Re:Simple Bank Is Closing
by alexhutcheson on Thursday January 07, 2021 @07:38PM
(#25679735)
I managed to get my Schwab debit card eaten by ATMs twice in one trip once, and Schwab was able to quickly Fedex replacement cards to addresses I provided in Thailand and Hong Kong. It stopped my trip from turning into a big headache - I was really impressed.
This is the huge advantage of Schwab over other options I've explored, especially if you are a US citizen but work abroad as a digital nomad. I like CapitalOne, too, but they could not FedEx a replacement card to me when my card got eaten because of what they claimed was a security issue. Schwab could! Also, Schwab's customer service is top notch.
Most importantly, they do this (as well as priority mailing replacement cards) globally. I have yet to find another bank besides possibly Fidelity's checking account (?) that does this with no stated limit. It's invaluable for those who travel abroad to have access to local currencies with no hassles and a refund of all fees.