{"id":16461,"date":"2025-03-06T11:09:24","date_gmt":"2025-03-06T05:39:24","guid":{"rendered":"https:\/\/fly.finance\/blog\/?p=16461"},"modified":"2025-03-06T11:11:14","modified_gmt":"2025-03-06T05:41:14","slug":"citibank-credit-card-foreign-transaction-fees","status":"publish","type":"post","link":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/","title":{"rendered":"Citibank Credit Card Foreign Transaction Fees"},"content":{"rendered":"\n<p>If you frequently travel abroad or shop from international merchants, understanding the Citibank Credit Card Foreign Transaction Fee is essential. Citibank apply foreign transaction fee when you make purchases in a foreign currency or through overseas retailers. Typically, Citibank charges a foreign currency markup of up to 3.5% on such transactions.<\/p>\n\n\n\n<p>By choosing the right Citibank credit card, you can minimize extra fees and make your foreign transactions more cost-effective. Let\u2019s explore all the details related to Citibank Credit Card foreign transaction fees.<\/p>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2 id=\"table-of-contents\">Table of contents<\/h2><ul><li><a href=\"#h-what-is-citibank-credit-card-foreign-transaction-fee\" data-level=\"2\">What is CitiBank Credit Card Foreign Transaction Fee?<\/a><\/li><li><a href=\"#h-citibank-credit-cards-with-no-foreign-transaction-fee\" data-level=\"2\">Citibank Credit Cards with No Foreign Transaction Fee<\/a><ul><li><a href=\"#h-citi-aadvantage-platinum-select-world-elite-mastercard\" data-level=\"3\">Citi\/ AAdvantage Platinum Select World Elite Mastercard<\/a><\/li><li><a href=\"#h-costco-anywhere-visa-card-by-citi\" data-level=\"3\">Costco Anywhere Visa Card by Citi<\/a><\/li><li><a href=\"#h-citi-aadvantage-executive-world-elite-mastercard\" data-level=\"3\">Citi\/ AAdvantage Executive World Elite Mastercard<\/a><\/li><li><a href=\"#h-citi-aadvantage-business-world-elite-mastercard\" data-level=\"3\">Citi\/ AAdvantage Business World Elite Mastercard<\/a><\/li><li><a href=\"#h-costco-anywhere-visa-business-card-by-citi\" data-level=\"3\">Costco Anywhere Visa Business Card by Citi<\/a><\/li><\/ul><\/li><li><a href=\"#h-how-does-citibank-credit-card-foreign-transaction-fee-work\" data-level=\"2\">How Does Citibank Credit Card Foreign Transaction Fee Work?<\/a><\/li><li><a href=\"#h-tips-to-avoid-or-minimise-citibank-credit-card-foreign-transaction-fees\" data-level=\"2\">Tips to Avoid or Minimise Citibank Credit Card Foreign Transaction Fees<\/a><\/li><li><a href=\"#h-faqs-on-citibank-credit-card-foreign-transaction-fee\" data-level=\"2\">FAQs on Citibank Credit Card Foreign Transaction Fee<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-citibank-credit-card-foreign-transaction-fee\"><span id=\"what-is-citibank-credit-card-foreign-transaction-fee\">What is CitiBank Credit Card Foreign Transaction Fee?<\/span><\/h2>\n\n\n\n<p>Most Citibank credit cards, except the Citi Rewards Domestic Credit Card, are subject to a <em>Citibank Credit Card Foreign Transaction Fee of 3.5%<\/em> on the INR equivalent of the US Dollar for international transactions in USD. This fee is calculated based on <a href=\"https:\/\/fly.finance\/blog\/money-transfer\/citibank-currency-exchange\/\"><strong>Citibank currency exchange<\/strong><\/a> rates and the conversion rates set by card networks.<\/p>\n\n\n\n<p><strong>Currency Conversion Process:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>For USD transactions:<\/strong> The fee is directly applied to the INR equivalent.<\/li>\n\n\n\n<li><strong>For non-USD transactions:<\/strong> The amount is first converted to USD using card network rates, then to INR, before the Citibank credit card foreign transaction fees are applied.<\/li>\n<\/ul>\n\n\n\n<h3 id=\"dynamic-currency-conversion-dcc-charges-on-citibank-credit-cards\" class=\"wp-block-heading\">Dynamic Currency Conversion (DCC) Charges on Citibank Credit Cards<\/h3>\n\n\n\n<p>Besides the Citibank credit card foreign transaction fee, some Citibank credit cards may also incur <strong><strong><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/dynamic-currency-conversion\/\"><strong>Dynamic Currency Conversion<\/strong><\/a> <\/strong><\/strong>(DCC) charges when foreign transactions are processed in Indian Rupees (INR) instead of the local currency.<\/p>\n\n\n\n<p><strong>DCC Service:<\/strong> Offered by merchants or ATMs, allowing international cardholders to pay in INR, often with additional fees. Here\u2019s the list of cards along with the DCC charges on them-<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Citibank Credit Cards<\/strong><\/td><td><strong>Dynamic Currency Conversion Charges<\/strong><\/td><\/tr><tr><td>Citi Prestige Credit Card, Citi Corporate Card<\/td><td>No markup charges<\/td><\/tr><tr><td>Citi PremierMiles Credit Card, Citi Cash Back Credit Card, Citi Rewards Domestic Credit Card, Citi Rewards International Credit Card, First Citizen Citi Credit Card, IndianOil Citi Credit Card, CitiBusiness IOC Credit Card, CitiBusiness Credit Card, IKEA Family Credit Card by Citi<\/td><td>1% (+GST) on each international transaction made in Indian currency<\/td><\/tr><tr><td colspan=\"2\"><em>Please note that these charges are available on the mentioned Citibank credit cards, effective from 15th January 2024.