Fair enough. But if you wanted a card for the purpose of emergency cash withdrawal in foreign countries, I contend there are much better options -- you want a card with no FTF and CA fee. DCU and First Tech FCU's offerings come to mind, for example see this comment: https://www.doctorofcredit.com/odyssey-rewards-world-elite-mastercard-first-tech-fcu-review-30000-po...
On second thought, why even bother with cash advance when you can open a Schwab checking account and withdraw money from any ATM in the world without having to worry about fees? See below.
The Schwab investor checking account avoids any cash advance interest+fees altogether. They offer unlimited ATM fee reimbursement and charge no FTF for currency conversion. You can basically treat it as a truly portable bank account. See an IRL example here: https://www.tielandtothailand.com/charles-schwabs-foreign-atm-fee-refund/ (mods feel free to delete link if considered spam) Hell now *I'm* tempted to open an account. 
@arkane wrote:
Fair enough. But if you wanted a card for the purpose of emergency cash withdrawal in foreign countries, I contend there are much better options -- you want a card with no FTF and CA fee. DCU and First Tech FCU's offerings come to mind, for example see this comment:https://www.doctorofcredit.com/odyssey-rewards-world-elite-mastercard-first-tech-fcu-review-30000-po...
On second thought, why even bother with cash advance when you can open a Schwab checking account and withdraw money from any ATM in the world without having to worry about fees? See below.
The Schwab investor checking account avoids any cash advance interest+fees altogether. They offer unlimited ATM fee reimbursement and charge no FTF for currency conversion. You can basically treat it as a truly portable bank account. See an IRL example here: https://www.tielandtothailand.com/charles-schwabs-foreign-atm-fee-refund/ (mods feel free to delete link if considered spam) Hell now *I'm* tempted to open an account.
Fidelity has cash management accout its free a sp and no fees at any atms in or out of coutry . love mine just ach money into account as needed. with that said i rarely use cash maybe 100 every 3 months but nice if needed. imo fidelity one is less hassle
Yeah Fidelity's a better option if you don't want HP on EQ. That said you can get a $100 bonus for opening a Schwab account, and can reuse the same HP for their co-branded credit cards if you're into that at all.
In any case, I think it's fair to say nobody should ever use cash advance for international travelling given the existence of these two options.
@arkane wrote:I guess I just can't fathom any scenario outside of some less than kosher ones and maybe paying for certain uhhh, not entirely legitimate services where one would have to tap into the CA line istead of putting the charge on the card itself.
Funny that..
In my 90s college Comp Sci class... there was an article about datamining and ATMs...... discussing how some bank noticed a high rate of withdrawals in the wee hours of the morning on one particular ATM location... and had problems with the ATM running dry... And as the textbook stated.. Some bank somewhere knows who paid a ..... last night =)
I could see trying to have Disco set it to 100.. Wonder if it would interfere with cashover if the CA limit is set to 0... Yes i know thats the perk with Cashover but i could see it having an impact even though cashover is not a cash advance...
If i ever needed a Cash Advance... Id hit my CU card.... Many CU cards have no fee CAs... (but interest starts accruing immediately)
If i needed just a little cash, id cashover....
You actually can save money on gas (if your not using a rewards card) by doing a cashover and paying the cash price around here for gas...
@UncleB wrote:
@arkane wrote:Yeah Fidelity's a better option if you don't want HP on EQ. That said you can get a $100 bonus for opening a Schwab account, and can reuse the same HP for their co-branded credit cards if you're into that at all.
In any case, I think it's fair to say nobody should ever use cash advance for international travelling given the existence of these two options.
Are you certain the Schwab HP can be reused for a credit card?
I would expect the HP to open the brokerage account to be from Schwab, and the HP (if any) for a credit card to be from American Express (Centurion Bank) since they are the issuer of the Schwab Investor card and the Schwab Platinum card.
Ah yes you're right I think I got this mixed up.
Here is a better way, if you have a offer for balance transfer with discover you can deposit the money directly to your checking account, the fee is 3%, PayPal is 2.7% not a big difference!!
