Hey all, I'm going to travel overseas (United states and EU) in a months time and I'm thinking of the best way to get cash out without paying additional fees.
I have an ING that has 0% overseas fee, can I go to a store like Walmart, buy a bottle of water and ask for $100USD in cash?
If not, does anyone know which ATM network in the US/France that offers the lowest fee?
Cheers!
Is this because places like Walmart doesnt allow cash out or does it get blocked by ING?
EFTPOS only works in Australia
Yep this, don’t bank on international transaction systems working the same as Australia, especially when it comes to withdrawing funds
Your best bet would be to create a new account with a bank that provides no/low international transaction fees and withdrawals. Then just hope that you receive your card in time
Do a search on here for it as there are loads of threads on the topic. I have what was a formerly Citibank account that moved to NAB in the last week or two. NAB tried to I keep the same conditions as Citibank but I don’t think it’s as good because Citibank is a large global bank.
@Gunnar: Citibank is a large global bank? Lol no, they're only pretending to be the premium one among the riches in third world countries, just like emperor clothes. In countries where consumers are better educated they're garbage with dinosaur banking system and was never a favourite for a reason. They're not even well loved among the knowledgeable in its own country of origin.
It's possible cash back only works with US-issued debit cards - something worth verifying. I've only ever done ATM withdrawals.
HSBC Global Everyday Account. Check where you're going to see if there's a HSBC branch there to withdraw.
I have lived in the UK for almost 2 years and spent considerable amounts of time on the mainland. You don’t really need cash. In fact it will just become a nuisance as you’ll end up with €5-10 left over cash.
The US on the other hand, lived there for 8 months and you only really need cash if you are going to bars. $1-$5 tips per drink are still a thing there.
As for your question even for locals you can’t get cash out in supermarkets. It isn’t a thing.
Just get out $100 when you get to the US then go to a bar or somewhere, buy a drink and swap it for smaller notes. That will be plenty for tips and incidentals and you’ll get charged maybe $2 in ATM fees.
France I’d be shocked if you needed it at all.
UP or ING is fine, I think ING gives back the fees no? Or maybe that is UP.
No