ATM fees for cash withdrawls in Switzerland

Short summary – read this first

A traveler is looking for information about ATM withdrawal fees at Zurich airport, specifically what additional charges may apply on top of their bank's $5 fee. They believe withdrawing Swiss francs from an ATM is the most economical way to get local currency and are seeking alternative, cheaper methods.

Key takeaways:
  • Check with your bank about specific withdrawal fees, as they can vary.
  • Using a card that offers no international transaction fees, like some debit or credit cards, can save you money.
  • ATMs in Switzerland are widely available, including at the airport, making it easy to withdraw cash.
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InfoAI-generated summary
  • Anonymous
    Inactive
    83503 posts
    28 April 2019 at 18:58:41 #821299

    Does anyone know what fees are assessed by a bank ATM in the Zurich airport? My bank in the US charges a flat $5.00 fee regardless of the amount withdrawn but I can’t find what the additional fees are for withdrawing money from the airport ATM. Based on research, it seems withdrawing Swiss francs from an ATM in Switzerland is the cheapest way to get local currency. If anyone know of a more economical way, please advise.

  • CabinJon
    Participant
    294 posts
    Reply 1 of 4 • 28 April 2019 at 19:32:11 #910793

    Last October I used a bank ATM at the Zurich airport to get Swiss francs. My bank charged me a $5 flat fee, plus a 3% international transaction fee.

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    User
    Inactive
    83503 posts
    Reply 2 of 4 • 29 April 2019 at 3:28:22 #910794

    What you get charged depends on what your bank charges. I think you will have to ask them.

    I have a citibank plus everyday account with a card and I can withdraw cash from any citibank ATM or any affiliated ATMs anywhere in the world with no charges. I have to look up the list of ATMs but there are a massive number of affiliated ATMs world wide (as far in the world as I have been anyway) so I never have a problem. Their exchange rate is great.

    I have a 28 degrees credit card which I can use as a credit card anywhere in the world and there are no charges or transactions fees. There is an inbuilt currency conversion but the exchange rate is excellent and there really are no extra charges. I’ve compared it to other cards and it really does work out exceptionally well.

    I am in Australia but I think you can get both these cards in the US as well.

    User
    Inactive
    83503 posts
    Reply 3 of 4 • 29 April 2019 at 7:36:23 #910795

    I have a CapitalOne 360 debit/credit card. I can use that anywhere without fees of any kind, including Europe. I have other cards, but use that one exclusively in Europe for that reason. I have not had one attempt to use it refused even though the card website did not show a single ATM in Czech Republic where I have been. The fees add up, so get a card that never charges fees.

    User
    Inactive
    83503 posts
    Reply 4 of 4 • 29 April 2019 at 15:05:55 #910796

    Hello Kame63,

    I also think that the fees charged for withdraws in foreign countries depends on your bank and not the country you’re visiting.

    There are ATMs practically everywhere in Switzerland. At the Airport you will also find more than one to withdraw cash. Changing your currency from cash into Swiss Francs is of course always an option, but this means you carry quite some cash on you.

    http://www.myswissalps.com/sw issfranc
    http://www.myswissalps.com/ai rports/zurich

    Best,
    Steph

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