Take advantage of no foreign transaction fees or overseas ATM withdrawal fees and free international money transfers when using Citibank Global Transfers.
Citibank's Everyday Plus account is completely fee-free, meaning you don't pay for international purchases or ATM withdrawals, and account-holders can also enjoy free international money transfers to any account, anywhere in the world. With this and a host of other features, the Citibank Plus Everyday Account is worth a look.
| Product Name | Citibank Plus Everyday Account |
|---|---|
| Min. Transfer Amount | AUD 10 |
| Max. Transfer Amount | AUD 10,000 |
| Transfer Methods | Online, Phone, Agent, Bank Account to Bank Account |
| Transfer Options | Regular payments, One off payments |
| Transfer Speed Minimum transfer time | Same day |
| Customer Service | Phone, Chat, Email, Branch |
| Available Currencies | AED, AFN, ALL, AMD, ANG, AOA, ARS, AUD, AWG, AZN, BAM, BBD, BDT, BGN, BHD, BIF, BMD, BND, BOB, BRL, BSD, BTN, BWP, BYR, BZD, CAD, CDF, CHF, CLP, CNY, COP, CRC, CUC, CUP, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ERN, ETB, EUR, FJD, FKP, GBP, GEL, GGP, GHS, GIP, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HTG, HUF, IDR, ILS, IMP, INR, IQD, IRR, ISK, JEP, JMD, JOD, JPY, KES, KGS, KHR, KMF, KPW, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, LTL, LYD, MAD, MDL, MGA, MKD, MMK, MNT, MOP, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SDG, SEK, SGD, SHP, SLL, SOS, SPL, SRD, STD, SVC, SYP, SZL, THB, TJS, TMT, TND, TOP, TRY, TTD, TVD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VEF, VND, VUV, WST, XAF, XCD, XDR, XOF, XPF, YER, ZAR, ZMW, ZWD |
| Online Transfer Fee | AUD 0 |
|---|---|
| Branch Transfer Fee | AUD 0 |
| Phone Transfer Fee | AUD 0 |
| Exchange Rate Updates | Real time |
Pros
- No transfer fee
- No account keeping fee
- Transfers can be instant to eligible countries and accounts
Cons
- Maximum transfer amount applies
- May not get optimum exchange rate
What are the features of the Citibank Plus Everyday Account?
- No foreign transaction fees or ATM withdrawal fees. The Citibank Plus Everyday Account has no fees for foreign transactions or ATM withdrawals. This can save you money when travelling, as most debit cards and credit cards will charge a percentage fee for each transaction overseas, in addition to a typical flat rate fee of between $3-$5 per withdrawal.
- Linked Debit Mastercard. Account holders receive a Debit Mastercard, allowing you to shop online and in-store both in Australia and overseas.
- Convenience and large ATM network. Using your Debit Mastercard you can access your money at over 3,000 ATMs across Australia with Citibank, Westpac, St George, Bank of Melbourne and BankSA ATMs with no ATM charges.
- Account tracking. Citibank helps you keep track of your spending and account activity with regular SMS notifications through Citi Alerts.
- Free wine when you dine at eligible restaurants. With the Citibank Dining Program, included with this account, you’ll receive a free bottle of wine every time you dine and pay with your Debit Mastercard at any participating restaurant.
- Free international money transfers with Citibank Global Transfers. A key aspect of this account is international money transfers with no transfer fee. See more details on this feature below.
How does Citibank Plus stack up against 28 Degrees?
Citibank Plus
- Account type: Transaction account
- Card type: Mastercard
- Fees for international money transfer: $0
- Fees for international ATM withdrawal: $0
- Monthly/annual fees: $0
- Covered for fraud? Yes, by Citibank Fraudshield (if conditions of use are followed)
- Offers credit? No
- Exchange rate offered? Mastercard exchange rate at time of purchase
28 Degrees
- Account type: Credit card
- Card type: Mastercard
- Fees for international money transfer: $0
- Fees for international ATM withdrawal: 3% of the cash advance or $4 (whichever is higher), pus cash advance interest rate if applicable. If funds are preloaded onto the card interest will not be charged, but fees still apply.
