Originally Posted by yojimbo
On a related topic, I recently returned from a trip to Europe, where I used my Chase Manhattan ATM card to obtain local currency in France and the UK. On my banking statement, there is the usual $3 Cirrus fee for each transaction.
There is also a new fee labeled "I'ntl 3.5% ATM W". This fee totals 3.5% of the amount of each transaction.
Can anyone shed some light on this?
A bit late on this, but there is a thread on this in the Visa/MC forum:
http://www.flyertalk.com/forum/showthread.php?t=455351
Chase's explanation that this is a Cirrus fee is pure BS as presumably every other MC-based debit card would also be charging this extra 3.5%. Citi for one is not...