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Oh wow I will sign up for one! I have been a Coinbase user since they started operating, and am currently in the middle of a year-long trip around the world so
by mrb 11y ago
Oh wow I will sign up for one! I have been a Coinbase user since they started operating, and am currently in the middle of a year-long trip around the world so I have been looking for ways to minimize my international ATM withdrawal fees. My US bank (Wells Fargo) charge me a flat $5.00 fee per transaction, and my french bank (Crédit Agricole) charge me about $8.50 for the equivalent of a ~$220 withdrawal. I see that Shift has a flat fee of $3.50, so yay for beating old legacy banks! Though I am kind of sad to see that the Shift debit card has no chip. Cards with only a magnetic track are becoming increasingly difficult to use in countries other than the US.
Also, it's worth noting that both Shift and Coinbase are YC companies.
- newman314 11y agoFWIW, there are credit cards with no foreign transaction fees.
- adrianmacneil 11y agoThis might be too late since you have already left, but check out Schwab bank - they offer free international ATM withdrawals, and will also refund any fees added by the ATM operator. I think it's mostly a loss leader for their brokerage business, but awesome for travelers.