<\/em><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: This blog is a comprehensive guide on the benefits of opening an account in <\/strong><a href=\"https:\/\/fly.finance\/blog\/student-account\/citi-bank-usa\/\"><strong>Citi Bank, USA<\/strong><\/a><strong> as an international student. Read to know them all!<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-citibank-credit-cards-with-no-foreign-transaction-fee\"><span id=\"citibank-credit-cards-with-no-foreign-transaction-fee\">Citibank Credit Cards with No Foreign Transaction Fee<\/span><\/h2>\n\n\n\n<p>If you frequently travel abroad or shop from international retailers, Citibank credit cards with no foreign transaction fees can help you save on additional charges. These cards allow you to make purchases overseas without paying extra fees, making them a cost-effective choice for global spending.<\/p>\n\n\n\n<p>Let\u2019s take a closer look at some of the best Citibank credit cards with no foreign transaction fees:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-citi-aadvantage-platinum-select-world-elite-mastercard\"><span id=\"citi-aadvantage-platinum-select-world-elite-mastercard\">Citi\/ AAdvantage Platinum Select World Elite Mastercard<\/span><\/h3>\n\n\n\n<p>The Citi\/ AAdvantage Platinum Select World Elite Mastercard is a great option for travellers who are loyal to American Airlines. This card not only provides a wide range of travel benefits, such as earning AAdvantage miles on every purchase, but it also offers no foreign transaction fees. <\/p>\n\n\n\n<p>Whether you&#8217;re booking flights, dining abroad, or making purchases at international retailers, you won&#8217;t incur additional costs for using your card outside the United States.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-costco-anywhere-visa-card-by-citi\"><span id=\"costco-anywhere-visa-card-by-citi\">Costco Anywhere Visa Card by Citi<\/span><\/h3>\n\n\n\n<p>For Costco members who frequently travel or shop internationally, the Costco Anywhere Visa Card by Citi is a solid choice. This card offers no foreign transaction fees and provides rewards on purchases made worldwide.<\/p>\n\n\n\n<p>It offers cashback on eligible purchases like gas, dining, and travel, all without the added burden of foreign transaction fees when making purchases outside of the United States.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-citi-aadvantage-executive-world-elite-mastercard\"><span id=\"citi-aadvantage-executive-world-elite-mastercard\">Citi\/ AAdvantage Executive World Elite Mastercard<\/span><\/h3>\n\n\n\n<p>The Citi\/ AAdvantage Executive World Elite Mastercard is a premium travel card specifically designed for frequent American Airlines travellers. It comes with the added benefit of no foreign transaction fees, so you can enjoy international travel and purchases without worrying about extra charges.<\/p>\n\n\n\n<p>This card also offers high earn rates on American Airlines purchases and access to valuable travel benefits like Admirals Club membership, making it an excellent choice for those who travel often.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-citi-aadvantage-business-world-elite-mastercard\"><span id=\"citi-aadvantage-business-world-elite-mastercard\">Citi\/ AAdvantage Business World Elite Mastercard<\/span><\/h3>\n\n\n\n<p>For business owners who travel internationally, the Citi\/ AAdvantage Business World Elite Mastercard is a top-tier card that offers no foreign transaction fees. With this card, you can earn AAdvantage miles on business purchases, including travel, office supplies, and more.<\/p>\n\n\n\n<p>Plus, there are no additional fees for international business transactions, making it an ideal option for frequent business travellers looking to maximize rewards without the added cost of foreign transaction fees.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-costco-anywhere-visa-business-card-by-citi\"><span id=\"costco-anywhere-visa-business-card-by-citi\">Costco Anywhere Visa Business Card by Citi<\/span><\/h3>\n\n\n\n<p>Similar to the personal Costco card, the Costco Anywhere Visa Business Card by Citi offers no foreign transaction fees. It&#8217;s perfect for business owners who shop internationally or travel abroad for work.<\/p>\n\n\n\n<p>This card also provides rewards on eligible purchases such as gas, travel, and dining, and it eliminates the foreign transaction fees, helping to save money on international purchases for your business.<\/p>\n\n\n\n<h3 id=\"why-choose-citibank-credit-cards-with-no-foreign-transaction-fees\" class=\"wp-block-heading\">Why Choose Citibank Credit Cards with No Foreign Transaction Fees?