eeuunikkeiexpat wrote:When traveling, I use USA issued credit cards and their protections and would never use a branded debit card that directly accesses the balance in my liquid account. The $200.000 day limit is for physical card RedCompra transactions (not Chile online bank transfers) and I have yet to need more and if I did, I would advance plan appropriately for such a purchase. Upper limit, that's why I have an additional no fee savings account with no withdraw or deposit limits.
While I have a US account, I don't feel myself secure with being depended on it too much. I'm a complete foreigner there, my US visa expires in October and I can't do anything serious over the Internet.
jehturner wrote:I think the main pro was that it gave my wife a way to get money out, since she's a foreigner without a job. The con is the same as the pro... OK, seriously, there are important things she can't do, such as sending domestic transfers & bill payments, or at least when they first introduced their security cards some years ago they didn't want to give her one (not sure whether that has changed). I suppose a joint account also has a single set of charges, though I have no practical experience with other Chilean accounts. The main current account charges are something like 60k/year, which I would have balked at in Britain but wasn't really in a position to complain about when we opened this. It's mainly the *credit cards* that you have to watch regarding charges -- there are about half a dozen ways they charge you for using them if you're not careful (esp. for foreign non-US transactions).
Got it, thanks. Can both of you receive wire transfers using personal names? Or is the account tied to your name?