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points over 12 months Calculate your savings icon

Earn rate per $1

1 point
16.77% Complete (success)
Citi Rewards

Bonus points

400,000 points
400,000% Complete (success)

Annual fee

$700
p.a.
700% Complete (success)

Pros

Up to 400,000 bonus points

Earn up to 3 points per $1

Uncapped points earning

Ability to transfer points to Emirates Skywards, Velocity Frequent Flyer and Singapore Airlines KrisFlyer and other international frequent flyer and hotel programs

Select complimentary airport transfers

Unlimited access to more than 1,200 airport lounges worldwide through Priority Pass

A complimentary night's stay at Citi’s premium partner hotels around the world

Complimentary fourth night stay at any hotel worldwide

24/7 Personal Concierge

Complimentary international travel insurance

Complimentary bottle of wine when you dine at partner restaurants

Three complimentary green fees at participating golf clubs per calendar year

Pre-release access to tickets through Visa Front Line

Up to four additional cardholders at no extra cost

Visa Infinite Status

Cons

High annual credit card fee of $700 p.a.

Citi Prestige Credit Card

The Citi Prestige credit card offer is sure to excite people interested in premium reward offerings and Visa Infinite status (Visa’s highest honour). The bonus points with the current offer are earn up to 400,000 bonus points; earn 20,000 bonus points each month for 20 months from approval when you spend $1,000 or more in each statement period. You can earn 3 Points per $1 for all eligible International Spend and 3 Points per $1 for selected domestic purchases made and booked directly from a range of major: restaurants and restaurant chains, hotel chains and airlines. For other points earn rates, you can also receive 2 Points per $1 for selected domestic purchases made at major: petrol outlets, supermarkets and national retailers and 1 Point per $1 spent everywhere else on domestic Eligible Transactions.

Key features

  • Earn up to 3 points per $1 spent on selected purchases, uncapped
  • Earn up to 400,000 bonus points; earn 20,000 bonus points each month for 20 months from approval when you spend $1,000 or more in each statement period
  • Complimentary airport transfers & unlimited lounge access
  • Enjoy 1 free night hotel stay at selected eligible hotels. Blackout dates apply.
  • Stay a minimum of 4 consecutive nights and enjoy one complimentary night at available hotels. Conditions apply.
  • Priority Pass Membership giving you access to over 1,200 airport lounges worldwide. Please note that within Australia, Priority Pass is currently available at Cairns, Darwin and Brisbane International Airports and Sydney Kingsford Smith. For the full list of up to date airport lounges and Priority Pass™ Conditions of Use please refer to www.prioritypass.com
  • 3 Points per $1 for all eligible International Spend
  • 3 Points per $1 for selected domestic purchases made and booked directly from a range of major: restaurants and restaurant chains, hotel chains and airlines
  • 2 Points per $1 for selected domestic purchases made at major: petrol outlets, supermarkets and national retailers.
  • 1 Point per $1 spent everywhere else on domestic Eligible Transactions
  • Visa Infinite Status
  • Personal concierge service
  • International travel insurance
  • Purchase cover insurance and extended warranty
  • Earn 10,000 bonus Points when you apply for a Linked Diners Club Card during the application process and make your first spend on the Linked Diners Club Card
83% of customers who have rated this card would recommend it
  • Rates
    76%
  • Fees
    70%
  • Rewards
    100%
  • Customer Service
    82%
  • Value
    82%
Overall user rating 82%
6 reviews

47% Visitor

The rewards program is great I recently spent 12k aud in New Zealand which earned 72000 points I converted 75000 points at the divide by 1.5 ratio into into kris flyer 50000 miles which I can use for air New Zealand or virgin rewards it costs 35000 miles to fly return business class Sydney to Auckland. Now the bad news despite paying 700 per year you still get answered by those super friendly offshore call centres that look after the people with student Visa cards Citibank should have this type of client talking to on shore people same as st George do

