Originally Posted by Mountain Trader
I'd be glad to be wrong on this one-if you have something from Bank One saying otherewise, perhaps you could quote the relevant langauge since the notice from Bank One on this wasn't very clear.
Unfortunately, I threw out the notice after reading it, and they won't let you access the cardmember agreement online - only via physical mail. I remember reading the notice carefully, since I got it after the first thread on this subject. Posts 4 and 5 of
http://web2.flyertalk.com/forum/showthread.php?t=377450 came to the same conclusion.
Originally Posted by Mountain Trader
Even if your bank doesn't charge you a fee for using overseas ATMs, foreign banks and other ATM owners charge a fee for using an ATM which gets buried in the converted dollars charged to an ATM card used overseas.
I've never seen an overseas ATM that charged a fee. There's nothing listed on the machines or the receipts, and my bank has confirmed the transactions were for "round" numbers of foreign currency units. For my most recent trip (Israel, Spain, UK), I've also confirmed that the exchange rates on my ATM transactions correspond pretty much exactly to my credit card transactions (after deducting the 1% Visa fee). So even if they do charge a fee, it's better than you can get through any other channel (the exchange booths are definitely the worst way to go).