Exchange EUR to USD to save money


#1

Hi there,
I have a renewal of a YNAB subscription incoming next month, which will be in USD. My plan now is the following:

  • topup my EUR account with enough EUR (as this is my base currency)
  • exchange EUR to the sum needed to pay the subscription in USD (as the USD is pretty weak right now)
  • tell YNAB to use my Revolut CC

Now the questions are:

  1. Does it matter if I use the virtual or physical CC for this, i.e. is it possible that one has a higher chance of being rejected than the other?
  2. Will the amount be deducted from my USD account as long as there is enough money on it or do I have to do sth manually before?

Thanks in advance for any hints and tips


#2

It shouldn’t matter what card you add to YNAB.

If YNAB charges you in USD then it will be taken from your USD balance.


#3

It doesn’t matter which card you use.
Yes, in described situation USD account will be deducted.


#4

Thank you @henrikbjorn and @redi for your replies. Then I will proceed as planned