As far as I know ING is the only bank that has a debit card with no international fee. It's a great bank but it's a mastercard and that sometimes doesn't work in banks (especially in developing countries). Does anyone know if there is an US bank with a fee free visa debit card?

I thought since citibank has a branch where I'm going they'd wave the fee but it turns out that even if you use their ATM they still charge 3%. Which made me so mad that I closed my account. But that's another story.

Charles Schwab debit

Do you charge for using ATM (Automated Teller Machine) services?
Schwab Bank does not charge customers to use their Visa Check Card to get cash from an ATM. However, certain financial institutions and ATM operators independently may charge you a fee for the use of their ATMs. We have no control over these charges. However, when you get cash from an ATM that adds on a surcharge we'll rebate the amount of that fee to your Account (maximum monthly rebates apply and vary by account type).

awesome! Thanks!

Hm. actually that says no ATM fees but doesn't say anything about levying a overseas fee of 3% for converting funds. Does that get waived as well?

Amex serve card! Amex will allow you to withdraw once per month cash up to $400. The local ATM owner fee is not waived though.

http://www.travelbypoints.com/2012/08/21/charles-schwab-atm-card-your-secret-weapon-to-not-having-to-carry-foreign-currency-for-international-travel/

No ATM fees, no foreign transaction fees, and spot rates, which is a major advantage. I've actually occasionally gotten FX rates slightly better than what they should be in HK, where the exchange rate is pegged to a very narrow range (around HKD 7.75 to USD 1). Tell me another card that can do that Best debit card for overseas use ever!

Did that change? My ING has always charged me the 1% master card charge for forex.

I use my Schwab debit card to avoid that.

HSBC

Everbank

Are we talking about the same bank, ING Direct?

If so, ING Direct always tags on foreign transaction fees for debit cards usage. You should be that listed separately in the bank monthly statements.

I don't think it's 1% though. I believe it has been 2%, if not 3%, for me since 2011, so I don't use it as much.

Wow Thanks!

Are you looking to use a Debit Card to simply withdrawal cash from an ATM at an international location, or to actually use at merchants for transactions?

I would argue to not use a debit card at merchants for transactions for multiple reasons:

• You should not carry your debit card around with you at all times, only when you need to withdrawal cash at an ATM.
• In some countries, your card # or physical card can get stolen and erroneous charges placed on it. This has happened to my credit card multiple times and I have never been held liable for the charges. The same might not be true with your debit card - the protection you have just isn't there when it's your actual funds in the account. Just keep a secondary credit card in your hotel room and you're good to go if you need to ditch the main one.
• There are many credit cards, some with no annual fee, that have no Forex fees at all and also give you points for all purchases made! I have a few Capital One cards, including the no Annual-fee VentureOne Rewards. I also have some Chase cards that carry an annual fee, but give me benefits at the Marriott and ICG hotel chains. There's no reason to not use a Visa (accepted much more than MasterCard) Credit Card that has no Forex fees and gives points to boot when travelling overseas.
• As a side note, when you get your credit card with no Forex fees, always always always make sure the merchant charges you in the local currency and not the USD "equivalent". The latter is a scam that nets them some cash with a crappier exchange rate for you. This happened to me once, even though I checked the box for Indian Rupees and not USD, and it came out to a $50 USD difference on a 2-week hotel bill.

Also, there are many banks that offer a Debit/ATM card that carries no fees at all when used at international (or domestic) ATMs. I have a PNC Bank Performance Select account, which requires me to hold an average monthly balance of $5K USD, but I do not pay fees for anything at any ATM domestically or internationally. It does carry a 3% forex fee when used at merchants, but as I state above, I don't use it at merchants.

It took me many years of traveling to sort out all the above, and I cringe to think of all the Forex fees I paid before I sorted out my credit cards to use internationally.

I have a card linked to a online Capital One checking account. The account pays interest and there is no forex fee (not from them, not from MC). They will also rebate ATM fees that are listed separately, up to a monthly limit. As far as I can tell, I get the same exchange rate as I do on the credit cards. Anyway, this is what I use to get cash in other countries.

I actually just called them on the phone and they confirmed still no fees. I have traveled with them in the past and never had fees charged

Just called capital one and they say there is an international fee with ATM withdraws from checking account