Negative Fees

I recently got a fairly large refund to my Curve card in AUD. Despite the original transaction being charged to my underlying card in GBP, and the currency of the card being set to GBP, Curve sent the refund in AUD.

Initially I was annoyed, because the underlying card charges quite high fees for non-GBP transactions. Then I noticed that the “fee” was negative - they gave me back extra money. They just multiplied the negative transaction amount by the fee percentage.

A rare case of Curve’s quirks actually benefiting me…


As far as I am aware banks can’t charge fees for refunds and with refunds their supposed to reverse all fees charged with original transaction so I got €0.49 euro charge on original transaction and it was reversed on the refund