So I'm going to NYC for training and just wondering how the ATMs and in-store debit systems work in the US.
Are you charged for using an ATM that is not owned by your home bank? If so, how much? I know the atms in nightclubs always rip you off but what about the major banks ATMs?
Are you charged for using a debit card to make a purchase in a shop? If so how much?
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1) two fees can be levied i believe - one from your home bank and one from the atm itself - your bank can charge you for not using a Chase/BofA whatever is compatible ATM, but then the Chase/BofA atm can also charge you for not being one of their customers. the first depends on your bank/your banking relationship (ie at chase i think if you're a premiere member, you don't have to pay ATM fees for using non Chase ATMs.
2) i don't know the answer to this one for sure, but i'm pretty sure the answer is no. stores definitely don't charge you to use a debit card - they incur the fee from the card company i think (some places will have a minimum as to how much you must spend before they accept a card though). as to whether you bank charges you each time you use your debit card - that seems unlikely, but like i said i don't know.
1) The bank you are using at the time will charge you anywhere from $1.50 - $3.00. Yes, Bank of America and I think Chase charge $3.00. Your home bank (depending) can then also charge you on top of that. Around $1.50. A tip to maximize that, McDonalds only charges $1 and has a high limit. Bodegas will limit you to $100 or $120.
2) There is no surcharge for using a debit. Supermarkets will allow you to do cash back with a purchase too, so you can get some cash for free in that case.
Either you sling crack rock or you got a wicked jump shotq
Don't know which country you're coming from, but I found often I go away it makes more sense to buy or charge things on Visa then directly pay online. Online payment being necessary if the period away is more than 4 weeks.
you should change the name of this place from my-t-sharp to the 3 putz's.
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"its the running joke now, we now have fair trade with china so they send us poisoned sea food and we send them fraudulent securities."
If you have a foreign credit card (not so much debit card), it is also possible that they charge you a percentage of the amount you spent overseas (in a foreign currency) as a "overseas user's fee". Happened to me once, but depends on the credit card/debit card.
I agree, the credit cards used to charge you a 'foreign transaction fee' (up to 3%) any time you charged something internationally.
I hope you received the CCF Settlement papers in the mail within the past year that allowed you to get a partial refund of those fees you were charged. the credit card issuers recently settled a class action for 665 million that is tp be distributed, the deadline for a claim just passed.
I spent several years overseas and hope to get back a few hundred, although even if you were overseas once and charged something you can still get $25.
http://ccfsettlement.com/
To the OP, I have a German friend who just spent a few weeks in the USA, he got charged at the ATM (1.50 usually) and then also like 2 Euros at home.
-Net Worth
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