Buzz
Using ATM cards for spending, payments, and personal financial management is no longer unfamiliar to many. However, with various fees imposed by banks (account maintenance fees, annual fees, ATM withdrawal fees, etc.), the cost of using ATM cards is increasing.
To reduce these fees, most people will seek out banks that offer fee-free ATM cards, with many benefits for customers. If you share this thought, then the compiled article summarizing the list of banks offering fee-free ATM cards below will be very helpful for you.
I. Which banks offer fee-free ATM cards?
Based on our research and evaluation of banks in the group of commercial banks in Vietnam (Vietcombank, BIDV, Sacombank, Techcombank, DongAbank,...), we have compiled a list of banks offering fee-free ATM cards as follows:
1. Banks offering fee-free domestic ATM cards
Domestic ATM cards (or domestic debit cards) are cards issued by banks to serve the needs of cash withdrawal at ATMs, payments, expenses,... within a certain national scope. With domestic ATM cards, you can only spend the amount available in your card account and cannot use the card to make international payments.
Currently, most banks offer free domestic ATM card issuance for certain types of cards based on customer needs. Account balances, card maintenance fees are specified differently among banks. Specifically as follows:
List of banks offering fee-free ATM card issuance (domestic cards) for customers in 2021
2. Banks offering fee-free international ATM cards
International ATM cards (or international debit cards, international payment cards) are cards issued to serve consumer spending, payment needs,... internationally. Common with Mastercard, Visa, JCB debit cards,..., international ATM cards are very useful for customers who regularly use online bill payment services, travel for business, travel abroad,...
- Read more: What is an international debit card?
If you need to open an international debit card for use, you can refer to the list of banks issuing fee-free international ATM cards below
Details of banks issuing fee-free international debit cards in 2021
3. Banks offering fee-free credit cards
Most banks have regulations on credit limits on ATM cards (Provide income proof) for each customer group, characteristic of spending first and paying later. However, the fees for issuing credit ATM cards are waived by most banks. Specifically as follows.
List of banks offering fee-free ATM card issuance, banks offering fee-free credit card issuance in 2021
- Read more: What is a credit card?
4. Banks offering fee-free prepaid ATM cards
Alongside debit and credit cards, some banks also issue prepaid cards and offer free card issuance to customers.
List of banks offering free prepaid card issuance in 2021
II. Things to consider when getting an ATM card from any bank?
- When choosing a bank for an ATM card, you're not just interested in banks that offer free card issuance. Besides the card issuance fee, ATM fees also include many other types of fees such as account maintenance fees, annual fees, minimum balance requirements, withdrawal fees, etc. To find the best bank for opening an ATM card, you should compare overall card fees, card service quality (non-term deposit interest rates on the card, cash withdrawal limits, etc.), and choose the best ATM card bank for yourself. To simplify the comparison of ATM cards from different banks, readers should refer to our article on which bank's ATM should you use.
- Read more: Which bank's ATM should you use
- Not only focusing on card fees, to choose the best bank for an ATM card, you also need to consider the bank's reputation, security, transaction information safety on the card, the bank's service provision capability (instant card issuance, online registration),...
The information above must have helped you find the accurate answer to the question 'Which bank offers fee-free ATM cards', right? Everyone has different card usage needs, so rely on your actual card usage needs, payment habits, and personal spending to choose the most useful, cost-saving ATM card for yourself.
