Anyone have thoughts on which banks do not charge foreign transaction fees on ATM cash withdrawal?
Anyone have thoughts on which banks do not charge foreign transaction fees on ATM cash withdrawal?
Scotia Banks with a Bank of America atm card.
There may not be a foreign transaction fee, but you still have to pay a local processing fee assessed by the Scotia, correct? I think B of A used to refund this charge, but that is no longer the case.
My local bank (Conestoga Bank in PA) doesn't charge a foreign trans fee, but I still have to pay a charge assessed by the machine. I think it was up to $5 the last time I used a ScotiaBank ATM in November.
I have a Scotia account... no fees
The CHICKSTER
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Scotia is still in BofA's Global Alliance. BofA waives the $5 flat usage fee for using a non-BofA ATM (Scotia ATM) but still assesses an international transaction fee (3%). They've done this for several years now. You may be able to get international transaction fees refunded if you have enough assets with BofA to qualify for their Platinum Privileges program.
Bank of America. We used it at ATMs all throughout the world and never had a foreign transaction fee. It also has a chip, which you MUST have on a credit or debit card outside the US.
Ricky Ginsburg
Fort Collins, Colorado
(Where it's always a Rocky Mountain high.)
Schwab High Yield Investor Checking Account. Its FREE FREE FREE And they also rebate any ATM fees you are charged by a machine. Excellent service. It comes bundled with a free Brokerage Account, and you do not have to do any trading with them. I use that part like a savings account.
http://www.schwab.com/public/schwab/...ecking_account
For Canadians, Tangerine and Scotia. Tangerine is better as there are literally NO fees whatsoever for banking.