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Currency conversion fees

Laurentian Bank of Canada
US ATM withdrawal: $0 to $4, depending on banking package
International ATM withdrawal: $0 to $4, depending on banking package
Debit card purchase: Not available
Credit card purchase: 2%
Credit card cash advance: $2.00 plus 2%

National Bank of Canada
US ATM withdrawal: $3
International ATM withdrawal: $3
Debit card purchase: $3
Credit card purchase: 2.5%
Credit card cash advance: $2 plus 2.5% at NBC branches; $5 plus 2.5% at non-NBC banks

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MBNA
US ATM withdrawal: Not applicable
International ATM withdrawal: Not applicable
Debit card purchase: Not applicable
Credit card purchase: 2.5%
Credit card cash advance: 2.5% plus 1%

President's Choice Financial
US ATM withdrawal: $3 plus 2.5% of the currency conversion
International ATM withdrawal: $3 plus 2.5% of the currency conversion
Debit card purchase: Not available
Credit card purchase: 2.5%
Credit card cash advance: $5 plus 2.5% of the amount advanced

Royal Bank
US ATM withdrawal: $3
International ATM withdrawal: $5
Debit card purchase: $1 plus 2.5%
Credit card purchase: 2.5%
Credit card cash advance: $5 plus 2.5%

ScotiaBank
US ATM withdrawal: 2.5% at affiliated ATMs; $3 plus 2.5% at non-affiliated ATMs
International ATM withdrawal: 2.5% at affiliated ATMs; $5 plus 2.5% at non-affiliated ATMs
Debit card purchase: $1.50 plus 2.5% (US only)
Credit card purchase: 2.5%
Credit card cash advance: $5 plus 2.5%

TD Canada Trust
US ATM withdrawal: $5
International ATM withdrawal: $5
Debit card purchase: $3 plus 2.5% of exchange rate
Credit card purchase: 2%
Credit card cash advance: $2

Blake Eligh is a writer in Toronto.

-- Posted: July 7, 2008
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