Important disclosure
Citi Citi Prestige Card (Citi Rewards Program)
Bonus Points
Receive 275,000 bonus Citi reward Points when you spend $10,000 within 90 days from approval.Conditions apply.
Purchase Rate
Purchase Rate
21.49%
p.a
Balance Transfer Rate
Balance Transfer Rate
0%
p.a
for up to 6 months, then 22.24%
Purchase Rate
21.49%
p.a
Balance Transfer Rate
0%
p.a
for up to 6 months, then 22.24%
Annual Fee
$700
Promoted credit cards
Promoted
Rewards Black
Bonus Points
180,000 extra ANZ Reward Points and $150 back to your new ANZ Rewards Black credit card when you spend $3,000 on eligible purchases in the first 3 months from approval.*Purchase Rate
20.49%
p.a
Annual Fee
$375
Promoted
Frequent Flyer Black
Bonus Points
Earn 110,000 bonus Qantas Points and $100 back to your card when you spend $5,000 on eligible purchases in the first 3 months from approval.*Purchase Rate
20.49%
p.a
Annual Fee
$425
Pros and cons
For Citi Prestige Card (Citi Rewards Program)
Benefits
- Rewards Available through Citi Rewards Program
- Extra 275,000 points subject to eligibility conditions
- Domestic travel insurance
- International travel insurance
- Free supplementary cards
- Price guarantee
- Extended warranty
- Concierge
- Special events
- Partner discounts
- Airport lounge
- Purchase protection insurance
Drawbacks
- Higher than average ongoing variable purchase rate
- Higher than average ongoing annual fee
Citi Rate Credit card overview
For Citi Prestige Card (Citi Rewards Program)
Details
Card Level Premium | Card Type MasterCard |
Interest Free Days Interest Free Days 44 | Minimum monthly repayment 2% or $30 |
Minimum credit limit $20k | Maximum credit limit $100k |
Free supplementary cards | Instant Approval |
Target Market Determination Visit Citi to view Target Market Determination. |
Fees
Annual Fee Annual Fee $700 | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $30 |
Over limit fee | Duplicate statement fee $0 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate Purchase Rate 21.49% p.a |
Cash advance rate 22.24% p.a |
Cash advance fee 3.5% or $3.5 |
Balance Transfer
Balance Transfer Rate Balance Transfer Rate 0% p.a for up to 6 months, then 22.24% |
Transfer Limit 80% of the approved credit limit |
Balance Transfer Fee |
Overseas spending
Foreign Exchange Fee 3.4% on Mastercard |
Overseas charges Overseas charges $5 |
Estimated ATM Cost $15.2 for AU $300 withdrawal |
Rewards
Program name Citi Rewards Program |
Rewards Available Gift Card, Cash Back |
Eligibility
Minimum age 18 |
Minimum income $150k |
Eligibility conditions |
Residency Australia Citizen, Permanent Resident |
Earn Rates
| Rate | Card Type | Earns | Condition |
|---|---|---|---|
| 3 points for $1 spent | Mastercard | uncapped | eligible international transactions |
| 3 points for $1 spent | Mastercard | uncapped | selected purchases from major: restaurants, hotels and airlines (flights only) |
| 2 points for $1 spent | Mastercard | uncapped | selected purchases at major: petrol outlets, supermarkets and national retailers |
| 1 point for $1 spent | Mastercard | uncapped | all other eligible transactions |
Perks
- DOMESTIC TRAVEL INSURANCE Cover lasts for 14 days for domestic travel
- INTERNATIONAL TRAVEL INSURANCE Available when you use your Card to pay for return international travel
- FREE SUPPLEMENTARY CARDS
- PRICE GUARANTEE If you purchase personal goods in Australia and then find the same product advertised later at a cheaper price within 60 days of purchase, from a store within 25km of the store where the item was purchased, you can claim back the difference if it is less than $500.
- EXTENDED WARRANTY
- CONCIERGE
- SPECIAL EVENTS Each event will be subject to separate terms and conditions
- PARTNER DISCOUNTS
- AIRPORT LOUNGE Priority Pass membership with unlimited Priority Pass lounge access for you and a guest
- PURCHASE PROTECTION INSURANCE Covers up to $10,000 per item and $200,000 per year
- Bonus Points Receive 275,000 bonus Citi reward Points when you spend $10,000 within 90 days from approval.Conditions apply.
Other Restrictions
Late Payment Fee of $30 each time we do not receive the Minimum Payment Due and any Overdue Amount by the payment due date, debited to your Account after the payment due date. The Minimum Payment Due, any Overdue Amount, and payment due date are detailed on your statement of account.
Disclaimer
National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”) is the credit provider and issuer of Citi branded financial and credit products. NAB has acquired the business relating to these products from Citigroup Pty Ltd (ABN 88 004 325 080,
AFSL and Australian Credit Licence 238098) (“Citi”) and has appointed Citi to provide transitional services.
“Citi”, “Citibank”, “Citigroup”, the Arc design and all similar trade marks and derivations thereof are used temporarily under licence by NAB from Citigroup Inc. and related group entities.
