FlyerTalk Forums - View Single Post - New Citi scam: 3% for in-USA charges

Jan 4, 2009 | 12:17 pm

#49

pjoalfa

Join Date: Apr 2005

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Quote:

Originally Posted by kair528

I doubt that is the case. Could you post what is specifically stated in that "fine prints" only thing I can find regarding foreign transaction is "3% of each purchase after it is converted into US dollars. " from the T&C

"Each purchase you make in a foreign currency is subject to a one-time transaction fee. The Annual Percentage Rate for Standard Purchases shown on this statement [36%- is what is listed] applies only to purchases made in a foreign currency. "

So they hit you with 3% and if you carry a balance, 3% again every month
--and I suppose the 13.99% for purchases and 19.99% rate for cash applies to everything else.

edited to add: this is not in the T&C, it is printed on the front of the actual statement.

Last edited by pjoalfa; Jan 4, 2009 at 12:24 pm

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