Citi Plus Transaction Account

Key features

The Citi Plus Transaction Account comes with a Debit Mastercard which is a ready made travel companion as it can be used for in-store or online purchases and to make cash withdrawals at ATMs around the world. What's more, Citi doesn't charge  fees for these overseas purchases or withdrawals. 

There's also no monthly account fee to worry about, and it's one of the few travel debit cards which does not have a minimum ongoing balance requirement.

Funds in the Citi Plus account can be accessed and managed via the Citi smartphone app, the Citi website, over the phone or in a Citi branch. Account holders can also use Citi's ATM network in Australia without charge, as well as the ATMs from Australia's four major banks.

If you're an expat or planning on travelling for extended periods overseas, the Citi Plus Transaction Account lets you transfer money globally to any bank account worldwide for free, or to an overseas Citi account instantly.

Who is it good for

The Citi Plus Transaction Account could be a low-cost, feature-rich bank account option for gourmands to gourmet travellers who want easy access to their money wherever they are in the world.

Any catches

The Citi Plus Transaction Account could be a great bank account for avoiding pesky fees, but like most everyday bank accounts it pays no interest, so it may be worth keeping the bulk of your cash in a linked savings account like Citi's Online Saver.