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 Rewards Card – Bonus Points Offer

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Citi Rewards Card - Bonus Points Offer
Terms and conditions apply
Bonus points
Purchase rate
21.49% p.a.
Reward point per $ spent
Annual fee for the first year ($199 p.a. thereafter)
$99 p.a.

Our verdict

Offers 100,000 bonus Citi Rewards points, a discounted first-year annual fee, with a 21.49% p.a. interest rate on purchases.

The Citi Rewards Card has a bonus points offer, flexible rewards and perks that include complimentary mobile phone insurance, international travel insurance and a personal concierge. It earns 1 point per $1 spent on eligible purchases and also gives you a way to earn points for BPAY payments, rent and other bills through Citi PayAll.

With 100,000 bonus points, you could get $400 back on your account (via Pay with Points) or 40,000 Velocity Frequent Flyer points, which is enough for a return economy flight between Sydney and Fiji (35,600 Velocity Points plus fees and taxes).


  • 100,000 bonus points
  • Discounted $99 first-year annual fee
  • 1 point per $1 on eligible spending
  • Complimentary international travel insurance
  • Complimentary mobile phone insurance


  • The standard 21.49% p.a. interest rate for purchases is relatively high compared to other credit cards
  • Has a points cap of 10,000 per statement period for spending in Australia

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 Rewards Card is suited to people who want plenty of ways to redeem their points –with options including gift cards, cash back, travel, charity donations and transfers to Velocity Frequent Flyer, Singapore Airlines KrisFlyer, Emirates Skywards or Flybuys. Right now, it offers 100,000 bonus Citi reward Points when you apply and spend $5,000 in the first 3 months from card approval. That’s enough points to get $400 value when redeemed via the Pay with Points option. It also offers a reduced annual fee $99 in the first year (then $199 after that).


Product details

Product Name Citi Rewards Card - Bonus Points Offer
Balance transfer rate p.a. 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 $2,000
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 100,000
Rewards points per $ spent 1
Rewards points cap 10,000


Annual fee $99 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
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

You can apply for this Citi Rewards Card offer online in around 10 minutes and should get a response within 60 seconds of submitting the form. Before you start the application, make sure you meet the eligibility requirements and have the key details on hand.

Eligibility criteria

Card benefits

  • Up to 100,000 bonus points. This card offers 100,000 bonus points when you apply and spend $5,000 on eligible purchases in the first 3 months from approval. Eligible purchases cover most everyday spending but exclude transactions including cash advances, balance transfers, and refunds. Note that it may take up to 8 weeks from meeting the spend requirement before you get the bonus points.
  • Reduced first-year annual fee. Save on the annual fee in the first year with a reduced cost of $99. After the first year, this card's annual fee is $199.

Rates & fees

  • Annual fee. Outside of any promotions, this card charges a $199 annual fee.
  • Purchase interest. This card has a 21.49% p.a. interest rate for purchases, which is charged if you do not pay your balance in full each statement period. If you do pay your balance in full, you can take advantage of up to 55 interest-free days on purchases. Interest-free days don't apply if you're paying off a debt from a balance transfer.

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October 05, 2023

I am holding Australian partner visa 309 , can i apply for this card?


Amy Bradney-George Finder

October 09, 2023

Hi Sam,

You need to be a permanent Australian resident to apply for a Citi credit card. You can compare credit cards available to temporary residents on Finder. I hope this helps.

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