Does not recommend this card

Interest Rates
Purchase rate 20.99% p.a.
Cash advance rate 21.74% p.a.
Interest free on purchases up to 44 days
Balance Transfer
Credit limits
Minimum credit limit $30,000
Maximum credit limit $100,000
Fees & repayments
Annual fee $700 p.a.
Additional cardholder fee Up to 4 at no extra cost
Cash advance fee 3.5%
Foreign transaction fee 3.4%
Minimum repayment 2%
Late payment fee $30
Credit card type Visa
Rewards program
Rewards program Citi Rewards Citi Rewards
Bonus points 400,000 Citi points
Annual points cap uncapped
Bonus points spend criteria Spend $1,000 or more each month
Earning points with this card
Citi points 1 point per $1 spent
Overseas earn rate 3 points per $1 spent
Points cap per month N/A
Complimentary insurance
Overseas travel insurance yes - up to months
Flight inconvenience insurance No
Transport accident cover Yes
Smartphone screen insurance No
Purchase protection insurance Yes
Extended warranty insurance Yes
Rental vehicle excess cover No
Extras
Unlimited complimentary access to over 1,200 Priority Pass™ airport lounges
Visa Infinite Status
Two complimentary luxury airport transfers a year

The Big Review: Citi Prestige Credit Card

Offering an incredible range of prestige features, the Citi Prestige Credit Card certainly lives up to its name. Cardholders can benefit from an extensive array of travel, lifestyle and entertainment perks, while earning up to 3 points per $1 on their card – and with up to 400,000 bonus points now on offer to new applicants, this is most definitely the time to apply.

  • Up to 400,000 bonus points
  • Earn up to 3 points per $1
  • Ability to transfer points to Emirates Skywards, Velocity Frequent Flyer and Singapore Airlines KrisFlyer and other international frequent flyer programs
  • Select complimentary airport transfers
  • Unlimited access to more than 1,200 airport lounges worldwide through Priority Pass
  • A complimentary night's stay at Citi’s premium partner hotels around the world
  • Complimentary fourth night stay at any hotel worldwide
  • 24/7 Personal Concierge
  • Complimentary insurance cover
  • Complimentary bottle of wine when you dine at partner restaurants
  • Three complimentary green fees at participating golf clubs per calendar year
  • Pre-release access to tickets through Visa Front Line
  • Up to four additional cardholders at no extra cost
  • Up to 44 days interest free on purchases
  • $700 annual fee
  • Credit limit $30,000 - $100,000
  • Minimum income requirement $150,000 p.a.
  • Earn up to 400,000 bonus points; earn 20,000 bonus points each month for 20 months from approval when you spend $1,000 or more in each statement period
  • 20.99% p.a. standard variable purchase rate
  • 21.74% p.a. cash advance rate
  • Earn 10,000 bonus Points when you apply for a Linked Diners Club Card during the application process and make your first spend on the Linked Diners Club Card

This Card: The Lowdown

With a high earn rate and no points cap in place, the Citi Prestige Credit Card is the ideal card for big spenders who want to earn points aggressively. Cardholders can earn points on the Citi Rewards program, or transfer the points they earn to other frequent flyer programs, such as Emirates Skywards, Velocity Frequent Flyer and Singapore Airlines KrisFlyer.

Offering an enticing array of travel, lifestyle and entertainment perks, this card is perfect for cardholders who want something extra from their card. And with up to 400,000 bonus points currently on the table, this card becomes even more attractive.

What could you get for 150,000 points?

  • Fancy a trip to Europe? You could fly from Sydney to London Heathrow.
  • Earning points on the Velocity program? Transform those bonus points into 75,000 Velocity Points.

As a prestige offering providing prestige features, this card has more than its fair share of perks.

  • Complimentary one-way transfer to or from selected airports twice per year in the Asia Pacific.
  • Unlimited access to more than 850 airport lounges worldwide through Priority Pass, plus additional Priority Pass benefits.
  • Enjoy a complimentary night's stay at Citi’s premium partner hotels around the world using the card’s Free Nights Program.
  • Citi’s Free Nights Program also offers a complimentary fourth night stay at any hotel worldwide, so pay for three nights and get the fourth night free.
  • 24/7 Personal Concierge
  • A complimentary bottle of wine when dining at participating restaurants through the Citibank Dining Program.
  • Three complimentary green fees at participating golf clubs per calendar year through Citi’s Golf Privileges.
  • Skip the queue and enjoy pre-release access to tickets through Visa Front Line.

