![]() 5) Schwab Bank High Yield Investor Checking Account If you want to ensure you avoid ATM usage fees, then you can use your Capital One debit card at an AllPoint ® ATM, available in the United States, Canada, United Kingdom, Puerto Rico, Australia, and Mexico. You may still incur a flat usage fee from the issuing bank’s ATM, but for some customers, Capital One may reimburse up to $15 per statement month. There are no monthly service fees or minimum account balance requirements. If you set up a regular account with a physical branch, then you would incur foreign transaction fees on ATM withdrawals. This is only applicable to Capital One 360 customers who set up a checking account online. If you have a Capital One 360 Checking ® account, then you will benefit from no transaction fees for withdrawing cash abroad. Hot Tip: Also avoid paying fee’s when using your cards abroad! See our in-depth article on the best credit cards that have no foreign transaction fees. To open an account, there is a $10 minimum opening balance and a $7 monthly maintenance fee. For any ATM issuer fees incurred, these fees are reimbursed within 2-3 days of the withdrawal. With the Aspiration Plus online checking account, you receive one monthly reimbursement of international ATM fees charged when using both network and non-network ATMs, even traveling worldwide.Īspiration’s fine print does state that a 1% foreign transaction fee is applicable however, it’s not clear whether this is applicable to ATM withdrawals or for debit card transactions. The Ally Interest Checking Account does not require a minimum opening balance and there are no monthly maintenance fees. However, Ally recommends that customers should proceed with the transaction and the surcharge will not be issued, or it will be refunded within 2 days. Sometimes a surcharge will still display on the ATM screen. If withdrawing from an AllPoint ® ATM, then no ATM surcharge would apply. When withdrawing cash from an international ATM, the Ally Interest Checking Account charges a very reasonable rate of 1%, with the standard being 3%. 2) Ally Bank ® – Interest Checking Account Hot Tip: If you’re also in the market for a business checking account, there are multiple great Chase business checking accounts that you should consider. Chase attempts to identify and refund any charges from ATM issuers, but can also be contacted to request a refund if they didn’t identify these fees initially.Ĭhase’s popular “Sapphire Checking” account doesn’t charge any international fees if you withdraw from an ATM abroad. For Chase Premier Plus Checking℠ customers, the $5 withdrawal fee will be refunded for up to 4 withdrawals within a statement period, but this does not include a rebate for any fees incurred from the ATM issuer.Ĭhase Sapphire Checking customers do not incur any fees, including foreign transaction fees, for withdrawing cash from an ATM abroad. In general, Chase charges $5 for international cash withdrawals plus a 3% foreign transaction fee. The Best Checking Accounts to Avoid International ATM Withdrawal Fees 1) Chase Bank ![]() Here’s a list of great checking accounts or banks to consider that help you avoid those international withdrawal fees. With international ATM withdrawal fees usually around $3-5 per use, plus a percentage-based foreign transaction fee, the cost of accessing your own money when traveling can seriously add up.įortunately, there are banks out there that don’t charge foreign transaction fees, that will reimburse you for any fees incurred, or that charge lower fees in comparison to other banks. No one enjoys being charged fees to withdraw cash while abroad, and this can sting particularly when you’re hit with not just a withdrawal fee from the issuing ATM, but also your bank.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |