Originally Posted by
milepig
Thanks. The foreign transaction fee was a biggie.
I got a mailing via snail mail last night that touted "sign up for new expanded GOLD benefits" most of which weren't really of interest to me. The part about going up to $200,000 in November was buried in fine print on the back. The mailing said to go in and to an advisor, which is what I plan to do in the next bit.
I spoke with an advisor in Citi today. They continue to claim CitiGold benefits (with $200k) will remain as is - and add'l (although as of yet to be disseminated to the branches) benefits will be added.
Those who keep $50k will be downgraded to Citi Priority and will lose some benefits. Training on which ones has yet to be provided.
The advisor made it seem that CitiGold was aimed at people who would have and use brokerage accounts although she admitted in-kind transfers from other fund families would be allowed and those balances would be accepted towards the $200k. She wondered why anyone would do that however.
Originally Posted by
phant0m
Man citi gold sucks. Tried to order some euros to before my trip and they wanted 1.19 dollars per euro when the going rate is 1.11. Guess I'll just pull cash out with my fidelity account when I get to the airport.
Never exchange money like that. Pull money out of an ATM when abroad and you'll get the best rates. Citigold waives foreign transaction fees for doing so and reimburses ATM charges as well (at least until Nov 2016) when most of us will be swapped into Citi Priority and certain foreign fees will exist again for us.