Hi,
Just after some advice. I'm looking to buy some stuff online in USD with my bankwest zero platinum card.
Is it better to buy in AUD and let PayPal convert or buy in USD and let bankwest convert. I tried looking online and can't really see anything from bankwest regarding conversion fees.
Thanks
Buy in USD. They'll use MasterCard rates which are very close to the actual rate.
The trick is to cut out as many middlemen as possible because they all want their cut, and paypal is the fattest middleman.
I do it often.
Always check paypal conversion vs bankwest cc in us$.
Find the conversion rate at the Mastercard site (not bankwest).
Dmo1 has given a link above.
Also find that sometimes just buying using us$ results in lower price.
I have the same card. Without exception, PayPal's conversion rates have been worse when I've compared both options for purchases I've made.
You want to use the MasterCard rates from somewhere like here.
EDIT: Found an example. I had to renew a domain name for €15.60 through joker.com last week. PayPal was going to charge me $26.89 when they converted it, I used my BW Zero Platinum MC and let them convert it and it was $25.66 instead.