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Debit to Society

By Brooke Kosofsky Glassberg
updated February 21, 2017

This month, MasterCard debuts its traveler's check card, which is similar to products already sold by American Express and Visa. They're essentially debit cards with extra protection: If they are lost or stolen, you'll get a replacement or wired cash within 24 hours. Unfortunately, the fees are ridiculous--as much as $15 per card, $2.50 for ATM withdrawals, and even $15 to close your account.

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