The Citi Simplicity foreign transaction fee is 3% of any purchase you make in another country, or from merchants based outside the U.S. To put that in perspective, on a week-long trip where you spend $100 a day, you’d pay an extra $21 in fees by the end. That’s not ideal, but it’s because the Citi Simplicity Credit Card isn’t designed for international travel. Not only is there a foreign transaction fee, but the card doesn’t give you any rewards.
Even though Simplicity isn’t a great card for travel, you should still know how the fee works if you’re planning to use the card abroad. That way, you won’t have any unpleasant surprises once your statement comes.
Here’s how the Citi Simplicity foreign transaction fee works:
- The 3% fee will be added to every purchase you make in a foreign country.
- The 3% fee also applies to purchases from a merchant based in another country while you’re in the U.S.
- Your Citi Simplicity foreign transaction fees will be itemized on your monthly credit card statements.
The Citi Simplicity foreign transaction fee makes it a poor choice for a travel card. But that doesn’t mean it’s a bad card for everything. With an 18-month 0% intro APR for balance transfers and purchases, it’s one of the best cards available for carrying a balance. And while you should strive to never miss a payment, you won’t be charged a late fee or a penalty rate if you do.
Plus, there are plenty of interesting alternatives to consider for your international spending. If you’re planning to pay for your international purchases in full by the due date, you should focus on a travel rewards credit card. Capital One Venture and Barclaycard Arrival Plus are great options.
Using such a card could work even if you will wind up with a balance. For example, you could qualify for its initial bonus with your international spending and then transfer any amount you can’t pay by the due date to a 0% balance transfer credit card. Just bear in mind that 0% transfer offers aren’t guaranteed to be available. There are some credit cards with 0% rates and no foreign fees, too, including Discover it – Cashback Match.
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