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Citi in Australia is a part of the global Citigroup, which has been a financial institution in Australia since 1970's. They are recognised for being one of the largest financial service organisations in the world. In 1985 Citi was the first foreign bank to be granted an Australian banking license, and now they are part of the Australin Government's Financial Claims Scheme, guaranteeing the security of deposits of up to $250,000 per person.
Earn up to 0.7% p.a. interest on your AUD balance.
$0 monthly account fee.
Enjoy one linked debit card to hold up to 10 currencies and receive foreign currencies for free.
Citi provides its Australian customers with a variety of options to boost your savings. Whether you are looking for a basic savings, one that provides you with total access, or have a long term savings goal in mind, Citi could help. If you choose an account with Debit Mastercard, you can withdraw funds at a number of Australian ATMs including those at BankSA, Bank of Melbourne, Westpac and St. George.
The Citi mobile banking platform gives customers the ability to view account relate informaton, transfer funds, pay bills, view reward points balance and redeem rewards. Using the online platform you can also make bill payments, manage payees, initiate multiple payments, get eStatements and request chequebooks and deposit books.
To provide online security, Citi encrypts to all data sent and received, and its Online Authorisation Code system provides additional security when performing third party funds transfers.
The Citi Plus Transaction account doesn't charge fee for conduction and international money transfers. Though do keep in mind that third party fees may arise. There are two types of Citi international transfers:
Yes you can, but you will need to have a Citi Plus account linked to the card as the primary account.
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Frank just bought a new phone and his old phone was registered with the Citi OTP app. He was wondering if he could just download the OTP app without deregistering the old phone. His phone number and telecommunications provider is the same though he had to swap the SIM card.
Unfortunately, for security reasons, if you registry your Citi account with the OTP app on your new phone, it will automatically de-register your account from the old phone.
With the exception of the terms saving account, you can quickly begin your application for a Citi savings account online.
Before beginning the application, ensure that you have compared the features and benefits of savings accounts with various Australian banks. This will help you in choosing the right one to suit your needs.
The Great Southern Bank Goal Saver Account has an ongoing bonus rate on balances up to $50,000 for customers aged 18-24.
The Newcastle Permanent Smart Saver Youth Account has an ongoing bonus rate for customers under 25.
The Bank of Queensland Smart Saver Account has an ongoing bonus rate on balances up to $250,000 for customers over 36.
The Everyday Account has no monthly account keeping fees, spend tracking features and instant payments via PayID.
The Bank of Queensland Future Saver Account has a high ongoing bonus rate on balances up to $50,000 for customers under 35.
Delphi Bank offers a range of personal banking products for customers in Australia.
The Home Saver Account offers an ongoing bonus rate when you meet the account criteria. Learn how to get the bonus rate and apply online.
What benefits does my Citi debit card give me when it’s a Gold card?
Hi TJ,
I’m afraid the Citigold option is only available with Citi credit cards, not debit cards.
Thanks,
Alison