Citibank Select Rewards Credit Card – Rates & Fees

Information verified correct on December 6th, 2016

Have the choice to earn either Rewards points or Qantas Points with this card.

Important Information

The Citibank Select Rewards Credit Card is no longer available for new applications as this credit card is no longer available to new customers. The credit card cannot be applied for, however, the information on this page has been kept for the benefit of existing customers and for those who are interested.

If you would like to compare the current range of Citibank credit cards: click here.

If you’re not a fan of earning Qantas Points, you can choose to earn Citibank Rewards Points instead. Make an eligible purchase on the Citibank Select Rewards Credit Card and get rewarded with points you can use towards booking your next holiday or choose to redeem points for gifts and merchandise.

Citibank Select Rewards Credit Card review

The Select Rewards Credit Card from Citibank puts a number of exclusive benefits in the palm of your hand. Whether you’re looking for the best seats for sporting or cultural events or discounts on lifestyle ‘experiences’ like spa treatments, this card might br of interest to you.

You get points back when you spend. Choose to get rewarded with Qantas Points or Citibank Rewards Points when you make an eligible purchase.

You’ll pay a $700 annual fee to have this account, and if you elect to join the Citibank Rewards Program, there’s an additional program membership fee of $49 And to apply, you need to be able to service the minimum credit limit of $15,000 — which requires a taxable income of at least $120,000 per year — this credit card is not for everyone.

However, if you do meet the eligibility requirements, there are a range of features and benefits available. Read our Citibank Select Rewards Credit Card review if you’re wondering whether this account is for you. We cover the features of the account and give information on how to apply below.

Benefits of using Citibank Select Rewards Card

  • Unlimited points earning. Unlike some frequent flyer credit cards, the Citibank Select Rewards Credit Card does not impose a cap on the number of Qantas Points you can earn in a month or year.
  • Choose your rewards. Citibank Select Rewards account holders have the option of choosing to earn Qantas Points or Citibank Rewards Points. Citibank have an extensive catalogue of both flight and non-flight rewards to choose from.
    Access to the Citibank Rewards Program comes with an additional annual fee of $49 This fee is charged to the account and deducted from the available credit limit.
  • Interest-free days. Get up to 55 days interest free when you use the Citibank Select Rewards Credit Card to make a purchase and you pay your account in full each month.
  • Complimentary airport lounges. Fly in style with unlimited airport lounges for you and a guest with complimentary Priority Pass lounge access.

Citibank Select Rewards Credit Card features

  • Annual fee. The Citibank Select Rewards Credit Card has an annual fee of $700.
  • Points earning. Earn 2 Qantas Points per dollar spent on eligible purchases — excluding cash transactions like cash advances.
  • Free supplementary cardholders. Add up to 4 additional cardholders to the account for a fee of $0 each. By adding and supplementary card to the account, you can earn Qantas Points faster. Any spending on the additional cards will also earn points with the primary cardholder’s Qantas account.
  • Get access to Visa benefits. Visa Luxury Hotel Collection offers late checkout, room upgrades and special rates for premium Visa cardholders. Visa Front Line Access provides the best seats for the hottest tickets in town and the Visa Signature Bespoke Program offers a number of luxury lifestyle experiences. This card is Visa PayWave enabled. Touch and go for transactions under $100. No need to enter you PIN.
  • Get your money back if you’re the victim of credit card fraud. Citibank and Visa both offer guarantees and assurances that you will be fully reimbursed if fraudulent transactions are detected on your account.
Back to top
Was this content helpful to you? No  Yes

Related Posts

American Express Essential Credit Card
American Express Essential Credit Card

Interest rate

14.99

Annual fee

0
ME Bank frank Credit Card
ME Bank frank Credit Card

Interest rate

11.99

Annual fee

0
HSBC Platinum Credit Card
HSBC Platinum Credit Card

Interest rate

19.99

Annual fee

149

Ask a Question

You are about to post a question on finder.com.au

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au 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

Disclaimer: At finder.com.au we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com.au privacy policy, receive follow up emails related to finder.com.au and to create a user account where further replies to your questions will be sent.

4 Responses to Citibank Select Rewards Credit Card – Rates & Fees

  1. Default Gravatar
    android111 | September 1, 2014

    Hello, I’ve read some conflicting information about this card. Can someone please confirm:
    - 2 Qantas Frequent Flyer points per $1 spent on the card
    - Unlimited points can be earned
    - $49 opt in fee is to join Citirewards, not Qantas Frequent Flyer

    How do I find out information about the unlimited airport lounge access. E.g. is it only Qantas lounges? What if the airport doesn’t have Qantas lounge?

    Thanks

    • Staff
      Shirley | September 2, 2014

      Hi Android111,

      Thanks for your question.

      Under the Citibank Qantas Rewards Program you will earn one Qantas Frequent Flyer point per dollar of eligible spend. You can unlimited points with no expiry.

      To join the Citibank Qantas Rewards Program, there is an annual fee of $49 at the time of application.

      You get unlimited airport lounge access for you and a gust with Priority Pass membership. Please note that this pass is not currently available at any Australian airport other an Melbourne International Airport. For more information, please visit the official Priority Pass website.

      Cheers,
      Shirley

  2. Default Gravatar
    Leanne | March 24, 2014

    Is there a cap on frequent flyer points earned?

    • Staff
      Jacob | March 24, 2014

      Hi, Leanne.

      Thanks for your question.

      This card does not have a cap on frequent flyer points earning.

      I hope this helps.

Ask a question
feedback