Originally Posted by
CASACW2
What are the lowest possible fees with a fee-free ATM available?
A: For 2 cards, each loaded with $2.5K each over 2 months ($10K in total), you would pay $30 in loading fees (10 load fees of $3 each) and $63 in ATM fees (25 total withdrawals, with 1 free withdrawal per card each month, resulting in 21 ATM fees of $3 each).
So AllPoints ATMS (via RedBird) still charge a fee? - Edit: Just want to be sure. Thanks!
Nope, they won't excuse these cards from the fee. In practice, you'll be loading 2k and 3k on the two AFT cards, respectively. So you'll require
approximately 25 withdrawals every 2 months. 4 of those will be free of fees (2 per card) so you're looking at about $63 in fees every two months to withdraw and $30 every 2 months to load up ($3 per thousand). I round up and assume a 1% fee all around (1% of 10k is $100 so I'm close)