Find me a new bank checking ATM/debit card
Jul 7, 2014, 10:11 pm
#1
Suspended
Original Poster
Join Date: Jan 2013
Programs: AA, HH, UA, Marriott, SW, Club Carlson, IHG
Posts: 202
Find me a new bank checking ATM/debit card
OK, This is not really about credit cards, but banking in general.
I just got back from an international trip. I used my checking account's ATM card to get cash abroad.
Not only did they charge me a $2.50 ATM fee and a 2.8% foreign transaction fee, (which I expected) but they also gave me a really crappy exchange rate (rate at the time was about $1 US = 1.05 AUD, I got $1 US = .98 AUD).
So, can anyone suggest a national bank with a better ATM/debit card at foreign ATMs (basic checking with no monthly acct fees, or at least wavied with direct deposit or low min balance required).
I just got back from an international trip. I used my checking account's ATM card to get cash abroad.
Not only did they charge me a $2.50 ATM fee and a 2.8% foreign transaction fee, (which I expected) but they also gave me a really crappy exchange rate (rate at the time was about $1 US = 1.05 AUD, I got $1 US = .98 AUD).
So, can anyone suggest a national bank with a better ATM/debit card at foreign ATMs (basic checking with no monthly acct fees, or at least wavied with direct deposit or low min balance required).
Jul 7, 2014, 10:36 pm
#3
Join Date: Mar 2014
Posts: 55
Jul 7, 2014, 11:06 pm
#4
Join Date: Jun 2009
Location: SFO
Programs: HH Gold, CC Gold
Posts: 292
Or Schwab. I've had it for over five years - used it in the UK and Australia (and here in the US) with no problem at all. I don't use it as my primary account but there's no nagging to use them except for one call about if I want to use the brokerage. Otherwise no fees.
There was a similar topic a while ago with a couple others possibles - here it is: http://www.flyertalk.com/forum/credi...-checking.html
http://www.schwab.com/public/schwab/...ecking_account
There was a similar topic a while ago with a couple others possibles - here it is: http://www.flyertalk.com/forum/credi...-checking.html
http://www.schwab.com/public/schwab/...ecking_account
What are the fees and minimums?
Monthly service fees: $0
Account minimum: $0
What do I get with this account?
Unlimited fee rebates from any ATM worldwide1
A 0.10% APY variable interest rate on any balance2
Free bill pay on Schwab.com and Schwab Mobile
Apply for Schwab Mobile Deposit™ to deposit checks from anywhere
Free standard checks and a Visa® Platinum debit card once the account has been funded.
FDIC insurance up to $250,000
A linked Schwab One® brokerage account with no fees or minimums
Monthly service fees: $0
Account minimum: $0
What do I get with this account?
Unlimited fee rebates from any ATM worldwide1
A 0.10% APY variable interest rate on any balance2
Free bill pay on Schwab.com and Schwab Mobile
Apply for Schwab Mobile Deposit™ to deposit checks from anywhere
Free standard checks and a Visa® Platinum debit card once the account has been funded.
FDIC insurance up to $250,000
A linked Schwab One® brokerage account with no fees or minimums
Jul 8, 2014, 11:53 am
#7
Join Date: Sep 2000
Location: OH
Programs: AA Lifetime Plat, Marriot Lifetime Gold
Posts: 9,539
Jul 8, 2014, 1:41 pm
#9
Join Date: Jul 2006
Location: LAX
Programs: AA EXP 1.5MM, Asiana Club Silver, KE Morning Calm, Hyatt Platinum, Amtrak Select
Posts: 7,161
BofA when going to a country with global ATM alliance (use it at Scotiabank in Canada, Wespac in Australia, Deutsche Bank in Germany, BNP Paribas in France, Barclays in UK)
Schwab for others
Schwab for others
Jul 8, 2014, 2:07 pm
#10
Join Date: May 2010
Location: Maui, HI
Posts: 170
Thanks for starting this thread, OP. I've been thinking about this for awhile and now will do more research. The Schwab account looks good for all the reasons listed. One other feature I'd like - do any of these on line accounts let you deposit money orders through their mobile app?
Jul 8, 2014, 2:16 pm
#11
Join Date: Jul 2006
Location: LAX
Programs: AA EXP 1.5MM, Asiana Club Silver, KE Morning Calm, Hyatt Platinum, Amtrak Select
Posts: 7,161
Thanks for starting this thread, OP. I've been thinking about this for awhile and now will do more research. The Schwab account looks good for all the reasons listed. One other feature I'd like - do any of these on line accounts let you deposit money orders through their mobile app?
You can also link your Schwab account with your main bank and do an ACH transfer fund there (no fee if "pulled" from Schwab, might be a fee if you "push" it from your bank).