Citibank Plus - No Fee No Overseas Transaction Fee Account

[gregff]

Not sure if it's been mentioned already on this thread but does anyone know the maximum you can withdraw at an ATM each day on this account when overseas?

I think that the standard limit is AUD1000 equivalent in foreign currency.

 

[NoName]

I think that the standard limit is AUD1000 equivalent in foreign currency.

So you'd be looking at around he USD700 mark currently. Not much in a place like Vegas. Is it able to be increased easily at all? And to what sort of level?

 

[nickfromeastryde]

Not sure if the amount has changed but you can phone up and get the daily limit increased. Mine is set at AUD $3,000 which was the maximum at the time

 

[marki]

Not sure if the amount has changed but you can phone up and get the daily limit increased. Mine is set at AUD $3,000 which was the maximum at the time

This has been my experience. Also doing transfers to overseas bank accounts can be even higher. i.e. Into your own foreign bank account.

 

[NoName]

Not sure if the amount has changed but you can phone up and get the daily limit increased. Mine is set at AUD $3,000 which was the maximum at the time

Thanks for that. Very good to know.

 

[travelislife]

Just a heads up for use of the card in Argentina. The Argentinian president recently in December has eased restrictions on foreign currency in Argentina, with an aim also to get rid of the black market exchange rate of 'Blue Dollars' which could give you 50% more for your money if you brought US/Euro/Real cash. With this gone it is now fine to use credit cards and ATM's to get a rate just as good. The one thing to watch out for is try and avoid using Argentinian banks on the 'Link Network' they will try and slug you nearly 90 Pesos (AUD$10) for the transaction. Need to use 'Banelco Network' and foreign banks to avoid the fee, there are actually plenty of Citibank ATMs and branches around BA.

Otherwise had no fees in Hong Kong, France, Germany, Italy and Brazil on our trip.

 

[get me outta here]

Is there somewhere in Aus that I can pay in actual folding cash onto the card?

 

[GladstoneTim]

Is there somewhere in Aus that I can pay in actual folding cash onto the card?

Australia Post outlets.

 

[travelislife]

Is there somewhere in Aus that I can pay in actual folding cash onto the card?

It is just a normal bank account. Head in to a Citibank branch and they will happily deposit in to your account. Alternatively deposit cash in to another bank (any) and just do a standard transfer.

 

[get me outta here]

Thanks for that. I have had it for a while but have never used it. If I remember correctly, the instruction is to press credit when paying for something, and when putting money onto it, press savings is that right? anything else I showed have known?

Australia Post outlets.

It is just a normal bank account. Head in to a Citibank branch and they will happily deposit in to your account. Alternatively deposit cash in to another bank (any) and just do a standard transfer.

 

[Chicken]

the instruction is to press credit when paying for something, and when putting money onto it, press savings is that right?

It's a Visa debit card, just like any other bank ATM card, so you can press SAV for all transactions.

 

[Cynicor]

It's a Visa debit card, just like any other bank ATM card, so you can press SAV for all transactions.

When overseas, "credit" works for cash withdrawal. Not tried the savings button.

 

[Chicken]

When overseas, "credit" works for cash withdrawal. Not tried the savings button.

SAV works overseas.

 

[cove]

We have referred lots of friends to this card because it works and is way less expensive to use.

 

[legroom]

Just applied one for my son for his next trip to Asia

Thank you Jessica Tam for the spreadsheet

 

[legroom]

4 business days and my direct credit transfer is still listed as 'not available' even though it was received by Citi on the same day of transfer.

Told today it could take up to '10' working days to verify the deposit

Lodged a FOS complaint

This is pathetic given that you cannot transfer in the absence of real cash (credit) in your originating account - unlike a written cheque

Any similar experience?

 

[Chicken]

4 business days and my direct credit transfer is still listed as 'not available' even though it was received by Citi on the same day of transfer.

Told today it could take up to '10' working days to verify the deposit

Lodged a FOS complaint

This is pathetic given that you cannot transfer in the absence of real cash (credit) in your originating account - unlike a written cheque

Any similar experience?

Makes no sense. Did you use the transfer to another bank function of whatever bank you normally use, then transfer into your Citi Plus checking account using Citi BSB 242200 ?

 

[legroom]

I agree that it made no sense.

24 hrs after netbank transfer, Citi showed money had arrived but remained ..... not available.

It remains ... not available ..... 4 business days later

That's why I had to do what I did - lodging a FOS complaint.

This is pathetic IMHO.

Makes no sense. Did you use the transfer to another bank function of whatever bank you normally use, then transfer into your Citi Plus checking account using Citi BSB 242200 ?

4 business days and my direct credit transfer is still listed as 'not available' even though it was received by Citi on the same day of transfer.

Told today it could take up to '10' working days to verify the deposit

Lodged a FOS complaint

This is pathetic given that you cannot transfer in the absence of real cash (credit) in your originating account - unlike a written cheque

Any similar experience?

 

[Chicken]

What did the call centre say? I've never had this problem.

 

[gregff]

I have had this problem before too with Citibank. A direct credit from another bank from me showing up in my balance but not available for withdrawal. It was posted but "unavailable" for about 12 hrs if I remember rightly, but was very inconvenient as I was overseas and needed the money. It also seemed quite unprofessional. I have not seen direct credits being listed as unavailable before with other bank accounts - they are always available as cleared funds straight away. And it was not as if the amount was particularly large!