Canadian Bank Card with No Foreign ATM Fees Tested in Dubai
No Foreign ATM Fee Bank Card EQ Withdrawal Money in Dubai: Using EQ Bank Card at CBI ATM in Dubai
There were 2 options provided by the ATM. With Conversion and No Conversion. With Conversion option conversion is done by the local CBI bank and they might offer currency exchange fees in their favour. I chose No Conversion and with this method conversion will be done by EQ Bank according to current exchange rates provided by Mastercard.
325 AED
$120.78 CAD Total
Local ATM Fee: 25 AED included
CBI Bank quoted $121.20 if you chose their conversion. As you can see, CBI is using very good rates. It's not too poor rates like many other foreign banks.
Disclaimer: This review is independent and unbiased. We are not affiliated with EQ Bank in any way, nor do we receive any compensation for promoting their services. Our channel does not offer or rely on subscriptions or Patreon to generate revenue.
Join us as we use our Canadian EQ Bank Card to withdraw cash at CBI ATM in Dubai. Watch and learn about the fees and exchange rates for a foreign card transaction in UAE.
EQ Bank stands out among financial institutions by offering its customers a unique advantage: no foreign currency transaction fees for ATM Withdrawals, no foreign currency conversion fees.
This means that when using an EQ Bank card at an ATM abroad, customers only need to pay the local ATM fee charged by the foreign bank. This policy makes EQ Bank an appealing choice for international travelers seeking to minimize their banking expenses while enjoying their trips without worrying about additional charges.
#EQBank #nofx #DubaiTravel #DubaiATM #ForeignCardTransaction #travelcreditcards
This video will help travelers understand the process of using a foreign bank card at ATMs in Dubai, making their trips more convenient and stress-free.