Originally Posted by Viajero Perpetuo
...Added: Just checked your edit and take issue with the "0%" for the primary exchange. This is NOT true. According to ajnaro and my yesterday w/d, there is still a bundled exchange fee but apparently not as large as it was April-June. They just knocked a few ticks off in the customer's favor.
That is not in accord with my own interpretation of the facts I posted yesterday. As far as I can see, the primary converted USD amount is actually more favorable to me (less favorable to Citi) than would be calculated using either xe.com's mid-market rate or oanda.com's interbank rate. Once you add in the foreign fee, then the total USD amount charged by Citibank is still less than either mid-market+1% or interbank+1%. In other words, Citi seems to be actually charging slightly LESS than it states in its T&Cs.