What ATM machine does not charge a fee?

Navigating ATM Fees: A Guide to Fee-Free Options

Locating ATMs that do not charge fees can be a daunting task. However, understanding the options available can help you minimize or eliminate ATM charges.

ATM Machines with No Fees

In Vietnam, the following banks currently offer fee-free ATM withdrawals:

• ACB
• TP Bank
• HSBC

If you bank with one of these institutions, you can use their ATMs without incurring any fees.

Reimbursement for ATM Fees

Many banks offer ATM fee reimbursement programs. If you use an ATM from another bank that charges a fee, your bank may reimburse you for the charge. Check with your bank to see if they offer this service and what the terms and conditions are.

Local Bank Policies

Some banks have policies that allow you to withdraw cash from their ATMs without a fee, even if your bank charges a fee. For example, some credit unions offer surcharge-free withdrawals from other credit union ATMs. Contact your bank or local credit union to inquire about their policies.

Wise Card

The Wise card is a multi-currency debit card that allows you to withdraw cash from ATMs worldwide with minimal fees. Wise charges a flat fee of 0.5% for ATM withdrawals, regardless of the amount or currency. This fee is significantly lower than the fees charged by most banks.

Other Tips to Minimize ATM Charges

• Plan ahead: Determine where you will need cash before you travel and identify fee-free ATM locations.
• Use online banking: If possible, make withdrawals online instead of using an ATM. This can help you avoid ATM fees altogether.
• Consider using a travel credit card: Some travel credit cards offer ATM fee reimbursement or reduced fees.
• Look for surcharge-free ATMs: Some ATMs display a surcharge notice before you make a withdrawal. If you see a surcharge, consider finding another ATM.

By following these tips, you can minimize or eliminate ATM fees and save money on your travels. Remember to check with your bank and explore all available options to make informed decisions about your ATM usage.