Overseas Purchases Don't Have To Cost A Fortune

We’re no stranger to online shopping; we’ve all done it before, some perhaps a little more than we’d like to admit (don’t worry, we’ve been there). From beauty products to gadgets and car accessories, everyone has got their own kryptonite.

While there aren't many hiccups shopping on local sites, things can get a little sticky when dealing with foreign currency. If you've purchased an item in foreign currency such as USD, AUD or GBP, the amount charged to your card will be in ringgit. The amount which is reflected in your bank statement will usually be higher after conversion (DCC) in comparison to the exchange rate you've seen in stores or online due to the fluctuating credit card rates.

Online shopping may not look as attractive anymore. What if we told you there is a way to purchase your items without any transaction fee or surcharge upon your purchase? Plus, the rates don’t fluctuate, giving you the advantage of saving EVEN MORE on your overseas retail. No shady shenanigans going on here.

Introducing our Merchantrade Money Visa Prepaid card, an e-wallet where you can opt to buy currency and store it, or shop online with the rates locked in from the start. Plus, it works just like a regular VISA card, so it's accepted pretty much everywhere. Oh, and if you have excess foreign currency, you can always resell it via the Merchantrade Money app!

Say, if you’re looking to buy a wallet for USD$100, all you have to do is to purchase the foreign currency via the app and pay the amount in MYR using your online banking system. The currency will be credited into your e-wallet. Once done, key in your Merchantrade Money Card number at checkout and you’re done!

Here’s a gift from us to you shopping enthusiasts and globetrotters - starting from 20th October 2019 to 20th January 2019, we have a 2% cashback promo on all foreign currency payments!

Oh, and did we mention Black Friday sale is happening on the 23rd of November? Get your card ready for an unforgettable shopping spree!