Citi Rewards Card – Flybuys Offer

Receive 40,000 bonus Flybuys points and a reduced annual fee of $49 for the first year.

The Citi Rewards Credit Card offers a range of premium features, including rewards, complimentary extras and introductory offers for new customers. Apply for this card by 31 January 2023 and spend $3,000 in the first 90 days to receive 40,000 bonus Flybuys points. That's enough for $200 off your shop at Coles and other partners if you redeem them for Flybuys dollars.

No reviews yet. Write a review

0% p.a.

Balance transfer rate

for 15 months with 1% balance transfer fee


Bonus points

21.49% p.a.

Purchase rate


Reward point

Per $ spent

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!


Product NameCiti Rewards Card - Flybuys Offer
Rewards programCiti Rewards Program
Balance transfer rate p.a.0% for 15 months with 1% balance transfer fee
Balance transfer revert rateCash Advance Rate (22.24% p.a.)
Balance transfer limit80% of available limit
Purchase rate p.a.21.49%
Annual fee$49 for the first year ($149 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


  • 40,000 bonus Flybuys points
  • Discounted $49 first-year annual fee
  • 0% p.a. on balance transfers for 15 months


  • Charges a one-time 1% balance transfer fee
  • The 21.49% p.a. purchase interest rate is relatively high compared to other rewards cards
Rewards programCiti Rewards Program
Bonus points40,000
Rewards points per $ spent1
Rewards points capUncapped
Annual fee$49 for the first year ($149 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

Review by

Amy has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. She is also the editorial lead for Finder Green, covering sustainability across different industries. Her work has appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy also has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

This introductory offer on the Citi Rewards card gives you a way to get a massive 40,000 bonus Flybuys points. Your everyday spending on this Mastercard also earns you 1 Citi Rewards point per $1 spent (capped at $10,000 per statement period for Australian spending). You can redeem these points for merchandise and gift cards through the Citi Rewards program or transfer them to a partner loyalty program – including Flybuys, Emirates Skywards and Singapore Airlines KrisFlyer.

How to apply

You can apply for this offer online in around 15 minutes and you should receive a response in 60 seconds. Before you start the application, make sure you meet the eligibility requirements and have the necessary information on hand.

Eligibility criteria

  • Minimum income. You'll need to have an annual income of at least $35,000.
  • Residency. You must be an Australian citizen or permanent resident.

Card benefits

  • Bonus Flybuys points. Earn 40,000 bonus Flybuys points when you apply for this card by 31 January 2023 and spend $3,000 on eligible purchases in the first 90 days from approval. Eligible purchases cover most everyday spending but exclude transactions including cash advances, balance transfers, refunds and spending on a linked Diners Club Card. Citi will request your Flybuys membership number from you by email within 8 weeks of meeting the spend criteria.
  • Reduced first year annual fee. Save with a $49 first-year annual fee ($149 thereafter).

Rates & fees

  • Annual fee. Outside of any promotions, this card charges a $149 annual fee.
  • Purchase interest. If you do not pay your balance in full each statement period, your purchases will collect interest at the 21.49% p.a. interest rate. If you do pay your balance in full, you can take advantage of up to 55 interest-free days. Interest-free days don't apply if you're paying off a debt from a balance transfer.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.


  1. Default Gravatar
    July 26, 2021

    Hi, the T&C doesn’t stipulate whether a person, who held the same Citi Reward credit card in the past 12 months (or longer) is eligible or not. Without this being said in the T&Cs, am I correct to say that this condition doesn’t apply?

    • Avatarfinder Customer Care
      July 26, 2021

      Hi Kam Kit Adrian,
      Just because it’s not explicitly outlined in the T&Cs does not mean someone who held the card in the past 12 months would be eligible. It would be wise to call Citi at 1300 130 865 to double check. Typically you’d be eligible for the actual card itself, but not necessarily the bonus points. I hope that helps.

Go to site