“At Citi, we give you the option to hold accounts in multiple currencies, all accessible with the same Citi Debit Card. When travelling, simply link your card to an account in the currency of your destination country. This will allow you to withdraw cash and make card payments without incurring transaction fees.” Ok, great. Some nice pictures and then… “Card purchases - The transaction amount will first be converted to Pounds (GBP) by the relevant card scheme and a 2.75% transaction fee applied. - If your offshore debit card is linked to a Citi account in a currency other than Sterling, the transaction amount will then be converted into that currency using the current 'Citi UK' reference exchange rate.” Ok, so by “without incurring transaction fees” you mean except for the exorbitant 2.75% transaction fee and the even worse exchange rate round trip for simply spending money in a currency I already own? This bargain by the way is only available to customers with a balance of more than GBP 150,000. Go to the tab with the headline "Multi-currency Debit Card Fees" https://www.citibank.co.uk/personal/multi-currency-debit-card.do