Yen Exchange Rate Lures Purchases of Suica Cards; Experts Warn Against Ignoring Settling Rates
Recently, the exchange rate of the New Taiwan Dollar against the Japanese Yen has been very favorable, prompting many Japan enthusiasts to top up their Suica cards. However, experts remind users that the rate applied for credit card transactions is not the current spot rate but rather the rate applicable on the settlement date.
If the exchange rate rebounds during this period, the bargain expected when topping up could turn into a higher cost. To manage expenses more effectively, it is advisable to use multi-currency credit cards or exchange cash at ATMs.
