In this guide

  • Review
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.
Citi Rewards Card - Balance Transfer Offer - DISCONTINUED
Terms and conditions apply
Purchase rate
21.49% p.a.
Reward point per $ spent
Annual fee for the first year ($199 p.a. thereafter)
$0 p.a.
Interest-free on purchases
Up to 55 days


No longer available

This balance transfer offer expired on 30 November 2020. You can compare the current range of Citi credit cards here.


  • 0% p.a. on balance transfers for the first 30 months
  • $0 annual fee for the first year
  • Complimentary travel and purchase insurance


  • Balance transfer charges a one-time 1.5% balance transfer fee and reverts to the high 22.24% cash advance rate
  • The standard annual fee of $199 is fairly high

In this guide

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


Product details

Product Name Citi Rewards Card - Balance Transfer Offer - DISCONTINUED
Balance transfer rate p.a. 0% for 30 months with 1.5% balance transfer fee, then 22.24%
Balance transfer limit 80% of available limit
Purchase rate p.a. 21.49%
Interest-free period Up to 55 days on purchases
Cash advance rate p.a. 22.24%
Min credit limit $6,000
Max credit limit $100,000
Card type Mastercard


Available to temporary residents No
Minimum income $35,000
Joint application No


Rewards program Citi Rewards Program
Bonus points N/A
Rewards points per $ spent 1
Rewards points cap 10,000


Annual fee $0 first year ($199 after)
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 $90
Number of additional cardholders 4

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 $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 a one-time 1.5% 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 until 30 November 2020.
  • Annual fee waiver. Apply by 30 November 2020 and look forward to a $0 annual fee for the first year. After the first year, the annual fee is $199.

Rates & fees

  • Annual fee. Outside of any promotions, this card charges a standard annual fee of $199.
  • Purchase interest rate. The variable interest rate for purchases is 21.49% p.a.

Your reviews

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Ask a question

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Amy Finder


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August 27, 2019

This is my first time to look into a credit card reward program.

How do I find out the worth of the reward point to know whether it is worthwhile to apply?


Jeni Finder

August 27, 2019

Hi Maggie,

Thank you for getting in touch with Finder.

If you consider applying for this Citi Rewards Platinum credit card, you’d earn 1 rewards point per dollar spend on eligibile transactions. Eligible transaction means any purchase excluding, but not limited to cash advances, balance transfer, special promotions, BPAY payments, purchases of foreign currency and travellers cheques, transactions made in operating a business, payments to other Citi accounts, bank fees and charges such as interest and ATM charges, transactions made using points and government related transactions.

I hope this helps.

Thank you and have a wonderful day!



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May 06, 2019

I am looking to pay for my university fee of 10k in June with the card and then pay it off in 12 months. Do you have a card available for that?


Nikki Angco

May 07, 2019

Hi Ammar,

Thanks for getting in touch with Finder! You can use any card available to you as long as your university accepts credit card payments and which credit cards they accept. Please take note that unfortunately, a good number of them will add a 2% to 3% surcharge for the convenience. While that doesn’t sound like much, it could hurt: On a $5,000 tuition bill, you could pay around $150 just in credit card fees.

Contact the registrar’s office at your university to find out if you can pay with a credit card — and how much you can expect to pay on top of your tuition.

Hope this helps!



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April 23, 2019

Hi, I couldn’t see any information on what the cancellation fee is on this card? What is it? Thanks!


Jhezelyn Finder

April 23, 2019

Hello Zac,

Thank you for your comment.

There is no fee when you want to cancel the card. You may close your account or cancel any payment facility by contacting the bank. You can contact the bank to request an account closure through internet banking. They will process the request to close your account as soon as is practicable, once the balance of your account is zero.

If you wish to close your account and terminate your credit contract you are required to:

• pay the outstanding balance of your account after the last transaction you, or any additional cardholder, authorised is charged to your account including all interest charges, fees, charges and expenses; and

• you cancel all recurring card instructions with merchants.

You will be told if there is anything else you need to do for them to complete your request. Hope this helps.



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April 06, 2019

Hi Team,

I am confused on the eligibility criteria for this card.

I had this CC in 2018 & I have cancelled the card for personal reasons.

Am I eligible to apply for the card with in 12 months of cancelling my previous card?


Mai Finder

April 07, 2019

Hi Praveen,

Thank you for contacting Finder.

Yes, you are welcome to reapply for a Citi Rewards Platinum Credit Card. Please note though that you will still be subject for credit evaluation for approval. Once you have read the T&Cs and PDS of this card and identified if reapplying is an option, you can click the Go To Site button above to start a secure application with the bank and take advantage of the advertised promo.

Hope this helps.

Kind Regards,


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March 12, 2019

I currently have this card but was wondering how to get the balance transfer rate as well? Can I close my current card and apply for the same card to get the balance transfer rate? Does this make sense?


Val Finder

March 13, 2019

Hi Tennyson,

Thank you for leaving question. You do not need to close the current account and apply for the same account. You may want to call Citi – with your current card, you may discuss with them how you can avail of the exclusive offer for the balance transfer rate. Hope this helps



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