Feb 24, 2012, 3:08 PM
Post #10 of 44
Hi RickS; We have something in common. We have a Camry Hybrid (a different year). Good gas mileage, but not so good on topes :)
Anyway, we opened a Scotia Canada account in 2010 just for Mexico and other travelling, and itīs been wonderful. We can withdraw from Scotia Mexico and Bank of America with no fees (except, for, as you say the hidden charges of exchange). If anybody is interested, you can see the list of worldwide banks that are covered by Scotia, and for which your BofA card will work by googling Global ATM alliance. And BofA customers also have a relationship with Santander. Lucky! We Scotia Canada customers donīt have that, but, oh well, canīt be greedy :)
For anyone interested, if you have a Scotia Mexico account, you can also take advantage of no fees within the Global ATM alliance should you travel to the US or Canada (or other countries) using the participating ATMs in those countries with your Scotia Mexico card.
I just love being able to withdraw any amount I want from my Canadian account any time I want without worrying about transaction fees. And, no, I do not believe this particular Alliance will disappear (canīt speak for the one with Santander).
Also, at least in Canada, we can open an account with no fees if one of us (a couple) is 60 years or older. Not me of course....