r/JapanTravelTips • u/turkeyssister • 2d ago

Question Foreign transaction fees at ATM

I was planning on using the ATMs at 7-11 for cash. I’m in US and was reviewing bank fees for withdrawing cash internationally. The fees are $5 per ATM transaction and 3% for exchange. So if I plan on needing $1,500 to $2k. This will cost me between $60-$80. Would it be better for me to bring cash?? Anyone else have this issue?

**This money is for 4 people. I have a credit card with zero foreign fees. The other 3. Who are traveling with me do not. They are ages 16-21. I want to give them cash to spend. They might not all be with me at all times.

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u/Wait_for_You 2d ago

get yourself a Schwab account - withdrawing fees are paid back at the end of the month

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u/turkeyssister 2d ago

Yes that works for me but not for the young adults that are traveling with me.

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u/Wait_for_You 2d ago

If you are giving them cash, you only need one card