In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question
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Citi Prestige Card
Terms and conditions apply
Bonus points
Purchase rate
21.49% p.a.
Reward point per $ spent
Annual fee
$700 p.a.

Our verdict

Offers an impressive 275,000 bonus points, hotel perks and unlimited airport lounge access, with a $700 annual fee.

The Citi Prestige card has one of the largest bonus points on the market. To give you an idea of the potential rewards, you could exchange 275,000 Citi Reward Points for 137,500 Velocity Points. This card also boasts unlimited airport lounge access through Priority Pass and your fourth night free at select hotels.


  • 275,000 bonus points
  • Unlimited access to over 1,500 airport lounges through Priority Pass
  • Airport transfer service and 4th night free hotel offers
  • Complimentary international travel insurance


  • The $700 annual fee is high
  • 21.49% p.a. interest rate for purchases
  • 3.4% foreign transaction fee

In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question

The Citi Prestige is a top-tier rewards card suited to frequent travellers and big spenders. When you apply, get approved and spend $10,000 in the first 3 months, you will get 275,000 bonus Citi Reward Points. This is one of the biggest bonus points offers on the market right now, and would be enough for $1,300 Woolworths gift cards based on details publicly listed on the Citi Rewards website.


Product details

Product Name Citi Prestige Card
Balance transfer rate p.a. 0% for 6 months, then 22.24%
Balance transfer limit 80% of available limit
Purchase rate p.a. 21.49%
Interest-free period Up to 44 days on purchases
Cash advance rate p.a. 22.24%
Min credit limit $20,000
Max credit limit $100,000
Card type Mastercard


Available to temporary residents No
Minimum income $150,000
Joint application No


Rewards program Citi Rewards Program
Bonus points 275,000
Rewards points per $ spent 1


Annual fee $700
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 $0
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.

How to apply

If you meet the eligibility requirements and have all your documents and details ready, you can apply for the Citi Prestige online in around 10 minutes.

Eligibility criteria

  • Residency. You must be an Australian citizen or permanent resident.
  • Eligible balance transfer debt. If you plan to take advantage of the balance transfer offer, Citi allows you to transfer up to 80% of your available credit limit from accounts not issued under the Citi brand.

Card benefits

  • 275,000 bonus points. When you apply, get approved and spend $10,000 in the first 3 months, you'll be rewarded with 275,000 bonus Citi Reward Points. The bonus points will be credited to your account within 6-8 weeks of the spend requirement being met.
  • Earn rates. The Citi Prestige earns 3 Points per $1 spent for all eligible international spend and selected domestic purchases made and booked directly from a range of major restaurants, hotel chains and airlines (flights only), 2 Points per $1 spent for selected domestic purchases made at major petrol outlets, supermarkets and national retailers and 1 Point per $1 spent on all other eligible domestic transactions.

Rates & fees

  • Annual fee. The Citi Prestige card comes with a $700 annual fee.
  • Interest rates. This card charges a purchase rate of 21.49% p.a. and a cash advance rate of 22.24% p.a.

Your reviews

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May 31, 2023

Can the rewards points be converted to Asia miles for Prestige card?


Amy Bradney-George Finder

June 01, 2023

Hi Maggie,

Unfortunately Citi Points can’t be transferred to Asia Miles, according to details publicly available on the Citi Rewards website. They can be transferred to Flybuys Points, Singapore Airlines KrisFlyer Miles or Velocity Points. There are also other rewards credit cards that do offer point transfers to Asia Miles, including ANZ Rewards, CommBank Awards, Westpac Altitude Rewards and American Express Rewards. I hope that helps.

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May 14, 2023

Currently I am NAB Credit holder, if I apply Citi card, will I still eligible for the bonus point?


Amy Bradney-George Finder

May 15, 2023

Hi Alex,

Yes you would still be eligible for the bonus points offer on this card, as long as you meet the other requirements. I hope that helps.


Martin Russell

April 11, 2023

Is there a waiting period before the lounge access is granted?


Amy Bradney-George Finder

April 14, 2023

Hi Martin,

There’s no set waiting time once you have activated this card. According to the terms and conditions, Citi Prestige cardholders need to enrol in Priority Pass at and download the Priority Pass app. Once your account is set up, there’s no waiting time so you can access the lounges listed in the Priority Pass app or on its website, according to the programs terms and conditions. If you have any questions, you can contact the Citi Prestige Concierge on 1800 782 948. I hope that helps.

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September 04, 2018

Are you aware how the $150k income requirement is determined/assessed? If your household income meets that, would it be sufficient? Or does it need to be individually? If individually, if your recent fortnightly pay shows the correct amount say would that suffice?


Jhezelyn Finder

September 04, 2018

Hello Lenny,

Thank you for your comment.

Yes, Citi Prestige has set their income requirement to $150,000 p.a. Your income is an important eligibility requirement that the issuer will use to assess your ability to repay. You will have to provide information about your current income, spending habits, and any existing debts to help the credit card issuer determine whether or not you can manage more credit.

It is more likely to assess you individually, hence, better to lay all your possible income. You may want to check our article about income requirements to get more idea.

Should you wish to have real-time answers to your questions, try our chatbox on the lower right corner of our page.



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