Citi has announced that Costco cardholders will no longer have to pay foreign transaction fees (FTF) on the card. Previously they were charged a 3% fee. For people in our hobby, this isn’t a huge announcement given how many cards now offer no foreign transaction fees but I suspect that a lot of Costco cardholders have that as their only credit card (or front of wallet). It’s also a no annual fee credit card (although the list of no FTF, no annual fee cards is also quite long. Costco card also requires having a paid membership so it isn’t a true no annual fee card).
