- Big bonus: 110,000 Velocity Points with $8,000 eligible spend in 3 months and Autosweep enrolment (ends 23 Oct 2025)
- Solid earn: 2 pts/$1 online & internationally; 1 pt/$1 domestic (cap 200k Citi pts p.a.)
- Lounge access: Priority Pass Standard Membership with 2 complimentary visits per year
- Insurance suite: Travel, Mobile Phone, Purchase Cover & Extended Warranty, Guaranteed Pricing
- Partner perks: Luxury Escapes (MYLUXPROMO, MYLUXTOURS10), Expedia/Wotif (EXP10TRVL, WOT10TRVL), Trip.com (AUSFLY5), BINGE cashback
- Up to 44 days interest-free when you pay in full; up to 4 additional cardholders free; Apple Pay, Google Pay & Samsung Pay supported
Hi, I’m a personal finance expert who loves to help you out! I’ll answer your question within a business day. Pinky swear.
Citi Credit Cards
Citi Premier Card – Velocity Offer
Updated 16 September 2025
110,000 bonus Velocity Points are up for grabs: spend $8,000 on eligible purchases in the first 3 months from approval and enrol in Points Autosweep. Offer ends 23 October 2025. New accounts only. T&Cs, eligibility criteria and exclusions apply.
Keep earning with 2 Citi reward Points per $1 on eligible online and international spend and 1 pt per $1 on other eligible domestic spend (points cap 200,000/12 months). Enjoy Priority Pass™ Standard Membership with two complimentary lounge visits each year, plus complimentary travel and mobile phone insurance.
Points Earn Rate (per $1 spent)
2 points
CitiRewards Program
Citi Rewards Program
Bonus Points
110,000 pts
Spend $8,000 in the first 90 days
Pros and cons
- $300 annual fee
- Points cap: Citi reward Points capped at 200,000 per 12 months (bonus Velocity Points not included in cap)
- High interest costs if you carry a balance: 22.49% p.a. purchases; 22.99% p.a. cash advances
Creditcard.com.au review
Editor Review
Citi Premier Card – Velocity Offer
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
Citi Premier Card – Velocity Points Offer Review
The Citi Premier Velocity offer is built for travellers who want Velocity Points quickly, without giving up day-to-day rewards. The headline is 110,000 bonus Velocity Points when you spend $8,000 on eligible purchases within 3 months and enrol in Points Autosweep (offer ends 23 October 2025). Once you meet the criteria, Citi credits 220,000 Citi reward Points to your Rewards Balance and, via Autosweep, automatically transfers them to 110,000 Velocity Points.
How you earn points daily
- 2 Citi reward Points per $1 on eligible online transactions made in Australia
- 2 Citi reward Points per $1 on eligible international spend (overseas or with merchants based overseas)
- 1 Citi reward Point per $1 on all other eligible domestic transactions
There’s an annual cap of 200,000 Citi reward Points on card spend (cap does not include bonus points). Points can be converted to Velocity at a 2:1 rate, either manually or automatically using Autosweep.
Travel & lifestyle perks
Cardholders receive Priority Pass™ Standard Membership with two complimentary lounge visits each membership year for the primary cardholder. You’ll also get complimentary International & Domestic Travel Insurance and Mobile Phone Insurance on eligible purchases.
- Luxury Escapes: 15% off LUX Exclusive hotels with MYLUXPROMO and 10% off international tours with MYLUXTOURS10 — book by 1 Mar 2026
- Expedia/Wotif: 10% off selected hotels — EXP10TRVL / WOT10TRVL — book by 31 Jan 2026; stay by 30 Jun 2026
- Trip.com: 5% off international flights from Australia with AUSFLY5 — book by 31 Dec 2025; travel by 30 Sep 2026
- BINGE: $10 cashback each month on Standard/Premium plans — until 31 Oct 2025
Costs to keep in mind
- Annual fee $300
- Ongoing interest rates of 22.49% p.a. on purchases and 22.99% p.a. on cash advances
- Points cap of 200,000 Citi reward Points per 12 months
Bottom line
For travellers who value Velocity Points and want meaningful lounge access and insurance cover, this offer is strong. Hit the $8k spend, switch on Autosweep, and you’ll bank 110k Velocity Points — with solid ongoing earn for online and overseas purchases.
