I want to use my Netherlands credit card overseas, to withdraw money in local currency in some non-European states (specifically: USA, Israel).

  • What are, or how do I determine, the (typical) fees and conversion rate for doing this?
  • Are all credit cards, by all banks / credit card companies in the Netherlands, the same with respect to these fees and exchange rates?

If you'd like to answer more specifically about one bank/credit card: I'm with ABN-AMRO, and I have an ICS MasterCard of theirs.

  • 1
    The fees for mine are stated clearly in the terms and conditions, I assume it must be the same for others. A quick google search suggests the fees do differ, quite a bit (from 1.5% to 4% for a withdrawal with a credit card, charges with a credit card or withdrawal with a debit card are cheaper). For credit cards, the conversion course is determined by Visa and/or Mastercard and your bank's fees are applied to that rate. – Gala Jan 11 '17 at 17:08
  • There's probably at least a dozen banks with different terms and conditions. Please clarify which bank you personally have or ask a more targeted question. – JonathanReez Jul 23 '17 at 5:51
  • @JonathanReez: I wasn't asking about actual feels but about their uniformity and how you determine fees. But I'll oblige... – einpoklum Jul 23 '17 at 8:31
  • I am still not sure this is a good question (it states so plainly in the terms and conditions and has very little to do with expatriation) but: conditions for your debit card (p. 6) and your credit card (article 13). – Gala Jul 23 '17 at 8:59
  • 1
    There are a bunch of special cases but for the regular BetaalPacket and credit card (not gold or anything), withdrawing foreign currency with your debit card should cost you €2.25 plus a 1.2% commission. There are a few subtleties regarding which exchange rate is used, it's always in the ballpark but I have never been able to recompute it myself. Withdrawing money with a credit card is so expensive that I never tried. – Gala Jul 23 '17 at 9:26