Our current relationship with Citibank...we're the one in the snazzy red shirt...

Looking at our latest ATM and credit card transactions, it seems that our friends at Citibank have decided that a 1% international transaction fee wasn't enough. Without warning (that's what you get when you sign up for paperless statements, I guess) they have decided that they will take $3 for every $100 we take out from ATMs (or spend on our Citi Mastercard) overseas.

Seems a little steep for accessing our own money.

So we'll be looking for a new bank. After 9 years, Citibank is history. It'll just take a bit of time.

The unfortunate thing is that, in this day and age, everything is linked to our stupid bank account. Direct deposit. ING Direct. Online bill payment. TDAmeritrade brokerage account. Others I probably haven't thought of yet. They will all have to be changed.

So very sad.

Citibank had $5.5 Billion in net income in Q3 2006. All on the back of Katherine and my ATM transactions in Thailand. Damn them and their greedy ways.