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ATM conversion fees

Did you know that now some banks are adding on that 2-3% currency conversion charge on your ATM withdrawals? Atm Conversion feesJust like the credit cards...I suppose it was only a matter of time....

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Re: ATM conversion fees

good reminder, and here are links to some other threads on money mattersDynamic Currency Conversioncurrency exchange cheat sheet Thread on ATM Scam and Skimming

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Re: ATM conversion fees

C-Cat, I also do all my "banking" at a credit union. Never any conversion fees when using my debit card.

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Re: ATM conversion fees

I keep a credit union Visa card and a credit union bank account just for use overseas. No ATM surcharges and just the 1% Visa currency conversion fee on the credit card, not the extra 2% tacked on by...

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Re: ATM conversion fees

I use my CU debit card to get cash. But I use my Capital One credit card for purchases because there is no currency conversion fee.

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Re: ATM conversion fees

I posted something on BOR this morning about an apparent settlement to refund people some of these fees -- I'm surprised I haven't seen more about it. www.ccfsettlement.com/

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Re: ATM conversion fees

thanks for that link Dianeand here's more discussion in the TTG Best of the Rest threadp104.ezboard.com/feuropetogofrm11.showMessage?topicID=1090.topic

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Re: ATM conversion fees

I got that notice too diane. But it covers a 10 year period, so at least 20 trips to Europe. There is no way I could figure out what to claim...maybe that's what they are counting on!

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Re: ATM conversion fees

I hope this is different, but as a minute member of some previous class-action law suits (an airline once, and I think a brokerage firm) what the customers often end up with are vouchers or credits of...

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Re: ATM conversion fees

Yeah, we got a check from a settlement for a "Vacation Club" we once belonged to -- it was like $30 though, which was at least a nice bottle of wine :-)

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Re: ATM conversion fees

I keep getting offers for credit cards (I'm apparantly the pre-approved wonder of the debtor's world) but none of them ever say anything about foreign transactions. I got the latest one the same day I...

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