<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Save on international purchases<\/strong> by avoiding extra charges.<\/li>\n\n\n\n<li><strong>Earn rewards and cashback<\/strong> while spending abroad.<\/li>\n\n\n\n<li><strong>Ideal for frequent travelers and business owners<\/strong> who make global transactions.<\/li>\n<\/ul>\n\n\n\n<p>By opting for a Citibank credit card with no foreign transaction fees, you can enjoy seamless international spending while maximizing rewards and savings.<\/p>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Know everything about <\/strong><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/citibank-international-wire-transfer\/\"><strong>Citibank international wire transfer<\/strong><\/a><strong> &#8211; what are the transfer limits, citibank global transfers, and more.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-does-citibank-credit-card-foreign-transaction-fee-work\"><span id=\"how-does-citibank-credit-card-foreign-transaction-fee-work\">How Does Citibank Credit Card Foreign Transaction Fee Work?<\/span><\/h2>\n\n\n\n<p>When using a Citibank credit card for foreign transactions, the Citibank Credit Card Foreign Transaction Fees are applied in the following manner:<\/p>\n\n\n\n<p><strong>Currency Conversion Process:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>The transaction amount in the foreign currency is first converted into US Dollars (USD).<\/li>\n\n\n\n<li>The USD amount is then converted into Indian Rupees (INR) using the exchange rate provided by Visa or MasterCard.<\/li>\n\n\n\n<li>A foreign currency markup fee of up to 3.5% is applied to the INR equivalent of the transaction value.<\/li>\n<\/ol>\n\n\n\n<h4 id=\"example\" class=\"wp-block-heading\"><strong>Example:<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If you make a purchase in Euros (EUR) or British Pounds (GBP), Citi will first convert the amount to USD and then to INR.<\/li>\n\n\n\n<li>The 3.5% foreign transaction fee is then added to the final INR amount.<\/li>\n<\/ul>\n\n\n\n<p>By understanding Citibank Credit Card Foreign Transaction Fees, you can better plan your international transactions and avoid unnecessary charges.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-tips-to-avoid-or-minimise-citibank-credit-card-foreign-transaction-fees\"><span id=\"tips-to-avoid-or-minimise-citibank-credit-card-foreign-transaction-fees\">Tips to Avoid or Minimise Citibank Credit Card Foreign Transaction Fees<\/span><\/h2>\n\n\n\n<p>Citibank credit card foreign transaction fees can add up when making purchases abroad or shopping on international websites. With fees of up to 3.5% on foreign transactions, it\u2019s important to explore ways to reduce or avoid these charges.<\/p>\n\n\n\n<p>By following these tips, you can minimise the impact of Citibank credit card foreign transaction fees and avoid unnecessary charges while shopping or traveling abroad.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Use a Credit Card Without Foreign Transaction Fees<\/strong><br>Some credit cards are specifically designed for international travellers and don\u2019t charge foreign transaction fees. These are called <a href=\"https:\/\/fly.finance\/blog\/money-transfer\/zero-forex-markup-credit-card\/\"><strong>zero Forex markup credit cards<\/strong><\/a>. If you travel frequently or make international purchases, consider applying for a Citi credit card or another card that offers no foreign transaction fees. This will help you avoid paying extra charges on each foreign purchase.<\/li>\n\n\n\n<li><strong>Pay in the Local Currency<\/strong><br>When travelling abroad, always opt to pay in the local currency rather than allowing the merchant to charge you in your home currency (Indian Rupees). By choosing to pay in the local currency, you ensure that the transaction is converted using the exchange rates set by the card network (MasterCard\/Visa), and you avoid the DCC markup.<\/li>\n\n\n\n<li><strong>Shop Online Using INR<\/strong><br>When making online purchases from international websites, check if they offer prices in Indian Rupees (INR). If you\u2019re able to shop in INR, it will save you from the hassle and cost of currency conversion altogether. This also eliminates the need for Citi to apply the foreign transaction fee. Alternatively, you can use the best <a href=\"https:\/\/fly.finance\/blog\/money-transfer\/forex-card\/forex-cards-for-indian-travellers\/\"><strong>forex cards for Indian travellers<\/strong><\/a> to save on additional costs.<\/li>\n\n\n\n<li><strong>Be Aware of DCC<\/strong><br>If you\u2019re using your Citi credit card internationally and the merchant offers Dynamic Currency Conversion (DCC), be aware of the potential added costs. The merchant or DCC service provider will convert the transaction into INR, but the exchange rates they use could be unfavourable, leading to higher charges. Always check the final amount before confirming payment. If the merchant offers DCC, declining the option and opting to pay in the local currency will help avoid the additional charges.