ATM Cash Withdrawal in Japan

[oceanicmanta]

Tried using Seven Bank ATM to withdraw JPY at 7-11 Osaka and was informed at ATM that a fee of JPY 110 applies for JPY 10k withdrawal n JPY220 for 20k withdrawal.

Was testing with Trust Bank Debit card. I did not proceed.

Hope others can share experience n info ...

 

[angcsbenny]

Used revolut and no fees for first sgd350 equivalent of withdrawal.

Used youtrip and withdrawal fee of sgd5 for a limit of 100k per transaction

 

[oceanicmanta]

Used revolut and no fees for first sgd350 equivalent of withdrawal.

Used youtrip and withdrawal fee of sgd5 for a limit of 100k per transaction

Sorry if not clear ... I was referring to overseas ATM fees.

 

[wwenze]

Well that's pretty cheap. In USA it costs USD$3 to use ATM to withdraw from a bank that isn't from the same bank network.

 

[angcsbenny]

Sorry if not clear ... I was referring to overseas ATM fees.

There is no overseas ATM fee for revolut or youtrip only the sgd5 fee as I had mentioned.

 

[Ruriel]

There is no overseas ATM fee for revolut or youtrip only the sgd5 fee as I had mentioned.

All JP ATMs will charge a fee to withdraw money, doesn't matter which card you use. Even use JP banks' issued ATM card oso will incur a fee. You sure revolut or youtrip don't need?

 

[angcsbenny]

All JP ATMs will charge a fee to withdraw money, doesn't matter which card you use. Even use JP banks' issued ATM card oso will incur a fee. You sure revolut or youtrip don't need?

Not sure how many times I need to confirm in this thread.

There are no ATM fees charged for withdrawing from 7 atm using revolut for the first sgd350 each month.

There is only sgd5 withdrawal fee charged in jpy using youtrip capped at 100k jpy per transaction.

Screenshot for you trip below

https://1drv.ms/u/s!AmtGcHUX1jyOsCYZAJxGZ9uEOri3

 

[Ruriel]

Not sure how many times I need to confirm in this thread.

There are no ATM fees charged for withdrawing from 7 atm using revolut for the first sgd350 each month.

There is only sgd5 withdrawal fee charged in jpy using youtrip capped at 100k jpy per transaction.

Screenshot for you trip below

https://1drv.ms/u/s!AmtGcHUX1jyOsCYZAJxGZ9uEOri3

Ya, coz very hard to imagine JP issued cards need a fee yet specific overseas card don't need ma lol.

Thanks for the confirmation!

 

[oceanicmanta]

Not sure how many times I need to confirm in this thread.

There are no ATM fees charged for withdrawing from 7 atm using revolut for the first sgd350 each month.

There is only sgd5 withdrawal fee charged in jpy using youtrip capped at 100k jpy per transaction.

Screenshot for you trip below

https://1drv.ms/u/s!AmtGcHUX1jyOsCYZAJxGZ9uEOri3

When I was at the ATM, the machine informs me there will b a 110/220 fee for withdrawal and asks if I agree ... Did u recall seeing this message ?

 

[twosix]

When I was at the ATM, the machine informs me there will b a 110/220 fee for withdrawal and asks if I agree ... Did u recall seeing this message ?

He has already shared the screenshot that there are no additional charges by the 7bank. This is enough proof.

 

[oceanicmanta]

He has already shared the screenshot that there are no additional charges by the 7bank. This is enough proof.

I don't doubt him .. just wanted to know if he recalls seeing the same ATM message about the fee n proceeded ...

 

[twosix]

I don't doubt him .. just wanted to know if he recalls seeing the same ATM message about the fee n proceeded ...

Ok,but if there are no processing fee, there will no such display right?

And 110/220yen is not a lot, and trust has no fees. Next is the exchange rates. Dunno how is it compared to revolut/youtrip.

 

[angcsbenny]

I don't doubt him .. just wanted to know if he recalls seeing the same ATM message about the fee n proceeded ...

No message about the fees

 

[oceanicmanta]

i just tried with several cards at the same 7 Bank ATM

1) using Revolut, there was no warning message about ATM fee and I was able to withdraw without any ATM fee

the FX was pretty good, I got 105.10 today (1 Nov 22)

2) using YouTrip, there was also no warning message about ATM fee ... (but I did not withdraw any JPY)

3) the message about the JPY 110/220 ATM fee only appears using the Trust Bank Debit Card ... i may try at later date to withdraw if I run low on JPY

 

[fredriv1929]

i just tried with several cards at the same 7 Bank ATM

1) using Revolut, there was no warning message about ATM fee and I was able to withdraw without any ATM fee

the FX was pretty good, I got 105.10 today (1 Nov 22)

2) using YouTrip, there was also no warning message about ATM fee ... (but I did not withdraw any JPY)

3) the message about the JPY 110/220 ATM fee only appears using the Trust Bank Debit Card ... i may try at later date to withdraw if I run low on JPY

You withdraw JYP (revolut) from SGD account?

 

[oceanicmanta]

You withdraw JYP (revolut) from SGD account?

Yes, amount was deducted from my SGD wallet

roughly, the steps are

insert Card

key in 4 digit pin

choose language

choose "Credit Card" (instead of Savings, which will make the txn invalid)

input amount in JPY say JPY10,000

Just before final step, there are 2 options ... to "Receive in JPY" or "convert and pay SGD 99.xx" or something like that

choose the JPY option

 

[fredriv1929]

Yes, amount was deducted from my SGD wallet

roughly, the steps are

insert Card

key in 4 digit pin

choose language

choose "Credit Card" (instead of Savings, which will make the txn invalid)

input amount in JPY say JPY10,000

Just before final step, there are 2 options ... to "Receive in JPY" or "convert and pay SGD 99.xx" or something like that

choose the JPY option

Okay noted. I changed to JPY currency in revolut so will see how it goes.

 

[oceanicmanta]

Okay noted. I changed to JPY currency in revolut so will see how it goes.

it seems the FX rate is better when withdrawing JPY cash, vs converting n storing in Revolut JPY wallet ...

for payment I have been using YouTrip pat few days and the rate seems good

 

[travbug]

Hi, did you use Trust credit card to make your cc purchases? how does the rate compare?

 

[oceanicmanta]

Hi, did you use Trust credit card to make your cc purchases? how does the rate compare?

Cashier will ask you to insert the CC into the payment terminal, then ask u to sign the receipt ( .... they dont seem to know PayWave) ... but I do see some signs for ApplePay

somehow, MasterCard seemed to have better rate than Visa

.... I used Trust last week & the rate was like 1% off spot rate which surprised me

... I then used YouTrip and get very close to spot rate (Yahoo Finance), so I continue using YouTrip