Citibank Plus everyday transaction account

Last updated: Dec 30, 2020

This Citibank account charges no account keeping fees, no overseas ATM fees and no foreign transaction fees.

This is a convenient everyday transaction account if you like to travel or often send money overseas. Citibank charges no fees to withdraw cash from overseas ATMs, and no foreign transaction fees when using your debit card in-store while you're travelling.

Account keeping fee

ATM withdrawal fee

Overseas ATM withdrawal fee

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Details

Product Name	Citibank Plus Everyday Account
Monthly account fee	$0
Card access	Mastercard
ATM Withdrawal Fee	$0
International transaction fee	0%
Monthly deposit required to waive account fee	N/A
Contactless Payments	Apple Pay, Samsung Pay

Minimum Age	18
Joint account availability	Yes
Minimum opening deposit	N/A

Pros

No monthly account or transaction fees
Fee-free ATMs withdrawals available
Fee-free instant money transfers globally
Free bottle of wine every time you dine at Citibank Dining Program partner restaurants

Cons

Not available for business
Lack of branches in Australia

Expert review

Review by

Alison Banney

alison.banney@finder.com

Alison Banney is the banking and investments editor at Finder. She has written about finance for over six years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.

Expert review

This transaction account is ideal for both day to day use here at home as well as when you’re travelling. It has no monthly account keeping fees and Citi charges no overseas ATM fees or international transaction fees either. Usually banks charge an international transaction fee of about 3% of the transaction value when a currency conversion is required, so not being charged this fee is a really big benefit of this account.

Keep in mind that the local ATM operator may still charge its own fee when you use an ATM overseas.

Another perk that not many people know about is all Citibank debit and credit card holders are eligible to get a free bottle of wine when eating out at select restaurants, thanks to Citibank’s Dining Program.

Key features

$0 Monthly account keeping fees

This account has no monthly account keeping fees, ever.

Free linked Debit Mastercard

The account comes with a linked Debit Mastercard that allows you to make purchases wherever Mastercard is accepted all around the world and online. The debit card has PayPass, so you can simply tap your card on the payment terminal without entering your PIN for purchases under $100.

Fee-free domestic ATM withdrawals

You can withdraw money from Citibank, Westpac Group, CommBank, NAB or ANZ branded ATMs in Australia with no withdrawal fees.

Fee-free international ATM withdrawal

There's no withdrawal fees for transactions made at Citibank ATMs overseas, but keep in mind that some third-party banks or ATM operators may charge their own fee. Check out this list of all the Citibank ATMs in the world if you're looking for an overseas ATM.

No international transaction fees

Citibank doesn't charge any international transaction fees when purchasing something overseas or shopping online from a non-Australian retailer website. This fee is usually charged when you conduct a transaction in a currency other than AUD, and could be as high as 3.5% of the transaction value.

Send money globally for free

You can make fee-free, instant money transfers to Citibank accounts in more than 20 countries. You can also receive money from overseas without any transaction fees. If you're sending money from your Citibank Plus everyday account to a non-Citibank account in another country, Citibank doesn't charge you a fee but the recipient bank may charge fees for the transfer.

24/7 access to account

You can access your account online via Internet banking, using phone banking or via Citibank's mobile banking app.

Free wine when you dine at eligible restaurants

If you dine at one of Citibank's Dining Program partner restaurants and pay using your Debit Mastercard, you'll receive a free bottle of wine.

Linked with a Citibank savings account

This is a non interest earning account, but you do have the option of linking up to three separate savings accounts from Citibank. This allows you to easily transfer money into your savings.

Personal use only

This account is intended only for personal use, not to be used by a business.

How to apply

Eligibility

Before beginning, check the following eligibility requirements to ensure that Citibank will accept your application:

Your current age. Only individuals who are 18 years of age or older will be considered for the Citibank Plus Everyday Account.
Where you live. You must have a valid Australian residential address in order for your application to be processed.

Personal use only. You must be setting up this account for personal use only. While it can be a joint account, it cannot be used for businesses, partnerships, trusts, companies or DIY Super Funds.

Documentation needed

Make sure you have the following handy before you apply.

Identification documents. You are going to need at least two forms of ID when filling out the application. These can include an Australian driver's licence, Medicare card or passport.
Tax File Number (TFN). Australians are not required to provide a TFN, but if you do not, Citibank will deduct any applicable taxes at the top marginal rate.
Joint applicant information. If applying jointly you will need all of the same information for the additional applicant.

What happens after I submit my application?

If you have all of your information readily available, filling out the application should take no more than five minutes. Once submitted, Citibank will issue you an account number. Within five business days you should receive a welcome pack from Citibank which will have your Debit Mastercard inside.

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183 Comments

Sonia
August 16, 2019

Can I use a Citibank Plus Everyday Card at ATMs in Peru?

finder Customer Care

Jeni
August 17, 2019

Hi Sonia,

Thank you for getting in touch with Finder.

Yes, you may use this card in overseas ATMs like in Peru. Please note that if you’re using a non-Citibank branded ATM overseas, then the ATM operator is likely to charge you a fee. It’s important to note that this isn’t a Citibank charge and is out of Citibank’s control.

I hope this helps.

Thank you and have a wonderful day!

Cheers,
Jeni

Anne
July 10, 2019

I will be hosting an International student for the next 2 years. They are not Australian residents and on arrival will be 16 years old. Can they open a Citibank Plus Everyday Account? If not, is there a Citibank account suited to them available?

