There’s also a risk of purchasing something in a foreign currency when the exchange rates are bad, and then getting a refund of that purchase when the exchange rates have decreased. In such a case you’d receive a smaller refund than what you paid, and there’s nothing you could do about it. In general, however, I agree to always choose to pay in local currency. And if there’s low risk of having to seek a refund anyway, then you’re fine. Also, I’ve never heard of being able to get VAT taxes refunded. That’s a great tip!
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What’s a vat refund
The Venture X is a good card to take with you on your trip, but consider options that give you over 2x back on category spend.
There’s also a risk of purchasing something in a foreign currency when the exchange rates are bad, and then getting a refund of that purchase when the exchange rates have decreased. In such a case you’d receive a smaller refund than what you paid, and there’s nothing you could do about it. In general, however, I agree to always choose to pay in local currency. And if there’s low risk of having to seek a refund anyway, then you’re fine.
Also, I’ve never heard of being able to get VAT taxes refunded. That’s a great tip!
Oh I made the mistake of letting shop convert my money recently, it was an expensive candy bar.
Great tips , bro! I didn't know about this
can you do a longer video on VAT refunds? I don't know anything about these. Thank you.