“I have a Russian debit card in rubles at my bank. What happens when I transact in dollars or euros on it?”

Russian bank cards
Locked up debit cards. Image courtesy of RT.

Check with your bank to see how long they hold payments for before processing them. If it takes them a while (I know of a Russian bank which takes up to 30 days to release the funds) beware, given the ruble volatility. If you bought something in dollars using your ruble card, they will usually charge you the credit card provider’s exchange rate (different from your bank’s) on the day that the funds are released.

You are better off sticking to the same currency card as you are spending in.


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