Can I use my Bank of America card internationally?

Can I Use My Bank of America Card Internationally?

Yes, you can use your Bank of America card internationally. However, there are some fees that you should be aware of.

ATM and Debit Card Withdrawals

Bank of America charges a $5 fee for international ATM and debit card withdrawals. This fee is in addition to any fees that the ATM operator may charge.

Credit Card Purchases

Bank of America charges a 3% foreign transaction fee on all credit card purchases made from foreign merchants. This fee is applied to the amount of the purchase in the foreign currency, and then converted to U.S. dollars.

How to Avoid Fees

There are a few ways to avoid the fees associated with using your Bank of America card internationally.

• Use a credit card that does not charge foreign transaction fees. There are a number of credit cards that offer this benefit, such as the Capital One Venture Card and the Chase Sapphire Preferred Card.
• Use a debit card that is linked to a checking account that offers free ATM withdrawals. Some banks, such as Ally Bank and Charles Schwab, offer checking accounts that allow you to make free ATM withdrawals at any ATM in the world.
• Withdraw cash from a Bank of America ATM. Bank of America does not charge a fee for ATM withdrawals made at its own ATMs.

Conclusion

You can use your Bank of America card internationally, but be aware of the fees that may apply. By taking the steps outlined above, you can avoid these fees and save money on your international transactions.