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Topic: Using UK debit card in US ATM  (Read 1024 times)

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Using UK debit card in US ATM
« on: February 14, 2006, 05:32:30 PM »
I am going to the states this Friday and want to use my UK debit card at an ATM in the US to make one cash withdrawal.  I understand that there will be a conversion rate of 2.75% of however much I take out.  Has anyone experienced this and how bad is that percentage they take out on the conversion? 
An American Werewolf in London...............


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Re: Using UK debit card in US ATM
« Reply #1 on: February 15, 2006, 08:05:39 PM »
It's bad but not much you can do about it - I think you are referring to the fee they charge you for converting the amount from sterling into dollars?  Generally the card companies will charge you a 'transaction fee' or 'conversion fee' to take money out from overseas ATMs.  The actual translation rate you will get should be relatively decent - the bank's rate.  You can't do much better than that legally.  So you have to suck it up and pay the damn transaction fee...

I have yet to find a good card without the overseas fee.  There has been some discussion about it around here somewhere.


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