I use E-Trade bank.
I have confirmed that there is no fee on either end and
that the conversion rate is just about yatzig.
I withdraw at a Poalim ATM (I think Leumi ATMs also
would be fee free)
I checked my rate online. I got 3.70 on a day when yatzig
rate was 3.70 The money changer would have given me
3.63 minus the check cashing fee which would work out
to 3.55 So the net result was an extra 150 shekels on a
P.S. You need a USA address for the E-trade bank account,
which BTW is totally free, FDIC insured, and no minimum
and a free checkbook.
Also the E-Trade platinum visa is also a credit card that
does not charge a foreign transaction fee.
Purchases post at BETTER rates than yatzig!!
I have both E-trade Visa and the Capital One card and they are similar in
But, Chase and Citibank credit cards DO charge an extra 2% for foreign