(June 28, 2016 at 9:34 am)pocaracas Wrote:(June 28, 2016 at 9:13 am)Tiberius Wrote: I don't care to get into a stupid semantics argument with you, but whether I'm losing money or losing value, the effect is the same. I get paid in GBP, and I live in America, so I have to convert it to USD every month.
I wonder.... how do you convert it?
A friend of mine showed me the revolut card and I think it works quite well... (https://revolut.com/)
Just wire cash to the card's account in GBP (or EUR or USD) and then convert when you want at the stop exchange rate... no extra fees, no nothing.
At least, I had no problems with it during my one week stay at the US!
I've been using Transferwise, which has a low fee and transfers money and mid-market rates. Apparently Revolute has a slightly lower exchange rate, but no fee might balance that out, especially if I can get my money in a few hours (with Transferwise it takes a few days). I'll check it out.