This card also offers cardholders peace of mind when they shop and as they travel, with a range of complimentary insurance covers:

  • International Travel Insurance
  • Interstate Flight Inconvenience Insurance
  • Transit Accident Insurance
  • Purchase Cover Insurance
  • Guaranteed Pricing Scheme
  • Extended Warranty Insurance

Digging Deeper

With the basics covered, it’s time to dig a little deeper into what’s on offer with the Citi Prestige Credit Card, so you can decide whether this card is right for you.

This Card: As a Rewards Card

An excellent choice for anyone looking to earn big on their credit card spending, this card has a fantastic earn rate, and no points cap in place. That means you can earn as many points as you want each month, with no tiered system to worry about. You can also earn points faster, with up to four additional cardholders at no extra cost.

  • Earn 3 points per $1 spent on eligible international purchases.
  • Earn 3 points per $1 spent on selected domestic purchases made and booked directly from a range of major restaurants and restaurant chains, hotel chains and airlines (flights only).
  • Earn 2 points per $1 spent on selected domestic purchases made at major petrol outlets, supermarkets and national retailers.
  • Earn 1 point per $1 on other eligible domestic purchases.

You may have noticed that the highest advertised earn rate favours international spending and travel-related purchases. This is great, as long as you have a considerable overseas spend and you travel extensively. However, it is worth noting that the card attracts a 3.4% foreign transaction fee, which may affect the points-earning potential on international spending.

What about those 400,000 bonus points? To be eligible you must apply online, to earn up to 400,000 bonus points; earn 20,000 bonus points each month for 20 months from approval when you spend $1,000 or more in each statement period. Your bonus Citi Rewards Points will be credited within six to eight weeks of meeting the spend criteria.

When it comes to redeeming your bonus points and the points you earn, you have a number of options available to you.

  • Redeem points in the Citi Rewards Store for digital gift cards, flights, merchandise and more.
  • Transfer points to other frequent flyer programs, including Emirates Skywards, Velocity Frequent Flyer and Singapore Airlines KrisFlyer.
  • Opt for Pay with Points, where you use your points to pay for something and then receive a statement credit.

This Card: As a Travel Rewards Card

With a focus on rewards point earning on international spending and travel purchases, this is a card that rewards the frequent traveller. For that reason, it’s no surprise that the Citi Prestige Credit Card also focuses its features on extras that benefit the frequent traveller as well.

Airport Transfers

No more worrying about the taxi arriving on time or the Uber having enough boot space for your suitcase, with the card’s Luxury Airport Transfer Service, you can arrive at the airport in style. As a cardholder, you can enjoy one complimentary one-way transfer to or from selected airports in the Asia Pacific, twice a year.

Bear in mind, Luxury Airport Transfer will only transport a maximum of four passengers, with a total of two large suitcases. There is a complimentary transfer allowance limit, which is based on driven kilometres in each city, with limits varying from city to city. Any excess charges beyond the complimentary allowance will be advised to the cardholder upon confirmation of the booking.

Airport Lounge Access

With complimentary Priority Pass access, this card also makes long airport stays and layovers all the more comfortable, with unlimited airport lounge access for you and a guest. As a cardholder, you will benefit from Priority Pass membership, which not only gives you unlimited lounge benefits, it also provides extra perks such as discounts at airport restaurants.

Within Australia, Priority Pass lounge access is currently available at Cairns, Darwin and Brisbane International Airports and Sydney Kingsford Smith. Overseas, some of the most enticing lounges include those found within airports in Hong Kong, Singapore, London Heathrow, Dubai and Barcelona.

