u/ovoadonis

Exchange rates

Hello,

I’m travelling around Europe this summer and I’ll be using the Wealthsimple prepaid Mastercard. I was wondering if I withdraw euros from an ATM, does Wealthsimple cover the currency exchange fees, or do I still pay a conversion fee? Even at an airport, do I get some sort of better rate with this card? I know some cards use the Mastercard exchange rate with no FX markup, but I’m not sure if that also applies to cash withdrawals.

If anyone has experience using it in Europe, I’d appreciate any insight!

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u/ovoadonis — 9 hours ago