I know there have been some similar discussions before, but things have changed since. So I am looking at everyday transaction accounts that require little to no fees. I use the account to make purchases online sometimes in foreign currency. I typically travel overseas once or twice a year and would like the account to be overseas friendly( atm fees, exchange fees, etc.).
I have been comparing ING, Citibank and HSBC. ING was sitting at the bottom of my list as they charge a 2.5% transaction fee for overseas (assuming I spend 4k overseas a year that would charge $100 in transaction fees) and I am looking at spending a few months overseas so the whole 5 transactions per month condition could become annoying. HSBC and Citibank both charge no transaction fees overseas. When comparing the exchange rates between Citi and HSBC I found that the difference was typically between 0-1% or ($0-$40 difference on $4000 of overseas purchases). Apart from this, most other fees seem to be similar or identical. Some wording is a little confusing though and was hoping someone could shed some light and give opinions on the best option.