Camino de Santiago de Compostela
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peregrina2000 wrote: The albergue in the Sobrado monastery is donativo, or at least it was when I was there,
Most of the caminos are through rural areas where a credit card is not accepted. In the U.S. you can swipe your credit card at McDonalds for a three dollar purchase, but in Spain, I found a credit card was only accepted at hotels and a few merchants, and there is a 3% transaction fee with almost all credit cards. Using a credit card for a cash advance at an ATM may be the most expensive way to get cash. You pay for the loan, a transaction fee, and a transaction charge. An ATM withdrawal from your checking account will incur about a 4E transaction fee at the host bank in Spain, and a 3% transaction charge from your bank. It isn't free, but you get the official exchange rate rather than the buy/sell spread you see at airports. Making the maximum 300E withdrawal minimizes the host ATM fee, but leaves you with a wad of cash to protect. Other topics discuss keeping the cash safe, so go there for more information if you want it.MasterCard or VISA or their equivalents can be handier at times than a debit card
Homer-Dog wrote:Using the ATM machines is a must but don't forget about ATM fees. Being an American with a mid-sized local bank I was hit with a $5.00 fee every time I used an European ATM.
jeffnd wrote:Homer-Dog wrote:Using the ATM machines is a must but don't forget about ATM fees. Being an American with a mid-sized local bank I was hit with a $5.00 fee every time I used an European ATM.
That's actually not bad if that was the whole transaction fee. My old Wells Fargo account used to charge me like $3 to use an atm not owned by them. And that's on top of what the other bank charged for using their atm. Usually the whole transaction was about $5.
Dave2013 wrote:Vagabondette, which credit union do you use, I'm not sure that mine is that generous.
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