Does Fidelity charge a fee if withdrawing money from outside the USA using a Fidelity Debit Card linked to one's Fidelity's Cash Management Account?

The foreign transaction fee of 1% appears to depend on the account type, not the ATM/Debit Card itself (see card agreement for full details)

The Cash Management Account reimburses ATM withdrawal fees but may charge foreign transaction fees, whereas the Fidelity Account doesn't reimburse ATM fees but doesn't charge foreign transaction fees either.

Fidelity® Cash Management Account

• ATM/debit card—ATM withdrawal fees reimbursed1 - "Please note that there may be a foreign transaction fee of 1% that is not waived, which will be included in the amount charged to your account."

The Fidelity Account

• ATM/debit card—fees apply 3 (ATM reimbursement levels) - "Fidelity does not charge foreign transaction fees; however, if you choose to pay a foreign debit card transaction in US dollars, your transaction may be processed at a rate different than market exchange."

Several Fidelity users mentioned that the Fidelity debit card has no fees (i.e., no transaction fees and no currency exchange rate markup or other hidden fees).

Fidelity customer support confirmed it:

I'm happy to report that there are no foreign transaction fees for the Fidelity Debit Card. We confirmed this with our debit card team, and they have been made aware of the language online that says otherwise. That said, if you choose to pay a foreign debit card transaction in US dollars, your transaction may be processed at a rate different than the market exchange rate.