AFB_CF_2018
New Member
- Time of past OR future Camino
- Newbie. Walking CN June/July 2018.
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I can attest to that. After being pickpocketed in Madrid before I started my first Camino two years ago, Schwab sent me another card to a pensión that I had a reservation at.It also looks like Schwab is easily reached and will get a replacement card to me ASAP, even in another country.
For me, it was Barcelona. Schwab was the only one of my three banks that was at all helpful. I money at the Correos the next day. The U.S. consulate was as useful as the proverbial teats on a boar.After being pickpocketed in Madrid
I just brought my bank card and two credit cards and keep them in separate locations. It is unlikely you will lose or all three will be stolen. If your bank card fails or is lost you can always get a cash advance from your credit cards.Hi all- wondering if anyone in the States has any leads on where I can open an account that won't charge me to withdraw money on the camino AND that will give me two duplicate cards (one as a backup). I just closed my Capital One accounts because they were unable to give me two identical cards. I don't care if it's a chip card or not. Just want two identical cards and minimal fees. I'e heard people say they take two as a back up. Does that mean two separate accounts or two identical cards for withdrawing money.
For me, it was Barcelona.
Wallet in hip pocket after dinner.where were your cards taken from
I asked an account representative at Charles Schwab about obtaining two debit cards rather than just one. He said that it isn't policy to issue two debit cards, unless there are two people on that account. Then a debit card is issued to each person, but the debit card numbers will be different by one digit, and the name on the cards will match those of each account holder.
That has also been the policy at my primary bank, and at a previous bank to which I had an account prior to having my Chase account.
Schwab's account is free with no minimum balance requirement. It pays 0.20% interest on any account balance. There is no foreign exchange fees, no foreign transaction fees, and all ATM transaction fees -- at any ATM -- are automatically reimbursed back into the account.
No strings, no fine print; the account is free. Nada, zip, zero, nothing.
In case I lose the Schwab card, I do carry my primary bank's debit card as well. I also carry one credit card. It also looks like Schwab is easily reached and will get a replacement card to me ASAP, even in another country.
The Schwab card is indeed a good deal for pilgrims. HOWEVER, the fine print does point out that you must have a minimum USD $1,000 balance in the account to have all these benefits
Evidently, I misspoke. My bad.
I just re-read the very fine print at the bottom of the page you linked to above. While the term "minimum balance does appear 3 or 4 times, in each case, it clearly states that neither the brokerage account, nor the high-yield checking account have a minimum balance requirement or, in the case of the brokerage account, a funding requirement.
So, it does appear to be a perfect solution. In my case, I plan to set up a regular pattern or automatic deposits from my main bank this account to have funds on hand for travel expenses. I regard it as enforced savings for future Camino activity.
If anyone else reports differently, I should like to hear about it. One imagines that enough people maintain some balance so they are not singled out for the ire of the company. They have to make money on this somewhere, somehow...
I regret any misinformation. Hope this clarifies.
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