Maria Adams, Credit Cards Moderator
@m_adams
The Citi Diamond Preferred foreign transaction fee is 3%. This fee applies to all purchases processed outside the United States, even if you’re not physically abroad. So, online purchases from internationally based merchants are subject to Citi Diamond Preferred’s foreign fees, too.
However, it is worth noting that this card was not meant for international purchases. Instead, the Citi Diamond Preferred was designed as a financing option. It offers an intro APR of 0% for 12 months on purchases and 0% for 21 months on balance transfers. Note that balance transfers are subject to a fee of 5% (min $5). The card’s regular APR is 17.99% - 28.74% (V).
Alternative Credit Card Option
If you’re looking for a Citibank credit card with 0% foreign transaction fees, the Citi Premier® Card is a good choice. This card also offers 60,000 points for spending $4,000 in the first 3 months, plus 1 - 3 points per $1 spent on purchases.
If you’re not tied to Citibank as an issuer, feel free to also take a look at our editors’ picks for the best no foreign transaction fee credit cards available right now on the market.
Citi® Diamond Preferred® Card
People also ask
How much are Visa foreign transaction fees?
The Visa foreign transaction fee is usually either 0% or 3%, depending on which Visa credit card or debit card you have. The Visa foreign transaction fee is typically 0% on travel rewards credit cards, which are built for spending all around the world. And some credit card companies, such as Capital One, don’t charge foreign fees on any of their cards, Visa or Mastercard. But many other Visa cards come with foreign transaction fees of 1%,...
read full answerWhat are the major credit card foreign transaction fees?
The major credit card foreign transaction fees range from 0% to 3% of each purchase processed internationally. The average credit card’s foreign fee is roughly 1.5%. Some credit card companies do not charge foreign transaction fees on any of their cards, including Capital One, Discover and USAA. Other credit card companies charge foreign transaction fees on some, or even most, of their cards. But each of the 10 largest credit card issuers has at least...
read full answerWhat's the Citibank foreign transaction fee?
The Citibank foreign transaction fee is 0% or 3% of transactions processed internationally, depending on the card.
Best Citi Credit Cards with no foreign transaction fees
- Rates & FeesHigh Initial Bonus: Citi Premier® CardCiti Premier® CardLearn MoreLearn Moreon issuer's website
- Rates & FeesTravel & Dining: Costco Anywhere Visa® Card by CitiCostco Anywhere Visa® Card by CitiLearn MoreLearn Moreon issuer's website
- Travel Rewards: Citi® / AAdvantage® Platinum Select® World Elite Mastercard®Citi® / AAdvantage® Platinum Select® World Elite Mastercard®Learn MoreLearn More
- Rates & FeesFor Business: Costco Anywhere Visa® Business Card by CitiCostco Anywhere Visa® Business Card by CitiLearn MoreLearn Moreon issuer's website
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. The...
read full answerDid we answer your question?