So am I correct in interpreting this to say that if you have a balance on your card in any currency then I will be charged $1.00 per month, but if I have no money in any currency loaded then I won't be charged any fees? It is confusion around the monthly charge that has always prevented me from activating the card...
Yeah that's right, so spend your $300 quickly and avoid the $1 fee :)
What happens after the next month though when you have a $0 balance but it comes to taking the $1 monthly fee? And then the next month?
I'm also wanting to confirm the answer to this question. I too have thus far avoided activating my card due to being unclear as to exactly how the charges work (I really don't need a third credit card unless it's cost-effective!). Is someone with a (working) card able to confirm for sure that there is no charge when the balance is nil (ie, that it still doesn't charge and/or charge a penalty for not having the cash to pay for the monthly charge)? Thanks.