There's nothing like a PayPal transaction to make points chasers nervous. What's the MCC? Will I earn any points? Will it count towards my sign up bonus? Here's how it works.
Higher foreign currency transaction fees, monthly instead of annual caps on the Reward's 10X and more excluded merchants. But some good news for PayPal transactions.
Because banks earn a nice profit on all your foreign spend (nowhere as bad as that scammy DCC but still a good margin), they tend to offer lucrative overseas spend bonuses to entice you to use your plastic overseas.
For example, DBS Altitude offers 2 miles per $1 on overseas spend (Potentially...
