Banking Credit Card real-world rate "MEP" transaction repo (Dec2023)

[Surfer]

The peso is holding up fairly well. Still kills me that the locals have to pay so much for Netflix. I guess until we see this fixed probably more problems to come.

 

[Bharat]

Any one know if the spreads are the same? I haven't looked in a while.

 

[marbella]

Any one know if the spreads are the same? I haven't looked in a while.

It's the same as usual. You can look at the Mastercard and Visa links for the rates.

All the links are at this page.

Newcomer Post in thread 'Foreign Credit Card purchases at MEP rate?'

Nov 26, 2023

You don't have to be sorry or feel like a newbie. Financial and banking matters are VERY complex in Argentina. Even for expats who have lived here for many years.
It is also constantly changing and evolving and the government puts new rules and restrictions all the time. Fortunately, Javier Milei just got elected President of Argentina and he starts on December 10, so things should gradually improve.

It will take a lot of time for him to unwind the mess of previous administrations. But the complexity hopefully will get easier.

You can see all the different exchange rates here...

• earlyretirement

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