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I have brokerage accounts both Schwab and Fidelity. Schwab is far better. But here is the FAQ from Fidelity. Note the FTF.
What is a FidelityŽ VisaŽ Gold Check Card?
Are there any fees with the FidelityŽ VisaŽ Gold Check Card?
There is no annual fee on the FidelityŽ VisaŽ Gold Check Card. Other institutions may assess ATM fees for use of ATMs in their network. FidelityŽ Cash Management Account customers or Fidelity accounts coded Premium, Private Client Group, or held by customers with householded annual trading activity of 120 or more stock, bond, or options trades, will be reimbursed for ATM fees charged by other institutions.
Please review your Fidelity Check Card Agreement (PDF) for specific information on reimbursement caps or limits. For each foreign transaction, there is a foreign transaction fee (currently, 1 percent of the transaction for non-U.S. dollar transactions), which will be included in the amount charged to your account. This charge may apply whether or not there is a currency conversion.