How to Avoid High ATM Fees in Vietnam: Tips for Travelers

When traveling to Vietnam, it's important to know how to avoid high Vietnam ATM fees. By understanding withdrawal limits, fee-free options, and strategies to minimize costs, you can save money and make your trip more enjoyable.

General ATM Fees in Vietnam

ATM fees in Vietnam can vary significantly depending on the bank and location. On average, you can expect to pay between 30,000 VND to 55,000 VND per withdrawal.

• Higher Fees: ATMs in tourist areas or airports tend to charge higher fees.
• Fee-Free Options: Some banks offer fee-free withdrawals for customers, like HSBC for Advance or Premier customers.

Choosing the right ATM can save you from high fees during your travels in Vietnam.

Maximum ATM Withdrawal Limits

ATM withdrawal limits in Vietnam can vary widely depending on the bank and the ATM location.

Typical Limits: Most ATMs allow withdrawals between 2,000,000 VND and 3,000,000 VND per transaction.

Higher Limits: ATMs from foreign banks or at airports may offer larger withdrawals:

• TPBank: Up to 10,000,000 VND with no fees.
• Citibank & ANZ: Withdrawal limits range from 5,000,000 VND to 10,000,000 VND with fees of 40,000 to 55,000 VND.

Knowing these limits can help you avoid unnecessary fees and ensure you have enough cash for your trip.

Tips to Minimize ATM Fees in Vietnam

To avoid unnecessary ATM fees during your trip to Vietnam, here are some helpful strategies:

• Use Partner ATMs: Many banks, like TPBank and VPBank, offer fee-free withdrawals for foreign cardholders.
• Withdraw Larger Amounts: Consider withdrawing larger sums (up to 10,000,000 VND) to reduce transaction fees.
• Decline Dynamic Currency Conversion (DCC): Always choose to withdraw in Vietnamese Dong (VND) to avoid poor exchange rates.
• Use Travel-Friendly Cards: Cards like Charles Schwab and Wise Debit allow fee-free withdrawals or reimburse ATM fees.
• Look for Low-Fee ATMs: Banks like Techcombank and ACB offer lower fees, around 50,000 VND per transaction.
• Avoid Airport ATMs: Airport ATMs usually charge higher fees, so withdraw cash in the city whenever possible.
• Use Mobile Payment Options: Apps like GrabPay or MoMo reduce the need for ATM withdrawals altogether.

By following these tips, travelers can keep ATM fees in check and better manage their cash during their time in Vietnam.

Best ATMs to Use in Vietnam

To minimize ATM fees and make cash withdrawals easy during your trip, consider using these recommended ATMs:

1. TPBank

• Fees: No withdrawal fees for foreign cards.
• Max Withdrawal: Up to 10,000,000 VND.
• Availability: Major cities.

2. VPBank

• Fees: No withdrawal fees for foreign cards.
• Max Withdrawal: Up to 5,000,000 VND.
• Availability: Widely available in urban areas.

3. Sacombank

• Fees: Low fees (30,000 to 50,000 VND), sometimes fee-free.
• Max Withdrawal: Up to 10,000,000 VND.

4. HSBC

• Fees: Fee-free for HSBC Advance or Premier customers.
• Max Withdrawal: Up to 4,800,000 VND.
• Notes: Limited network.

5. ANZ & Citibank

• Fees: No fees for customers.
• Max Withdrawal: Around 5,000,000 VND.

6. ACB & Techcombank

• Fees: Around 50,000 VND.
• Max Withdrawal: Up to 5,000,000 VND.

By choosing these ATMs, you can minimize vietnam atm fees and ensure easy access to cash.

Vietnam ATM Fees for Foreigners: What You Need to Know

When withdrawing cash from ATMs in Vietnam, here’s what you need to know to avoid extra costs:

• Typical Withdrawal Fees:
  Most ATMs charge between 30,000 VND and 55,000 VND (about $1.30 to $2.40) per transaction. Fees vary depending on the bank and ATM location.
• Fee-Free Options:
  Some banks offer fee-free withdrawals for foreign cards:
• TPBank and VPBank: No fees for foreign cardholders.
• ANZ and Citibank: Fee-free for their customers.
• HSBC: Fee-free for Advance or Premier customers.
• Foreign Transaction Fees:
  Your home bank may also impose foreign transaction fees, adding to the cost of ATM withdrawals. Check with your bank beforehand to understand these charges.

By knowing these details, you can avoid unnecessary vietnam atm fees and make smarter withdrawals during your trip.

Frequently Asked Questions (FAQs)

Here are some common questions travelers have about vietnam atm fees:

1. What are typical ATM fees for foreigners in Vietnam?

Most ATMs charge 30,000 VND to 55,000 VND (about $1.30 to $2.40) per transaction, but fees may be higher in tourist areas.

2. Are there fee-free ATMs for foreign cards?

Yes, banks like TPBank, VPBank, HSBC, Citibank, and ANZ offer fee-free withdrawals.

3. What is the maximum withdrawal limit at Vietnamese ATMs?

Withdrawal limits range from 2,000,000 VND to 10,000,000 VND. Major cities may have higher limits.

4. What additional charges should I be aware of?

Your home bank may charge foreign transaction fees (around 1%) or international withdrawal fees (about $3).

5. How can I avoid Dynamic Currency Conversion (DCC) fees?

Always choose to withdraw in Vietnamese Dong (VND) instead of your home currency to avoid DCC fees.

By understanding these points, you can minimize vietnam atm fees and make your transactions smoother while in Vietnam.

To avoid unnecessary Vietnam ATM fees and ensure a smooth experience during your travels, choose the right ATMs, withdraw larger amounts to reduce fees, and always opt for Vietnamese Dong (VND). For a hassle-free trip, consider booking your Cat Ba tour at Quang Thắng Cát Bà and enjoy the best experiences without worrying about your finances.