User reviews
Rates and fees
Interest rates
Purchase rate 22.49% p.a.
Cash advance rate 22.24% p.a.
Interest free period on purchases up to 44 days
Credit limits
Minimum credit limit $10,000
Maximum credit limit $100,000
Fees & repayments
Annual fee $300 p.a.
Additional cardholder fee Up to 4 - $0
Foreign transaction fee 3.4%
Minimum repayment 2% or $30 whichever is greater
Cash advance fee 3.5% or $3.50, whichever is greater (Domestic); $5 (International)
Late payment fee $30
Rewards and points
Rewards program
Rewards Program
Citi Rewards Program
Bonus points 110,000 points
Annual points cap 200,000
Bonus points spend criteria Spend $8,000 in the first 90 days
Earning points with this card
Citi Rewards points 2 points per $1 spent
Points cap per month N/A
Overseas earn rate 2 points per $1 spent
Additional features
Complimentary insurance
International Travel Insurance Yes - up to 6 months
Flight Inconvenience Insurance Yes
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance Yes
Extras
Travel insurance underwritten by Allianz Global Assistance
Fraud protection
Guaranteed Pricing Scheme
Domestic Travel Insurance
Overview
Citi Premier Card – Velocity Offer
The Citi Premier Card – Velocity Offer gives frequent travellers a fast track to Velocity points. Get 110,000 bonus Velocity Points when you spend $8,000 on eligible purchases within 3 months from approval and enrol in Points Autosweep (offer ends 23 October 2025). Ongoing earn is in Citi reward Points: 2 pts per $1 on eligible online and international spend and 1 pt per $1 on other eligible domestic spend (cap 200,000 Citi reward Points per 12 months). Citi points convert to Velocity at 2:1. The card includes Priority Pass™ Standard Membership with 2 lounge visits per year, complimentary international & domestic travel insurance, mobile phone insurance and more. Annual fee $300; purchase rate 22.49% p.a.; cash advance rate 22.99% p.a.; up to 44 days interest-free on retail purchases when you pay in full.
Key features
- Bonus: 110,000 Velocity Points after $8,000 eligible spend in 3 months and Points Autosweep enrolment. Offer ends 23 Oct 2025.
- Annual fee: $300
- Interest-free: Up to 44 days on retail purchases when you pay your full statement balance by the due date
- Complimentary cover: International & Domestic Travel Insurance, Mobile Phone Insurance, Purchase Cover, Extended Warranty, Guaranteed Pricing Scheme
- Priority Pass™: Standard Membership with 2 complimentary lounge visits per year (primary cardholder)
- Additional cardholders: Up to 4 at no extra cost
- Earn rates: 2 Citi pts/$1 on eligible online and international spend; 1 pt/$1 on other eligible domestic spend (cap 200,000 Citi pts/12 months)
- Velocity conversion: 2 Citi reward Points = 1 Velocity Point (Autosweep available)
- Luxury Escapes: 15% off LUX Exclusive hotels (MYLUXPROMO) & 10% off international tours (MYLUXTOURS10) — book by 1 Mar 2026
- Expedia & Wotif: 10% off selected hotels — EXP10TRVL (Expedia) / WOT10TRVL (Wotif); book by 31 Jan 2026, stay by 30 Jun 2026
- Trip.com: 5% off international flights from Australia — code AUSFLY5; book by 31 Dec 2025 for travel until 30 Sep 2026
- BINGE cashback: $10 back each month on Standard/Premium plans — until 31 Oct 2025
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
Australian resident
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
Recently Asked Questions
Something you need to know about this card? Ask our credit card expert a question.
Ask a question
Michael
7 November 2024Pauline
12 November 2024SHaron
17 March 2024Pauline
20 March 2024