Originally Posted by themicah
It's possible then that the ATM simply gave you a bad rate. I've seen variations in the rate between ATMs in the past on the same day with the same ATM card.
As far as I know, NYCE doesn't exist outside the USA. Cirrus I believe is owned by (or somehow affiliated with) Mastercard, so they may actually charge the 1%. I know my Umbrellabank.com Visa/Cirrus ATM card charges me the 1%, while my Commerce Bank (of NY/NJ) Visa/Plus ATM card does not charge me the 1%. Neither charges any other fee, and Umbrella will rebate any actual ATM-owner fees.
What bank do you use, btw?
Independence,which use to be very good. They have branches where I need them , Commerce is not as good in my neck of NYC but are starting to spout little by little.