The Citi Rewards Card is suited to people who want plenty of ways to redeem their points –with options including gift cards, cash back, travel, charity donations and transfers to Velocity Frequent Flyer, Singapore Airlines KrisFlyer, Emirates Skywards or Flybuys. Right now, it offers 100,000 bonus Citi reward Points when you apply and spend $5,000 in the first 3 months from card approval. That’s enough points to get $400 value when redeemed via the Pay with Points option. It also offers a reduced annual fee $99 in the first year (then $199 after that).
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Citi Rewards Card – Bonus Points Offer
Terms and conditions apply
- Bonus points
- 100,000
- Purchase rate
- 21.49% p.a.
- Reward point per $ spent
- 1
- Annual fee for the first year ($199 p.a. thereafter)
- $99 p.a.
Our verdict
Offers 100,000 bonus Citi Rewards points, a discounted first-year annual fee, with a 21.49% p.a. interest rate on purchases.
Pros
-
100,000 bonus points
-
Discounted $99 first-year annual fee
-
1 point per $1 on eligible spending
-
Complimentary international travel insurance
-
Complimentary mobile phone insurance
Cons
-
The standard 21.49% p.a. interest rate for purchases is relatively high compared to other credit cards
-
Has a points cap of 10,000 per statement period for spending in Australia
Details
Product details
| Product Name | Citi Rewards Card - Bonus Points Offer |
| Balance transfer rate p.a. | 22.24% |
| Balance transfer limit | 80% of available limit |
| Purchase rate p.a. | 21.49% |
| Interest-free period | Up to 55 days on purchases |
| Cash advance rate p.a. | 22.24% |
| Min credit limit | $2,000 |
| Max credit limit | $100,000 |
| Card type | Mastercard |
Eligibility
| Available to temporary residents | No |
| Minimum income | $35,000 |
| Joint application | No |
Rewards
| Rewards program | Citi Rewards Program |
| Bonus points | 100,000 |
| Rewards points per $ spent | 1 |
| Rewards points cap | 10,000 |
Fees
| Annual fee | $99 first year ($199 after) |
| Minimum monthly repayment | 2% of the closing balance or $30, whichever is greater |
| Late payment fee | $30 |
| Foreign currency conversion fee | 3.4% |
| Cash advance fee | 3.5% or $3.50, whichever is greater |
| Overseas cash advance fee | $5 |
| Additional cardholder fee | $90 |
| Number of additional cardholders | 4 |
On 1 June 2022, Citi's consumer banking business was acquired by NAB. Citi credit cards are still available for application and will have the Citi brand. However, the contract for these cards is now with NAB.
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Amy Finder
Editor
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Amy Bradney-George Finder
October 09, 2023
Hi Sam,
You need to be a permanent Australian resident to apply for a Citi credit card. You can compare credit cards available to temporary residents on Finder. I hope this helps.
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Sam
October 05, 2023
I am holding Australian partner visa 309 , can i apply for this card?