<\/li>\n\n\n\n<li><strong>Keep Track of Your Transactions<\/strong><br>To stay on top of your spending and spot any unexpected fees, hold on to your transaction slips. This makes it easier to cross-check your expenses with your credit card statement. You can also use your smartphone to quickly check your account balance or track spending via your banking app, ensuring that you catch any discrepancies early.<\/li>\n<\/ol>\n\n\n\n<p>This was all about Citibank&#8217;s foreign transaction fee. To learn more about <a href=\"https:\/\/fly.finance\/loans\"><strong>education loans<\/strong><\/a>, the best <a href=\"https:\/\/fly.finance\/international-bank-account\"><strong>bank accounts for students<\/strong><\/a>, <a href=\"https:\/\/fly.finance\/forex\"><strong>forex,<\/strong><\/a> banking experience for global students, or international money transfers, reach out to our experts at 1800572126 to help ease your experience with studying abroad.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs-on-citibank-credit-card-foreign-transaction-fee\"><span id=\"faqs-on-citibank-credit-card-foreign-transaction-fee\">FAQs on Citibank Credit Card Foreign Transaction Fee<\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1733826122393\"><strong class=\"schema-faq-question\">What is a Citibank Credit Card Foreign Transaction Fee?<\/strong> <p class=\"schema-faq-answer\">A Citibank credit card foreign transaction fee is applied for purchases made in a foreign currency, typically up to 3.5% of the total transaction amount in INR.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1733826123313\"><strong class=\"schema-faq-question\">Which Citibank credit cards charge foreign transaction fees?<\/strong> <p class=\"schema-faq-answer\">All Citibank credit cards, except for the Citi Rewards Domestic Credit Card, incur a 3.5% foreign transaction fee on purchases made in foreign currencies.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1733826123721\"><strong class=\"schema-faq-question\">How is the Citibank Credit Card Foreign Transaction Fee calculated?<\/strong> <p class=\"schema-faq-answer\">The Citibank credit card foreign transaction fee is calculated based on the INR equivalent of the foreign transaction amount after it is converted first into US Dollars (USD) and then into INR.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1733826124383\"><strong class=\"schema-faq-question\">Are there any Citibank credit cards with no foreign transaction fees?<\/strong> <p class=\"schema-faq-answer\">Yes, Citibank offers cards like the Citi AAdvantage Platinum Select World Elite Mastercard and Costco Anywhere Visa Card with no foreign transaction fees.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1733826164310\"><strong class=\"schema-faq-question\">What is Dynamic Currency Conversion (DCC)?<\/strong> <p class=\"schema-faq-answer\">DCC is a service where merchants convert your transaction into your home currency (INR), potentially charging extra fees. Opting for local currency is usually better to avoid high charges.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1733826164780\"><strong class=\"schema-faq-question\">How does Dynamic Currency Conversion impact my Citibank card?<\/strong> <p class=\"schema-faq-answer\">If you choose DCC, the merchant converts the transaction into INR, often at unfavourable exchange rates. Citi may charge a 1% (+GST) fee on transactions made in INR.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1733826165287\"><strong class=\"schema-faq-question\">Can I avoid foreign transaction fees with Citibank credit cards?<\/strong> <p class=\"schema-faq-answer\">You can avoid fees by using Citi credit cards with no foreign transaction fees or paying in the local currency instead of opting for DCC.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1733826165744\"><strong class=\"schema-faq-question\">What is the Citibank Credit Card Foreign Transaction markup fee?<\/strong> <p class=\"schema-faq-answer\">Citibank charges a foreign currency markup fee of up to 3.5% on the INR equivalent of transactions made in foreign currencies, including USD.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1733826208023\"><strong class=\"schema-faq-question\">How are foreign transactions converted into INR?<\/strong> <p class=\"schema-faq-answer\">Foreign transactions are first converted into US Dollars, then converted into INR using exchange rates set by Mastercard\/Visa. The foreign transaction fee is then applied.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1733826208587\"><strong class=\"schema-faq-question\">What should I do to minimize foreign transaction fees?<\/strong> <p class=\"schema-faq-answer\">To minimize fees, use a card without foreign transaction charges, pay in local currency, and avoid Dynamic Currency Conversion when abroad.