Stay for Free

Citibank’s Free Nights Program offers extra temptation to stay away a little longer. With the Citi Prestige Credit Card in your wallet, you can enjoy a little luxury with a complimentary night at one of Citi’s premium hotel partners around the world. Blackout dates apply. Plus, you can choose to extend your trip with a complimentary extra night at any hotel worldwide when you stay for four consecutive nights.

This Card: Extras on Offer

Anything else? Of course, when you pay $700 each year in annual fees, you expect a little more from your credit card. Fortunately, Citi understands this, and offers a selection of additional features to keep even the most discerning cardholder happy.

Personal Concierge

Like most prestige credit cards, the Citi Prestige Credit Card offers a personal concierge service. Available 24 hours a day, seven days a week, the Citi concierge service can assist cardholders with everything from booking flights and hotel accommodation, to making restaurant reservations and offering recommendations on where to go and what to do, no matter where they are in the world.

Complimentary Insurance

Again, similar to other prestige credit card offerings, the Citi Prestige Credit Card provides cardholders with some added peace of mind, in the form of complimentary insurance cover. Cardholders can benefit from protection when travelling, with:

  • International Travel Insurance
  • Interstate Flight Inconvenience Insurance
  • Transit Accident Insurance

And when using their card to make a purchase, cardholders have cover in the form of:

  • Purchase Cover Insurance
  • Guaranteed Pricing Scheme
  • Extended Warranty Insurance

Citibank Dining Program Membership

If you love wining and dining, the Citibank Dining Program could be very beneficial indeed. Every time you dine at a participating restaurant, you can enjoy a free bottle of wine, just like that. All you need to do is mention you're a Citibank cardholder at partner restaurants, choose your free bottle of wine from the Citibank selection, and pay for your meal with your Citibank card.

There are hundreds of partner restaurants to choose from, from your favourite restaurant in the next suburb, to some of Australia's best-loved, hatted restaurants. There, you can choose from award-winning wines sourced from McWilliam's Wines Group, one of Australia's most respected family-owned wineries. To find your nearest partner restaurant, visit the Citi website.

Golf Privileges

Teeing off just got a little more appealing, with the card’s Golf Privileges offering three complimentary green fees at participating golf clubs, each calendar year. Just be aware that the booking must be made between 5 to 14 days in advance of tee-off, and certain terms and conditions apply.

Visa Front Line Access

No one likes queuing, which is why Visa Front Line offers members the ability to skip the queue when buying tickets for sporting events, concerts and so much more. With Visa Front Line access, cardholders can skip the queue, while taking advantage of tickets before they are made available on general release.

This Card: The Essentials

Now we’ve gone over all the fun stuff, it’s time to get into the not-so-fun stuff. To be eligible to apply for this card, you must be 18 years or older and an Australian resident, and you must earn more than $150,000 per year. Also know that the card has a minimum credit limit of $30,000 and a maximum credit limit of $100,000.

As for the card’s annual fee, this is significant. You will pay $700 per year in annual fees, but, it is worth thinking about all the extras you get for that payout. If you are a big spender, you may easily get that value back in rewards, plus, you can enjoy the vast range of features the card has to offer.

However, to make it all worthwhile, you will need to pay off your balance in full before interest starts accruing. With a high standard purchase rate, this card will make all those rewards, features and extras null and void if you carry a balance month-to-month.

Decision Time

With so much on offer, the Citi Prestige Credit Card is a very appealing card indeed. Big spenders can earn big on rewards, with up to 400,000 bonus points making the deal even sweeter. And, if you like a little extra from your credit card, this Citi offering has more features and perks than you’ll know what to do with, including airport lounge access and transfers, hotel stays and plenty of lifestyle extras.

