By Letters
Copyright caymancompass
Dear Editor.
Some time ago I wrote to you about how the Cayman Islands was probably the only country in the world that did not charge credit cards in its own currency. As a result, by changing what has been spent from Cayman dollars to US dollars by dividing by 0.8 means that cardholders are paying more than they have spent.
Imagine my surprise and pleasure when a few weeks ago after handing in my American Express credit card I was asked if I would like to pay in Cayman dollars. Since then, I have used this card all of the time.
There are problems when some outlets claim that their machine will not allow it, when other outlets of the same company do it with no problem.
Let us hope that this will be sorted out and that soon all credit cards here will be charged in Cayman dollars and tourists and residents alike will no longer be ‘legally’ robbed.
George Tustin