Comments on: ATM Withdrawal Fee Rises to 15.50 Pesos

By: ATMs fees « the search is OVER

ATMs fees « the search is OVER — Thu, 13 May 2010 12:13:48 +0000

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By: 15 Money Tips for Travelers in Argentina — San Telmo Loft

15 Money Tips for Travelers in Argentina — San Telmo Loft — Wed, 28 Apr 2010 15:18:02 +0000

[...] charge for each transaction. It started at 11.43 pesos, but now it’s just over 15 pesos (in just about four months [...]

By: Rocco

Rocco — Tue, 30 Mar 2010 16:08:40 +0000

I am paying U$S 3 for every transaction in San Francisco, California, using an Argentinean Debit Card. PLUS the conversion, plus the Argentinean Bank fee. Some ATM’s, specially those in Gas Stations, will charge you less, something like 1.75 U$S per transaction.

By: squirrel

squirrel — Thu, 25 Mar 2010 19:38:00 +0000

Funny thing, one of the times I visited Buenos Aires and found things so horribly expensive somebody told me that “it’s because foreign turists come here and with all their money they buy so much stuff that things then become expensive because there’s a shortage”. I laughed so hard people can be fooled so easily. When I asked “who in their right mind would buy anything here when things cost 3 times more than in their own country, with the exception of (perhaps) food” I couldn’t get an answer.

By: SM

SM — Wed, 24 Mar 2010 03:11:16 +0000

The maximum amount you can withdraw now has raised to at least 600 pesos. I think it’s more like 900 by now.

By: SM

SM — Wed, 24 Mar 2010 03:09:43 +0000

I’ve been using the Schwab checking account since July. It is great. They do reimburse the fees quarterly. It’s a nice little surprise (amounting to $20-30 for me each quarter). To think over a year, that’s about a 100 bucks

By: ptolemy

ptolemy — Tue, 23 Mar 2010 21:45:41 +0000

I agree with rmartin: “the word is out.”

By: rmartin

rmartin — Mon, 22 Mar 2010 16:12:04 +0000

Agree completely with “Claude”. Every day there seems to be another great idea to grab as much as possible from foreigners. It will never stop. Greed is so entrenched in this society. For many reasons, this being an additional one, I discourage all of my friends and acquaintances from visting/investing here. The reality is…..the word is out about how things are in Argentina. People aren’t being fooled about how “cosmopolitan” and cheap it is anymore and we are not even discussing the crime.

By: Claude

Claude — Mon, 22 Mar 2010 14:30:46 +0000

Fair enough, all over,banks are charging a fee, however, last I was there I noticed that the maximum amount one could hope to withdraw was a meager 300 pesos, and given that foreigners are rutinely charged more for just about anything, not to mention the ever mounting inflation, one often needs additional withdrawls, and pay additional fees.
Not to compare, but since the banks in Argentina do, in the US banks do charge indeed, but the fee is at most two to three dollars and one can withdraw up to or sometimes more than a thousand dollars, 400 being the norm for most. I guess as in almost any case the answer is : Esta es Argentina, I guess now I can rest that I have an answer. All of this and a “few other problems” will continue to help the self fulfilled prophesy that Argentina seems so desperate to preserve.

By: Maria Carra

Maria Carra — Mon, 22 Mar 2010 12:04:05 +0000

Good to know! Will pass on to expat friends, who probably have not realized this!

By: The First Credit Card: What Is It And How To Choose It? | All About Credit Cards

Mon, 22 Mar 2010 03:22:10 +0000

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By: MD

MD — Sun, 21 Mar 2010 23:46:23 +0000

I spend a lot of time in Argentina so I opened up a schwab checking account a few months ago to get around these fees. Schwab reimburses all ATM fees back to your account at the end of the month.