48 questions (showing the latest 10 Q&As)

Kevin

Kevin

26 April 2019
Hi does the citi prestige card cover excess on car rental overseas ? I see here it says no but when I look at the insurance of the card it says it does up to $2650.. can you shed some light on this thank you
Steve Whitelock

Steve Whitelock

23 April 2019
What is the cost ( No of points) to transfer Citi points to say Virgin Frequent Flyer
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    23 April 2019
    Hi Steve, 2:1, so 2000 Citi points converts to 1000 Velocity Points.
peter pantges

peter pantges

28 March 2019
can I upgrade my emirates world credit card to the Citibank prestige visa card and what will the annual fee be for the 1st year.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    29 March 2019
    Hi Peter, this should be possible. Though its likely you will need to apply separately. There is no automatic upgrade path for Citi card products. You are likely not to receive a discount on annual fee. Thus the first year annual fee would be $700. I have the Citi Prestige card myself and like the flexibility to move the points to a range of partners inc Emirates.
Keith Jones

Keith Jones

9 July 2018
Is the Priority Pass Card unlimited visits?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    10 July 2018
    Hi Keith, there are different levels. With the Citi Prestige you get unlimited airport lounge access for you and a guest with the complimentary Priority Pass. Grabbing the terms: One complimentary Priority Pass™ Membership, with unlimited lounge visits, for the primary cardholder is a Special Feature of the Citi Prestige Credit Card. Citi Prestige Credit Card cardholders must enrol for the Priority Pass Standard Membership. The primary cardholder may bring one guest per visit. Any additional guests will be charged directly by the lounge. Once you have enrolled, please allow up to 15 working days for your Priority Pass card to arrive in the mail. Unused visits cannot be carried forward to the following membership year. The membership is subject to the Priority Pass™ Conditions of Use. Please note that within Australia, Priority Pass is currently available at Cairns, Darwin and Brisbane International Airports and Sydney Kingsford Smith. For the full list of up to date airport lounges and Priority Pass™ Conditions of Use please refer to www.prioritypass.com.
Colin Canning

Colin Canning

4 May 2018
These points are they Qantas ff points?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    7 May 2018
    Hi Colin, if you apply for the Citi Qantas Prestige Card then you can earn Qantas points. These points are standard Citi points. Citi points can be transferred to a range of airline partners (not including Qantas). For example, Velocity at 2:1, thus the bonus points would equal 75,000 Velocity points.
Elliott Coyne

Elliott Coyne

27 April 2018
Hi there. I already have a Citibank Signature Rewards Cards. If I were the cancel that, how long would I have to wait before applying for this card and being eligible for the points? Thank you
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    29 April 2018
    Hi Elliot, this is confusing. Typically it would be between 12-18 months. When I look at the terms on the page for the points though it does not mention that you need to be a new Citi credit card customer. This could mean that you are eligible for the points if you apply, are approved and meet the spend requirement. I would touch base with Citi customer service to confirm. Here is the terms: To earn 150,000 bonus Citi Rewards Points, you must apply for a Citi Prestige credit card by 30 June 2018, then spend $3,000 on your card within 90 days of approval. Cash Advances, Balance Transfers, Refunds, Chargebacks and Special Promotions do not contribute to the spend threshold. The bonus Citi Rewards Points will be credited within 6 - 8 weeks of meeting the spend criteria. All rewards are subject to the Terms and Conditions of the Citi Rewards Program. Please note that if have a balance transfer, you will be charged interest on any spend that you make. This offer is valid until 30 June 2018. Post this advertised date; Citi reserves the right to continue, withdraw or change the offer at any time without notice.
Umair

Umair

20 April 2018
I am searching a visa infinite card , which is best offer in the category?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    23 April 2018
    Hi Umair, the Citi Prestige is the only Visa Infinite status card in Australia that I am aware of. I think most of the other premium are Visa Signature. I myself have the Citi Prestige credit card in my wallet.
Neil Feller

Neil Feller

5 March 2018
If I spend $3000 on March 6th,... 1. How fast would the 150,000 points be credited to my Qantas account. 2. And how fast could I then cancel the card ?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    6 March 2018
    Hi Neil, these are custom Citi points, rather than Qantas points. They can be transferred to Velocity and a number of other programs so this card might not be suitable. The bonus Citi Rewards Points will be credited within 6 - 8 weeks of meeting the spend criteria. You would lose the points if you cancelled your card. Though you could transfer them out to another program. Pay the card off and cancel at any time it is a $0 balance. The AMEX Qantas Ultimate may be more suitable as it has 100k Qantas Bonus points available. These bonus points would be credited 8-10 weeks after the spend has been met. I recently applied and was approved for the Qantas Ultimate.
  • Be over 18 years old
  • Good credit and not applied for multiple credit cards recently
  • Australian resident
  • Minimum income of $150,000 p.a.
  • You have your personal details ready to complete the online application
Citi Prestige Credit Card
Citi Prestige Credit Card

