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Submission + - Capital One Leaves International Customers Unable to Use their new ATM cards (capitalone.com)

n0w0rries writes: Just a heads up to any Capital One customers who travel internationally. I got a new Capital One ATM card in August, and they've switched networks. I live full time in Mexico, and their ATM card no longer works at BanBanjio, Santander, or HSBC. I have not found a bank it works at yet. Because they acquired Discover, they are using their network and have removed the Visa or Mastercard symbol and associated networks, likely to save on bank fees. The new cards only work with Discover, Diners Club, and Pulse.
When traveling, the most cost effective way to get your USD to the local currency is to use local bank ATM machines. Bringing cash is problematic, you usually get screwed on the rate, there are limits due to money launderers, and usually there are more hoops to jump through, like requiring your passport or other documentation.
#capitalone #santander #hsbc #banbanjio

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