at the checkout, and they give me a discount on this amount.
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9
answered 6 years ago
Thank you, my Visa card, purchases from China, for example, on Aliexpress, I always look and get a favorable rate. Now I'm wondering how it will be in Cyprus with €.
Previously, about 3 years ago there was a double conversion, and now they say that immediately in € at the rate of the bank.
Cash is obligatory, but if at the rate of the bank, then what difference does it make to buy foreign currency at home or pay there in a contactless way - a mobile phone.
Previously, about 3 years ago there was a double conversion, and now they say that immediately in € at the rate of the bank.
Cash is obligatory, but if at the rate of the bank, then what difference does it make to buy foreign currency at home or pay there in a contactless way - a mobile phone.
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1
answered 6 years ago
This is what bank issued the payment card, that "in any case, you will lose from 2 to 5% on the card if you withdraw cash from an ATM, then up to 10%"?
No bank known to me has any additional commissions for non-cash transactions. The amount in hryvnia is calculated strictly according to the conversion rate, which is available on the website of any bank.
% when withdrawing through an ATM depends on a number of factors, incl. and the level of the card (gold, premium, etc.) and interbank agreements, and the maximum can be 2-2.5% and can also be 0% (for example, a UkrSibbank Premium card when withdrawing from BNP Paribas ATMs)
No bank known to me has any additional commissions for non-cash transactions. The amount in hryvnia is calculated strictly according to the conversion rate, which is available on the website of any bank.
% when withdrawing through an ATM depends on a number of factors, incl. and the level of the card (gold, premium, etc.) and interbank agreements, and the maximum can be 2-2.5% and can also be 0% (for example, a UkrSibbank Premium card when withdrawing from BNP Paribas ATMs)
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3.5
answered 6 years ago
In addition to the bank rate, there is also a commission from another bank that serves the payment terminal. Those. Privatbank calculates its rate, and a bank in Cyprus takes its 1-2% in addition for servicing, and this commission does not depend on Privatbank, so it cannot advise on it.
Therefore, there is a difference, yes, a little 1-2%, but nonetheless. When withdrawing cash, it will definitely be more. 0% cannot be in principle.
I now have a MasterCard card from BNP Paribas, in PLN (I live in Poland), while withdrawing 200 Euros from an ATM in Crete, I lost 15 Euros - count 7.5%.
Previously, when I worked in Ukraine, I had a Gold card from Credit-Agricole, on business trips in Europe I took cash out, then I took a printout from the bank and reported to the accounting department - and so, never, in any country, the difference between the cash rate and what was debited from me , was not less than 5%.
At the same time, what then what then Ukrainian Credit Agricole, what Polish BNP Paribas talk about 0% when withdrawing from an ATM, but they are talking about THEIR commission. The commission of another bank is always present and it is far from 0%.
Therefore, there is a difference, yes, a little 1-2%, but nonetheless. When withdrawing cash, it will definitely be more. 0% cannot be in principle.
I now have a MasterCard card from BNP Paribas, in PLN (I live in Poland), while withdrawing 200 Euros from an ATM in Crete, I lost 15 Euros - count 7.5%.
Previously, when I worked in Ukraine, I had a Gold card from Credit-Agricole, on business trips in Europe I took cash out, then I took a printout from the bank and reported to the accounting department - and so, never, in any country, the difference between the cash rate and what was debited from me , was not less than 5%.
At the same time, what then what then Ukrainian Credit Agricole, what Polish BNP Paribas talk about 0% when withdrawing from an ATM, but they are talking about THEIR commission. The commission of another bank is always present and it is far from 0%.
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2
answered 6 years ago
kolyan_cat
It is best to use cash. On the card, in any case, you will lose from 2 to 5%, and if you withdraw cash from an ATM, then up to 10%.
Not true in any case - when buying in fixed price stores, it is often more profitable to use a card.
Conversion at the rate visa / master. But this is more likely not the case for the Euro zone.
It is best to use cash. On the card, in any case, you will lose from 2 to 5%, and if you withdraw cash from an ATM, then up to 10%.
Not true in any case - when buying in fixed price stores, it is often more profitable to use a card.
Conversion at the rate visa / master. But this is more likely not the case for the Euro zone.
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½
answered 6 years ago
Friends, stop writing this nonsense about 5-10%! A specific question was asked about paying by card in a supermarket abroad. Here it has already been answered in great detail, no 5-10% is ever written off !!!!
Question:
Which Privatbank card (Visa or Master card) is more suitable for paying in a store abroad? Is there a difference? If yes, then what?
A PERSON IS INTERESTED WHICH CARD IS BETTER TO PAY IN STORES, and not to withdraw cash
Question:
Which Privatbank card (Visa or Master card) is more suitable for paying in a store abroad? Is there a difference? If yes, then what?
A PERSON IS INTERESTED WHICH CARD IS BETTER TO PAY IN STORES, and not to withdraw cash
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7.5
answered 6 years ago
Comments about "nonsense" and "never written off" are usually written by people who did not reconcile expenses with a printout of movement on the card.
Many of my colleagues self-confidently argued with me, arguing that "nothing was debited from them", then we took printouts and it always turned out that there was a difference, 5-10% when withdrawing from an ATM, and up to 2% when paying by card. If at the time of payment by card the hryvnia has an unstable exchange rate, then you can lose all 5% when paying in the store.
Many of my colleagues self-confidently argued with me, arguing that "nothing was debited from them", then we took printouts and it always turned out that there was a difference, 5-10% when withdrawing from an ATM, and up to 2% when paying by card. If at the time of payment by card the hryvnia has an unstable exchange rate, then you can lose all 5% when paying in the store.
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1.5
answered 6 years ago
I checked kolyan_cat many times. I have a Privatbank MasterCard card with a photo. The one I wrote about above. This is an excellent card that is suitable for absolutely all payments abroad, including deposit locks for rented cars. Last year I was in 10 countries, and last year I visited 18 countries. Money is debited from the Privatbank card exactly as I wrote above, no 2% is debited. If the hryvnia has an unstable exchange rate, then in any case you will lose if you have money in hryvnia.
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7.5
answered 6 years ago
Another question! We have a BIOPASSPORT, do I need to apply for an ELECTRONIC VISA FORM?
The tourist memo says what is needed, the agency says it is not necessary.
The tourist memo says what is needed, the agency says it is not necessary.
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answered 6 years ago
Not necessary. In August we traveled on biometric passports without a visa
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2
answered 6 years ago
We returned from Cyprus, Protaras. I used simple Privatbank cards, the rate without interest is the one that was at the time of purchase, I always checked it in the application, it’s profitable! Review already written https://www.turpravda.com/cy/protaras/Lawsonia_Hotel_Apartments-h41451-r370657.html
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answered 6 years ago