![]() Your bank’s fee for using an ATM outside of their network (usually $2.50-5 USD).If you withdraw money from an international ATM with your regular debit card, you’ll be hit with 3 different fees: Let’s think about it: While you’re on the road, you might withdraw money from an ATM twice a week. Step 6: Don’t Get Currency at Home (and Skip Those Foreign Currency Cards!)ĪTM fees can really add up - especially if you’re traveling for weeks or months at a time.Step 3: Minimize the Exchange Rate “Penalty”.Want to save more money on your next trip abroad? Here is how you eliminate ALL bank fees when you travel in 5 easy steps! I want to keep it all for myself because every avoided fee is more money for food, drinks, and activities on the road! You didn’t save up all this money in order to give it the banks, right? I know I didn’t. These days, there’s absolutely no need for it. ![]() All because they didn’t do their research and plan ahead. I know too many people who travel abroad and end up paying obscene ATM fees and credit card transaction fees. How to eliminate foreign transaction charges.When you travel on a budget, banking overseas involves knowing three things: There is a lot more to consider - especially if you want to become a savvy traveler! Yet, all too often, I see travelers throwing money away on avoidable bank fees.īanking overseas is more than just putting your card in an ATM and taking out money. Saving money for travel is one of the biggest obstacles that keeps people from realizing their travel dreams.
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