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Citi Prestige Card

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Get rewarded with 100,000 bonus Points, hotel perks 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. When you apply by 30 November 2020 and spend $7,500 in the first 60 days, you will score 100,000 bonus Citi reward Points. You can also save with an introductory 0% p.a. balance transfer for the first 6 months with no balance transfer fee.


Bonus points

21.49% p.a.

Purchase rate


Reward point

Per $ spent

$700 p.a.

Annual fee

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Product NameCiti Prestige Card
Rewards programCiti Rewards Program
Balance transfer rate0% p.a. for 6 months
Balance transfer revert rateCash Advance Rate (22.24% p.a.)
Balance transfer limit80% of available limit
Purchase rate21.49% p.a.
Annual fee$700
Interest-free period44 days
Cash advance rate22.24% p.a.
Min credit limit$30,000
Max credit limit$100,000
Card typeMastercard
Foreign currency conversion fee3.4%
Minimum income$150,000
Available to temporary residentsNo
Joint applicationNo


  • 100,000 bonus points when you spend $7,500 in the first 60 days
  • 0% p.a. for 6 months on balance transfers with no balance transfer fee
  • Unlimited access to over 1,300 airport lounges through Priority Pass
  • Airport transfer service and 4th night free hotel promotion


  • The $700 annual fee and 21.49% 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 points100,000
Rewards points per $ spent1
Annual fee$700
Minimum monthly repayment2% of the closing balance or $30, whichever is greater
Late payment fee$30
Foreign currency conversion fee3.4%
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 Bradney-George is the acting editor for credit cards and has more than 13 years’ experience writing about personal finance. She has bylines in publications including The Sydney Morning Herald, ABC News and The Equity Magazine. A passionate writer, she’s also acting editor for Finder X and senior writer for Finder Green. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University, and when she’s not writing she 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 100,000 Points for 40,000 Velocity Points. This card also boasts unlimited airport lounge access at over 1,300 lounges through Priority Pass and your fourth night free at select hotels.

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

  • 100,000 bonus points. When you apply by 30 November 2020 and spend $7,500 in the first 60 days, you'll be rewarded with 100,000 bonus Citi reward Points. The bonus points will be credited to your account within 8 weeks of the spend requirement being met.
  • Earn rates. The Citi Prestige earns 3 Points per $1 spent for all eligible international spend and 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 on all other eligible domestic transactions.

Rates & fees

  • Annual fee. The perks of the Citi Prestige come at the cost of the $700 annual fee.
  • Interest rates. This card charges a purchase rate of 21.49% p.a. and a cash advance rate of 22.24% 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?

    • Avatarfinder Customer Care
      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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