Citi Credit Cards

Citi Prestige Credit Card

Updated 24 April 2019

Points Earn Rate (per $1 spent)

1

point

Citi

Rewards Program

Citi Rewards

Bonus Points

400,000 pts

Spend $1,000 or more each month

0 points over 12 months spend

My monthly card spend

Pros and cons

  • Up to 400,000 bonus points
  • Earn up to 3 points per $1
  • Uncapped points earning
  • Ability to transfer points to Emirates Skywards, Velocity Frequent Flyer and Singapore Airlines KrisFlyer and other international frequent flyer and hotel programs
  • Select complimentary airport transfers
  • Unlimited access to more than 1,200 airport lounges worldwide through Priority Pass
  • A complimentary night's stay at Citi’s premium partner hotels around the world
  • Complimentary fourth night stay at any hotel worldwide
  • 24/7 Personal Concierge
  • Complimentary international travel insurance
  • Complimentary bottle of wine when you dine at partner restaurants
  • Three complimentary green fees at participating golf clubs per calendar year
  • Pre-release access to tickets through Visa Front Line
  • Up to four additional cardholders at no extra cost
  • Visa Infinite Status

  • High annual credit card fee of $700 p.a.

Creditcard.com.au review

Editor Review

The Big Review: Citi Prestige Credit Card

Offering an incredible range of prestige features, the Citi Prestige Credit Card certainly lives up to its name. Cardholders can benefit from an extensive array of travel, lifestyle and entertainment perks, while earning up to 3 points per $1 on their card – and with up to 400,000 bonus points now on offer to new applicants, this is most definitely the time to apply.

  • Up to 400,000 bonus points
  • Earn up to 3 points per $1
  • Ability to transfer points to Emirates Skywards, Velocity Frequent Flyer and Singapore Airlines KrisFlyer and other international frequent flyer programs
  • Select complimentary airport transfers
  • Unlimited access to more than 1,200 airport lounges worldwide through Priority Pass
  • A complimentary night's stay at Citi’s premium partner hotels around the world
  • Complimentary fourth night stay at any hotel worldwide
  • 24/7 Personal Concierge
  • Complimentary insurance cover
  • Complimentary bottle of wine when you dine at partner restaurants
  • Three complimentary green fees at participating golf clubs per calendar year
  • Pre-release access to tickets through Visa Front Line
  • Up to four additional cardholders at no extra cost
  • Up to 44 days interest free on purchases
  • $700 annual fee
  • Credit limit $30,000 - $100,000
  • Minimum income requirement $150,000 p.a.
  • Earn up to 400,000 bonus points; earn 20,000 bonus points each month for 20 months from approval when you spend $1,000 or more in each statement period
  • 20.99% p.a. standard variable purchase rate
  • 21.74% p.a. cash advance rate
  • Earn 10,000 bonus Points when you apply for a Linked Diners Club Card during the application process and make your first spend on the Linked Diners Club Card

This Card: The Lowdown

With a high earn rate and no points cap in place, the Citi Prestige Credit Card is the ideal card for big spenders who want to earn points aggressively. Cardholders can earn points on the Citi Rewards program, or transfer the points they earn to other frequent flyer programs, such as Emirates Skywards, Velocity Frequent Flyer and Singapore Airlines KrisFlyer.

Offering an enticing array of travel, lifestyle and entertainment perks, this card is perfect for cardholders who want something extra from their card. And with up to 400,000 bonus points currently on the table, this card becomes even more attractive.

What could you get for 150,000 points?

