QUOTE(timo1003 @ Aug 27 2018, 11:31 AM)
Hi
touristking. May I know what's your experience with withdrawing cash overseas (through the local bank's ATMs and not other type of ATMs) with malaysian debit cards vs bigpay prepaid card? Do you still recommend withdrawing cash with bigpay instead of malaysian debit card overseas (as bigpay rates are very close to xe rates)?
Also i see that you mentioned 'getting cash means getting it from money changer'. Would this be different in your eyes if I get the cash through withdrawing from the local banks' ATMs with bigpay/malaysian debit cards?
I do note that you've mentioned you use card for most of your expenses overseas. Haha sorry for the confusions caused to you and
ajay67, as I have already decided to withdraw most of my cash overseas and in the following order in terms of preference:
1. withdraw cash overseas with bigpay/malaysian debit cards
2. bigpay for main card transactions
3. CC / debit cards as backup
4/1A. A bit of cash for emergency already with me upon arrival overseas.
Any feedback/or even criticism would be appreciated.
My bank doesn't charge me for withdrawing cash from overseas's ATM machine. For some people they do charge RM 10 or RM 20 per withdrawal, you have to check with your bank. Having said that, I notice they charge me about 1 - 2% higher than xe.com rate.
Bigpay charge me RM 10 per withdrawal. So withdrawing large amount of foreign cash, BP may be better. You have to do your own math whether to use BP or your bank's ATM card for your case.
Again you have to do your own math whether to get cash from ATM machine or from money changer. It all depends on the exchange rate they are giving you and the amount you are getting.
In some overseas airport arrival hall, to use the trolley, they are coin operated and sometime accept small notes. So don't only carry 100 dollar bills.