FlyerTalk Forums - View Single Post - Fidelity Cash Management Debit Card/ATM Forex: Real-World Experience?

Oct 16, 2014, 10:24 am

#13

747FC

Join Date: Jan 2013

Location: Hawai'i Nei

Programs: Au: UA, Marriott, Hilton; GE

Posts: 7,139

Quote:

Originally Posted by kenshinluo

There is a 1% foreign transaction fee per the check card agreement. (https://www.fidelity.com/bin-public/...0Agreement.pdf)
However it does not specify if it's for a swipe purchase or ATM withdrawal.

Anyone can clarify?

Thanks

Edit:

I just chat with Fido online, agent told me 1% fee applies to both transaction and ATM withdrawal, and is charged by VISA. Also he said the new accounts group can decide to do a hard credit check, it's up to them, and no way to know for sure.

I've talked to several people in the Premium Account group, and have gotten consistent information that ATM withdrawals are not subject to the transaction fees. However, that is based upon having a Cash Management account.

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