My daughter is studying at university in Texas. She has a St George overseas currency wallet and has been transferring funds into it whilst the dollar is decent. In the past there has been no or minimal fee.
She messaged me this morning saying that it was transferring at 70c. Sure enough, I checked. Dollar is at 72.95 and it's transferring for me at 69.95. So they are now charging 3% for transfers.
Is there a better option without having to pay the fees? I have a coles mastercard that doesn't charge fees but she's worried about the dollar tanking and wants to put extra funds there now.