FlyerTalk Forums - View Single Post - Best card for foreign exchange?
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Old Feb 2, 2011 | 9:35 am
  #1962  
upgrader
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Join Date: Dec 2001
Location: Orlando, FL, USA
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Thanks, stimpy. So the Wells Fargo rate I would get on using my debit card for an ATM withdrawal would be whatever the Wells Fargo conversion rate is at that time plus the $5 charge? Any reason to think that this conversion rate would be any different from the conversion rate being used by other USA banks? I guess I'm just trying to figure out if my Wells Fargo debit card at an airport ATM is the best way to go in getting India rupees once I arrive in Delhi. Seems like it would the best since the only extra charge is the $5 fee, unless Wells Fargo articifically inflates it's foreign conversion rate to make up for the absence of a percentage fee for each use of its debit card at foreign ATMs? Am I correct or am I misunderstanding something I should consider in figuring out how to best convert USA money to India rupees?
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