<\/p> <\/div> <\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-pale-ocean-gradient-background has-background has-fixed-layout\"><tbody><tr><td colspan=\"2\"><strong>Related Blogs<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-cancellation\/\"><strong>Education Loan Cancellation<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/karnataka-bank-education-loan\/\"><strong>Karnataka Bank Education Loan to Study Abroad<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/dcb-bank-education-loan-interest-rate\/\"><strong>DCB Bank Education Loan Interest Rates<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/tax-exemption-from-an-education-loan\/\"><strong>Tax Exemption from Education Loan<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/baroda-yoddha-education-loan\/\"><strong>Baroda Yoddha Education Loan for Wards of Defence Personnel<\/strong><\/a><strong> <\/strong><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/sbi-interest-certificate\/\"><strong>SBI Interest Certificate<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/tata-capital-education-loan\/\"><strong>Tata Capital Education Loan<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/what-is-a-credit-union\/\"><strong>What is a Credit Union?<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/pnb-education-loan-processing-time\/\"><strong>PNB Education Loan Processing Time<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/sbi-shaurya-education-loan\/\"><strong>SBI Shaurya Education Loan<\/strong><\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Follow Us on Social Media<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-social-links is-layout-flex wp-block-social-links-is-layout-flex\"><li class=\"wp-social-link wp-social-link-instagram  wp-block-social-link\"><a href=\"https:\/\/instagram.com\/flydotfinance\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12,4.622c2.403,0,2.688,0.009,3.637,0.052c0.877,0.04,1.354,0.187,1.671,0.31c0.42,0.163,0.72,0.358,1.035,0.673 c0.315,0.315,0.51,0.615,0.673,1.035c0.123,0.317,0.27,0.794,0.31,1.671c0.043,0.949,0.052,1.234,0.052,3.637 s-0.009,2.688-0.052,3.637c-0.04,0.877-0.187,1.354-0.31,1.671c-0.163,0.42-0.358,0.72-0.673,1.035 c-0.315,0.315-0.615,0.51-1.035,0.673c-0.317,0.123-0.794,0.27-1.671,0.31c-0.949,0.043-1.233,0.052-3.637,0.052 s-2.688-0.009-3.637-0.052c-0.877-0.04-1.354-0.187-1.671-0.31c-0.42-0.163-0.72-0.358-1.035-0.673 c-0.315-0.315-0.51-0.615-0.673-1.035c-0.123-0.317-0.27-0.794-0.31-1.671C4.631,14.688,4.622,14.403,4.622,12 s0.009-2.688,0.052-3.637c0.04-0.877,0.187-1.354,0.31-1.671c0.163-0.42,0.358-0.72,0.673-1.035 c0.315-0.315,0.615-0.51,1.035-0.673c0.317-0.123,0.794-0.27,1.671-0.31C9.312,4.631,9.597,4.622,12,4.622 M12,3 C9.556,3,9.249,3.01,8.289,3.054C7.331,3.098,6.677,3.25,6.105,3.472C5.513,3.702,5.011,4.01,4.511,4.511 c-0.5,0.5-0.808,1.002-1.038,1.594C3.25,6.677,3.098,7.331,3.054,8.289C3.01,9.249,3,9.556,3,12c0,2.444,0.01,2.751,0.054,3.711 c0.044,0.958,0.196,1.612,0.418,2.185c0.23,0.592,0.538,1.094,1.038,1.594c0.5,0.5,1.002,0.808,1.594,1.038 c0.572,0.222,1.227,0.375,2.185,0.418C9.249,20.99,9.556,21,12,21s2.751-0.01,3.711-0.054c0.958-0.044,1.612-0.196,2.185-0.418 c0.592-0.23,1.094-0.538,1.594-1.038c0.5-0.5,0.808-1.002,1.038-1.594c0.222-0.572,0.375-1.227,0.418-2.185 C20.99,14.751,21,14.444,21,12s-0.01-2.751-0.054-3.711c-0.044-0.958-0.196-1.612-0.418-2.185c-0.23-0.592-0.538-1.094-1.038-1.594 c-0.5-0.5-1.002-0.808-1.594-1.038c-0.572-0.222-1.227-0.375-2.185-0.418C14.751,3.01,14.444,3,12,3L12,3z M12,7.378 c-2.552,0-4.622,2.069-4.622,4.622S9.448,16.622,12,16.622s4.622-2.069,4.622-4.622S14.552,7.378,12,7.378z M12,15 c-1.657,0-3-1.343-3-3s1.343-3,3-3s3,1.343,3,3S13.657,15,12,15z M16.804,6.116c-0.596,0-1.08,0.484-1.08,1.08 s0.484,1.08,1.08,1.08c0.596,0,1.08-0.484,1.08-1.08S17.401,6.116,16.804,6.116z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">Instagram<\/span><\/a><\/li>\n\n<li class=\"wp-social-link wp-social-link-linkedin  wp-block-social-link\"><a href=\"https:\/\/www.linkedin.com\/company\/flyfinance\/\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M19.7,3H4.3C3.582,3,3,3.582,3,4.3v15.4C3,20.418,3.582,21,4.3,21h15.4c0.718,0,1.3-0.582,1.3-1.3V4.3 C21,3.582,20.418,3,19.7,3z M8.339,18.338H5.667v-8.59h2.672V18.338z M7.004,8.574c-0.857,0-1.549-0.694-1.549-1.548 c0-0.855,0.691-1.548,1.549-1.548c0.854,0,1.547,0.694,1.547,1.548C8.551,7.881,7.858,8.574,7.004,8.574z M18.339,18.338h-2.669 v-4.177c0-0.996-0.017-2.278-1.387-2.278c-1.389,0-1.601,1.086-1.601,2.206v4.249h-2.667v-8.59h2.559v1.174h0.037 c0.356-0.675,1.227-1.387,2.526-1.387c2.703,0,3.203,1.779,3.203,4.092V18.338z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">LinkedIn<\/span><\/a><\/li>\n\n<li class=\"wp-social-link wp-social-link-twitter  wp-block-social-link\"><a href=\"https:\/\/twitter.com\/flydotfinance\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M22.23,5.924c-0.736,0.326-1.527,0.547-2.357,0.646c0.847-0.508,1.498-1.312,1.804-2.27 