Digital Nomads

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Charles Schwab debit card lets you withdraw cash from ATMs worldwide but I wonder if it’s safe. Especially if you have your life savings and investments tied to your account. (alien.top)

submitted 9 months ago by idkifimalive@alien.top to c/digitalnomad@expats.zone

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Worldwide without any fees*

It’s one of the few biggest institutions in the world for large individual investors. It’s like advertising you have money

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[–] idkifimalive@alien.top 1 points 9 months ago (1 children)

Int'l card payment cost: 0% to ~1% markup (depending on currency)

Do you know how they take the 1%?

[–] ZmicierGT@alien.top 1 points 9 months ago

Yes, on weekend they charge 1%. I remember there was also an additional 1% charge for rare currencies. For free accounts there was also a monthly limit on exchange volume. Also various plans have different ATM free withdraval limits. If there is an additional charge it is just added to the amount charged in the base currency.