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Author: Subject: Beginning August 15, Bank of America no longer waiving fees at Santander
SFandH
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[*] posted on 6-20-2016 at 08:30 AM
Beginning August 15, Bank of America no longer waiving fees at Santander


I recently received an email from B of A stating:

"We want to let you know about an upcoming change since you've used Banco Santander ATMs in the past:

Beginning August 15, 2016, if you use your Bank of America card at a Banco Santander ATM in Mexico for a withdrawal, transfer or balance inquiry, our Non-Bank of America International ATM Usage Fee of $5 and the Santander ATM operator access fee will no longer be waived."

[Edited on 6-20-2016 by SFandH]
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willardguy
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[*] posted on 6-20-2016 at 10:04 AM


first they screwed us on the international fees now this. time to dump this bank if you haven't already ;)
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MitchMan
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[*] posted on 6-20-2016 at 10:25 AM


I was under the impression that BofA and Santander stopped all freebees a couple of years ago (or more).
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AKgringo
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[*] posted on 6-20-2016 at 01:13 PM


Bank of America issued my Alaska Airline Visa card, and I am OK using that for credit purchases.

I have never used it for cash draws, and with those fees, I never will! Five bucks, plus Mexico bank fees for things like a transfer or balance inquiry? Ridiculous!




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imlost
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[*] posted on 6-20-2016 at 01:57 PM


Well that just sucks. And just when I thought I had it all figured out.
I wonder if there is another bank in the US that has a partnership with a bank in Mexico. It sure would be nice to avoid those fees.
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willardguy
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[*] posted on 6-20-2016 at 02:03 PM


Quote: Originally posted by imlost  
Well that just sucks. And just when I thought I had it all figured out.
I wonder if there is another bank in the US that has a partnership with a bank in Mexico. It sure would be nice to avoid those fees.


charles schwab.....reimburses all fees! ;)
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SFandH
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[*] posted on 6-20-2016 at 03:31 PM


Fidelity also reimburses all ATM charges. I use it.

https://www.fidelity.com/
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rts551
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[*] posted on 6-20-2016 at 03:56 PM


Quote: Originally posted by willardguy  
Quote: Originally posted by imlost  
Well that just sucks. And just when I thought I had it all figured out.
I wonder if there is another bank in the US that has a partnership with a bank in Mexico. It sure would be nice to avoid those fees.


charles schwab.....reimburses all fees! ;)



Wonder how long before they change as well. One of the few left waiving fees except for smaller credit Unions.

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bajagrouper
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[*] posted on 6-20-2016 at 04:21 PM


Citi Bank owns Banamex, I can withdrawal up to $2000 USD a day at a Banamex ATM fee free.....Capitol One and Schwab reimburse all fees...



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woody with a view
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[*] posted on 6-21-2016 at 05:16 AM


my CU allows me $600/day and charges a fee. if BA charges $5+$3+/- by the atm owner that adds up to what? 1.3%??? not a large sum to get money from a machine-in a foreign country-24 hours a day.



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unbob
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[*] posted on 9-6-2016 at 08:57 AM


Quote: Originally posted by SFandH  
Fidelity also reimburses all ATM charges. I use it.

https://www.fidelity.com/
Not according to this statement on the Fidelity web site!

"there is a foreign transaction fee of one percent that is not waived, which will be included in the amount charged to your account."

https://www.fidelity.com/cash-management/fidelity-cash-manag...
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