Citibank Plus - No Fee No Overseas Transaction Fee Account

[Cruiser Elite]

Has anyone read the 70 page booklet that comes with this card ?

Some people actually read literature that accompanies CC's?

 

[Flashback]

Some people actually read literature that accompanies CC's?

I read the T&C for everything I sign up to...

 

[cove]

If it comes to the fine print do not be afraid to photocopy it up to A3 size so you can read it easily. Read all credit card info on terms and conditions as there are so many opportunities to lose out to a Bank or two.

 

[hedge]

We used this card/account in China successfully.

It was much better than standing in the queue at the bank for money exchange considering how busy the banks are in China. Plus, it gave better rates than 28 degrees card (marginally).

 

[Cruiser Elite]

FWIW the Citibank Plus did not prove as universal as 28Deg in China 2 weeks ago - there were a number of ATMs that it would just not work in. TBH I did not record which Banks ATMs did not like it but am back there next week so will try in 6 or 8 diff ones this trip and post a report. Luckily there are like 100 diff ATMs within 50mtrs Renaissance Bejing Capital Hotel so am never going to be stuck - but 28Deg just worked 1st time every time.

 

[NM]

Does anyone know if there are fees/charges for depositing foreign currency into this account? Would it be better/cheaper to deposit a cheque drawn in US$ or use a wire transfer from a US account into the Citibank Plus account? I can't find any reference to deposits in foreign currency on the Citibank web site. It only seems to talk out outbound transfers.

 

[Isochronous]

Does anyone know if there are fees/charges for depositing foreign currency into this account? Would it be better/cheaper to deposit a cheque drawn in US$ or use a wire transfer from a US account into the Citibank Plus account? I can't find any reference to deposits in foreign currency on the Citibank web site. It only seems to talk out outbound transfers.

A good question I would like the answer to also!

 

[Jacques Vert]

In PNG the ATMs (none owned by Citi) charge a fee; ANZ for example charge PGK15. That's 15% on a PGK100 withdrawal (obviously) and 5% on 300. While I like the Citi Plus card, I find it better to use it via EFTPOS in PNG than withdrawing cash. JV

 

[marki]

A good question I would like the answer to also!

They would use the bank rate as quoted on the Citibank website.

 

[ferni]

Does anyone know if there are fees/charges for depositing foreign currency into this account? Would it be better/cheaper to deposit a cheque drawn in US$ or use a wire transfer from a US account into the Citibank Plus account? I can't find any reference to deposits in foreign currency on the Citibank web site. It only seems to talk out outbound transfers.

Does anyone know if there are any fees for depositing a foreign cheque (say GBP cheque into my AUD citi account)?

 

[markis10]

Does anyone know if there are any fees for depositing a foreign cheque (say GBP cheque into my AUD citi account)?

There are no fees according to the fees and charges booklet.

 

[woodborer]

Does anyone know if there are any fees for depositing a foreign cheque (say GBP cheque into my AUD citi account)?

I don't think there is a fee as such, but you would likely be using the banks conversion rate of the day, rather then the Visa rate of the day. (ie there will be some builtin money for them in that!)

 

[ferni]

There are no fees according to the fees and charges booklet.

View attachment 27191

Thanks, the wording on the Foreign Currency Cheque deposits is a bit funny

"When you deposit foreign currency cheques into your Foreign Currency Account in the same currency."

 

[markis10]

Thanks, the wording on the Foreign Currency Cheque deposits is a bit funny

"When you deposit foreign currency cheques into your Foreign Currency Account in the same currency."

I read that as a fee being applicable for accounts in foreign currency denominations, its possible there is no fee because they dont allow deposits of non AUD cheques.

 

[marki]

There are no fees according to the fees and charges booklet.

View attachment 27191

Thanks it would take me longer than I would like to find this page in real life


Sent from my iPad using AustFreqFly mobile app

 

[Flashback]

Quick question for those of you who applied for one recently - were you approved straight away? If not and you had to provide ID how did you have to do so? Could you do via a Post Office or did you have to post documents in? Thanks!

 

[Isochronous]

All the ID was doable online.

 

[markis10]

All the ID was doable online.

Thats if you can pass the eidentity checks - electoral roll and certain state drivers licences, otherwise its to the post office.

Reminder: Personal ID needed to open your Citibank Plus account
Simply complete the steps below and start enjoying your fee free CitibankPlus account, with a host of benefits such as a free bottle of award winningwine at partner restaurants with the Citibank Dining Program*, globaladvantages, an extensive local ATM network and much more.
You will need complete the following steps within 30 days of yourapplication, or your application will be cancelled.

Step 1: Proof of Identification
Visit your nearest AustraliaPost or Citibank Branch withyour personal ID documents and the completed IdentificationVerification Form.

 

[robd]

Three separate applications at different times over the past 18mths from our household and all had to attend the post office for identity confirmation.

I would have thought my licence, electoral roll records etc. would have been very well established so as to avoid the post office attendance, but no.

 

[deka2]

We have been using our Citibank Plus for a couple of years now.
Great card.

Our application also failed online.

For those of you who live in Sydney, Citibank have an office at Town Hall Station, which is open 7 days a week, most days until late.