Does Citi cash Card have foreign transaction fees?
While cardholders can earn 5% cash back in their top eligible spending category each billing cycle, the earning potential across multiple categories might be higher with other cards. The card has a 3% foreign transaction fee.
The Citibank foreign transaction fee is 0% or 3% of transactions processed internationally, depending on the card. With a no foreign transaction fee credit card, you will avoid additional charges for international purchases, whether at a physical location abroad or online from merchants based overseas.
Best Credit Cards With No Foreign Transaction Fee of April 2024. Discover it® Balance Transfer: Best feature: 0% Introductory APR. Discover it® Cash Back: Best feature: Cash back on everyday purchases. IHG One Rewards Traveler Credit Card: Best feature only: Bonus points at IHG hotels.
| Institution | Foreign debit card purchase cost* | Foreign ATM withdrawal cost** |
|---|---|---|
| Bank of America | 3%. | $5 + 3% of amount. |
| Chase | 3%. | $5 + 3% of dollar amount. |
| Citi | 3%. | $2.50 non-Citibank ATM fee + 3% of amount. |
| Citizens Bank | 3%. | $3 + 3% of amount. |
- Open a Credit Card Without a Foreign Transaction Fee. ...
- Open a Bank Account Without a Foreign Transaction Fee. ...
- Exchange Currency Before Traveling. ...
- Avoid Foreign ATMs. ...
- Ask Your Bank About Foreign Partners.
Many Citi checking accounts have foreign transaction fees, but you may avoid them if you're a CitiGold or CitiPriority customer. Credit cards are similar — you could find there's no foreign transaction fee for Citibank AAdvantage credit cards.
Important note: When preparing for international travel, please make sure you've enabled your card for international transactions. You can enable your card for international transactions here.
- Best for dining: American Express® Gold Card.
- Best for entertainment: Capital One Savor Cash Rewards Credit Card*
- Best for hotels: Capital One VentureOne Rewards Credit Card (see rates and fees)
- Best for luxury travel: Chase Sapphire Reserve®
- Scapia Federal Bank Credit Card.
- Niyo Global International Travel Card.
- RBL Bank's World Safari Credit Card.
- IDFC Wow Credit Card.
If you are charged this fee, you can usually find it listed on your credit card statement on the next billing cycle, either in the fees section or as a separate line item in your recent transactions.
Does Citibank debit charge international fees?
Debit Card charges on Overseas cash withdrawals at non-Citi ATMs. The withdrawal amount will first be converted to US Dollars by the relevant card scheme and a 2.75% transaction fee applied.
In the US and abroad, you can already use your Citibank® Debit Card with Chip for banking and purchasing. Your chip card keeps the same card number but provides you with global acceptance.
This service conveniently delivers foreign currency to you at your home, office or nearest Citibank branch 1 . Just call 1-800-756-7050 ( TTY : 800-788-0002). The following 27 countries are members of the European Union (EU):
Credit cards also tend to be safer to use abroad. If your debit card is hacked or stolen while away, then the money in your account is at risk. This is not the case with a credit card as only the money up to your credit limit is at risk. There is also something called Section 75 of the Consumer Credit Act.
Using a credit card with no foreign transaction fees and choosing to make purchases in local currency will nearly always save you money. Currency conversion apps can help you better understand pricing and identify hidden charges.
You'll commonly see this fee listed on your card statement as a separate charge. This means that if you spend $100 at a restaurant in another country, you might pay an extra $3 as a foreign transaction fee.
When you have a Citibank credit card, you are not required to let Citibank know about travel plans, but it's a good idea to do so. If you don't set a travel notification and charges appear on your account from places you don't normally visit, it's possible that Citibank will put a hold on your account to prevent fraud.
Citibank will not charge you a foreign exchange fee for purchase or withdrawal transactions when you use your Citibank Banking Card outside the U.S. and Puerto Rico. Other banks and ATM service providers may charge you a fee when you conduct a Citibank deposit account transaction using their ATMs.
Your credit card will likely have a foreign transaction fee of around 3% if it is from Chase, PNC, Bank of America, Barclays or U.S. Bank, which charge foreign fees on most (but not all) of their cards. Your credit card will not have a foreign transaction fee if it is from Capital One, Discover, USAA, PenFed or HSBC.
- Login to your Citi Mobile App.
- Click on 'Account Summary'
- Click on 'Savings/Credit Card' (Debit Card, i.e. 'Savings' journey highlighted here)
- Click on 'Manage Card'
- Read and accept T&Cs of Manage Card and click on 'Continue'
- Unlock international transactions.
- Set your transaction limits.
Can Citi card be used in Europe?
Your Citi Debit Card gives you access to multiple currencies and allows you to shop at tens of millions of merchants worldwide - wherever you see your card logo displayed. Fees may apply.
| Citibank exchange rate | Wise exchange rate | |
|---|---|---|
| USD to GBP | 0.7982 | 0.8123 |
| USD to EUR | 0.8985 | 0.9141 |
| USD to AUD | 1.4558 | 1.4820 |
| AUD to USD | 0.6629 | 0.6748 |
First, make sure any credit card you take to Europe is widely accepted. The Visa and Mastercard networks, for example, offer wider acceptance abroad than Discover and American Express. While you can certainly bring your Amex and Discover cards, it's best to pack a backup.
Visa and Mastercard are the two largest card networks in the world, accepted in more than 200 countries and territories. Mastercard credit cards are more widely accepted internationally, while Visa cards tend to offer more benefits. But for most consumers, there is no practical difference between Visa and Mastercard.
Charles Schwab Bank is one of the best banks for international travelers, because it doesn't charge foreign transaction fees. It also refunds all fees charged by ATMs worldwide.
