4 ms·

Poorly :/ I'm fairly nomadic, and it's a struggle to even keep a debit card that works globally, let alone optimize banking fees and exchange margins. My bills

Poorly :/ I'm fairly nomadic, and it's a struggle to even keep a debit card that works globally, let alone optimize banking fees and exchange margins. My bills are in 3 different currencies. My backpack is cluttered with change, in currencies that I am unlikely to use anytime soon, but in quantities that make exchanging them pointless. I really can't wait for digital currencies to penetrate further into mainstream. Thanks for asking, hopefully I'll spot some good tips here.

egwor 10y ago
Have you seen Revolut? It allows you to spend money/convert between currencies very easily and the charges are minimal
- happyslobro 10y ago
  Wow, that looks perfect. Let's see if it can unblock my Dubai -> Tokyo migration.
- happyslobro 10y ago
  Not available in the Middle East yet, bummer. Financial tech is basically in the dark ages here.
spacehome 10y ago
I don't know if it will work for you, but I'm in a similar situation, and Charles Schwab Bank's ATM card has worked in every country I've been to so far. Edit: Except Argentina, as I was there when the official dollar-peso exchange rate was held artificially (and laughably) low. But now the law has changed, so your millage may vary.
- znebby 10y ago
  +1 for Charles Schwab. Excellent account. Not only do you not pay any foreign currency fees or foreign ATM fees, but every month they refund you any fees than out of network ATMs impose on you (within US and internationally).
Havoc 10y ago
>My backpack is cluttered with change, in currencies that I am unlikely to use anytime soon, but in quantities that make exchanging them pointless. Most airports have those multi-currency donation bins.
- yodsanklai 10y ago
  But you never find them when you actually need them :)
  - Havoc 10y ago
    nah they're pretty common on all major airports. In some cases the airlines will take the cash during the flight too so you don't lose a second of time.
kowdermeister 10y ago
Have you tried Payoneer?
mightybyte 10y ago
Check out CapitalOne. They have a nice credit card that pays 1.5% cash back with no foreign transaction fees. I describe in another comment how I use their 360 Checking and Savings. The debit card from the 360 checking account has been a fantastic no-fee way to get cash when I'm traveling. Full disclosure, I do not own stock in CaptialOne or are affiliated with them in any way. I am just really happy with their banking services.

egwor 10y ago

Have you seen Revolut? It allows you to spend money/convert between currencies very easily and the charges are minimal

happyslobro 10y ago
Wow, that looks perfect. Let's see if it can unblock my Dubai -> Tokyo migration.
happyslobro 10y ago
Not available in the Middle East yet, bummer. Financial tech is basically in the dark ages here.

spacehome 10y ago

I don't know if it will work for you, but I'm in a similar situation, and Charles Schwab Bank's ATM card has worked in every country I've been to so far. Edit: Except Argentina, as I was there when the official dollar-peso exchange rate was held artificially (and laughably) low. But now the law has changed, so your millage may vary.

znebby 10y ago
+1 for Charles Schwab. Excellent account. Not only do you not pay any foreign currency fees or foreign ATM fees, but every month they refund you any fees than out of network ATMs impose on you (within US and internationally).

Havoc 10y ago

>My backpack is cluttered with change, in currencies that I am unlikely to use anytime soon, but in quantities that make exchanging them pointless. Most airports have those multi-currency donation bins.

yodsanklai 10y ago
But you never find them when you actually need them :)
- Havoc 10y ago
  nah they're pretty common on all major airports. In some cases the airlines will take the cash during the flight too so you don't lose a second of time.

kowdermeister 10y ago

Have you tried Payoneer?

mightybyte 10y ago

Check out CapitalOne. They have a nice credit card that pays 1.5% cash back with no foreign transaction fees. I describe in another comment how I use their 360 Checking and Savings. The debit card from the 360 checking account has been a fantastic no-fee way to get cash when I'm traveling. Full disclosure, I do not own stock in CaptialOne or are affiliated with them in any way. I am just really happy with their banking services.