It does not have a 1% foreign transaction fee for overseas ATM withdrawals. I have used it many times and there are no fees. Foreign ATM fees are also reimbursed.
Thanks, that's great to know. Never realized the distinction. The language is:
For each foreign transaction, there is a foreign transaction fee (currently, 1% of the transaction for non-US dollar transactions), which may be included in the amount charged to your account. This charge may apply whether or not there is a currency conversion.
and I always assumed that a transaction was a transaction. Silly me.