ATM use

Old Feb 22nd, 2006, 08:32 AM
  #1  
Original Poster
 
Join Date: May 2004
Posts: 361
Likes: 0
Received 0 Likes on 0 Posts
ATM use

For small purchases (too small for credit card), is it better to use an ATM to get cash, or exchange dollars for Euros at one of the exchange places?

Sue
sjde53 is offline  
Old Feb 22nd, 2006, 08:38 AM
  #2  
 
Join Date: Jan 2003
Posts: 11,244
Likes: 0
Received 0 Likes on 0 Posts
Yes. Use the ATMs. The exchange places will "rip you off."
Budman is offline  
Old Feb 22nd, 2006, 08:40 AM
  #3  
 
Join Date: Mar 2003
Posts: 21,779
Likes: 0
Received 0 Likes on 0 Posts
Use the ATM. If your bank charges excessive fees, consider opening an account with your local credit union (mine charges no fees for foreign transactions).
Michael is offline  
Old Feb 22nd, 2006, 08:41 AM
  #4  
 
Join Date: Jan 2003
Posts: 95,384
Received 12 Likes on 11 Posts
ATM will give a better rate of exchange. But your home bank may charge you a fee per transaction ($0-5USD is typical). For small amounts of money I would use whichever is more convenient.
suze is online now  
Old Feb 22nd, 2006, 08:46 AM
  #5  
 
Join Date: Nov 2004
Posts: 6,260
Likes: 0
Received 0 Likes on 0 Posts
Definitely an ATM. I use my credit union cash card and am charged a very minimal fee per ATM transaction.

Don't get sucked into ANY of those change bureaus as they make their money in the following two ways: either by giving you a relatively decent exchange rate and then soaking you with a high commission fee OR they advertise that they charge no commission but they get you with their bad exchange rate.
Intrepid1 is offline  
Related Topics
Thread
Original Poster
Forum
Replies
Last Post
flobow
Asia
4
May 5th, 2012 05:16 PM
Jrdy888
Europe
32
Mar 27th, 2012 05:24 PM
matthewl
Europe
24
Dec 26th, 2011 08:57 PM
peacheysmokey
Asia
9
Nov 30th, 2006 07:23 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Do Not Sell My Personal Information


All times are GMT -8. The time now is 05:51 PM.