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Originally Posted by NM
I am not interested in using travellers cheques and only want an ATM card for cash withdrawals. Prior to my Citibank card I used a Comm Bank Mastercard for this, but their charge of A$4 for using an overseas ATM would have lead to significantly more than fees than the new CB fees.
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I'm in the same boat. When I called Citibank last week, they told me the foreign currency conversion charge was currently 0% on Ready Credit accounts and that this 2.5% charge from 1 September 2006 is new. I find that a little hard to believe, but that's what they said.
I then quizzed them on the Visa Debit facility on the card, as nowhere do they state that you can use the card over the counter in banks to make a cash advance. They assured me that you certainly can do this which would add to the card's usefulness where ATMs are not so readily available.
Of course, I'd only use my money when performing a cash advance, not the bank's, to avoid any interest charges.