![]() Banks with contactless debit cards received a leg-up in this article. Contactless debit card: Contactless payments are on the rise in the U.S., but they're especially important abroad.Mobile wallet support: You'll want a bank account whose debit card you can use with Apple Pay, Google Pay or another popular mobile wallet.You'll want an account that's easy to restrict if need be - namely, you want to be able to disable your debit card from the mobile app. Lockdown-ability: Unfortunately, traveling can make you the victim of fraud.We'll use the Apple App Store rating to assist with this metric. You'll want a bank with a solid online experience that you can use to manage your account, pay bills and move money. Mobile and online banking experience: Traveling means being away from home - and likely your bank branch.These can range from 0% to 5% depending on the bank, and we only recommend going with an account on the low-end of the spectrum. Debit card foreign transaction fees: These fees are charged when you make a debit card transaction in a foreign currency.We focused on finding banks with either no monthly fees or monthly fees that were easy to waive. Monthly fees: Just because you're a traveler doesn't mean you should be subject to a monthly maintenance fee.You'll want an account that reimburses these, so you don't have to think twice before using an ATM from a different bank. ATM fee reimbursements: Private ATMs and foreign banks often charge fees when you withdraw money.Number of ATMs: When traveling domestically, you'll want access to a large network of ATMs where you can withdraw money for free. ![]() ![]() Here's a look at the criteria we kept in mind as we looked for the best banks for travelers: These can make all the difference when you're traveling for work or pleasure and may even save you money at the same time. When you're on the road, you want a bank that offers low fees, a great online experience and access to a large network of ATMs. (Photo by Clint Henderson/The Points Guy)Īs a frequent traveler, there are a couple of important things to consider when picking a bank. Then, I'll introduce you to the three banks that stood out the most.įor more TPG news delivered each morning to your inbox, sign up for our daily newsletter. In the article below, I'll discuss the criteria we used to find the best travel banks. In the end, there was one clear winner and two solid runner-ups. We then set our own criteria for what a good travel bank should offer and sifted through the data to find what we consider to be the best banks for travelers. and breaks its findings down into different categories, such as Best Big Bank, Best Regional Bank and others.īankrate gave us all its data, and we've looked through it to find the best banks for travelers in 2021. Bankrate publishes an annual study on the best banks in the U.S. ![]() ![]() To help you find the best bank for your travel needs, we teamed up with our sister website, Bankrate, to help you find the best bank for your travel needs. Foreign transaction fees can add up, and some banks will add hefty withdrawal fees at foreign ATMs. Do you want access to fee-free ATMs around the world? What about a premium mobile-banking experience? And if you mostly travel abroad, you'll want to keep fees in mind too. You'll want to start by looking at your banking needs. But with so many choices out there, how do you find the right checking account for your travel style and lifestyle as a whole? Having the right bank can help you save money and give you more flexibility in managing your money when you're on the road. But did you know that picking the right bank account can be just as important? If you're an avid TPG reader, you already know that credit cards are an integral part of travel. Update: Some offers mentioned below are no longer available. ![]()
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