Which bank has the lowest foreign transaction fee?

Which bank is best for international transfers?

Ugh, international transfers… such a pain.

Capital One 360? Yeah, seen that name. Good? Charles Schwab too, huh. Wonder if my cousin uses them? He’s always traveling.

• Capital One 360 Checking
• Charles Schwab Checking
• Truist Checking
• Fidelity Cash Management Account

Truist…never heard of it. Is it new? Fidelity, like the investment place? Oh, a cash management account, interesting. Hmmm, does that even work for what I need? What was that Reddit thread even saying, anyway?

Okay, gotta actually look at these. Fees matter, right? And exchange rates! Don’t wanna get ripped off. Oh god, taxes too, I hate taxes.

• Low fees are essential.
• Competitive exchange rates are a must.

That Fidelity thing… not sure if it’s even a real contender. Need to check that first. Ugh, this is gonna take forever. Better get coffee.

Okay, back. So Schwab… I use their brokerage. Should maybe just keep it simple? Transferring money always gives me anxiety. Okay, next question: Do they even work in Europe, lol.

How to avoid international wire fees?

Banks are vampires, sucking your hard-earned cash dry with those pesky wire fees. Fighting back? Here’s how my genius brain tackles this:

• Negotiate like a boss: Sweet-talking your bank into waiving fees is surprisingly effective. Think of it as charming a cobra – requires finesse, but the reward (saving money) is worth it. My last attempt, a resounding success!

• Multi-currency accounts: These are like having a Swiss bank account, but without the James Bond-esque secrecy. They’re way less dramatic, but definitely helpful! This is my personal preference.

• Smart payment methods: Forget archaic wire transfers. Explore cheaper alternatives! Seriously, it’s 2024, not 1984. Using modern tech saves money and time. I use Wise, but you do you!

International transfers shouldn’t feel like robbing Peter to pay Paul—or, in this case, robbing your savings account to pay the bank. It’s highway robbery, I tell ya! Avoid it.

Extra info, because you deserve it: My friend, Sarah, saved $75 last month using Wise. Seventy-five dollars! Enough for a decent bottle of wine. She’s living proof. Now, where’s my next bottle…

Remember to factor in exchange rates; those sneaky little gremlins can also eat your profits. And remember, negotiating with your bank is a skill, not a gift. Practice it! Good luck! You’ll need it, fighting these banking bloodsuckers.