c-0.793,0.47-1.671,0.812-2.606,0.996C18.324,4.498,17.257,4,16.077,4c-2.266,0-4.103,1.837-4.103,4.103 c0,0.322,0.036,0.635,0.106,0.935C8.67,8.867,5.647,7.234,3.623,4.751C3.27,5.357,3.067,6.062,3.067,6.814 c0,1.424,0.724,2.679,1.825,3.415c-0.673-0.021-1.305-0.206-1.859-0.513c0,0.017,0,0.034,0,0.052c0,1.988,1.414,3.647,3.292,4.023 c-0.344,0.094-0.707,0.144-1.081,0.144c-0.264,0-0.521-0.026-0.772-0.074c0.522,1.63,2.038,2.816,3.833,2.85 c-1.404,1.1-3.174,1.756-5.096,1.756c-0.331,0-0.658-0.019-0.979-0.057c1.816,1.164,3.973,1.843,6.29,1.843 c7.547,0,11.675-6.252,11.675-11.675c0-0.178-0.004-0.355-0.012-0.531C20.985,7.47,21.68,6.747,22.23,5.924z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">Twitter<\/span><\/a><\/li>\n\n<li class=\"wp-social-link wp-social-link-facebook  wp-block-social-link\"><a href=\"https:\/\/www.facebook.com\/Flydotfinance\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12 2C6.5 2 2 6.5 2 12c0 5 3.7 9.1 8.4 9.9v-7H7.9V12h2.5V9.8c0-2.5 1.5-3.9 3.8-3.9 1.1 0 2.2.2 2.2.2v2.5h-1.3c-1.2 0-1.6.8-1.6 1.6V12h2.8l-.4 2.9h-2.3v7C18.3 21.1 22 17 22 12c0-5.5-4.5-10-10-10z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">Facebook<\/span><\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>If you frequently travel abroad or shop from international merchants, understanding the Citibank Credit Card Foreign Transaction Fee is essential. Citibank apply foreign transaction fee when you make purchases in a foreign currency or through overseas retailers. Typically, Citibank charges a foreign currency markup of up to 3.5% on such transactions. By choosing the right &#8230; <a title=\"Citibank Credit Card Foreign Transaction Fees\" class=\"read-more\" href=\"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/\" aria-label=\"Read more about Citibank Credit Card Foreign Transaction Fees\">Read more<\/a><\/p>\n","protected":false},"author":29,"featured_media":16463,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[297],"tags":[],"class_list":["post-16461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credit-cards"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Citibank Credit Card Foreign Transaction Fees<\/title>\n<meta name=\"description\" content=\"Citibank Credit Card Foreign Transaction Fee: Explore the world of Citibank Credit Card foreign transaction fees and learn about its rewards, benefits, and ways to avoid unnecessary charges.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Citibank Credit Card Foreign Transaction Fees\" \/>\n<meta property=\"og:description\" content=\"Citibank Credit Card Foreign Transaction Fee: Explore the world of Citibank Credit Card foreign transaction fees and learn about its rewards, benefits, and ways to avoid unnecessary charges.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/\" \/>\n<meta property=\"og:site_name\" content=\"Fly Finance\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/shubhika.garg\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-06T05:39:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-06T05:41:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flyblog.fly.finance\/uploads\/2024\/12\/Citibank-Credit-Card-Foreign-Transaction-Fees-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Shubhika Garg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shubhika Garg\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Citibank Credit Card Foreign Transaction Fees","description":"Citibank Credit Card Foreign Transaction Fee: Explore the world of Citibank Credit Card foreign transaction fees and learn about its rewards, benefits, and ways to avoid unnecessary charges.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/","og_locale":"en_US","og_type":"article","og_title":"Citibank Credit Card Foreign Transaction Fees","og_description":"Citibank Credit Card Foreign Transaction Fee: Explore the world of Citibank Credit Card foreign transaction fees and learn about its rewards, benefits, and ways to avoid unnecessary charges.","og_url":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/","og_site_name":"Fly Finance","article_author":"https:\/\/www.facebook.com\/shubhika.garg\/","article_published_time":"2025-03-06T05:39:24+00:00","article_modified_time":"2025-03-06T05:41:14+00:00","og_image":[{"width":1024,"height":640,"url":"https:\/\/flyblog.fly.finance\/uploads\/2024\/12\/Citibank-Credit-Card-Foreign-Transaction-Fees-1.png","type":"image\/png"}],"author":"Shubhika Garg","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Shubhika Garg","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#article","isPartOf":{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/"},"author":{"name":"Shubhika Garg","@id":"https:\/\/fly.finance\/blog\/#\/schema\/person\/1f13adc00f6f67e7ed5a2fb5e97bfec6"},"headline":"Citibank Credit Card Foreign Transaction