I choose to pay my onboard charges in the currency of my card. I choose to use Royal Caribbean International's currency conversion programme. This currency conversion transaction is based on wholesale exchange rates collected from Bloomberg, plus a 3% international currency conversion fee. My choice to have charges billed in the currency of my card is final. I accept that the exchange rate used will be the rate in effect at the time the amounts are charged to my card.
I choose to have my credit card issuer convert my onboard charges to the currency of my card in lieu of participating in the Royal Caribbean International currency conversion programme.
If I opt for my charges to be converted by my credit card issuer, or if my card is not billed in one of the billing currencies listed, my charges will be processed in the onboard currency (USD) and the issuer of my card may charge a service fee for currency conversion.
I am concerned that I will have no control over the exchang erates and thus be ripped off by RC or my credit card company or both! I have read some threads and it would appear that I may be able to settle us with USD cash at the end of the cruise. This would mean I get to chose the exchange rate before the cruise. I also note that my expenses wil not necessarily be that much so the exchange rate differences on $500-$1000 will not be great, but I'd love to hear the views of members so I know for the future or can learn any tips before this cruise.
Thanks in advance for your replies.