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>I use my regular ATM card to get cash. There's still a (relatively high) fee Are you in the US? If so there's no reason to pay any fees. Get a Fidelity Cash
by nommm-nommm 10y ago
>I use my regular ATM card to get cash. There's still a (relatively high) fee
Are you in the US? If so there's no reason to pay any fees.
Get a Fidelity Cash Management Account and/or a Charles Schwab Investor Checking Account. Both are free without any minimum balance requirements. Neither charge a currency conversion fee and both reimburse all ATM fees.
Personally, I use Fidelity. I couldn't be happier with their products (I also have an IRA and credit card with them) and service. I'm not affiliated, just a happy customer.
- ghaff 10y agoThanks. I already use Fidelity. Though, to be honest, I doubt I spend $30 in ATM foreign exchange fees a year. I should look into though.
- nommm-nommm 10y agoThey refund all ATM fees that the the ATM charges as well, which is really nice when you are stuck somewhere without cash, the place is cash only, and the only ATM is some no-name, no-brand ATM in the back that charges and arm and a leg. I should mention that Fidelity does have a foreign transaction fee on DEBIT purchases, I don't know if Schwab does or not. But I don't use my debit card for debit purchases, just at ATMs, so that doesn't apply to me.
- basch 10y agohappy Charles Schwab High Yield Investor Checking and Chase Amazon Rewards Visa Signature customer chiming in, would recommend both to anyone. Schwab: all my ATM fees paid, 200 commission free ETFs, and target date mutual funds with an expense ratio of .13% if you dont want to balance a portfolio once a year. https://www.csimfunds.com/secure/file/P-9430864 https://www.csimfunds.com/secure/file/P-9430864 Chase: 3-5% cash back on Amazon, 1-2% elsewhere, can take it as a statement credit.