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Stop Paying ATM Fees When You Travel
Use these debit cards to avoid flushing money down the toilet
Here at Nomad Deals, wasting money is the kind of thing we don’t like. And if there’s one totally needless money-waster, it’s ATM fees. This week, we’ll cover how to stop paying those fees forever.
This Week in Nomad Deals
Best Debit Cards for Travel: ATM fees are a waste of travel money
Bali Beware: Visa changes are afoot in Bali; don’t fall for scams.
New Bali Visa Drop
Bali’s long awaited golden visa is about to hit the most digital nomad scene in Indonesia.
According to the Bali Sun, the new visa is expected to officially launch toward the end of 2023. Big benefits will include the ability to stay for 5-10 years and purchase property. Details such as the price tag remain to be seen, but maybe worth it for those looking to live that Eat Pray Love life…or something like that.
Avoid This New Scam
Another recent change is that Indonesia now allows visitors to purchase a visa-on-arrival (VOA) online rather than at the airport. You would think that having that option would make life easier. But not for everyone.
The problem is that a lot of people are stumbling across scam websites on Google. At best, they end up paying way more than the official $35 fee. Oftentimes, they get completely screwed out of their money.
Protip: Use the official Indonesian government website molina.inmigráis.go.id
Best Debit Cards for Travel in 2023
If there’s one thing that I wish someone told me before I went abroad, it’s that paying ATM fees is like flushing money down the toilet. Seriously. There is absolutely no reason why anyone should pay those fees while traveling.
The secret? Get a debit card that reimburses you for ATM fees.
While many banks in the U.S. maintain no-fee ATM partnerships with foreign counterparts, it’s a hell of a lot easier if you don’t need to worry about finding an in-network ATM. Only a few financial institutions will reimburse fees from anywhere…and even fewer offer unlimited reimbursements.