FYI - In case any Netbank/ING customers missed it. I understand that the ING card has a 3% foreign currency transaction charge. I am a little doubtful that I will ever have the opportunity to be charged 3% as the ATM card is not a member of either international network.
Oliver
PS I opened an account at Bank of Internet (bofi.com) and may open an additional account at another bank.
PPS I also posted the info at another board.
Oliver
PS I opened an account at Bank of Internet (bofi.com) and may open an additional account at another bank.
PPS I also posted the info at another board.
Some misc pieces of information.Effective 11/23/2007 ("Effective Date") we will no longer process ATM transfers (including withdrawals) and point of sale transactions (including online and cash-back transactions) that you initiate using an ATM or debit card that accesses a NetBank Money Market, Net Value Interest Checking, or Super Value Interest Checking Account that was acquired by ING DIRECT on September 28, 2007. This means that on or after the Effective Date your NetBank ATM and/or NetBank VISA� Check card(s) won't work.
Citibank - Effective January 26th, 2008 we will impose a fee equal to 2% of the transaction amount (including credits or reversals) on all ATM and/or POS Debit Card transactions (U.S. or foreign currency) that you conduct outside the 50 United States or Puerto Rico. This fee will apply to transactions made at Citibank and Non-Citibank ATMs.
HSBC - Fees rising to 3% from Nov 5, 07 for "all qualifying debit and ATM transactions." Some fees waived for Premier accounts