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Old 09-19-2011, 08:39 PM
 
Location: NE Pennsylvania
34 posts, read 21,503 times
Reputation: 17
Quote:
Originally Posted by stewnsue View Post
Sounds like the banks and the credit card companies are making out like bandits!
I used to work for Wells Fargo in their credit card customer service and, I can say with all confidence, YES, they ARE making out like bandits!
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Old 09-20-2011, 07:58 AM
 
3,649 posts, read 3,804,796 times
Reputation: 1585
Quote:
Originally Posted by joie_de_vivre View Post
I used to work for Wells Fargo in their credit card customer service and, I can say with all confidence, YES, they ARE making out like bandits!

I've never known a bank to NOT make out like a bandit. Where else can a business lose $2b+ over the course of 6 months and not realize it.... AND still might be able to declare a PROFIT. (UBS)

Ohh and check the exhange rates, USDCAD is almost at parity ($1 US = $1 CAD)

But the consumers are to blame, we like our plastic. (I am in this boat too)... If we all said, forget it, we will just take cash -- then they would be out of business.
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Old 09-20-2011, 08:58 AM
 
3,295 posts, read 7,117,201 times
Reputation: 1334
Quote:
Originally Posted by bthorn31 View Post
I had made the mistake of traveling with travelers checks, not every place in Canada would take them and when I went to the bank to exchange them, I had to pay a fee. I really lost money on that whole deal, but live and learn. Also, I was able to take money from an ATM in Canada, but was charged an extra fee.

Good luck and enjoy the travel. It's a wonderful adventure! I think I will do it again next summer.
Traveler's checks have gone the way of the do do bird.
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