TDVisa fees going up
Nov 28, 2002, 9:48 pm
#1
Original Poster
Join Date: Dec 2000
Location: YYZ
Programs: Presto
Posts: 638
TDVisa fees going up
I know it's somewhat off topic but I thought that this was a relevant 'cash grab' for those Canucks who are US bound to note.
Effective Feb 1/03 TDVisa Green foreign currency conversion rates rise to 2%, cash advance fees go to $2.00 and ABM charges go to $3.00. With the usual $1.50USD local ABM fee charged at most US ABMs a $100 cash advance from your TDVisa would run at a 9.25% 'commission' + interest(18.5%) from the transaction date.
It may still be a 'no-fee' card, but only if you leave it in your wallet!
Effective Feb 1/03 TDVisa Green foreign currency conversion rates rise to 2%, cash advance fees go to $2.00 and ABM charges go to $3.00. With the usual $1.50USD local ABM fee charged at most US ABMs a $100 cash advance from your TDVisa would run at a 9.25% 'commission' + interest(18.5%) from the transaction date.
It may still be a 'no-fee' card, but only if you leave it in your wallet!
Nov 29, 2002, 9:32 am
#2
FlyerTalk Evangelist
Join Date: Aug 2000
Location: Edmonton, AB, Canada
Programs: AC 75K, Hertz Presidents Circle, Accor Gold, Hilton Gold, Marriott Gold
Posts: 10,071
This is what you get when all the banks merge and there are only a few players left. It looks like taking a cash advance in the USA now costs $5!! I've already told them their GM card has gone from quite decent to a complete joke with the reduction in earnings and now the increased fees.