Looking for updated ATM advice in Argentina
Oct 13, 2017, 8:02 am
#76
Join Date: May 2012
Location: Buenos Aires, Arg
Programs: AA, DL
Posts: 25
Someone once posted that ALL ATMs in Argentina chargé a fee for cash withdrawal. I know Schwab will reimburse this fee but.. I don't have a Schwab card.
So can anyone confirm that virtually all ATMs chargé a fee?
And how is the fee calculated: by percantage or one flat per transaction?
So can anyone confirm that virtually all ATMs chargé a fee?
And how is the fee calculated: by percantage or one flat per transaction?
Oct 13, 2017, 9:03 am
#77
Join Date: Apr 2009
Location: LAX
Programs: UA Plat MM, CM Plat, Amex Plat, Hertz CP, Hyatt Globalist, SPG Gold, Vons Club
Posts: 6,852
Yes, the $6 USD Fee seems to be somewhat static and is adjusted by the ARS/USD exchange rate. In any effect it normally $6.00 My bank refunds all fees so I don't watch it that closely other than if the fee was reversed..
Feb 13, 2018, 11:21 pm
#79
Join Date: Jan 2013
Location: Hawai'i Nei
Programs: Au: UA, Marriott, Hilton; GE
Posts: 7,142
Recent ATM Experience
Just back from my trip to Argentina, and used my Fidelity debit card at three ATMS. Here are the fees charged and reimbursed (in USD):
EZE ATM: $63.05 withdrawal, $10.16 reimbursed (fee of 16.06%)
BA (Park Hyatt ATM): $117.44 withdrawal, $9.98 reimbursed (fee of 8.5% )
It appears that there was a 200 ARS charge for each of the withdrawals.
EZE ATM: $63.05 withdrawal, $10.16 reimbursed (fee of 16.06%)
BA (Park Hyatt ATM): $117.44 withdrawal, $9.98 reimbursed (fee of 8.5% )
It appears that there was a 200 ARS charge for each of the withdrawals.
Feb 14, 2018, 9:12 am
#80
Join Date: Mar 2005
Location: Paris, France
Programs: Flying Blue Gold
Posts: 760
Not 100% related to ATMs, but I'm posting this because it caught me completely off-guard and I am local.
There are new ARS coins in circulation. The new 1 peso coin is in copper color (like the US penny) and features a jacaranda tree. It will coexist with the old one. The new 5 pesos coin is in silver color and features an arrayán (Chilean myrtle). It will coexist with the 5 peso note.
Throughout 2018 the new 2 and 10 pesos coins will enter circulation, also coexisting with the 2 and 10 pesos notes. Those will feature a palo borracho (silk floss tree) and a caldén (no translation, the quintessential Pampa tree), respectively.
There are new ARS coins in circulation. The new 1 peso coin is in copper color (like the US penny) and features a jacaranda tree. It will coexist with the old one. The new 5 pesos coin is in silver color and features an arrayán (Chilean myrtle). It will coexist with the 5 peso note.
Throughout 2018 the new 2 and 10 pesos coins will enter circulation, also coexisting with the 2 and 10 pesos notes. Those will feature a palo borracho (silk floss tree) and a caldén (no translation, the quintessential Pampa tree), respectively.
Mar 14, 2018, 4:03 pm
#82
Join Date: Apr 2015
Location: YVR
Programs: UA Premier Platinum
Posts: 3,759
Just back from Argentina last month, found ATM fees varied from around 120 ARS at Banco Nacional (consistent throughout the country) to as much as 220 ARS at Banco Tierra del Fuego (in Ushuaia). Limit of 3000 ARS for the national bank and 2500 for all others. As always, find a good exchange counter and use it!
Apr 1, 2018, 11:06 am
#83
In memoriam, FlyerTalk Evangelist
Join Date: May 2005
Location: PIT
Programs: DM life is over 2MM PM now & NW MillionAir Wyndham Rewards Plat -Hotels.com Silver -Accor Silver
Posts: 15,408
Just back from Argentina last month, found ATM fees varied from around 120 ARS at Banco Nacional (consistent throughout the country) to as much as 220 ARS at Banco Tierra del Fuego (in Ushuaia). Limit of 3000 ARS for the national bank and 2500 for all others. As always, find a good exchange counter and use it!
I, too, found Banco Nacional to be the best, although, I only really tried about 4. The fee was either 120 ARS or 123. I started my withdrawal attempts at 4000, and worked my way down til it worked. The most I could get at the airport was 3000, but, I managed to get 3700 about 3 times at other machines in the city!
Good luck, and ENJOY!
May 11, 2018, 11:10 am
#84
FlyerTalk Evangelist
Join Date: Nov 2000
Location: Atlanta, GA, USA
Programs: Frontier Gold, DL estranged 1MMer, Spirit VIP, CO/NW/UA/AA once gold/plat/comped gold now dust.
Posts: 38,151
FWIW, am in BA now and can report that HSBC at EZE airport is up to 231 pesos now (about $10.18), which is outrageous but you are not spoilt for choice there. ARS 3500 was max I could get. Will try Banco Nacional intown.
May 11, 2018, 12:07 pm
#85
Join Date: Jan 2013
Location: Hawai'i Nei
Programs: Au: UA, Marriott, Hilton; GE
Posts: 7,142
Based on recent reports, it looks like they are trying to keep the fee to about $10 US.
May 14, 2018, 1:51 pm
#86
Join Date: Apr 2015
Location: YVR
Programs: UA Premier Platinum
Posts: 3,759
May 16, 2018, 1:29 pm
#87
Join Date: Feb 2002
Location: SFO, EZE
Programs: UA 1K 2.32 MM
Posts: 2,425
The amount of the ATM fee depends on which network, either LINK or Banelco, that a bank ATMs are on.
Banelco ATMs charge ~U$D10 per transaction, whereas LINK ATMs charge ~U$D6 per transaction.
Using a US Schwab card, (my daily limit is set at U$D1000) I've been able to do two successive $3600 (pesos) transactions on each network per day ($14,400 total). The limitation of how much you can withdraw is determined by the Argentine network.
In Capital Federal, the two majors banks using the LINK network are Banco Nacion, and Banco Ciudad.
Banelco ATMs charge ~U$D10 per transaction, whereas LINK ATMs charge ~U$D6 per transaction.
Using a US Schwab card, (my daily limit is set at U$D1000) I've been able to do two successive $3600 (pesos) transactions on each network per day ($14,400 total). The limitation of how much you can withdraw is determined by the Argentine network.
In Capital Federal, the two majors banks using the LINK network are Banco Nacion, and Banco Ciudad.
May 23, 2018, 11:48 pm
#88
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Join Date: Nov 2000
Location: Atlanta, GA, USA
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Got out to Banco de La Nacion and it was ARS 142 at first and ARS 151 a couple of days later. As of about a week ago.
May 23, 2018, 11:56 pm
#89
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I tried not to have many pesos on exiting but was able to unload a few in Chile, where they were changing at 20 CLP at the airport and 23 intown in Santiago.
And of course I used the credit card whenever I could, though at budget level it's often not an option.
May 24, 2018, 11:14 am
#90
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Join Date: Jul 1999
Location: Over the Bay Bridge, CA
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Posts: 38,636
This, alone, is a sign that while things may be "not great," they aren't in crisis mode. Once upon a time, while trying to unload AR$ in Chile, the response was a laugh ... yes, at a nice hotel that would take most any currency and sell you CL$ at an unfavo(u)rable rate. Even the LAN Duty Free magazine back then, which said it accepted AR$, had a different in-flight reality, where they were refused.