Fees","datePublished":"2025-03-06T05:39:24+00:00","dateModified":"2025-03-06T05:41:14+00:00","mainEntityOfPage":{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/"},"wordCount":1999,"commentCount":0,"publisher":{"@id":"https:\/\/fly.finance\/blog\/#organization"},"image":{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#primaryimage"},"thumbnailUrl":"https:\/\/flyblog.fly.finance\/uploads\/2024\/12\/Citibank-Credit-Card-Foreign-Transaction-Fees-1.png","articleSection":["Credit Cards"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#respond"]}],"accessibilityFeature":["tableOfContents"]},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/","url":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/","name":"Citibank Credit Card Foreign Transaction Fees","isPartOf":{"@id":"https:\/\/fly.finance\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#primaryimage"},"image":{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#primaryimage"},"thumbnailUrl":"https:\/\/flyblog.fly.finance\/uploads\/2024\/12\/Citibank-Credit-Card-Foreign-Transaction-Fees-1.png","datePublished":"2025-03-06T05:39:24+00:00","dateModified":"2025-03-06T05:41:14+00:00","description":"Citibank Credit Card Foreign Transaction Fee: Explore the world of Citibank Credit Card foreign transaction fees and learn about its rewards, benefits, and ways to avoid unnecessary charges.","breadcrumb":{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826122393"},{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826123313"},{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826123721"},{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826124383"},{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826164310"},{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826164780"},{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826165287"},{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826165744"},{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826208023"},{"@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826208587"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#primaryimage","url":"https:\/\/flyblog.fly.finance\/uploads\/2024\/12\/Citibank-Credit-Card-Foreign-Transaction-Fees-1.png","contentUrl":"https:\/\/flyblog.fly.finance\/uploads\/2024\/12\/Citibank-Credit-Card-Foreign-Transaction-Fees-1.png","width":1024,"height":640,"caption":"Citibank Credit Card Foreign Transaction Fees"},{"@type":"BreadcrumbList","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fly.finance\/blog\/"},{"@type":"ListItem","position":2,"name":"Student Bank Account","item":"https:\/\/fly.finance\/blog\/category\/student-account\/"},{"@type":"ListItem","position":3,"name":"Credit Cards","item":"https:\/\/fly.finance\/blog\/category\/student-account\/credit-cards\/"},{"@type":"ListItem","position":4,"name":"Citibank Credit Card Foreign Transaction Fees"}]},{"@type":"WebSite","@id":"https:\/\/fly.finance\/blog\/#website","url":"https:\/\/fly.finance\/blog\/","name":"Fly Finance","description":"Explore blogs related to Education Loan, Student Bank Account, International Money Transfer, Scholarships along with latest news at Fly Finance.","publisher":{"@id":"https:\/\/fly.finance\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fly.finance\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fly.finance\/blog\/#organization","name":"Fly Finance","url":"https:\/\/fly.finance\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fly.finance\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/01\/29151141\/Fly-Finance-Logo-1.webp","contentUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/01\/29151141\/Fly-Finance-Logo-1.webp","width":1080,"height":1080,"caption":"Fly Finance"},"image":{"@id":"https:\/\/fly.finance\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fly.finance\/blog\/#\/schema\/person\/1f13adc00f6f67e7ed5a2fb5e97bfec6","name":"Shubhika Garg","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/df0315e532cdf62ee7275a4a65914c25f90ec1b0b137b1bf0bbca958325909f8?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/df0315e532cdf62ee7275a4a65914c25f90ec1b0b137b1bf0bbca958325909f8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/df0315e532cdf62ee7275a4a65914c25f90ec1b0b137b1bf0bbca958325909f8?s=96&d=mm&r=g","caption":"Shubhika Garg"},"description":"Hey there! I'm Shubhika- a proud graduate in English Literature and Language from Delhi University. My journey as a content writer transitioned from online teacher into the world of words. Stepping into the domain of blogs and articles, I discovered my passion for writing growing deeper and stronger. Having said that, I have experience of writing for diverse industries in automobile, technology, ed-tech, finance and mental-health; crafting details to help you find the solution to what you are looking for. Join me as I invite you all explore and learn together.","sameAs":["https:\/\/www.facebook.com\/shubhika.garg\/","https:\/\/www.instagram.com\/shubhika.garg\/","https:\/\/www.linkedin.com\/in\/shubhikagarg71\/","https:\/\/www.tumblr.com\/blog\/shubhikahere"],"url":"https:\/\/fly.finance\/blog\/author\/shubhika\/"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826122393","position":1,"url":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826122393","name":"What is a Citibank Credit Card Foreign Transaction Fee?