Introducing the Shift Card: Use Bitcoin where Visa is accepted

Re:Introducing the Shift Card: Use Bitcoin where Visa is acc... by aggronn on Friday November 20, 2015 @11:36AM (#10602079)

This might be the case for people who travel a lot and only hold money in bitcoin and not their native currency, but even then its worse then using USD. There are much better debit cards for travelers which don't charge foreign transaction fees or ATM fees (Schwab Investor Checking for example).

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Re:Introducing the Shift Card: Use Bitcoin where Visa is acc... by AYBABTME on Friday November 20, 2015 @11:38AM (#10602088)

The thing that sucks more is the unexpected and shitty conversion rate you get. I'm not too sure yet what's the best way to go about this, open bank accounts in all those countries and do your currency exchange yourself?

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Re:Introducing the Shift Card: Use Bitcoin where Visa is acc... by Symbiote on Friday November 20, 2015 @03:19PM (#10603575)

Find a card using the MasterCard or VISA base rate, with no additional fee.

As an example, I was charged CHF20.00 on 5 October, which the card statement says was converted at a rate of 1.4728 to a £13.58 charge on my account¹. XE.com has that day's average rate as 1.4785.

There aren't going to be any other benefits to the card, but that's OK — I have another card for spending in pounds.

The alternative is a pre-paid credit card.

¹ Halifax Clarity.

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