The Citi Custom Cash credit card exchange rate is Mastercard's exchange rate on the date you make a purchase, plus any foreign transaction fees. While Mastercard exchange rates change daily, the Citi Custom Cash foreign fee is always 3% of the transaction.
It's best to use a credit card with no foreign transaction fee when making purchases from international merchants. As long as you have such a card and avoid dynamic currency conversion, the exchange rates you'll pay on international spending with a credit card will be much lower than those you'd get from converting cash with banks, credit unions, or airport currency exchange services.
Foreign transaction fees are an unnecessary burden, whether you’re traveling or just shopping online from an international merchant. So it’s good to know there are several Citi credit cards with no foreign transaction fee. And many pack attractive rewards. Citi Premier, for instance, has a 0% foreign fee and offers 60,000 points for spending $4,000 in the first 3 months. And it earns 3 points per $1 spent at restaurants, supermarkets and gas stations, 3 points per $1 on air travel and hotels, and 1 point per $1 on all other purchases. However, just because these cards have no foreign transaction fees doesn’t mean they’re free. Most charge annual fees – Citi Premier comes with a $95 annual fee.
If you want a Citi credit card with 0% foreign transaction fees and $0 annual fee, consider the Costco Anywhere Visa® Card by Citi. It’s on the Visa network, so its worldwide acceptance also makes it a worthy travel companion. And it earns 4% cash back on eligible gas (up to $7,000 spent per year), 3% back on restaurants and travel, 2% back on Costco and Costco.com purchases, and 1% back on all other purchases.
The Citi Custom Cash℠ Card credit score requirement is 700 or better. That means people with good credit or better have a shot at getting approved for the Citi Custom Cash Card.
You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Citi Custom Cash Card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.… read full answer
If you excel in other areas, you might be able to get approved with a slightly lower credit score in some cases. But it’s best to wait to apply until you meet the Citi Custom Cash credit score requirement. You can check your credit score for free on WalletHub.
The only Citi metal credit card is the Citi® / AAdvantage® Executive World Elite Mastercard®. It is designed for frequent American Airlines flyers with good credit or better. The Citi AAdvantage Executive Card earns 2 miles per $1 spent on American Airlines purchases, 1 mile per $1 on all other purchases. And it packs an initial bonus of 50,000 miles for spending $5,000 in the first 3 months.… read full answer
The Citi AAdvantage Executive Card charges a $450 annual fee. So it's aimed at frequent travelers who fly enough American Airlines to offset its annual fee. If metal isn't a necessity, there is plenty of plastic to consider among the best Citi credit cards. Otherwise, you can also check out the best metal credit cards from other issuers.
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