VISA ATMs on Santorini, GREECE-What's the per-transaction fee?
#1
Original Poster
Joined: Jan 2004
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VISA ATMs on Santorini, GREECE-What's the per-transaction fee?
Does anyone have any experience with the ATMs on Santorini? I have a VISA ATM card partnered with PLUS and INTERLINK. What is the per-transaction fee? I'm trying to decide whether or not to take cash and TC's or join the Techno world and use my ATM for the first time.
#2
Joined: Dec 2003
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Is your card an actual credit card? Or just an ATM/debit card affiliated with the PLUS system.
If just an ATM card, the fee depends on your bank's charges for using out-of-network ATMs. A small number of banks will tack on a % in addition to the VISA/MC 1%. Check the fine print on your bank's ATM cards for additional fees.
If you are using a credit card, you are looking at cash advance fees. Your credit card terms and conditions will detail what the charges are for cash advances. Usually the charge is a % of the amount of your advance, with a minimum charge (these are not small charges). In addition, because this is a loan, you may also be charged a certain % until the "loan" is paid off.
It is better to obtain cash via an ATM/debit card than through credit card cash advances.
If just an ATM card, the fee depends on your bank's charges for using out-of-network ATMs. A small number of banks will tack on a % in addition to the VISA/MC 1%. Check the fine print on your bank's ATM cards for additional fees.
If you are using a credit card, you are looking at cash advance fees. Your credit card terms and conditions will detail what the charges are for cash advances. Usually the charge is a % of the amount of your advance, with a minimum charge (these are not small charges). In addition, because this is a loan, you may also be charged a certain % until the "loan" is paid off.
It is better to obtain cash via an ATM/debit card than through credit card cash advances.
#4
Joined: Jan 2004
Posts: 423
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I used my atm on Santorini last summer and had no trouble. There's a greek bank (can't remember the name, but they have a location at the Santorini airport) that worked out fine. Nibblette is right about the bank fees. You have to ask your local bank about that. I asked mine and they said the fees would be $1.50 or $2.00. This was fine with me, for the convenience of not carrying a bunch of cash. We took out a couple hundred at a time, and it worked out great. I also agree about the credit card use- don't get cash advances through those. The rates are far worse.



