on 28-04-2019 05:25 PM
I know this quetion has been asked many times, but can you please clear this up for me and to get Hubby off my back....
I have both a Platinum Debit card and a Platinum Credit card - what fees will I be charge for both of these cards and where/when should they used them to incurr NO fees/charges while travelling overseas - eg money from ATM's and or purchases....????
on 28-04-2019 12:10 PM
Hey @01KerynFoley - hopefully this helps clear things up for you both
2.95% Foreign Transaction Fee
$5.00 Overseas ATM Fee, per withdrawal, charged on the first business day of the following month as one amount (waived on Rewards Transaction and Qantas Transaction accounts)
MasterCard Credit Card
2.95% Foreign Transaction Fee (waived on Platinum and World Tier cards)
$4.00 or 2% (whichever is higher) Cash Advance Fee on ATM withdrawals - when accessing funds within the card limit
$4.00 Cash Advance Fee on ATM withdrawals - when accessing your own funds over and above the card limit
-You won't pay Cash Advance fees when selecting "Credit" on a Debit MasterCard, as these are still your own funds, it's just that "Cheque" and "Savings" are not recognised on a MasterCard internationally.
-The $5.00 Overseas ATM Withdrawal Fee does not apply on a MasterCard Credit Card, as the $4.00 or 2% Cash Advance Fee is charged in place of this.
If you have any further queries, this link may also help. Thanks!
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