If it doesn't reimburse the ATM fees, then it's not cheaper than a card that does reimburse—unless you never use it in an ATM. But many places I've been, that's not practical. I was also a bit miffed at Revolut for advertising that they were available in USA when the fact was they had only just applied.

I've heard a lot of people bragging about N26 but I don't know anything about it.

I mention Schwab as the card I have, but it's not the only bank that reimburses ATM fees

1-2 years ago, when I looked into this, Tansferwise (now Wise) used to be cheaper than Revolut. Did this change?

Any thoughts on Revolut vs. Wise (formerly Transferwise)?

@Neinstein can't be cheaper during weekdays, unless using one the few currencies that has a fee on top of the market exchange rate or using the ATM.

@gerrit I use both but for Wise I haven't tried the card, only money transfer. I use Wise if the currency has an extra fee on revolut.

@WGroleau What's the difference between paying a fee and then getting it back, and not paying a fee in the first place?

@DavidMulder The fee in question is charged by the operator of the ATM, your bank or card issuer cannot prevent that and the ATM operator gets to keep that money. Apparently some banks in the US reimburse that fee out of their own pocket for commercial reasons. I am not aware of any bank in the EU offering this service.

@DavidMulder, very little difference. But getting the fee reimbursed cost less than not getting it reimbursed.

@Relaxed Is this referring to stuff like the 6 euro fee per withdrawal in countries like Thailand? Or is this some US specific fee?

@DavidMulder Both? I don't know about Thailand specifically and I don't hold a card like that but for example Charles Schwab advertises “worldwide“ fee rebates and I came across this report from someone who said they got refunded for a $9 fee in Indonesia. I assume there may be a cap or fair use clause somewhere in the fine print.

@DavidMulder If it were just developing countries like Thailand... All ATM in Austria we tried had one. And not just in a hotspot like Hallstatt, we drove to Bad Goisern to buy grosseries and withdraw money for our caving expedition.

@VladimirFГероямслава Did you by any chance withdraw from an euronet ATM, they are a known private 'scam' network. Having withdrawn from Austrian ATMs a couple of years ago there were no fees with mastercard and visa cards.

@Relaxed Surprising to hear, as as various bank cards I use split 'fees' and 'withdrawal amount' and I never saw a bank that was able to 'notice' that the ATM requested a different amount of money than I selected. But interesting business model, as I have a hard time understanding how you pay for those atm fee rebates in that case~

@DavidMulder Several different ones, all that was available. They charged differing amounts from 2 to 6€. Certainly not just Euronet.

@DavidMulder According to my mobile banking my ATM was Reiffeisenbank. And my Czech card is even from a small bank recently absorbed by Reiffeisenbank.