Just wondering if we can use a Citibank Plus card, or possibly a 28 Degree card to make a cash withdrawl from an international Eftpos location (for example, at a supermarket). If so, would it attract a fee?
International EFTPOS Cash Withdrawl. Can It Be Done?
tunzafun001 on 02/02/2016 - 13:04
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No, because the EFTPOS system is only in Australia. Other countries have similar card/bank systems, but not the same. If you had an older-style EFTPOS/ATM only card it wouldn't work at a supermarket overseas at all. Since your card is also linked to the Credit Card networks, you can get money internationally through the credit card "cash advance" feature at a suitable ATM, which may or may not attract fees depending on your bank/card issuer and the ATM. You can also pay with it through the "credit" feature, but there's no EFTPOS-style "cash out" with purchase feature on the credit card networks.
Cheers Lupiter, very thorough.
GE Money / 28 Degrees put up a post suggesting using Casino's as a possible international cash pathway. Ie. purchase $200 in chips on credit, then cash in the chips. However, I'm sure the casino's would charge something…
I think they pretty much work anywhere that accepts VISA and I'd assume the store accepts any involved fee's. Citibank won't charge you for currency conversion on their end.
Well I know a French person who tried to do it at Coles here in Australia with her French card and it didn't allow her to do it.