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Originally Posted by dajop
On trip to Japan last month, ATM withdrawals using a Visa DEBIT card (as opposed to CREDIT card) attached to my regular bank account offered the best effective rate, providing I took out enough to diminish the impact of a $5 ATM withdrawal fee.
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That's right - I'm talking about debit cards. But my Japanese Citibank savings account doesn't attract ANY withdrawal fee, so it's great for me. A $5 ATM withdrawal fee does seem reasonable however for the Aussie banks. You'd just need to withdraw large sums at a time to offset the fee.
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Originally Posted by JohnK
Hi BlacKnox,
Thanks for your comments. I understand what you are saying ...
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No, I think you are talking about credit cards and I cashcards
. JohnK, I know Commonwealth uses the Cirrus/ Maestro/ Star system as my Mother always uses her Commonwealth cashcard (NOT credit card) when she visits me here (to withdraw yen from her Australian savings account). Cheers.