Author Topic: MY 3 cents worth  (Read 2497 times)

0 Members and 1 Guest are viewing this topic.

Offline cyclegod

  • Legend
  • *****
  • Posts: 2530
  • Sunny PERTH W.A
    • View Profile
    • cyclegod on "youtube"
MY 3 cents worth
« on: May 04, 2011, 05:00:56 pm »
Why is it that Paypal's US to AU exchange rate is ALWAYS 3 cents different to what is current? today is $1.09 but paypal is $1.06
Ban BLACK rims NOW

Offline head

  • A-Grade
  • ****
  • Posts: 373
    • View Profile
Re: MY 3 cents worth
« Reply #1 on: May 04, 2011, 05:26:06 pm »
no different to any of the banks, you never get the rate, it is allways 3-4 cents less and then 3-4 cents more when you change back the other way. Thats how they make their money.

Offline Mick D

  • Legend
  • *****
  • Posts: 2915
    • View Profile
Re: MY 3 cents worth
« Reply #2 on: May 04, 2011, 05:26:47 pm »
Pay pal actually charge 2.5% to exchange currency.
This is on top of the 2.9% fee they charge the seller, for their services.

Sometimes it takes them a little longer to correct the rate.

Just like the Oil companies that are affected by the fluctuating dollar, they drag the chain when it suits them to gouge us a little deeper.
"light weight, and it works great"  :)

Offline IT490K1983

  • C-Grade
  • **
  • Posts: 123
    • View Profile
Re: MY 3 cents worth
« Reply #3 on: May 04, 2011, 09:08:13 pm »
On matters regarding money; how come the interest rate for a personal loan is currently sitting somewhere around the mid 14 % mark and our money sitting in our bank account is only worth about a third of that interest rate. Thieving, greedy %$#@ capatilists.  >:( >:( >:( >:(

Offline VMX247

  • Megastar
  • *******
  • Posts: 8766
  • Western Australia
    • View Profile
Re: MY 3 cents worth
« Reply #4 on: May 04, 2011, 09:34:26 pm »
On matters regarding money; how come the interest rate for a personal loan is currently sitting somewhere around the mid 14 % mark and our money sitting in our bank account is only worth about a third of that interest rate. Thieving, greedy %$#@ capatilists.  >:( >:( >:( >:(

Have a look at kids account % rates ..way good like the 70's....  ;D
Best is in the West !!

Offline Mick D

  • Legend
  • *****
  • Posts: 2915
    • View Profile
Re: MY 3 cents worth
« Reply #5 on: May 04, 2011, 09:37:24 pm »
On matters regarding money; how come the interest rate for a personal loan is currently sitting somewhere around the mid 14 % mark and our money sitting in our bank account is only worth about a third of that interest rate. Thieving, greedy %$#@ capatilists.  >:( >:( >:( >:(

Go grab a cold beer,
Come back,
Move up to the first initial post,
Stare at Cyclegod's avatar for half an hour and you'll forget all about everything that's shitting ya.

I just stared at it for 30 seconds, everything all fixed now.

I have decided to make it a part of everyday now. Purely for meditation purposes.
Health is Wealth 8)  
« Last Edit: May 04, 2011, 09:41:25 pm by MICK-DE »
"light weight, and it works great"  :)

Offline VMX247

  • Megastar
  • *******
  • Posts: 8766
  • Western Australia
    • View Profile
Re: MY 3 cents worth
« Reply #6 on: May 04, 2011, 09:40:47 pm »
Aint she the happiest blond  ;D
Best is in the West !!

Offline Mick D

  • Legend
  • *****
  • Posts: 2915
    • View Profile
Re: MY 3 cents worth
« Reply #7 on: May 04, 2011, 09:43:27 pm »
Yes, she does indeed have a very pretty smile. I didn't notice that until you mentioned it ::)
"light weight, and it works great"  :)

Offline motomaniac

  • Legend
  • *****
  • Posts: 2448
    • View Profile
Re: MY 3 cents worth
« Reply #8 on: May 04, 2011, 10:20:56 pm »
You don't have to use PAYPALS exchange rate . Whenyou go to pay there s an option to use PAYPAL'S or your banks credit card exchange rate . The card rate is also less than the qouted exchange rate but way better than PAYPAL's.

Offline crash n bern

  • Legend
  • *****
  • Posts: 784
    • View Profile
Re: MY 3 cents worth
« Reply #9 on: May 05, 2011, 11:13:41 am »
If your Paypal is hooked up through your credit card rather than direct debit, you will pay twice.  once through the paypal exchange rate then again through your credit card exchange rate.

Offline Hoony

  • Legend
  • *****
  • Posts: 4309
  • Melbourne, Vic.
    • View Profile
Re: MY 3 cents worth
« Reply #10 on: May 05, 2011, 03:07:21 pm »
Yes, she does indeed have a very pretty smile. I didn't notice that until you mentioned it ::)
 

Don't you love the rebound
Long time Honda Fan, but all bike nut in general, Big Bore 2 stroke fan.    http://www.youtube.com/watch?v=XJoKP6MawYI
1985 Honda CR500RF "Big Red"
1986 Honda CR250RG
2005 KTM 300EXC "The GruntMeister" ( I love that engine)