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 29-04-2019 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!
Was this helpful? Then give it 'Kudos'!
If your question was answered, select 'Accept as Solution' to make it easier for others to find.