Whether for business or pleasure, the benefits of travelling cannot be overemphasized. From enlightenment to stress-relief, exploring other places has far-reaching effects, making more and more people view it as a necessity rather than a luxury. Now more than ever, with the adverse impact of the pandemic on travel, we’re having to devise creative ways to do so safely and smartly. Expectedly, technology plays a huge role, with various apps and services popping up to digitise the travel experience.
itibank Global Wallet is one of such services, designed to help users enjoy a smooth experience when making payments or withdrawing cash abroad, or when shopping online from foreign websites. So, whether or not you physically travel, with Citibank Global Wallet, you can shop from your favourite stores and pay in a convenient and affordable way.
What is Citibank Global Wallet?
Citibank Global Wallet is a feature available to all Citibank Debit Mastercard holders, which enables users to make payments in foreign currencies. When turned on, users can access up to eight currencies to make purchases overseas at point-of-sale or online and withdraw cash from Citi proprietary ATMs without incurring additional foreign currency conversion fees and administration fees. Say, for example, you visit Spain on holiday and decide to turn on your Citibank Global Wallet feature; Euro payments or cash withdrawals you make with your card while in Spain will be debited directly from your Euro Savings account with Citi, at no additional fees. Whereas, without the feature, payments would be debited from your primary AED account, and currency conversion rates and fees would apply.
As an existing Citibank account holder with a Mastercard Debit card, you are eligible to use the Global Wallet feature. All you need to do is go to your Citi Mobile® App and turn on the feature. Once it is turned on, your Citibank Global Wallet automatically links to all your foreign currency accounts. Currently, the eight (8) available foreign currencies are Swiss Franc, Australian Dollar, Canadian Dollar, Euro, Japanese Yen, New Zealand Dollar, Sterling Pound, and US Dollar.