Quote:
Originally posted by freeme
International ATM cash withdrawal fee*** $3.50
Currency Conversion fee 3%
^^^^^^^^^^^^^^^^^^^
THIS IS THE CATCH......so if you make a withdrawal outside US (as our affiliates do) you will end up paying 3.50$+3% of the ammount.... so let`s say you withdraw 500USD in any country (except US) you will end up paying : 3% of 500$ witch is 15$ +3.50$ for a total of 18.50$ for 500$. None of the card on the marked dont have this hidden fee.....so beware!!!
greenlab
you can transfer the money to a bank account and avoid the atm fee
our US atm fee is only $1.50
that is lower then the 2.00 industry average
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???? i dont get it....you buy an PreferPay card to use at ATMs and pay for dinner, shopping etc. why should i need a PreferPay card to transfer money to a bank account ? i can do that with my current bank account...thank you!..
also, you will still get charged 3% for all of your shopping you do outside US (including online shopping, if you are shopping from a website that doesnt bill in USD, and there are a lof of sites who bill in EUR or GBP)....you also pay 3% for dinner, gas, car rental etc. + and additonal of 0.50$ - POS fee.
So actualy if you dont make any withdrawal from ATMs, you just save the 3.50 International ATM fee.....but you still pay the 3% Curency Conversion...so THIS IS THE CATCH FOLKS....the 3%!
i wonder how many of your 100k holders are aware of it....
