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Paying your maintenance fees - exchange rate

ACP

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Like everybody else we have just received our maintenance invoices - we own 2 weeks in the USA, plus Destination points and 5 weeks in Europe, we live in the UK. So we end up paying $ for our US and Destination Points and Euro for our European Weeks. We use our Marriott Credit Card as you would expect to max out on MRP (Although we get nowhere near the benefits that are received using the Marriott Credit Card from the USA). However the exchange rate used by the Credit Card is lousy and we end up paying extra for having to convert to £.

Does anybody know a cheaper way to pay Marriott money in $ and Euro - I obviously would loose a fair amount of MRP by not using the MRC, but to me Cash in more important than points at the moment.

Be interested if anybody has any thoughts, especially those in Europe that may have the same issue every year.

Many Thanks
 

bogey21

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How much will it cost you to get a check in US Dollars from your UK Bank?
Back when I used to owned race horses in Austrailia I found it reasonable to buy a check in Aussie Dollars and mail it.

George
 

Sunbum

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The Canadian Marriott Credit Card does not charge an exchange fee, only the true exchange rate. This is very rare for a credit card company and makes it great for charging foreign amounts to. I am not sure is the US or UK cards have this same benefit.
 

Bogeygirl

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My Canadian bank also issues a US dollar VISA card that does not charge the conversion fee. Thats what I'll be using - the exchange rate this year is painful.
 

MALC9990

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Like everybody else we have just received our maintenance invoices - we own 2 weeks in the USA, plus Destination points and 5 weeks in Europe, we live in the UK. So we end up paying $ for our US and Destination Points and Euro for our European Weeks. We use our Marriott Credit Card as you would expect to max out on MRP (Although we get nowhere near the benefits that are received using the Marriott Credit Card from the USA). However the exchange rate used by the Credit Card is lousy and we end up paying extra for having to convert to £.

Does anybody know a cheaper way to pay Marriott money in $ and Euro - I obviously would loose a fair amount of MRP by not using the MRC, but to me Cash in more important than points at the moment.

Be interested if anybody has any thoughts, especially those in Europe that may have the same issue every year.

Many Thanks

The UK Marriott Card charges 2.99% for foreign Currency transactions. The exchange rate used should be the daily Mastercard rate. So the rate itself is standard but the 2.99% uplift is what is adding to the bill.

The 2,99% is also pretty standard across most UK credit cards although there are a few that do not charge this. However those cards do not give any benefits like MRPs.
 

bazzap

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Like everybody else we have just received our maintenance invoices - we own 2 weeks in the USA, plus Destination points and 5 weeks in Europe, we live in the UK. So we end up paying $ for our US and Destination Points and Euro for our European Weeks. We use our Marriott Credit Card as you would expect to max out on MRP (Although we get nowhere near the benefits that are received using the Marriott Credit Card from the USA). However the exchange rate used by the Credit Card is lousy and we end up paying extra for having to convert to £.

Does anybody know a cheaper way to pay Marriott money in $ and Euro - I obviously would loose a fair amount of MRP by not using the MRC, but to me Cash in more important than points at the moment.

Be interested if anybody has any thoughts, especially those in Europe that may have the same issue every year.

Many Thanks
We pay some of our MFs with the UK Marriott Mastercard for the albeit limited, as you say, benefits compared to the US Marriott credit card options.
And yes, we reluctantly have to take the 2.99% hit on the foreign currency transaction charge.
The rest of our MFs we pay with our BA Amex card to earn Avios and 241 companion voucher. This also has a similar foreign currency transaction charge though.
 

ACP

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Thanks All. Looks like us European owners are having to pay extra yet again. It's bad enough that for every week we own we have to pay a $34.50 International Fee. Bah Humbug
 

bazzap

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Thanks All. Looks like us European owners are having to pay extra yet again. It's bad enough that for every week we own we have to pay a $34.50 International Fee. Bah Humbug
And don't forget the Spanish VAT we have to pay too - Bah bah humbug!
 
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