Personal Finance

What Canadian card, debit or credit, is good to get EURO cash from ATM in EU?

  • Last Updated:
  • Mar 30th, 2022 4:18 pm
[OP]
Deal Addict
Sep 19, 2009
2189 posts
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Toronto

What Canadian card, debit or credit, is good to get EURO cash from ATM in EU?

TIA.
6 replies
Deal Fanatic
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Jan 6, 2002
6520 posts
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Toronto
Yes.
Si Tacuisses, Philosophus Mansisses
Sr. Member
Sep 27, 2009
995 posts
364 upvotes
Calgary
If you want a credit card with very very good CAD to EURO exchange rates, check out WISE. It works on the VISA network.
Deal Expert
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Jan 9, 2011
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Vancouver
Three prepaid cards
Wealthsimple Cash Visa
Wise.com multi-currency Visa
Stack prepaid MC

All three have no ATM fees except for the ATM operator’s fee (if any)
Stack marks up Mastercard’s FX rate by 2.5%, but if you spend/withdrawal between $400 and $1,000 in a month you will get that reimbursed.

Do not use a credit card to get a cash advance, especially not one that you also use to make purchases. Huge interest charges and fees.
Deal Expert
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Jan 9, 2011
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Vancouver
xgbsSS wrote: Scotiabank or Tangerine Debit with Barclays in UK, BNP Paribas in France or Deutschebank in Germany

https://www.scotiabank.com/ca/en/person ... iance.html
The only benefit to Scotia’s global ATM alliance is no fees by the ATM operator. Scotiabank will still mark up the FX rate by a rather high amount, and many of not most European ATMs don’t charge an ATM operator’s fee anyway, making Scotia’s membership in the Global ATM Alliance rather pointless for European travel.
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Jul 15, 2009
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Kiraly wrote: Three prepaid cards
Wealthsimple Cash Visa
Wise.com multi-currency Visa
Stack prepaid MC

All three have no ATM fees except for the ATM operator’s fee (if any)
Stack marks up Mastercard’s FX rate by 2.5%, but if you spend/withdrawal between $400 and $1,000 in a month you will get that reimbursed.

Do not use a credit card to get a cash advance, especially not one that you also use to make purchases. Huge interest charges and fees.
HSBC WE saved my butt a few months ago when my Stack card failed to work for the huge fee of $4 flat. Paid it down to a credit balance the same day so zero interest. Wealthsimple and Wise cards didn't exist yet back then. Sure, use WS and Wise, but keep no-FX credit cards as backup.

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