Originally Posted by cruisr

They are great for traveling or I should say will still be good until October. I have always liked these as the first ATM withdrawal a month is free. I have two cards and I travel a lot. I transfer money from my checking account onto my card. I then use it at the ATM at my destination. The last trip I was on I put 600. on the card. I made 3 withdrawals. As the first was in June and the second in July they were both free. I was going thru cash quicker then I usually do so I needed one more ATM withdrawal, That cost me $2.00. I ended up taking out a total of 599.87 at a cost of 2.00. The ATMs I used in England and in Austria were all no fee for withdrawals. Also the currency conversion is at the official bank rate.

For me it been the cheapest way to get foreign currency without tons of fees, commissions and unfavorable rates.