What are the fees for using my debit card abroad?

When using a debit card abroad with Compass Bank, customers may incur several types of fees, which can vary based on the specific account and the nature of the transaction. Typically, there is a foreign transaction fee that may apply when making purchases in a foreign currency. This fee is generally a percentage of the transaction amount and is added to cover the costs associated with currency conversion and international processing. Additionally, when withdrawing cash from an ATM outside of the United States, there may be fees assessed by both the ATM operator and Compass Bank. The fees charged by the ATM operator can vary widely depending on the location and the bank it operates under. Moreover, Compass Bank might charge its own fee for the foreign ATM withdrawal, which is often separate from the foreign transaction fee. It is advisable for customers to review their account agreements for specific fee details or visit the Compass Bank website for the most current information. Understanding these potential fees can help customers plan their finances better while traveling abroad.