How much is the international debit card withdrawal fee?
International Debit Card Withdrawal Fees
When using your debit card abroad, you may incur withdrawal fees. These fees vary depending on the type of card you have.
Visa/Mastercard Vpay Cards
For Visa/Mastercard Vpay cards, the withdrawal fee is 0.91% of the transaction amount. For example, if you withdraw €100, the fee would be €0.91.
Other Debit Cards
Most other debit cards also have a similar 0.91% processing fee for international withdrawals. However, some banks may charge additional fees, such as a flat fee per transaction or a percentage of the amount withdrawn.
How to Avoid Withdrawal Fees
There are a few ways to avoid or minimize withdrawal fees:
- Use an ATM that is part of your bank's network.
- Use a debit card that offers no-fee international withdrawals.
- Withdraw larger amounts of money less frequently to avoid paying multiple fees.
- Consider using a travel credit card that offers rewards or points for international purchases and withdrawals.
It is important to check with your bank or credit union before using your debit card abroad to find out what fees you may incur.
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