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"A Citibank credit card foreign transaction fee is applied for purchases made in a foreign currency, typically up to 3.5% of the total transaction amount in INR.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826123313","position":2,"url":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826123313","name":"Which Citibank credit cards charge foreign transaction fees?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"All Citibank credit cards, except for the Citi Rewards Domestic Credit Card, incur a 3.5% foreign transaction fee on purchases made in foreign currencies.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826123721","position":3,"url":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826123721","name":"How is the Citibank Credit Card Foreign Transaction Fee calculated?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The Citibank credit card foreign transaction fee is calculated based on the INR equivalent of the foreign transaction amount after it is converted first into US Dollars (USD) and then into INR.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826124383","position":4,"url":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826124383","name":"Are there any Citibank credit cards with no foreign transaction fees?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, Citibank offers cards like the Citi AAdvantage Platinum Select World Elite Mastercard and Costco Anywhere Visa Card with no foreign transaction fees.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826164310","position":5,"url":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826164310","name":"What is Dynamic Currency Conversion (DCC)?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"DCC is a service where merchants convert your transaction into your home currency (INR), potentially charging extra fees. Opting for local currency is usually better to avoid high charges.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826164780","position":6,"url":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826164780","name":"How does Dynamic Currency Conversion impact my Citibank card?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"If you choose DCC, the merchant converts the transaction into INR, often at unfavourable exchange rates. Citi may charge a 1% (+GST) fee on transactions made in INR.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826165287","position":7,"url":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826165287","name":"Can I avoid foreign transaction fees with Citibank credit cards?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"You can avoid fees by using Citi credit cards with no foreign transaction fees or paying in the local currency instead of opting for DCC.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826165744","position":8,"url":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826165744","name":"What is the Citibank Credit Card Foreign Transaction markup fee?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Citibank charges a foreign currency markup fee of up to 3.5% on the INR equivalent of transactions made in foreign currencies, including USD.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826208023","position":9,"url":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826208023","name":"How are foreign transactions converted into INR?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Foreign transactions are first converted into US Dollars, then converted into INR using exchange rates set by Mastercard\/Visa. The foreign transaction fee is then applied.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826208587","position":10,"url":"https:\/\/fly.finance\/blog\/student-account\/credit-cards\/citibank-credit-card-foreign-transaction-fees\/#faq-question-1733826208587","name":"What should I do to minimize foreign transaction fees?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"To minimize fees, use a card without foreign transaction charges, pay in local currency, and avoid Dynamic Currency Conversion when abroad.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/16461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/comments?post=16461"}],"version-history":[{"count":4,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/16461\/revisions"}],"predecessor-version":[{"id":18146,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/16461\/revisions\/18146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media\/16463"}],"wp:attachment":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media?parent=16461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/categories?post=16461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/tags?post=16461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}