Info This Debit Card Has Zero Fees For Foreign Currency

[living4experiences]

I have the Schwab debit card for obtaining international currency and it has always worked. Here's a recent post from Frequent Miler with details of how the card works. Don't exchange money at the airport: The Schwab Debit card & investor checking account is every traveler's friend

 

[Lorenzoid]

I have seen the Schwab debit card often mentioned on SB as a way to avoid ATM fees and get some peace of mind against being hacked when withdrawing local currency. It's mostly what I use. I transfer just enough cash to my Schwab checking account for the trip, so if my card gets skimmed it won't drain more than that.

 

[grantctobin]

Schwab, Fidelity, and Ally (Ally up to $10/mo) reimbursed.

 

[BoltSnap]

Can one open Schwab account and it operates just like a regular bank account with cc, etc.? Do you have to be an "investor" with Schwab or can open an account without any other requirements?

 

[Lorenzoid]

Can one open Schwab account and it operates just like a regular bank account with cc, etc.? Do you have to be an "investor" with Schwab or can open an account without any other requirements?

The Schwab checking account is bundled with a Schwab investor account; Schwab doesn't offer a standalone checking account option. However, you don't have to use the investor account to use the checking account.

 

[tr3a]

Cabelas Capital one MasterCard has no foreign transaction fee. Been using it for many years for international travel

 

[tr3a]

As a credit card if it gets hacked the most you are out is 50.00. That has happened to me twice, never charged. The CC actually caught the fraud before I did