  • Fancy a trip to Europe? You could fly from Sydney to London Heathrow.
  • Earning points on the Velocity program? Transform those bonus points into 75,000 Velocity Points.

As a prestige offering providing prestige features, this card has more than its fair share of perks.

  • Complimentary one-way transfer to or from selected airports twice per year in the Asia Pacific.
  • Unlimited access to more than 850 airport lounges worldwide through Priority Pass, plus additional Priority Pass benefits.
  • Enjoy a complimentary night's stay at Citi’s premium partner hotels around the world using the card’s Free Nights Program.
  • Citi’s Free Nights Program also offers a complimentary fourth night stay at any hotel worldwide, so pay for three nights and get the fourth night free.
  • 24/7 Personal Concierge
  • A complimentary bottle of wine when dining at participating restaurants through the Citibank Dining Program.
  • Three complimentary green fees at participating golf clubs per calendar year through Citi’s Golf Privileges.
  • Skip the queue and enjoy pre-release access to tickets through Visa Front Line.

This card also offers cardholders peace of mind when they shop and as they travel, with a range of complimentary insurance covers:

  • International Travel Insurance
  • Interstate Flight Inconvenience Insurance
  • Transit Accident Insurance
  • Purchase Cover Insurance
  • Guaranteed Pricing Scheme
  • Extended Warranty Insurance

Digging Deeper

With the basics covered, it’s time to dig a little deeper into what’s on offer with the Citi Prestige Credit Card, so you can decide whether this card is right for you.

This Card: As a Rewards Card

An excellent choice for anyone looking to earn big on their credit card spending, this card has a fantastic earn rate, and no points cap in place. That means you can earn as many points as you want each month, with no tiered system to worry about. You can also earn points faster, with up to four additional cardholders at no extra cost.

  • Earn 3 points per $1 spent on eligible international purchases.
  • Earn 3 points per $1 spent on selected domestic purchases made and booked directly from a range of major restaurants and restaurant chains, hotel chains and airlines (flights only).
  • Earn 2 points per $1 spent on selected domestic purchases made at major petrol outlets, supermarkets and national retailers.
  • Earn 1 point per $1 on other eligible domestic purchases.

You may have noticed that the highest advertised earn rate favours international spending and travel-related purchases. This is great, as long as you have a considerable overseas spend and you travel extensively. However, it is worth noting that the card attracts a 3.4% foreign transaction fee, which may affect the points-earning potential on international spending.

What about those 400,000 bonus points? To be eligible you must apply online, to earn up to 400,000 bonus points; earn 20,000 bonus points each month for 20 months from approval when you spend $1,000 or more in each statement period. Your bonus Citi Rewards Points will be credited within six to eight weeks of meeting the spend criteria.

When it comes to redeeming your bonus points and the points you earn, you have a number of options available to you.

  • Redeem points in the Citi Rewards Store for digital gift cards, flights, merchandise and more.
  • Transfer points to other frequent flyer programs, including Emirates Skywards, Velocity Frequent Flyer and Singapore Airlines KrisFlyer.
  • Opt for Pay with Points, where you use your points to pay for something and then receive a statement credit.

This Card: As a Travel Rewards Card

With a focus on rewards point earning on international spending and travel purchases, this is a card that rewards the frequent traveller. For that reason, it’s no surprise that the Citi Prestige Credit Card also focuses its features on extras that benefit the frequent traveller as well.

Airport Transfers

No more worrying about the taxi arriving on time or the Uber having enough boot space for your suitcase, with the card’s Luxury Airport Transfer Service, you can arrive at the airport in style. As a cardholder, you can enjoy one complimentary one-way transfer to or from selected airports in the Asia Pacific, twice a year.

Bear in mind, Luxury Airport Transfer will only transport a maximum of four passengers, with a total of two large suitcases. There is a complimentary transfer allowance limit, which is based on driven kilometres in each city, with limits varying from city to city. Any excess charges beyond the complimentary allowance will be advised to the cardholder upon confirmation of the booking.

