When we buy abroad, at stores like US Amazon and stores that accept PayPal, better pay in dollars or real?
This is a subject I have discussed in the article on Wireless phone system Panasonic KX-TGF574S, but given the importance of the subject, I think he deserves a separate article.
From which Amazon It began offering payments in default currency credit card, I had been paying my requests in real. This option has a certain goodwill, but avoids surprises on the card bill, because the value indicated in the order completion is the amount that is actually paid (over the IOF 6,38%).
My main credit card is a Visa Platinum Bank of Brazil. But paying in dollars with him is a nightmare. They charge a premium (spread) approximately 4%, and the price used is the date of the invoice maturity. As the bill closes a 10 ~ 12 days before the expiration, it also implies to pay or receive the exchange rate difference between the closing and the maturity of the bill the following month. It is hard to know the amount actually paid, it only gives to calculate a 2 ~ 3 months after purchase, and gives a good job.
But now I have a Mastercard credit card Inter. It has a dollar price much more reasonable, with only spread 1% on the dollar PTAX. And the price used is the 2 days before the closing invoice, then we are subject to far less time to exchange variation, and there are no differences to be agreed next month. The value comes in the invoice is already effective.
To speak the truth, I opened the account at Banco Inter already targeting the advantages of this card. I am also using the lines of investments, which are also interesting, but the card was what motivated me to open the account.
To complete, a US Amazon walk exaggerating the goodwill. For example: at the time of writing this article we PTAX dollar to R $ 3,862 the dollar and the Amazon goes for $ 4,111. Goodwill Amazon is around 6,4%, greater than 4% Bank of Brazil and much larger than the 1% Inter Bank. Thus I prefer the risk of exchange rate changes, unless there is a very strong indication that the dollar will have an increase of more than 5% against the real in the interval between the purchase and closure of Mastercard invoice Inter.
Buying with the Inter Bank card instead of Visa Platinum Banco do Brazil I leave to win 1,2 Livelo points per dollar spent. But as I have shown here in Skooter Blog, the return on points not enough to 1%. And the economy spread to the Inter Bank in relation to the Bank of Brazil is 3%.
The same reasoning applies to other stores abroad, that give the option to pay in dollars or real. PayPal is another example of excessive premium on the price. I have avoided using their conversion also.
No case of Amazon and Paypal, Charge the IOF 6,38%, regardless of the payment is in dollars or real, why not consider the IOF in the accounts.
But then it is always better to pay in dollars? Not, non-semper. An exception to this rule is the AliExpress, and other stores that use the Ebanx to offer payments in real. At the time of writing this article, the dollar's AliExpress is worth R $ 4,123. are approximately 6,76% Goodwill considering PTAX Dollar R $ 3,862. But, in this case the charge is held in Brazil, and so fail to pay 6,38% IOF. With the IOF PTAX dollar goes for $ 4,108, and adding the Inter spread 1%, We would reach approximately R $ 4,149.
Payment via Ebanx has an IOF collection 0,38% done by the Ebanx. In this case the R $ 4,123 go up to R $ 4,139. But still leaves a bit more expensive (0,4%) pay in dollars. Add the risk of exchange rate changes and concluded that it is not worth.
So to summarize:
- Shopping in US Amazon and PayPal I pay in dollars, with Mastercard Inter Bank.
- Shopping in AliExpress eu pago em reais com o cartão Visa do Banco do Brasil.
Not, eu não ganho nada do Banco Inter para mostrar essa vantagem dos cartões de crédito deles. Mas bem que eu gostaria. Ei Banco Inter, que tal anunciar no Skooter Blog? 🙂
The spread do Banco Inter de 1% é informado no site deles. The NuBank tem um spread de 4%, mas usa o dólar da data da compra, se adiantando à medida do Banco Central que obrigará todos os cartões a oferecerem tal opção à partir de março de 2020.
Infelizmente a maioria dos outros bancos omite o valor do spread, but spread de alguns deles é informado neste artigo do blog Falando de Viagens. Como as informações são de 2016, pode ser que tenha ocorrido alguma mudança.