Citi Clear Credit Card

Roland Bleyer

Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au. Ask Roland a Question about this card.

The Citi Clear Credit Card Review

When you apply for the Citi Clear Credit Card today, you can take advantage of two money-saving introductory offers with 0.9% p.a. on both purchases and balance transfers for 15 months. On top of that, you benefit from all the extras this card offers, including complimentary insurance covers and access to Citi and Mastercard perks, complete with a low ongoing purchase rate and annual fee.

What we love

Citi currently has two intro offers on its Citi Clear Credit Card, giving new cardholders the opportunity to save big on interest. First up, purchases. When you apply and are approved for the Citi Clear, you will pay just 0.9% p.a. on purchases for 15 months. This could provide massive savings for anyone planning a large purchase – or even a number of large purchases.

Thinking of doing some renovations around the house? Maybe you’re looking to invest in a big ticket item, such as a new TV or white goods? Perhaps you’re thinking about taking a trip? While overseas travel may be off the cards, that doesn’t mean there isn’t plenty of Australia to explore, border restrictions permitting, of course.

With an offer of 0.9% p.a. on purchases, you can cover larger purchases and pay them back over the card’s introductory period. This gives you more than a year to clear that spending while paying minimal interest. Even if you’re not planning any big spending, you can save on interest on everyday purchases, giving you more flexibility month-to-month during the intro period.

Now to balance transfers. With 0.9% p.a. on balance transfers, you can work on paying down any existing credit card balances, clearing your debt faster as you pay less in interest. With 15 months to play with, you can create a workable repayment plan, paying off a chunk of your debt each month to potentially clear it within that introductory period.

What do you need to know? Well, there is no balance transfer fee, which means you can focus on paying down your debt without fees added into the mix. Citi’s terms state you can transfer up to 80% of your approved credit limit, giving you some leeway on card spending and interest. As with any balance transfer offer, there are no interest free days on purchases until the balance transfer has been paid off.

What’s not so great...

One factor worth noting here is that if there is a balance remaining at the end of the introductory balance transfer period, it will revert to the card’s cash advance rate. This rate is not low, so you should do all you can to make sure you pay your transferred balance within the first 15 months of having the card.

Why should you choose this card?

Aside from its great introductory offers, why else should you choose the Citi Clear Credit Card? Considering its features – which we’ll get to in a minute – the card has a reasonably low annual fee. Plus, it allows up to four additional cardholders at no extra cost. On top of that, it has a relatively low ongoing purchase rate, which could help you save on interest if you happen to carry a balance now and then.

Now to those features.

Compatibility: With the Citi Clear Credit Card, you have the option to sync your card with Apple Pay and Samsung Pay, allowing you to pay with your device instore, or enjoy a faster checkout when shopping online.
Complimentary Insurance Covers: You can benefit from complimentary insurance cover on eligible purchases, including Extended Warranty Insurance, Purchase Cover Insurance, Guaranteed Pricing Scheme and Transit Accident Insurance.
Support: You have access to emergency card replacement should you need it, backed by 24/7 customer service if your card is lost or stolen. You also benefit from ongoing monitoring, global fraud protection and Citi Alerts.
Citi Extras: With this card in hand, you can take advantage of a free bottle of wine when dining at partner restaurants within the Citibank Dining Program. You can also utilise Citi PayAll for an easy way to cover single or regular expenses.
Global Perks: With Citi World Privileges, you can take advantage of shopping deals, travel upgrades and more. And with Mastercard Priceless Cities, you can explore unforgettable experiences around the world.

As for eligibility, Citi says that to be eligible for the Citi Clear Credit Card you must be an Australian resident aged 18 or over, with a minimum annual income of $35,000. Other figures worth noting here are the card’s minimum and maximum credit limits, which are $6,000 and $100,000 respectively.

Overall Rating

With the Citi Clear Credit Card, you can take advantage of its awesome intro offer on purchases and balance transfers, paying just 0.9% p.a. over 15 months. The card also provides access to a range of handy extras, all for a low annual fee and low ongoing purchase rate.