Citi Prestige Card

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Get rewarded with 150,000 bonus points, a free hotel stay and unlimited airport lounge access with this ultra-premium credit card.

The Citi Prestige is a top-tier rewards card suited to frequent travellers and big spenders. Apply by 31 January 2020 and spend $5,000 in the first 90 days to score 150,000 bonus points.

0% p.a.

Balance transfer rate


Bonus points

20.99% p.a.

Purchase rate


Reward points

Per $ spent (Visa/Mastercard)


Product NameCiti Prestige Card
Rewards ProgramCiti Rewards Program
Balance Transfer Rate0%
Balance Transfer Revert RateCash Advance Rate (21.74% p.a.)
Balance Transfer Limit80% of available balance
Purchase Rate20.99% p.a.
Annual Fee$700
Interest Free Period44 days
Cash Advance Rate21.74% p.a.
Minimum Credit Limit$30,000
Maximum Credit Limit$100,000
Card TypeVisa
Foreign Currency Conversion Fee (Visa/Mastercard)3.4% of transaction value
Complimentary Travel InsuranceYes
Minimum Income$150,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Joint ApplicationNo


  • Receive 150,000 bonus points when you apply and spend at least $5,000 in the first 90 days.
  • Earn 10,000 extra bonus points when you apply for a Linked Diners Club Card and make your first purchase within the first 90 days from card approval.
  • Earn up to 3 reward Points per $1 spent on eligible purchases with the Citi Rewards Program.
  • Unlimited airport lounge access through Priority Pass
  • Complimentary hotel stays and airport transfer service


  • The $700 annual fee and 20.99% p.a. purchase interest rate are very high, even for a premium card.
  • There are only 44 days interest-free on purchases as opposed to most cards that offer up to 55 days.
Rewards ProgramCiti Rewards Program
Bonus Points150,000 bonus points
Rewards Points per $ spent (Visa/Mastercard)3
Annual Fee$700
Minimum Monthly Repayment2% of transaction value or $30, whichever is greater
Late Payment Fee$30
Foreign Currency Conversion Fee (Visa/Mastercard)3.4% of transaction value
Cash Advance Fee3.5% or $3.50, whichever is greater
Overseas Cash Advance Fee$5
Additional Cardholder Fee$0
Number of Additional Cardholders4

Expert review

Amy Bradney-George

Review by

Amy is an editor and writer at with more than 10 years experience covering credit cards, personal finance and various lifestyle topics. When she’s not sharing her knowledge on money matters, Amy spends her time as an actress.

Expert review

The Citi Prestige card has one of the largest bonus points on the market. To give you an idea of the potential rewards, you could exchange 150,000 points for 60,000 Velocity Points or $700 worth of digital gift cards. This card also boasts unlimited airport lounge access and a complimentary hotel stay each year.

How to apply

If you meet the eligibility requirements and have all your documents and details ready, you can apply for the Citi Prestige online in around 15 minutes.

Eligibility criteria

  • Minimum income. You must earn more than $150,000 per year to apply for this card.
  • Residency. You must be an Australian citizen or permanent resident.

Card benefits

  • Earn rates. The Citi Prestige earns 3 Points per $1 spent for all eligible international spend, 3 Points per $1 spent for selected domestic purchases made and booked directly from a range of major restaurants, hotel chains and airlines (flights only), 2 Points per $1 spent for selected domestic purchases made at major petrol outlets, supermarkets and national retailers and 1 Point per $1 spent everywhere else on domestic eligible transactions.
  • 150,000 bonus points. If you apply by 31 January 2020 and spend $5,000 in the first 90 days, you'll be rewarded with 150,000 bonus points.

Rates & fees

  • Annual fee. The $700 annual fee makes it important to think about which benefits you'll use to offset it. For example, unlimited lounge access through Priority Pass typically costs US$399 per year, while the complimentary night at a hotel is likely to give you upwards of $200 in value. So (depending on the US exchange rate), these two benefits alone would probably offset the annual fee.
  • Interest rates. The Citi Prestige has a purchase rate of 20.99% p.a. and a cash advance rate of 21.74% p.a.

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  1. Default Gravatar
    September 4, 2018

    Are you aware how the $150k income requirement is determined/assessed? If your household income meets that, would it be sufficient? Or does it need to be individually? If individually, if your recent fortnightly pay shows the correct amount say would that suffice?

    • AvatarStaff
      September 4, 2018

      Hello Lenny,

      Thank you for your comment.

      Yes, Citi Prestige has set their income requirement to $150,000 p.a. Your income is an important eligibility requirement that the issuer will use to assess your ability to repay. You will have to provide information about your current income, spending habits and any existing debts to help the credit card issuer determine whether or not you can manage more credit.

      It is more likely to assess you individually, hence, better to lay all your possible income. You may want to check our article about income requirements to get more idea.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.


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