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Using a credit card overseas

Posted by Neicie Neicie
Message 1 of 4 565 Views

If I load my credit card with my own money will I still be charged a cash withdrawal fee while overseas and if so how much?

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Re: Using a credit card overseas

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Posted by SarahF SarahF
Message 2 of 4 559 Views

Hi @Neicie,

 

There are a few fees to consider when using your card overseas. Firstly the Foreign Transaction Fee which is 2.95% of the transaction amount which applies to each transaction occurring outside of Australia and is waived for all Bankwest Platinum MasterCard credit card holders. There is also the Overseas ATM Fee which applies to each cash withdrawal, balance enquiry and declined transaction using a Debit MasterCard or MasterCard Credit Card. In regads to using a credit card to withdraw cash there is a Cash Advance Fees which apply to cash withdrawals from your credit card. This will be $4, providing the account is still in a positive balance (if you even go 1cent into the credit limit then there may be other charges to consider)

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Re: Using a credit card overseas

Posted by Neicie Neicie
Message 3 of 4 555 Views

Thanks for your reply.

Is Bankwest affliated with any overseas banks where withdrawals would not attract an ATM fee? 

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Re: Using a credit card overseas

Posted by SarahF SarahF
Message 4 of 4 550 Views

We don't have any ATMs overseas or affilitations to avoid the ATM fees however if you'd like you can order foreign cash before you leave and pick this up from a Bankwest store. You can view details of that here: https://onlinefx.bankwest.com.au/index.asp

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