I calculated that I spent almost $120 on ATM fees and exchange fees/rate arbitrage only withdrawing from ATMs on my recent trip. Do you have any tips on how I can potentially reduce the overhead I have to pay?I withdrew a total of $2,000
You get a bank that refunds your atm fees globally. My schwab card and my usaa card both refund international atm fees up to like $20 a month each, and they also have good internal exchange rates.If you are a realtraveller then you can use a remittance service to send money to yourself, but I dont like to carry a lot of cash personally.
1. Don't use cash unless necessary2. Exchange the cash in US before you go directly with your bank, no ATM needed
Do very few large withdrawals instead of many small withdrawals. Using the cards that I have now, I could easily withdraw $2000 and only lose about $10 in fees.
Get a Charles Schwab account. They refund all atm fees no matter how much it is. They also will express ship you a new card if you lose yours. Easily the best bank.
>>2877828Lost my sides at that pic
>>2878002How do you know how much cash you will be spending in a country? I don't like to withdraw more than I intend to spend.>>2877828You sound like a Chase Bank user, kek