Credit Card Compare

How Does An Index Card, A Phone Card, And A Credit Card...

New postby Rosalia » 17 May 2010, 07:40

How does an index card, a phone card, and a credit card compare to the golden ratio? PROJECT QUESTION?

Hurry!
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New postby Francine » 17 May 2010, 07:40

The golden ratio is (1+sqrt(5))/2. It is about 1.618. So you could test the length and width of the different objects to see if the length/width has the same ratio.
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Credit card compared with exchanging money?

New postby Maia » 17 May 2010, 07:40

I don't have enough AUD in my bank but I have a credit card, the question is, if I use my credit card in Australia to pay everything, is it cheaper or more expensive, compared with exchaning my country's money into AUD?

I have a Visa card.

The question really puzzled me and is important to me. Thanks.
I want to pay everything by credit card so my family won't have to send money to my bank account. I will go back to my country soon so I want to save the trouble of exchanging money.
I think my bank charges 3%. And what about other fees? Like does visa charges you and some such?
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New postby Adriane » 17 May 2010, 07:40

This all depends on your credit cards foreign currency fee structure. Typically the credit card company gets a better exchange rate than you would be able to get in a bank. However, credit cards may charge up to 5% of the purchase as a fee for using the money in a foreign country. They are easy, and leave you free to not have to worry with banks. Just make sure you do not spend so much you cannot pay it off quickly.
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