Originally Posted by
Happy
In case you are not aware, Fido brokerage has toll-free numbers 24/7 in MANY countries in the world. All you need to do is to call the brokerage side and they would patch you to the bank side which of course is not the same as Schwab because Fido does not own a bank but the patch call still worked.
You can also send secured emails on Fido site. You can even use chat on Fido site. There are multiple tools to handle most situations.
Both Fido and Schwab work well. There is no need to worry about the high daily purchase limit on your debit card because debit card does NOT have a credit line - your limit is governed by your account balance which is 100% controlled by yourself. A lot of waste of brain cells on the $10K daily limit when you would never put $10K in your Cash Management account. Now if your Fido ATM card is from the brokerage account versus the Cash Management account, then you have chosen the Wrong Product!
So I should expect FIDO's overseas numbers to patch me through to the right person faster than their US 800 numbers do? I think I'll pass on that one.
And having, say, $1,000 in the cash management account means I am only exposed for $1,000 in purchases. Glad we agree, and that's why I asked FIDO to eliminate purchases. Which they couldn't do.
Counting on pickpockets and other theives to be too stupid or lazy to use cards is a strategy I had not considered. Glad it worked for you.