this post was submitted on 29 Nov 2023
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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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[–] 19craig@alien.top 1 points 9 months ago

Nothing to do with travel but it usually isn’t a good idea to have your ‘entire life savings’ in one account. I know it’s very unlikely but what if Charles Schwab went bankrupt or fell victim to fraud or just decided to shut down your account for any reason.

Don’t put all of your eggs in one basket.