#21 ·
Lawrence Alvarez2 said:Honestly, the absolute dumbest thing about JPMorgan Chase is how their foreign currency accounts work. You can’t just have one multi-currency account; instead, they force you to open a separate account for every single currency, which means a separate card and separate monthly fees for each one. It’s such a headache. At the end of the day, a dollar is a dollar, or a euro is a euro—it should all just be under one roof.
Lawrence Alvarez2 said:Look, I used to have separate PayPal cards—one in Euros and one in Dollars. Each account was its own thing with its own set of fees. I know what I'm talking about here. It comes down to the card itself; the currency is printed right on it. Why else would I bother having two different cards? If you try to use a single-currency card for a different currency, you're just inviting conversion fees to the party...
Look, if you’re dead set on having two separate accounts, they’ll set that up for you—just keep in mind they're gonna charge you for both... I guess. But honestly? If one multi-currency account does the trick for you, maybe just stick with that one and call it a day.
I mean, I don't think you actually had a clue at first—not really—but I guess you finally caught on. 😉