FlyerTalk Forums - View Single Post - Change in terms with Citi on foreign transactions
Old Apr 28, 2008 | 6:23 am
  #11  
acf573
 
Join Date: Jan 2005
Location: New York
Programs: AA Plat, CO Gold
Posts: 1,598
Originally Posted by STAM4NICK
Hasn't this always been CitiCards policy 3% on OUS transactions whether in USD or foreign currency. If not they would have listed an effective date -- much like they did on thier CitiBank checking/Debit accounts. No effective date likely not a change to T&C.

I think this is no change from before -- just one of those random statement reminders.
Nope. Most other Visa/MC issuers converted to foreign surcharges on all foreign-originated charges (this is when Visa/MC themselves similarly changed the nature of their 1% fee), but Citi was one of the few who did not.

Regarding Amex, they have a well-known problem with inaccurate foreign exchange rates (which are always in their favor). After too many bad rates from them, I've sworn off using Amex overseas.
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