In addition to this percentage, the cardholder is usually responsible for any flat fees charged by the foreign ATM network or the local bank operating the machine. Eligibility is often tied to maintaining a minimum daily balance or meeting direct deposit requirements within a given monthly cycle.
Chase Debit Card Foreign ATM Strategy to Avoid Fees
Fee Component Description Chase Foreign Fee 3% of the withdrawal amount Foreign ATM Operator Fee Varies by bank or network (e. Alternative Access to Funds Abroad Use a credit card with no foreign transaction fees for purchases, avoiding ATM reliance entirely.
If your account status changes or if you fall below the required threshold during the billing cycle, the fee may apply to transactions conducted in that period. Researching fee-free ATM locations in advance through bank apps or fee-saver websites helps you avoid unnecessary charges while traveling.
Maximizing the Chase Debit Card Foreign ATM Strategy to Avoid Fees
Premium Checking and Account Eligibility Chase Sapphire Banking and Private Client Banking are two examples of accounts that typically waive the foreign ATM fee. This combination of the percentage fee, the flat operator fee, and the exchange rate spread results in the total cost of accessing cash abroad.
More About Chase debit card foreign atm fee
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