Advertiser Disclosure

Foreign ATM and Debit Card Transaction Fees by Bank

The fees are often 1% to 3% of the amount of a purchase or ATM withdrawal. A few banks charge no foreign transaction fees.
Banking, Checking Accounts
You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved. Here's how we make money.
iStock_85571927_SMALL-350x233

Foreign transaction fees can add up fast when using your debit card abroad. The fees are often 1% to 3% of the amount of a purchase, and many banks also apply the fee to ATM withdrawals.

Below, we compare the amount financial institutions, including Chase, TD Bank and Citibank, charge a person with a basic checking account to make an international ATM withdrawal or debit card purchase.

Note that some banks don’t charge these fees at all. (Skip ahead to see banks that don’t charge foreign transaction fees.)

Foreign transaction fees by bank or credit union

InstitutionForeign debit card purchase cost*Foreign ATM withdrawal cost**

Chase Bank

review
3%$5 + 3% of dollar amount (For balance inquiries at ATMs, it's $2.50.)

Ally Bank

review
Up to 1%Up to 1% of amount

TD Bank

review
None$3

Citibank

review
3%$2.50 non-Citibank ATM fee + 3% of amount

Bank of America

review
3%$5 + 3% of amount

Navy Federal Credit Union

review
0.8% or 1%, depending on whether there's a currency conversion$1 + 0.8% or 1% of amount

Union Bank

review
2%$5

Alliant Credit Union

review
1%1% of amount

Alliant reimburses up to $20 monthly for out-of-network ATM fees, including abroad
InstitutionForeign debit card purchase cost*Foreign ATM withdrawal cost**

Aspiration Bank

review

1.1% (0.9% for transaction plus 0.2% for currency conversion)

1.1% of amount

Aspiration fully reimburses all fees incurred from ATM usage, including internationally


Bank5 Connect

review

1%

1% of amount


BB&T


3%

$5 + 3% of amount (no $5 fee for Texas account holders)


BBVA Compass

review

3%

$2.50 + 1% of amount


BMO Harris

3%

$3 + 3% of amount


Citizens Bank

review

2.8% or 3%, depending on whether purchase made in U.S. dollars or foreign currency

$3 + 2.8% or 3% of amount


Connexus Credit Union

review

Up to 1.5%

$2 + up to 1.5% of amount
No fees for the first four to six ATM withdrawals, depending on the account


Consumers Credit Union

review

2%

$2 + 2% of amount


Fifth Third Bank

review

3.2% (3% for transaction and 0.2% for currency conversion)

$5 + 3.2% of amount


HSBC Bank

3%

$2.50 + 3% of amount


M&T Bank

review

Greater of 50 cents or 3%

Greater of $5 or 3% of amount


Nationwide Bank

0.8% or 1%, depending on whether there is a currency conversion

$1.50 + 0.8% or 1% of amount


Pentagon Federal Credit Union

review

Up to 2%

Up to 2% of amount


Radius Bank

review

1.1% (0.9% for the transaction plus 0.2% for currency conversion)

1.1% of amount

Radius reimburses all fees incurred from ATM usage, including internationally


Regions Bank

review

3%

$5 + 3% of amount


SunTrust Bank

Up to 3%

$5 + up to 3% of amount


U.S. Bank

review

2% or 3%, depending on whether the purchase is in U.S. dollars or international currency

$2.50 + 2% or 3% of amount



Wells Fargo Bank

review

3%

$5


*Foreign debit card purchase cost refers to foreign transaction fees — often 1% to 3% — and currency conversion fees (if applicable).
**
Foreign ATM withdrawal cost refers to out-of-network ATM fees plus any foreign transaction fees (if applicable)
Note: Some ATM owners tack on their own fee in addition to what your bank may charge. And people with premium checking accounts might be eligible for certain fee waivers.

Fees seem too expensive? You may want to consider switching to a bank with no foreign transaction fees, listed below. Travelers can also benefit from a credit card that skips these fees, especially if you go abroad frequently.  (Read about how to choose a no foreign transaction fee credit card.)

And no matter where you bank, let your financial institution know where you’ll be traveling before you depart to avoid any unwarranted fraud alerts on your account.

Banks with no debit card foreign transaction or ATM fees

Capital One 360

Capital+One
Read full review
on NerdWallet
Capital One’s online bank stands apart from many banks because it doesn’t charge a currency conversion fee or a fee for using a foreign ATM network. If an out-of-network ATM operator charges you a fee, however, it won’t be reimbursed by Capital One 360.

Charles Schwab Bank

Schwab+Bank
Learn more
at Charles Schwab
This brokerage firm’s banking unit doesn’t charge a fee when you use its debit card at an ATM overseas. In fact, it offers unlimited reimbursements for ATM fees from cash withdrawals worldwide, regardless of the network used. And it doesn’t charge currency conversion fees for debit card transactions.

Discover Bank

Discover
Learn more
at Discover
Discover doesn’t charge foreign ATM network or foreign transaction fees. But Discover card acceptance can be limited outside of the U.S., Canada, Mexico and some Caribbean nations.

Updated Sept. 7, 2017.

About the authors