Adventure Traveling Guide

Debit Cont. Cons: Big Fees: ATM fees abroad can be exorbitant; $7 is the current rate in Costa Rica. For this reason, try to pull out the maximum amount allowed. Cash advances from you credit card can incur the same heavy fees. Be sure to budget for these ATM fees before you go. Some banks [...]

Debit Pros: Convenience: It’s the easiest way to get local currency. Cheap: Some banks may not charge a fee if you use one of their ATMs abroad. Example: Bank of America allows customers to withdraw money sans fees at a Global ATM Alliance branch; members include British bank Barclays, Germany‘s Deutsche Bank and Canada‘s Scotiabank. [...]