Are you planning a much-deserved trip abroad? Or have you just returned from a lovely relaxing holiday, only to be shocked when opening your card statement? What in the world are all these extra fees?!! I’ve been there myself. I had no idea an innocent online shopping spree or overseas trip could come with so many “uninvited guests”.
So, you’ve come across this guide, likely because you’ve had that all-too-familiar sinking feeling after seeing those unexpected charges on your card statement. Whether those fees appeared after an overseas trip or a virtual shopping spree, they have a knack for taking you by surprise. Or you’re gearing up for an upcoming holiday and want to make sure your hard-earned money stays in your pocket, where it belongs.
I’m going to assume that you’ve made your way to this page because you’ve found some unexpected charges on your card statement, either on return from your trip overseas or after spending too much online. Or maybe you’re planning a trip and want to ensure you don’t waste your hard-earned money.
Tired of those hidden fees that pop up whenever you’re making purchases abroad or even just shopping online? We get it – those charges can quickly add up and become a real headache. Imagine being hit with a 3% foreign transaction fee every single time you make a purchase. It’s a frustration many travellers and online shoppers are all too familiar with and fed up with.
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Important information: Citi Australia has been acquired by NAB, so Citibank accounts are no longer available to open for new customers. This information applies to and is still valid for existing Citi customers. However, we have some tips for those of you still looking to save on overseas fees.
Like all reputable money exchanges, we are registered with AUSTRAC and regulated by the Australian Securities and Investment Commission (ASIC).
S Money complies with the relevant laws pertaining to privacy, anti-money laundering and counter-terrorism finance. This means you are required to provide I.D. when you place an order. It also means the order must be paid for by the same person ordering the currency and you must show your identification again when receiving your order.