Originally Posted by
spgaston
I usually try to use cash from ATM machines when I am overseas because my credit union only charges the 1% Visa/MC exchange fee and nothing else, but I thought I had discovered a cheaper method with CapitalOne.
I opened a Capital One Money Market Savings account online a little more than a year ago. It comes with an ATM card (not a debit card - can't use at retailers) that I have used overseas many times. Not only do I earn a little interest, but I get no fee currency conversion. They don't charge any fees for withdrawals in terms of per transaction fee, or conversion percentage. It uses Visa's Plus network of ATMs, so I'm set in most places. If you sign up, check the T&C to make sure nothing has changed!
Link to Money Market Information:
http://www.capitalone.com/directbank...arket-account/
ATM Locator for PLUS network:
http://visa.via.infonow.net/locator/global/