The Citi Diamond Preferred foreign transaction fee is 3%. That means Citi will add a 3% surcharge to the U.S. dollar amount of each international purchase made with the Diamond Preferred card. A $150 purchase processed abroad would cost $154.50 as a result.
Citi Diamond Preferred’s 3% foreign fee and lack of rewards make it the wrong choice for international travel, but its low introductory APR can still help you save on interest stateside. It offers 0% APRs on purchases and balance transfers for 18 months. Just bear in mind that it does also have a 5% balance transfer fee ($5 min). Citi Diamond Preferred has a $0 annual fee.
If you’re looking for a Citibank credit card with no foreign transaction fees, Citi Premier is a good choice. So is the Costco Anywhere Visa: the only Citibank card with no annual fee and no foreign transaction fee.
The Costco Visa foreign transaction fee is $0. The Costco Anywhere Visa card and the Costco Anywhere Visa Business card both charged a 3% foreign fee until January 25, 2018, when Citi (the cards’ issuer) removed that fee from the offers. Now, with no foreign transaction fee, you will not be charged extra for using your Costco credit card anywhere in the world Visa is accepted. That would obviously come in handy at the more than 230 Costco stores abroad. Some locations include Canada, Great Britain, Japan, Korea, Mexico and Taiwan. There’s also no fee when shopping online from foreign merchants. … read full answer
Their lack of foreign transaction fees isn’t the only thing that makes the Costco credit cards worthwhile global travel companions. Both also give up to 4% cash back on gas purchases worldwide (first $7k spent per year), plus 3% back on restaurant and travel purchases, among other rewards.
The Citibank foreign transaction fee is 0% or 3% of purchases processed internationally, depending on the card. Citi travel rewards cards such as the AAdvantage Mastercard and the Costco Anywhere Visa have no foreign transaction fees. But when you spend money abroad with other Citi credit cards, like Double Cash or Simplicity, you’ll have to pay an extra 3% on whatever you buy.… read full answer
That could cramp anyone’s style, whether you’re traveling or just shopping online. So it’s good to know there are several Citibank credit cards with no foreign transaction fee. Some of the most popular Citi cards without foreign fees include ThankYou Premier, AAdvantage Platinum Select and Expedia+ Voyager. However, just because these cards have no foreign transaction fees doesn’t mean they’re free. Most charge annual fees.
If you want a Citi credit card with no foreign transaction fees and no annual fee, consider the Costco Anywhere Visa. It gives unlimited 3% cash back on travel and restaurant purchases. You also get 4% back on gas purchases, up to the first $7,000 spent each year, among other perks.
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