Citi Rewards Card – Points & Gift Card Offer

This card comes with a strong introductory offer with 90,000 bonus Citi Rewards points, a $100 Coles eGift card and a reduced $49 annual fee in the first year.

The Citi Rewards Card is suited to people who want to get points and other perks from their credit card spending – and who can repay it all on time to make use of interest-free days. It earns 1 point per $1 spent on eligible purchases, with a high points cap of $10,000 per month for spending in Australia. It also has a high 21.49% p.a. variable interest rate for purchases.

No reviews yet. Write a review

0% p.a.

Balance transfer rate

for 15 months


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 - Points & Gift Card Offer
Rewards programCiti Rewards Program
Balance transfer rate0% p.a. for 15 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


  • 90,000 Citi Rewards Points and a $100 Coles eGift Card
  • $49 first-year annual fee ($149 p.a. thereafter)
  • 0% p.a. on balance transfers for 15 months, with no BT fee


  • Balance transfer reverts to the high 22.24% p.a. cash advance rate
  • The 21.49% p.a. purchase interest rate is relatively high
Rewards programCiti Rewards Program
Bonus points90,000
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

Review by

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The introductory offer on this Citi Rewards Card offers you a total of $400 of gift card value. When you meet the spend requirement, you'll earn enough bonus points for $300 in digital gift cards through the Citi Rewards program, as well as a $100 Coles eGift Card. If gift cards aren't your thing, you can also transfer Citi Rewards Points to Velocity Frequent Flyer, Emirates Skywards, Singapore Airlines KrisFlyer or Flybuys.

This offer also saves you money with a reduced annual fee of $49 in the first year (then $149 in future years), and a 0% p.a. balance transfer offer for 15 months if you include your request when you apply.

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

  • Minimum income. You must earn at least $35,000 to apply for this card.
  • Residency. You must be an Australian resident.

Card benefits

  • Bonus points and gift card. Get 90,000 bonus Citi Rewards Points and a $100 Coles eGift Card when you apply and get approved by 31 October 2021 and spend $3,000 on eligible purchases in the first 90 days from card approval.
  • Balance transfer offer. Take advantage of 0% p.a. interest for the first 15 months on balance transfers, with no balance transfer fee when you apply by 31 October 2021. At the end of the introductory period, any unpaid balance will be charged at the variable cash advance rate, currently 22.24% p.a. Please note that purchases will not be eligible for interest-free days while you have a balance transfer.

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. This is higher than the average standard credit card interest rate in Australia, which is currently 19.94%.

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.
Go to site