ATM networks in Singapore
I am wondering which of my debit cards to bring for a trip to Singapore. Would you know which ATM networks, say Cirrus or Star, are popular there? |
Originally Posted by vanillabean
(Post 30061510)
I am wondering which of my debit cards to bring for a trip to Singapore. Would you know which ATM networks, say Cirrus or Star, are popular there? Singapore is a global banking and financial centre ... there are ATMs sprinkled liberally around the place. Having been there many times, I've never had an issue finding and/or using an ATM. And you won't either. If you tried a Google search "Singapore ATM machines" or similar, you'd get myriad sources of information ... one of them. |
STAR has zero associated ATM in Singapore, and most (all?) countries outside of USA.
Cirrus is everywhere in Singapore. Please refer to MasterCard ATM locator website. |
Originally Posted by UAPremExecflyer
(Post 30061610)
You are over-thinking this.
|
No transaction fee for Singapore ATMs. Your bank of course may charge you a fee.
Any Cirrus/Plus/UnionPay card will work |
Originally Posted by vanillabean
(Post 30102548)
Probably. I just didn't want to toss a $5 fee out the window on top of the transaction fee if I didn't have to.
If you don't have enough time to open an account or it doesn't interest you, figure out which of your cards has the smallest foreign transaction fee and go with that. Maybe pick the lowest two cards to be safe. Finding an ATM in SIngapore is not difficult. In my experience, every major hotel has one and you can usually find ATMs in any mall or shopping area. |
I have a TD Bank checking account that also does not charge fees for non-TD ATMs and they rebate fees charged by the ATM owner as well. I pretty much just have this account for travel
|
One advice/recommendation - some ATMs might display an offer to use currency conversion rate offered by that ATM or post charges directly using card's currency. DO NOT accept such offers - it is basically DCC and will end for you being charged 3-7% on top of the interbank exchange rate.
Three main local banks in Singapore are DBS, UOB and OCBC. You can find their ATMs pretty much anywhere. Any shopping center will have at least one ATM from each of these banks, usually stacked together. |
Originally Posted by invisible
(Post 30118158)
One advice/recommendation - some ATMs might display an offer to use currency conversion rate offered by that ATM or post charges directly using card's currency. DO NOT accept such offers - it is basically DCC and will end for you being charged 3-7% on top of the interbank exchange rate.
Three main local banks in Singapore are DBS, UOB and OCBC. You can find their ATMs pretty much anywhere. Any shopping center will have at least one ATM from each of these banks, usually stacked together. |
Originally Posted by quarryking
(Post 30349593)
Didn't quite undertsand ? So your suggesting use the local currency (SGD) option or choose your home currency ?
|
Does one really need cash in Singapore?
|
Originally Posted by Marschel
(Post 30351850)
Does one really need cash in Singapore?
|
Originally Posted by UAPremExecflyer
(Post 30350476)
The ATM may - before dispensing cash - offer you the choice of being charged in the local currency (SGD) or your home currency ... the difference being the exchange rate used ... if local currency you should get a better rate (interbank) versus home currency when the local bank shows you much will be deducted from your checking/current account. The better rate option is always choose "local currency".
|
Originally Posted by tentseller
(Post 30352596)
It all depends; for me, none of the places where I eat the uncle or auntie accept anything else.
|
Originally Posted by invisible
(Post 30360705)
Let's hope that universal QR code will change this...
Just the idea of handling food and then money is not a good combination. |
All times are GMT -6. The time now is 7:49 am. |
This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.