Replies: 27 - Last Post: Nov 11, 2012 7:48 PM Last Post By: sjaak327
Nov 8, 2012 2:34 AM
BANK CARDSCan a mastercard be used the same as a Visa card in ATM's in Thailand
Nov 8, 2012 3:40 AM
Nov 8, 2012 4:21 AM
2I have no problem with MasterCard in Thai ATM's. But remember to notify your bank that you will be overseas using their card. You have 2 limits on how much you can take out. First your bank will have a daily limit. If it is low adjust it up before you leave home. When you use a Thai ATM most can issue 10,000 baht at one time. A few ATM's allow 20,000 baht at one time but if your bank has a lower limit that's all you can get.
To use a Thai ATM there is a 150 baht fee. (Your bank may also impose additional fees.) Don't waste big fees on small withdrawal amounts. I like to make ATM withdrawals from ATM's where the parent bank is still open. That way if the card doesn't come back a bank employee can get it back for you.
Travelers checks well for THAILAND. The fee to cash a travelers check is only 33 baht. So compared to the fee to use an ATM this is very reasonable. Travelers checks also get a hair more in return than ordinary cash. Like with ATM withdrawals, don't mess around with small amounts. Bring the largest denominations you can get.
Aeon ATM's do not charge a fee. These ATM's are not as easy to find as bank ATM's. Some savings banks and credit unions in your country may pay for some of you ATM charges and also issue travelers checks without commission. I have a couple different credit union debit cards (US) and always get travelers checks without any charge.
Don't forget to tell your bank that you will be overseas or your withdrawal may be denied because of suspected fraud! Don't rely only on a single card for cash. For cheap purchases in restaurants, from street vendors, in stores for cheap items - always use cash! This lessens the chance of CC fraud. My MC debit cards work with a 4 digit pin number. I do not have chips in my cards - and i don't want them either!
Nov 8, 2012 4:54 AM
3Al, as often, your advice is excellent. I'm just curious.
Why don't you like the chip technology? Surely that's just another move towards protecting our credit cards, etc.
And when did a cheque become a check? (OK, it's a US vs the World thing. Time to go metric?).
My check/cheque book is now becoming obsolete. Everything can be done by EFT, either debit or credit.
Nov 8, 2012 5:38 AM
4Travellers cheques can come in very handy, when you just need to change $100, as mentioned above it's only a 33 baht fee, not 150.
ATM's can some times be down or have no more cash, a TC, or having some $US or Euros in cash on hand can also come in handy in a jam.
As for writing cheques, which is another topic - I still write cheques to pay my rent and for a few other things. Many things I do by internet. I don't see the point of discarding something that is practical, just because it's "old".
Some people think I'm a freak, because I don't have a smart phone, and can't access internet, thing is I don't need it.
But what I do need is a local sim card with a local number when I arrive so locals or myself don't get charged long distance charges :)
I always bring my debit card, which is with my bank, my visa and mastercard are separate. - so it's a mix of 3 cards, TC's & US$. But I rarely use credit card unless it's to book train or airplane tickets online.
Best to know what fees your bank charges before you leave.
Nov 8, 2012 6:21 AM
I find that almost every ATM I use in Bangkok has the option for 20,000 baht when selecting 'fast cash' or something similar. It is very, very common in my experience.
Nov 8, 2012 7:22 AM
Nov 8, 2012 7:32 AM
Nov 8, 2012 9:16 AM
"Why don't you like the chip technology? Surely that's just another move towards protecting our credit cards, etc."
I don't like the chip technology where you just wave your debit or credit card in front of a reader and your purchase is recorded. There are thieves out there who can use portable devices to read your credit card by standing near you. You don't even know that your number was compromised.
Nov 8, 2012 2:39 PM
9Don't forget to tell your bank that you will be overseas or your withdrawal may be denied because of suspected fraud!
That's not a good idea, by asking your bank to remove these security checks you leave yourself wide-open in the event of a real fraud. The checks are random and more often than not you will never even know about them but should your card be denied you just need to call the number provided. Far safer.
Nov 8, 2012 3:48 PM
10^^They aren't random at my US banks. They are standard. If I don't tell Charles Schwab I am going to be in Thailand, my card won't work. That's the end of the story. It's the same for Capital One.
Nov 8, 2012 7:51 PM
11Tc's for me are not the way to go, they require a bank, banks are not open 24h and are normally further afield than atm's.
MasterCard (at least in my country) incurs a hefty fee for atm withdrawals, my normal debit card doesn't.
By the way, I also dodge the 150 baht fee by going to Citybank (Asoke) whilst in Bkk.
Nov 9, 2012 4:24 AM
1210 - correct, I met a guy in Laos who's card didn't work in Laos, he had to leave, oddly it did work in Thailand.
I always inform my banks when I'm leaving, it's standard procedure.
Depending on your card, Citibank does charge fees.
One thing not to forget is good planning, always have cash (thai baht) with you, and don't wait until the last min. to go to withdraw cash. I've been on islands that don't have ATM's or banks.
Nov 9, 2012 4:30 AM
13@12, at least with my debit card, I am not charged by citybank nor my own bank, just as it was before they introduced the charge.
My bank actually by default disables atm withdrawal abroad, but simply lets you choose the countries where you do want to enable it via their online banking application, very handy.
Nov 9, 2012 4:41 AM
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