Hello,
I would like to know if anyone has run into any problems using debit in Disneyworld, withdrawing or debit transactions. We are with a credit union. Also, are the fees much higher this way or is it better to go with money already converted to U.S.
Quick question - are you staying on property? If so, then you will have your 'Key to the World' card which basically acts as a debit card - you 'fill it up' when you check in and then use that for all purchases. If this is your situation, then it is very simple and the Card works virtually everywhere on property. We have used both our Credit Card (MC) and Travellers Cheques to 'fill it up' when we checked in. Credit Card is a bit of a rip off as they charge you a premium to convert - usually about 2.5%. I am actually going to get a USD MC for this trip to avoid that conversion premium.
If you are NOT staying on site, then I would take a look at the back of your current debit card - it should give you symbols for which systems are supported. The most common in the States are Maestro and Cirrus. If you have those two, you are likely OK. There is a s/c as others have mentioned, on top of your 'regular' withdrawl fee (likely you have a certain # of withdrawls per month allowed on your acct). The fee is usually around $2-4 (possibly more for small 'non-Bank' type ABMs - like those in a convenience store). You could check with your Credit Union to see what they have to say about usage and whether they have any package to offer you a few free US withdrawls.
I would suggest the following as possible options:
1) Bring Travellers cheques - bring some smaller denominations, sometimes there is a small fee for cashing them
2) Look into a USD credit card - I know BMO Mastercard has one, as that is the one I am going to get - then you save on the conversion premium.
3) Check with the credit union and see what they have to say
Personally I would vote for #1 if you are unsure - there is nothing worse than wasting time driving around down there trying to find an ABM which will accept your card.