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Old Nov 5, 2015 | 7:03 pm
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Duke787
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Bad FOREX Rate from Citi Prestige

Made a 534 GBP purchase on November 2nd with my Citi Prestige. Posted today (back-dated to 11/2) at $828 USD which is over current exchange rate and about $5-7 over the exchange rate as on 11/2 (it's gone down about 2.5 cents since 11/2 in favor of the dollar).

Has anyone else had similar experiences?

This is my first foreign transaction with the Prestige and I was surprised to see the charge above prevailing exchange rates, especially since my CSP (which historically has been my card of choice for FOREX) often charges at or below the prevailing / public FOREX rate.

If this is typical for Citi - I'll be sticking with the CSP going forward (I find AMEX does the same thing where they come in a little high on the FOREX even when they don't charge a FOREX fee).
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