Originally Posted by GoingAway
since this is for comparison, i'm assuming both examples were international trips ... if so how were you charged only one dollar, there is still a conversion going on - was rate did they use and was there any additional charge included?
My most recent ATM experiences abroad have been in Thailand and Hong Kong.
The credit union plain old non-VISA ATM card's dollar-to-baht rate was quite comparable to cash rates posted at the money exchange booths. Therefore, as far as I'm concerned, the only real expense appeared to be the $1 ATM fee.
The credit union VISA check card's dollar-to-baht rate also appeared to be comparable to the exhange booth rates. However, in addition to the $1 ATM fee VISA also assessed
an additional foreign currency exchange fee which was 2% of each transaction amount.