The Citi Premier foreign transaction fee is 0%. Premier is one of several Citi credit cards with no foreign transaction fee. The others include the Citi / AAdvantage airline miles cards and the Costco Anywhere Visa cards. When you use one of these cards, you won’t be charged extra for purchases made abroad. Foreign transaction fees range from 0%-3% on other credit cards, with 3% being the standard for Citi cards that charge a foreign transaction fee.
Citi Premier is a travel rewards card that offers 60,000 points bonus points for spending $4,000 in the first 3 months. This bonus is worth $625 when redeemed for airfare. The Premier card does come with a $95 annual fee, which is waived for the first year. It is on the Mastercard network, which gives it wide-ranging global acceptance. You can use Mastercard credit cards in more than 210 countries and territories where credit cards are accepted.
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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