Colombian Peso exchange rate and related issues

[AddictedToWomen]

Thanks,

I found out that Citibank charges 3%

Don't know where you found that out from.

I use a citi card in citi ATM without %.

[Parcero]

Thanks,

I found out that Citibank charges 3% and Bof A charges 1%, so I guess I'll continue to use my BofA card. I heard Capitol one is a good card to use, but I don't want to open a new account. I do too much credit card churning to earn frequent flyer miles, and it stops them from accepting applications if they see too many other accounts opened.

One percent for B of A and five dollars per transaction.

[MiamiHeatLuver]

I believe if you put your money in Citi and redraw it from a Citi Bank you will get more Air Miles.

At least I have been getting extra miles for the last few years. Unless they have changed their policies recently.

You get miles withdrawing money?

And not charging things?

I don't think thats correct..

[El Minetero]

I have a debit card and credit card through Mechanics bank www.mechbank.com and they don't charge me any fees, foreign transaction or otherwise, nor do I pay any local bank fees. I'm living in Pereira, and mostly use Davivienda because I can get 400,000 at a time from the ATM, I've made withdrawals of 2,200,000 some days. There's a Citibank here, I can draw 2,000,000 from them, but it's a trip, Davivienda is an easy walk from my apartment.

El Minetero

[Av8r]

Thanks,

I found out that Citibank charges 3% and Bof A charges 1%, so I guess I'll continue to use my BofA card. I heard Capitol one is a good card to use, but I don't want to open a new account. I do too much credit card churning to earn frequent flyer miles, and it stops them from accepting applications if they see too many other accounts opened.

[World Travel 69]

I believe if you put your money in Citi and redraw it from a Citi Bank you will get more Air Miles.

At least I have been getting extra miles for the last few years. Unless they have changed their policies recently.

I just opened a Citibank Checking account to take advantage of the 20k AA airline miles. Would it be worth it to transfer my vacation money into it rather than use my Bank of America ATM?

[Justafool]

They do charge a fee for exchange unless you are Gold. If you are Gold they claim they will charge a fee for withdrawals from savings but not checking. I do not know this to be true since I only took from savings and they did not list any transactions fees.

Yes it would cause you won't pay a fee at their banks in Medellin.

[Neworlean]

The best card to use internationally is capitol one. Capitol one is the only ATM card and credit card that does not charge an international transaction. Assume you withdraw 1000 at Citibank, the international transaction fee is 3% or 30 buck. If you use a capitol one card and do 2 five hundred dollar withdrawals you would only at max pay 10 bucks. I am not exactly sure what the international transaction fee for each bank is because it varies from card to card however I do know that Capitol one is the only card that does not charge a transaction fee.

[Malodr]

I just opened a Citibank Checking account to take advantage of the 20k AA airline miles. Would it be worth it to transfer my vacation money into it rather than use my Bank of America ATM?

Yes it would cause you won't pay a fee at their banks in Medellin.

[MiamiHeatLuver]

I just opened a Citibank Checking account to take advantage of the 20k AA airline miles. Would it be worth it to transfer my vacation money into it rather than use my Bank of America ATM?

Im pretty sure Citi is charging 2% and an additonal foreign transaction fee.. which is only waived when you have a citigold savings account. What are BOA foreign transaction rates?

[Av8r]

I just opened a Citibank Checking account to take advantage of the 20k AA airline miles. Would it be worth it to transfer my vacation money into it rather than use my Bank of America ATM?

Citibank lets you take up to your daily limit of the card, I have withdrawn 1,000,000 in a single transaction.

[John Gault]

This is bullshit! Watched it fall from 2800 to 2000, and now I go to Medellin for 2 months. Whats up and any turn around? What do you guys think!

The dollar is going to keep falling as long as Washington thinks that printing money is the way to get out of problems that are not going away.

[AddictedToWomen]

This is bullshit! Watched it fall from 2800 to 2000, and now I go to Medellin for 2 months. Whats up and any turn around? What do you guys think!

Seems to be mainly a dollar collapse. Don't see that turning around for a while. My guess would be next near if Uribe doesn't get a 3rd term.

[AddictedToWomen]

I would not do that, no one wants the cash AND security will hound the shit out of you about how much money you are carrying. At least that was their only concern last time I went.

This is good advice: The repatriation of large amounts of cash from drug transactions is what the customs guys are looking for.

[Oh Ya Papi]

This is bullshit! Watched it fall from 2800 to 2000, and now I go to Medellin for 2 months. Whats up and any turn around? What do you guys think!