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Post by stearnz33 on May 25, 2006 21:00:23 GMT -5
So i saw that american Express has a traveller's check card that works like a debit or credit card and you can load funds on it. It has a $14.95 issuance fee but as far as I could tell didn't have a conversion fee or anything like that, it did have a $2.50 ATM withdrawl fee, which I didn't think was bad.
Does anyone know more about this or think it sounds like a good way to go.
The nice thing about it is that it has the same policy as the actual traveller's check and that is that if it is lost or stolen, it will be replaced with no fault to you.
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Post by LHR02 on May 25, 2006 21:27:54 GMT -5
Well....having accounts in 2 different banks that charge me no fees I still hate that 2.50 withdrawal fee. BUT...compared to much of what has been related here and elsewhere that actually doesn't sound too bad. If it has a 'logo' and can be used most everywhere then it doesn't sound bad for an option if your bank is prohibitive.
ging
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Post by me on May 27, 2006 11:51:33 GMT -5
if there's time before a trip, why not open an account at one of the "no-fee" banks? even if you just use it on the trip & close the account when you get back, it seems that it'd be worth the trouble, even just to avoid those nasty fees.
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rchua
Senior Travel Member
travel is the spice of life
Posts: 148
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Post by rchua on Jun 28, 2006 15:05:34 GMT -5
i wish i did open an account in one of those "no-fee" banks before my trip. which banks don't have fees? this will help people who are considering this option.
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Post by me on Jun 28, 2006 22:22:56 GMT -5
as of 2004, my last trip to Europe, the webbank i use charged no fee. you could email them to make sure it's still true. the website is www.bankdirect.com/ i use them because they're based in Dallas, so it'd be easier to go there if there were ever a problem. and they give AADVANTAGE miles for money kept in the account. [i'm saving miles for my next trip. my last trip used miles for the air tix to europe.] |
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