- Monthly/annual fees: $0
- Covered for fraud? Yes
- Offers credit? Yes
- Exchange rate offered? The Mastercard rate at the time of purchase
How does the free international money transfers feature work?
Citibank offers a wide range of international money transfers with this account, but it’s important to understand how they work to avoid fees and charges. When you transfer funds in any currency from your Citibank Plus account to any other account in the world, you will not be charged a transfer fee.
When you send money between Citibank accounts in participating countries your money will arrive instantly. When you transfer your money online to any other bank account your payment will be processed in three to five business days.
Terms and conditions explained in simple English
Citibank Global Transfers are available when you transfer money from Citibank Australia to an eligible Citibank account in the selected countries listed below. A daily transfer limit applies and funds are converted to the destination amount specified by before the transfer. The exchange rate applies includes a commission for the conversion service. Depending on local regulations, transfers will typically reach the destination account immediately, but can take up to 24 business hours.
Citibank Global transfers are available to the following countries:
- Bahrain
- China
- Colombia
- Czech Republic
- Guam
- Hong Kong
- Hungary
- India
- Indonesia
- Japan
- Jersey
- Korea
- Malaysia
- Mexico
- Philippines
- Poland
- Singapore
- Taiwan
- Thailand
- United States
- United Kingdom
- United Arab Emirates
- Vietnam
How does this account help when you're travelling?
If you use Citibank or any partner-branded ATMs overseas you won’t be charged ATM fees. With the Mastercard-branded debit card you can also shop using your own money when you’re travelling, and the account offers unlimited fee-free transactions.
What fees and charges are payable with this account?
The Citibank Plus Everyday Account charges no monthly fees and no fees for international transactions or ATM withdrawals at supported banks. If you withdraw from an ATM in Australia which isn't a Citibank or Westpac Group ATM (which includes Westpac, St.George, BankSA and Bank of Melbourne ATMs) you'll be charged ATM owner fees, which will depend on the ATM you use.
How do you apply for the Citibank Plus Everyday Account?
You can apply for the Citibank Plus Everyday Account through their website. Once you agree to Citibank’s terms and conditions you can confirm the type of account you want to open. You’ll need to provide the following basic details:
- Proof that you’re over the age of 18
- Two forms of ID - Australian Driver's Licence and Medicare Card or Australian Driver's Licence and Passport.
- Residential and contact details, including your current email address
Once you’ve provided this information and been approved for the account, you should receive details of your account and your Debit Mastercard soon after.
My account has been set up - how do I send money overseas?
Go to Payments and Transfers > Add a Payee > Follow the prompts on the page.
Are there any fees or charges when you transfer money from overseas to Australia?
Hi Herbert,
Thanks for reaching out to finder.
If you are referring to Citibank Plus Everyday Account, there is no fee for incoming or outgoing fund transfers. You can send or receive money free of charge, anywhere in the world.
I hope this helps.
Cheers,
Charisse
hello,
i was wondering if I’m able to use this card in laos? I will also be planning on using it in vietnam, are there specific atm’s i have to use to avoid fees on the card?
Hi Charlie,
Thanks for getting in touch! You may certainly use the Citibank Plus Everyday account in Laos and Vietnam. The Citibank Plus account is a fee-free everyday account. There are no currency conversion fees or international transaction fees applicable when using the overseas. It will not charge you ATM fees when using any ATM in the world including in-store purchases. Please note that non-Citibank ATM owners may charge a fee for use of their ATM.
There is no specific ATM’s that you can use globally. You can use all ATM’s that has a Plus or Mastercard logo.
Hope this was helpful. Don’t hesitate to message us back if you have more questions.
Cheers,
Nikki
I’m interested in the applying for this Citibank account but wondering if there is a minimum monthly transfer amount for this account? I.e. Do I have to transfer a certain amount into this account to keep it active?
Hi Max,
Thanks for reaching out to finder.
