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.
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.)
I use NCB bank with a PayPal Debit card and get no transaction fees. I do at Scotia.Originally Posted by Captain Oil
Peace and Guidance
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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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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.
Sadly this is no longer the case. I was hit for almost $8 each time I pulled out 30,000 JMD two weeks ago.
From PayPal website:
PayPal Debit MasterCard Fees:
Foreign Transaction Fee (Debit Card Signature Purchase To or Debit Card ATM Withdrawal From)
1%; Per purchase from a non-US merchant or use at a non-US ATM. This fee will apply even if the transaction does not require a currency conversion.
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