> Craig, tell us more! What are the fees, man?
It's a bit expensive, but quite doable, in my opinion. Without going over
the fee list, I'll tell you that there are several small fees which can add
up:
1) It costs $34.95 to set-up the card initially.
2) It costs 50 cents a month to maintain the Debit Card Account.
3) It costs me 1% to move money from e-gold to e-bullion gold, through
Gaithman's. He's the cheapest, and I suspect he may increase his fees in the
future.
4) It costs $5.50 (from e-Bullion) to move money from your e-bullion gold
account to your debit card account.
5) It costs $1.75 for each withdrawal (from e-Bullion)
6) Each ATM has its own fee for a withdrawal, as well.
7) There is NO maximum withdrawal limit, other than that which exists in
your debit account.
Anyway, I figure if I transfer in blocks of $500 or more, it's worth it.
That would cost me:
$5.00 (1% through Gaithmans to transfer from e-gold to e-bullion)
$5.50 (E-Bullion fee to transfer from gold account to debit card account)
$1.75 (Withdrawal fee from e-Bullion)
$1.50 ATM fee
=
$13.75 to withdraw $500.
That equals 2.75 percent to withdraw $500.
SnowDog
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