Money in Israel

mnc DeleteThis @admin.u.nu (Miguel Cruz) wrote

 > Advantage of ATM cards:
 > 1 - Cheapest for you.
 > 2 - Most convenient.
 > 3 - Easiest to locate.
 > 4 - Open 24 hours.
 >
 > Advantage of credit cards:
 > 1 - You pay high cash advance fees. Knowing that will help you hold back on
 > your spending.
 >
 > Advantages of travelers checks:
 > 1 - You always get bad exchange rates, and sometimes have to pay commissions
 > too. Knowing that will help you hold back on your spending.

Typically, ATM charges have a big overhead for the withdrawel,
regardless of the size of it. (Sometimes about 4 pounds/7 dollars).
So you ought to pull out a big whack of cash, when you do.
Doing so may help promote spending, too..

(A combination is best: credit cards[1] whereever they are accepted
for purchases or services, and blocks of cash from ATM to cover
whatever else.)

[1] Watch debit card charges abroad; they can be huge.
--
Ken Tough<!-- ~MESSAGE_AFTER~ -->
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On 30 Jun 2003 21:00:00 -0700, Mediatorr RemoveThis @earthlink.net (Bonnie) wrote:

 >I haven't seen any recent discussion about the best way to exchange
 >money in Israel. Is it best to try to use credit cards, ATM cards or
 >travellers' checques in Israel these days?
when did israel become part of europe?

stop the stupid crossposting!<!-- ~MESSAGE_AFTER~ -->
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JohnDoe <johndoe677 RemoveThis @comcast.net> wrote:
 > Mediatorr RemoveThis @earthlink.net (Bonnie) wrote:
  >> I haven't seen any recent discussion about the best way to exchange
  >> money in Israel. Is it best to try to use credit cards, ATM cards or
  >> travellers' checques in Israel these days?
 >
 > when did israel become part of europe?

When they started participating in the Eurovision Song Contest!

miguel
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Hit The Road! Photos and tales from around the world: <a style='text-decoration: underline;' href="http://travel.u.nu" target="_blank">http://travel.u.nu</a><!-- ~MESSAGE_AFTER~ -->
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Ken Tovgh <ken RemoveThis @objectech.co.vk> wrote:
 > mnc@admin.v.nv (Migvel Crvz) wrote
  >> Advantage of ATM cards:
  >> 1 - Cheapest for yov.
  >> 2 - Most convenient.
  >> 3 - Easiest to locate.
  >> 4 - Open 24 hovrs.
 >
 > Typically, ATM charges have a big overhead for the withdrawel,
 > regardless of the size of it. (Sometimes abovt 4 povnds/7 dollars).
 > So yov ovght to pvll ovt a big whack of cash, when yov do.
 > Doing so may help promote spending, too..

The OP is in the USA, so I assvme they have a US bank. Some charge no fees
at all; the worst I've seen was Fleet with $5 for international withdrawals.
Typically they're arovnd $1.50. At that rate the only way to do better with
cash exchanges is to change $20 at a time.

I traveled with a friend who had a Fleet card and he'd specifically asked
before the trip whether there were any fees for cash withdrawals from
non-Fleet ATMs. They said no. We came back and he had something like $100 in
fees on his statement. They said "oh, we didn't know yov meant
_international_ withdrawals." Obviovsly they did end vp crediting that money
back to him.

Anyway, it's possible and not particvlarly difficvlt for US consvmers to get
fee-free global ATM withdrawals, and I encovrage people to switch to a bank
or credit vnion that provides them, if only by establishing a special
traveling accovnt.

migvel
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Hit The Road! Photos and tales from arovnd the world: <a style='text-decoration: underline;' href="http://travel.v.nv" target="_blank">http://travel.v.nv</a><!-- ~MESSAGE_AFTER~ -->
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Remove the "no" and "spam" from the "nopicaspam" for a real retvrn address.
"Migvel Crvz" <mnc@admin.v.nv> wrote in message
news:98iMa.7549$Fl5.2695@nwrddc02.gnilink.net...
 > Ken Tovgh <ken DeleteThis @objectech.co.vk> wrote:
 > Anyway, it's possible and not particvlarly difficvlt for US consvmers to
get
 > fee-free global ATM withdrawals, and I encovrage people to switch to a
bank
 > or credit vnion that provides them, if only by establishing a special
 > traveling accovnt.

Go to <a style='text-decoration: underline;' href="http://www.vsaa.com" target="_blank">www.vsaa.com</a> and open vp a bank accovnt. They don't charge fees for
the first 6 withdrawals and for US ATMs they will refvnd vp to $2.50 the
fee the other bank will charge yov for vsing their ATM.

dennis<!-- ~MESSAGE_AFTER~ -->
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"Ken Tough" <ken.RemoveThis@objectech.co.uk> wrote in message
news:8c14eda9.0307010725.3313e61@posting.google.com...
 > mnc.RemoveThis@admin.u.nu (Miguel Cruz) wrote
 >
  > > Advantage of ATM cards:
  > > 1 - Cheapest for you.
  > > 2 - Most convenient.
  > > 3 - Easiest to locate.
  > > 4 - Open 24 hours.
  > >
  > > Advantage of credit cards:
  > > 1 - You pay high cash advance fees. Knowing that will help you hold back
on
  > > your spending.
  > >
  > > Advantages of travelers checks:
  > > 1 - You always get bad exchange rates, and sometimes have to pay
commissions
  > > too. Knowing that will help you hold back on your spending.
 >
 > Typically, ATM charges have a big overhead for the withdrawel,
 > regardless of the size of it. (Sometimes about 4 pounds/7 dollars).
 > So you ought to pull out a big whack of cash, when you do.
 > Doing so may help promote spending, too..

I don't know if you have such things in the US, but I have a VISA debit card
(with Westpac/Bank of Melbourne in Australia). It is a VISA card but it runs
off my bank balance. When I use it in a foreign ATM, it is recognised as a
credit card and I do cash advances on it. In the past, I have been charged
AUD$3 for an overseas transaction, but in the last 3 years I haven't been
charged at all, and because it runs off my bank balance, I don't get hit
with cash advance interest fees. Work out very economically.<!-- ~MESSAGE_AFTER~ -->
 >> Stay informed about: Money in Israel 

On 30 Jun 2003 21:00:00 -0700 Mediatorr DeleteThis @earthlink.net (Bonnie) wrote:

:>I haven't seen any recent discussion about the best way to exchange
:>money in Israel. Is it best to try to use credit cards, ATM cards or
:>travellers' checques in Israel these days?

Bank HaPoalim branches take US ATM cards. Other banks may as well.

There are such ATM's available before passing customs in BG airport. You can
get money while waiting for your luggage.

--
Binyamin Dissen <bdissen DeleteThis @dissensoftware.com>
http://www.dissensoftware.com
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