Citibank Credit Card Complaint

Balance transfer fee

Citibank Credit card department,

Balance transfer fee Nebraska

I 'm writing to report that the banks have n't changed - bit in the area of setting misleading / confusing terms and agreements to their customers. Recently, i availed of a balance transfer offer from Citibank - I have a Citibank - Card. Even though my card agreement and pricing information table indicate that balance transfer fees indicate that fees would be $5.00 or 3 %, i was charged. When i contacted the customer service rep, his answer is that the balance transfer check i used had the terms as 5 %. How many forms is a customer supposed to look over to execute a simple balance transfer transaction without getting screwed around for 67 % more fees than they expected to pay???

Citibank customer in Nebraska
Jun 28, 2015

* Source: CFPB Complaint Database

Citibank response to complaint:
Closed with explanation

Created with Highcharts 4.2.3CitibankComplaint HistoryComplaints12/20112/20123/20124/20125/20127/20128/20129/20125/20131/20144/20156/20159/201510/201511/20152/20166/20168/20161/201700.511.522.533.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3CitibankBalance transfer fee34.8%43.5%17.4%4.3%Closed with explanationClosed with monetary reliefClosed with reliefClosed without reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageBalance transfer fee7.5%5.8%8.7%1.2%26.6%50.3%Closed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationSource: Consumer Financial Protection Bureau

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http://online.citibank.com/
800-870-1073
701 E 60th St N
Sioux Falls ND 57104
Citibank
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