Compare Wise and ASB for Fiji transactions, focusing on conversion fees and exchange rates. Consider additional charges and explore real-world experiences. Contact ASB for hidden fees, review Wise card details, and seek personalized advice. The optimal choice balances fees, rates, and preferences.
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“Has anyone used a wise card in Fiji? In the app’s ‘travel hub’ section, they say the FJD conversion fee is 2.86%. ASB quotes 2.10% on their website. Am I better off using my ASB debit card instead of my wise card in Fiji?”
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Firstly, compare the conversion fees and exchange rates between Wise and ASB for transactions in Fiji. Wise mentioned having a 2.86% FJD conversion fee in their app, and ASB, quoting 2.10% on their website, indicates a notable difference. Exchange rates can fluctuate so be mindful of checking a different times.
Secondly, consider additional fees associated with both cards. While conversion fees are significant, other charges like ATM fees or transaction fees can impact the overall cost. Contact ASB directly to inquire about any hidden fees or specific terms associated with using your debit card in Fiji. Sometimes, banks may have different fee structures for international transactions.
Thirdly, delve into the details of your Wise card. Review the terms and conditions to understand the complete cost, including fees related to loading money onto the card and withdrawing cash. Check withdrawal limits for both your ASB debit card and Wise card to determine which is more convenient for your spending habits.
Lastly, seek real-world experiences from other travellers. Explore online forums or travel communities for insights from individuals who have used either Wise or ASB cards in Fiji. Their experiences can offer practical advice and highlight any unexpected challenges or advantages. If uncertainties persist, consider reaching out to ASB customer service or Wise support for personalised advice based on your account details. Ultimately, the optimal choice depends on a combination of conversion fees, exchange rates, additional charges, withdrawal limits, and individual preferences.
Hope this helps.
Regards, Clive Fernandes (Financial Adviser)
Director – National Capital
Disclosure: I am the director of National Capital, a KiwiSaver advice firm. The views expressed in this article are the views of the author. The information provided is of a general nature and is not intended to be personalised financial advice. You may seek appropriate financial advice from a Financial Adviser to suit your individual circumstances or contact National Capital.
