When traveling to Calgary, whether for business or leisure, accessing cash is often necessary. Fortunately, the city offers a wide range of ATMs that cater to both local and international cardholders. However, using ATMs in a new country can come with its own set of challenges. In this guide, we provide top tips for travelers using ATMs in Calgary to help you navigate the process safely, avoid unnecessary fees, and ensure a smooth cash withdrawal experience.
1. Know Your Bank’s Fees and Policies Before You Travel
One of the most crucial steps before using an ATM abroad is understanding the fees associated with using your bank card internationally. Depending on your home bank, withdrawing cash from an ATM in Calgary could incur various fees, including:
-
Foreign transaction fees: Banks often charge a fee for processing transactions outside of your home country. This can range from 1% to 3% of the withdrawal amount.
-
ATM withdrawal fees: Your bank may charge an additional fee for using an ATM outside of their network, which can vary from $2 to $5 per transaction.
-
Currency conversion fees: Some banks impose a conversion fee when exchanging your home currency into Canadian dollars.
To avoid unpleasant surprises, contact your bank or credit card company before traveling to inquire about any international fees and their policy on using foreign ATMs. Additionally, some banks offer special travel cards or accounts with reduced fees for international withdrawals.
2. Use ATMs That Are Part of Global Networks
To increase your chances of avoiding additional fees, it’s important to use ATMs that are part of global networks, such as:
-
Visa Plus
-
MasterCard Cirrus
-
Interac
-
Plus Network
-
Maestro
These networks are recognized internationally, meaning your card will likely be compatible with most ATMs in Calgary. It’s also a good idea to choose ATMs located in bank branches, as these tend to be more secure and often have lower fees compared to standalone machines.
3. Check the ATM for International Card Compatibility
Not all ATMs in Calgary are compatible with international cards. While major banks like RBC, TD Canada Trust, Scotiabank, and BMO offer ATMs that accept foreign debit and credit cards, some smaller, independent machines might not support international networks.
When searching for an ATM, look for signs indicating which networks the machine supports. This can often be found near the card insertion slot or on the screen, showing logos for networks like Visa, MasterCard, or Plus. If you’re unsure, it’s a good idea to use ATMs located inside bank branches, which are more likely to offer international compatibility.
4. Avoid Using Standalone ATMs in Unsecure Locations
When withdrawing cash in Calgary, prioritize using ATMs located within bank branches, shopping centers, or high-traffic areas. These ATMs are more secure as they are monitored by security personnel or cameras. In contrast, standalone ATMs, especially those found in poorly lit or isolated areas, may pose a higher risk for fraud or theft.
Additionally, ensure the ATM is located in a well-populated area. Avoid using ATMs at night or in areas that feel unsafe, such as alleyways or quiet neighborhoods. Opt for ATMs inside busy locations like malls, grocery stores, or popular tourist spots.
5. Be Cautious About Skimming Devices
Skimming devices are tools that criminals attach to ATMs to steal your card information. While most ATMs in Calgary are secure, it’s important to stay vigilant and check for any unusual attachments on the machine before inserting your card. Look for anything that seems out of place, such as a loose card reader or strange devices on the keypad.
If something looks suspicious, avoid using the machine and report it to the bank. Also, always cover the keypad when entering your PIN to protect it from any hidden cameras.
6. Set a Withdrawal Limit for Security
Many banks allow you to set daily withdrawal limits on your bank card. If you plan to use your card frequently during your stay in Calgary, consider adjusting your daily withdrawal limit to suit your needs. This added security measure ensures that, in case your card is lost or stolen, the potential financial damage is minimized.
Once in Calgary, be mindful of your daily spending and how much cash you need to withdraw. Withdrawing large amounts at once can be risky, especially if you’re traveling to unfamiliar locations. Instead, make several smaller withdrawals as needed, so you’re not carrying too much cash at once.
7. Keep an Eye on ATM Fees
ATMs in Calgary, especially those outside bank branches, often charge a fee for using an international card. These fees are typically between $3 and $5 per transaction, in addition to any fees your home bank may charge. To minimize these fees:
-
Use bank-affiliated ATMs: Banks like RBC, TD, Scotiabank, and BMO offer ATM Calgary machines that are likely to have lower fees than standalone machines.
-
Withdraw larger sums: Instead of withdrawing small amounts multiple times, consider making fewer, larger withdrawals to reduce the number of fees you incur.
-
Look for fee-free ATMs: Some ATMs, such as those in Scotiabank (through the Global ATM Alliance), allow fee-free access for certain international cardholders. Check with your home bank to see if you qualify for fee waivers at specific ATM networks.
8. Understand the Currency Exchange Process
When using an ATM in Calgary, you’ll be withdrawing Canadian dollars (CAD). Some ATMs may offer to convert your home currency to Canadian dollars, but this conversion often comes with high exchange rates and additional fees. It’s usually better to allow your home bank to handle the currency exchange, as they may offer better rates.
Before withdrawing, check your bank’s exchange rate to understand how much money you’ll actually be getting when you convert your funds to Canadian dollars. Also, keep in mind that currency conversion fees are common when using foreign cards at Canadian ATMs.
9. Have a Backup Plan for Accessing Cash
Although Calgary’s ATM network is vast and accessible, technology glitches can sometimes occur. If you find yourself unable to access funds from a particular machine, here are some alternatives:
-
Use credit cards: Many stores, hotels, and restaurants in Calgary accept major international credit cards like Visa and MasterCard, which can help reduce your need for cash.
-
Visit a local branch: If you’re unable to withdraw cash from an ATM, visit a bank branch in person to request a cash advance or ask about other withdrawal options. Be aware that cash advances from credit cards often come with high fees and interest rates.
10. Monitor Your Transactions and Keep Receipts
It’s essential to keep track of your ATM transactions to avoid errors and fraud. When withdrawing cash, keep the receipt to verify the amount and check your bank statement regularly to ensure there are no unauthorized transactions.
If you notice any discrepancies or suspicious charges on your account, contact your bank immediately to report the issue. Most Canadian banks offer 24/7 customer support to assist with fraud or card-related issues.
11. Safety Tips for Using ATMs in Calgary
Finally, when using ATMs in Calgary, prioritize safety by following these tips:
-
Stay alert: Always be aware of your surroundings when using an ATM, especially if you are withdrawing cash in a busy area.
-
Use the ATM during daylight: If possible, use ATMs during the day when visibility is better and more people are around.
-
Don’t accept help from strangers: If someone offers assistance at an ATM, politely decline. Criminals often use this tactic to distract you while stealing your card or PIN.
Conclusion
Using ATMs in Calgary as a traveler can be a seamless experience if you follow the right precautions. By understanding fees, using secure machines, and monitoring your transactions, you can safely access the cash you need during your trip. Always remember to use ATMs located in well-lit, high-traffic areas, and never hesitate to contact your bank if you encounter any issues. With these tips in mind, you’ll be well-equipped to navigate Calgary’s ATM network with confidence and ease.
