Who told you that?You can use WAMU card in the DR at no charge in any ATM
How much is the forwign transaction fee, if you don't mind me asking? I am debating whether I would be better off to switch my job direct deposit to WAMU or not.what you say is true Shalena,i get charged a foreign transaction fee by WAMU,no ATM fee tho..
You're responsible for foreign transaction fee, which is 1.5%.Who told you that?
Upon reading this, I called Washington Mutual/Chase and they are saying that that is not true. That you would still be subject to a foreign transaction fee.
Don't shoot the messenger, I am just telling you what they told me.
NOT TRUE, 100% Free at a great exchange rateYou're responsible for foreign transaction fee, which is 1.5%.
Lot less than in other banks where it reaches 4%.
No ATM fee is what I am referring to.
If you look back previous posts I wrote on this subject you will see I have never hidden the fact. And why would I, if the "foreign transaction fee" is a normal practice of ONE AND EVERY bank in the world?
Even with Bank of America, when you withdraw at Scotiabank, you get the foreign transaction fee. Some banks "adjust" the exchange rate by the foreign transaction fee so it may not be obvious, and some charge it apart.
If I use my Banco Leon debit card abroad (e.g. on Paypal), the exchange rate I get is now about 36.5 to 1, as compared to the real exchange rate 35 to 1.
Some banks do it straightforward, some banks do it the hidden way.
Anyhow, back to topic. Even with 1.5% FTF on WAMU, I get an exchange rate very close to what Caribe Express has.
I am going to read that link on my break and see if it's worth the switch. I'm losing alot of money per month on fees.I have a Bank Of America Myacess Free Checking and i do ATM at ScotiaBank ATMs. All Free , NO CHARGES WHAT SO EVERY, NO ATM FEE NO INTERNATIONAL ATM.
They are part of Global ATM Alliance . read this
Global ATM Alliance - Wikipedia, the free encyclopedia
I have been doing this for months no fees ever.
At the Scotia banls in SD we have only gotten a rate of 32-32.6 for some time. When the Bof A card is used at BHD or Popular it is 35+. No fees at Scotia. For 1st 2 transactions a month BofA does not charge a fee after that its $10.00 in fees (5 for each bank) and the international charge. Are people getting better rates with Scotia in other areas of the country? That's not right.Dude:
You get a great tasa in the DR using your B of A card at Scotia Bank ATH's with no fees, is this difficult to understand?
READ the thread.
I get 35+ out of the ATH net, when Caribe Express was 35!