Citi Rewards Card – Balance Transfer Offer

No longer offered

This offer for the Citi Rewards credit card is no longer available for new applications. However, we’ve kept the information online for the benefit of existing customers and for those who are interested. Check out the current offers for the Citi Rewards credit card here.

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0% p.a.

Balance transfer rate

for 30 months

21.49% p.a.

Purchase rate


Reward point

Per $ spent

$49 p.a.

Annual fee

for the first year ($149 p.a. thereafter)

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Product NameCiti Rewards Card - Balance Transfer Offer - DISCONTINUED
Rewards programCiti Rewards Program
Balance transfer rate0% p.a. for 30 months
Balance transfer revert rateCash Advance Rate (22.24% p.a.)
Balance transfer limit80% of available limit
Purchase rate21.49% p.a.
Annual fee$49 annual fee for the first year ($149 p.a. thereafter)
Interest-free periodUp to 55 days on purchases
Cash advance rate22.24% p.a.
Min credit limit$6,000
Max credit limit$100,000
Card typeMastercard
Foreign currency conversion fee3.4%
Minimum income$35,000
Available to temporary residentsNo
Joint applicationNo


  • 0% p.a. on balance transfers for the first 30 months, with no BT fee
  • $49 annual fee for the first year
  • Complimentary travel and purchase insurance
  • Earns 1 Citi reward Point per $1 spent


  • Balance transfer reverts to the high 22.24% p.a. cash advance rate
  • The 21.49% p.a. purchase interest rate is relatively high
  • You will not be eligible for interest-free days on retail purchases while you have a balance transfer
Rewards programCiti Rewards Program
Bonus pointsN/A
Rewards points per $ spent1
Rewards points cap10,000
Annual fee$49 annual fee for the first year ($149 p.a. thereafter)
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$90
Number of additional cardholders4

How to apply

You can apply for this credit card offer in around 15 minutes and receive a response instantly. Before you apply, make sure you've met the eligibility requirements and have the necessary documents and details on hand.

Eligibility criteria

  • Eligible balance transfer debt. You can transfer balances from credit cards, store cards and personal loans not issued by Citi, from a minimum of minimum of $500 up to 80% of your credit limit.
  • Minimum income. You must earn at least $35,000 to apply for this card.

Card benefits

  • Balance transfer offer. Take advantage of 0% p.a. interest for the first 30 months on balance transfers, with no balance transfer fee. At the end of the introductory period, any unpaid balance will be charged at the variable cash advance rate, currently 22.24% p.a. This offer is valid when you apply by 28 February 2022 and request the balance transfer as part of your application. Please also note that purchases will not be eligible for interest-free days while you have a balance transfer.
  • Annual fee discount. Apply by 28 February 2022 and get a reduced $49 annual fee for the first year. After the first year, the annual fee is $149.

Rates & fees

  • Annual fee. Outside of any promotions, this card charges a standard annual fee of $149.
  • Purchase interest rate. The variable interest rate for purchases is 21.49% p.a.

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