Nikki
July 10, 2019

Hey Anne,

Thanks for leaving a question on our page!

It’s mighty generous of you to host international students! The Citibank Plus Everyday Account can be used by your visitors however they need to be 18 years old and above to apply. Also, as of this time, there are no available Citibank savings accounts for under 18 years old.

There are some other options they can consider and you can refer to this page. It lines up the different types of savings accounts your students can open when they arrive in Australia or even when they are still in their respective home countries.

As a friendly reminder, review the eligibility criteria, fees, interest rates, and terms & conditions of the account before applying. You may also contact the insurance provider should you have any questions about their policy.

Hope this helps! For any further questions, feel free to reach out to us again, we’re here to help.

Best,
Nikki

Ania
November 27, 2018

What is the meaning of “exchange rates” when talking about using Citibank Plus Everyday Account debit card overseas for ATM withdrawals?

finder Customer Care

Jeni
November 27, 2018

Hi Ania,

Thank you for getting in touch with finder.

The exchange rates mentioned on this page is when you use your Mastercard debit card attached to this Citibank Plus Everyday Account overseas and convert the purchased/transaction payment from the country’s local currency to AUD. For the Citibank Plus Everyday account, the Mastercard exchange rate is used at the time of transaction. This exchange rate has a commission built into it, which means that you don’t pay any additional fees on top of the rate.

I hope this helps.

Please feel free to reach out to us if you have any other enquiries.

Thank you and have a wonderful day!

Cheers,
Jeni

Des
November 16, 2018

If you open a joint Citibank Plus everyday account, can you get two Debit Mastercards

Nikki
November 16, 2018

Hi Des,

Thanks for reaching out! You will certainly get two debit MasterCards when you open a joint Citibank Plus Everyday account.
Hope this was helpful. Don’t hesitate to message us back if you have more questions, we’re here!

Cheers,
Nikki

Maureen
October 15, 2018

Can I use my Citibank Plus card to take out money in India and Sri Lanka or use as a mastercard debit card?

finder Customer Care

John
October 16, 2018

Hi Maureen,

Thank you for leaving a question.

This account could be used overseas without incurring overseas ATM charges as well as Eftpos charges. So you should be good using it in India and Sri Lanka. Hope this helps!

Cheers,
Reggie

Vivien
September 20, 2018

Hi there,
Just want to confirm that there will be no charge for international ATM withdrawal fees.

Joel
September 20, 2018

Hi Vivien,

Thanks for leaving a question on finder.

I can confirm that the Citibank Plus everyday account does not have any ATM withdrawal fees when you withdraw in Citibank ATMs worldwide.

Please send me a message if you need anything else. :)

Cheers,
Joel

Ellie
May 6, 2018

I can see there is no charge for international ATM withdrawal fees but just wondering if there was an international currency conversion fee for the Citibank plus everyday account.

finder Customer Care

Jhez
May 7, 2018

Hello Ellie,

Thank you for your comment.

For Citibank Plus Everyday Account, they don’t charge any international transaction fees – so if you’re purchasing something overseas or shopping online from a non-Australian retailer website, you don’t need to worry about any fees.

Regards,
Jhezelyn

Terry
June 22, 2018

I am confused by what is meant by
“There is a fee charged when you transact in a currency other than AUD. This means that you are charged a conversion fee for transactions involving a conversion of currency.”
So, if I have AUD in my account and I purchase something while traveling in the UK in GBP does this attract a fee? Doesn’t this involve a conversion of currency?

Arnold
June 22, 2018

Hi Terry,

Thanks for your inquiry

Yes, other accounts normally charge conversion fees when transacting overseas. However, the Citibank Plus Transaction account is excluded from any fees when transacting using foreign currency. So you don’t have to worry about being charged for a conversion fee when you purchase something during your travel in the UK.

Hope this information helps

Cheers,
Arnold

Kim
April 18, 2018

What is the daily limit for withdrawal from ATM or for EFTOS transaction when overseas?

finder Customer Care

Jhez
April 18, 2018

Hello Kim,

Thank you for your comment.

Citibank Plus Everyday account is a debit card that has an unlimited withdrawal with a daily maximum limit of $1,000. This is already combined withdrawals and purchases made when you enter a PIN through ATM or EFTPOS.

You can have your daily max limit change if you wish to request it from Citibank. I hope this helps.

Regards,
Jhezelyn

Paul
April 3, 2018

How soon would I receive my cards if I opened an account today. I live in Perth WA

Nikki
April 3, 2018

Hi Paul!

Thanks for your question and for contacting finder – the leading comparison website & general information service built to give you advice in your buying decision needs. How are you doing today?

If you have all of your information readily available, filling out the application should take no more than five minutes. Once submitted, Citibank will issue you an account number. Within 5 to 7 business days you will receive a welcome pack from Citibank which will have your Debit MasterCard inside.

Hope this helps!

Cheers,

Nikki

Nick
March 28, 2018

I’m currently overseas and am trying to find a place on the citibank website as to where I can find citibank participating countries or participating banks in alliance with citibank to avoid withdrawal fees for future countries im visiting. I will be traveling through more of Central America, Europe and Africa. Can you please advise me of this?

finder Customer Care

Jeni
March 28, 2018

Hi Nick,

Thank you for getting in touch with finder.
I hope you’re having fun while overseas. You may want to check out this link for your reference. This is the list of Citibank ATM Locations Worldwide – Europe included.

I hope this helps.

Have a great day!

Cheers,
Jeni

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Citibank Plus everyday transaction account