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Author Topic: credit card / atm in israel  (Read 3595 times)

Offline batzelda1

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credit card / atm in israel
« on: December 30, 2009, 12:22:33 PM »
I'll be going to Israel for six months starting this March.  Does anyone have any recommendation on a bank account and credit card to open in order to avoid hefty fees?  I already have a SPG card and BA Visa card.  My current bank accounts are with chase and hsbc

Thanks
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Offline Dan

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Re: credit card / atm in israel
« Reply #1 on: December 30, 2009, 01:16:40 PM »
Charles Schwab has no foreign exchange fees on their ATM or credit cards.

Most credit cards charge 2-3% foreign exchange fee, but you do still get the miles/points to soften the blow.  Plus you have many protections with credit cards that you don't have with cash.
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Offline eli1571

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Re: credit card / atm in israel
« Reply #2 on: January 02, 2010, 03:03:09 PM »
As for a bank account commerce i think its currently td doesn't charge for overseas transaction's
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Offline Daniel

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Re: credit card / atm in israel
« Reply #3 on: January 03, 2010, 03:24:38 PM »
I use Schwab - they give 2% back. Everyone else here uses capital one for some odd reason...
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Offline batzelda1

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Re: credit card / atm in israel
« Reply #4 on: January 03, 2010, 07:38:01 PM »
great thanks.  I'll look into these.
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Offline SuperFlyer

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Re: credit card / atm in israel
« Reply #5 on: January 04, 2010, 05:08:21 AM »
You can open a bank account at the Israeli post.

Bank Hadoar.

It used to be almost free.
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Offline gozalim

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Re: credit card / atm in israel
« Reply #6 on: January 04, 2010, 12:28:57 PM »
Quote from: Dan on December 30, 2009, 01:16:40 PM
has no foreign exchange fees on their ATM or credit cards.

Most credit cards charge 2-3% foreign exchange fee, but you do still get the miles/points to soften the blow.  Plus you have many protections with credit cards that you don't have with cash.

do you have a link for Charles Schwab?
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Offline Daniel

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Re: credit card / atm in israel
« Reply #7 on: January 04, 2010, 03:42:35 PM »
It looks like they may have stopped offering this card- I can't find it anywhere - sorry
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Offline Jay the PRESIDENT

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Re: credit card / atm in israel
« Reply #8 on: January 04, 2010, 03:58:35 PM »
capital one
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Offline batzelda1

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Re: credit card / atm in israel
« Reply #9 on: January 04, 2010, 07:55:22 PM »
schwab still offers the card but took it down from their website.  You need to apply by calling them on the phone.  I guess the 2% cash back and no transaction costs made it a big winner for those traveling internationally and they are no longer actively advertising it
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Offline hocker

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Re: credit card / atm in israel
« Reply #10 on: January 04, 2010, 10:30:07 PM »
i was under the impression that any World MC doesn't charge intl fees. as i use my Miles & More CC in switzerland n they never charge fees.
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Offline Dan

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Re: credit card / atm in israel
« Reply #11 on: January 05, 2010, 12:17:02 AM »
Quote from: hocker on January 04, 2010, 10:30:07 PM
i was under the impression that any World MC doesn't charge intl fees. as i use my Miles & More CC in switzerland n they never charge fees.
Forex fees have nothing to do with he type of card and everything to do with the issuing bank.
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Offline gozalim

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Re: credit card / atm in israel
« Reply #12 on: January 05, 2010, 12:45:24 AM »
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