As Mastercard is responsible for the conversion, why is Curve charging a markup for this service?
0.5% for EUR/GBP/USD on weekends (which wouldn’t actually clear until Monday anyways, as authorizations take a few days)
1.5% for everything else that could actually make Curve more expensive than every other card I carry in my wallet
I’m also not sure why Curve charges fair usage fees of £0.50 on ATM’s for U.K. users considering ATMs charge about 22.5p per withdrawal here.
I’m also curious as to why Curve is insistent on calling things unlimited and then slipping in fair usage fees, just say you get 15k a year of markup-free foreign spending and call it a day. Misleading your customers isn’t good for retention.