There is no minimum transfer amount required to keep Citibank Plus transaction account active. This account does not also have any minimum opening balance, minimum ongoing balance and monthly account keeping fee.
If you need more information, you can visit Citibank website or contact them directly.
I hope this helps.
Cheers,
Charisse
I’ve noticed that Citibank now have their own exchange rates on their website and app. I can’t remember when was the last time I checked but I don’t remember seeing it before. So do they still use Mastercard’s exchange rate for foreign currency transactions and overseas ATM withdrawals and in-store purchase?
I’ve been using Citibank for all my overseas related transactions thanks to the great exchange rate and $0 fees. It is especially convenient when I travel to countries like Singapore which have plenty of their ATMs and I can withdraw cash as I go at Mastercard’s very good rate.
It’d be great if you could verify any changes in the exchange rates they use for the transactions I mentioned above.
Thank heaps.
Hi Joe,
Thank you for getting in touch with finder.
Nothing’s changed if you use your Citibank debit card overseas. They still use Mastercard’s exchange rate for foreign currency transactions and overseas ATM withdrawals and in-store purchases. Citibank’s Foreign Exchange Rates page is basically applicable for Citibank’s global transfers and foreign investment transactions only. I still recommend that you contact Citibank directly to verify this matter as well.
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
Where do I find a travel card that will be accepted in Fiji?
Hi Tina,
Thank you for getting in touch with finder.
If you have this account, the debit card linked to this Citibank Plus Transaction account can be used in Fiji.
You may also want to know your other options by checking out this page. On that page, you will see travel credit cards, debit cards and prepaid travel money cards that can be used in Fiji, as well as how much you should bring there.
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
My 8 weeks trip to Europe will be UK, Russia, Poland and Belgium. Is Citibank Plus Everyday Account a good option to have maybe for Poland but no sure for the others?
Hello Alex,
Thank you for your comment.
You can definitely use Citibank Plus Everyday Account across Europe. No fee for ATM transactions via Citi ATM’s, for other fees, kindly refer to the fees section above.
Meanwhile, you may want to compare other travel money cards that can be used for your travel to Europe here. I hope this helps.
Regards,
Jhezelyn
Where is the “Go to Site” link on this page?
Hi David,
Thank you for reaching out to us.
Unfortunately, we do not have direct link for the Citibank Plus Transaction Account. You may want to compare the other transaction accounts that we have on this page. The listed transaction accounts from different banks has the green ‘Go to site’ button to redirect you to their website.
I hope this helps.
Please do not hesitate to reach out to us again if you have additional questions.
Cheers,
Ash
Do they do a credit check when you apply for a Citibank Plus Everyday Account? I have opened some credit cards and I don’t want my score to fall.
Hi Zaid, thanks for your inquiry
Yes. All credit applications are recorded onto your credit score/ report. This does not necessarily mean your score will fall. Instead banks and other institutions will see your application history when you apply for a credit product next.
Thanks,
Jonathan
Is it possible to set up and Australian bank account with Citibank while overseas? I am an Australian citizen but not in the country presently.
Hi Miranda,
Thanks for reaching out! This is possible if you are already an existing Citibank customer in your home country. You just need to visit your local Citibank branch and speak to a Relationship Manager or call the Citibank Global Support Centre. I will email you separately for Citibank’s contact details. Here’s an additional reference that might be of help too. (https://www.finder.com.au/moving-to-australia/opening-a-bank-account-in-australia). Here, you will also find other banks having migration programs.
Hope that helps.
Best,
Ian
I’m travelling to chile, peru and bolivia and am wondering if this would be a good option? also would you recommend getting a credit card as well for emergency
, as this is basically just a travel card?
thanks
Hi Tess,
Thanks for your inquiry
This is a very versatile card and offers you real-time exchange rates. Citibank has ATMs in Bolivia and Peru, however, in Chile, there are only partner banks which may charge you for cash withdrawals. So it would be better paying using the card rather than withdrawing cash. In the end, it will ultimately depend on you if you still want to get a credit card as a back up.
Hope this information helps
Cheers,
Arnold