Airport Lounge Access

With complimentary Priority Pass access, this card also makes long airport stays and layovers all the more comfortable, with unlimited airport lounge access for you and a guest. As a cardholder, you will benefit from Priority Pass membership, which not only gives you unlimited lounge benefits, it also provides extra perks such as discounts at airport restaurants.

Within Australia, Priority Pass lounge access is currently available at Cairns, Darwin and Brisbane International Airports and Sydney Kingsford Smith. Overseas, some of the most enticing lounges include those found within airports in Hong Kong, Singapore, London Heathrow, Dubai and Barcelona.

Stay for Free

Citibank’s Free Nights Program offers extra temptation to stay away a little longer. With the Citi Prestige Credit Card in your wallet, you can enjoy a little luxury with a complimentary night at one of Citi’s premium hotel partners around the world. Blackout dates apply. Plus, you can choose to extend your trip with a complimentary extra night at any hotel worldwide when you stay for four consecutive nights.

This Card: Extras on Offer

Anything else? Of course, when you pay $700 each year in annual fees, you expect a little more from your credit card. Fortunately, Citi understands this, and offers a selection of additional features to keep even the most discerning cardholder happy.

Personal Concierge

Like most prestige credit cards, the Citi Prestige Credit Card offers a personal concierge service. Available 24 hours a day, seven days a week, the Citi concierge service can assist cardholders with everything from booking flights and hotel accommodation, to making restaurant reservations and offering recommendations on where to go and what to do, no matter where they are in the world.

Complimentary Insurance

Again, similar to other prestige credit card offerings, the Citi Prestige Credit Card provides cardholders with some added peace of mind, in the form of complimentary insurance cover. Cardholders can benefit from protection when travelling, with:

  • International Travel Insurance
  • Interstate Flight Inconvenience Insurance
  • Transit Accident Insurance

And when using their card to make a purchase, cardholders have cover in the form of:

  • Purchase Cover Insurance
  • Guaranteed Pricing Scheme
  • Extended Warranty Insurance

Citibank Dining Program Membership

If you love wining and dining, the Citibank Dining Program could be very beneficial indeed. Every time you dine at a participating restaurant, you can enjoy a free bottle of wine, just like that. All you need to do is mention you're a Citibank cardholder at partner restaurants, choose your free bottle of wine from the Citibank selection, and pay for your meal with your Citibank card.

There are hundreds of partner restaurants to choose from, from your favourite restaurant in the next suburb, to some of Australia's best-loved, hatted restaurants. There, you can choose from award-winning wines sourced from McWilliam's Wines Group, one of Australia's most respected family-owned wineries. To find your nearest partner restaurant, visit the Citi website.

Golf Privileges

Teeing off just got a little more appealing, with the card’s Golf Privileges offering three complimentary green fees at participating golf clubs, each calendar year. Just be aware that the booking must be made between 5 to 14 days in advance of tee-off, and certain terms and conditions apply.

Visa Front Line Access

No one likes queuing, which is why Visa Front Line offers members the ability to skip the queue when buying tickets for sporting events, concerts and so much more. With Visa Front Line access, cardholders can skip the queue, while taking advantage of tickets before they are made available on general release.

This Card: The Essentials

Now we’ve gone over all the fun stuff, it’s time to get into the not-so-fun stuff. To be eligible to apply for this card, you must be 18 years or older and an Australian resident, and you must earn more than $150,000 per year. Also know that the card has a minimum credit limit of $30,000 and a maximum credit limit of $100,000.

As for the card’s annual fee, this is significant. You will pay $700 per year in annual fees, but, it is worth thinking about all the extras you get for that payout. If you are a big spender, you may easily get that value back in rewards, plus, you can enjoy the vast range of features the card has to offer.

However, to make it all worthwhile, you will need to pay off your balance in full before interest starts accruing. With a high standard purchase rate, this card will make all those rewards, features and extras null and void if you carry a balance month-to-month.

Decision Time

With so much on offer, the Citi Prestige Credit Card is a very appealing card indeed. Big spenders can earn big on rewards, with up to 400,000 bonus points making the deal even sweeter. And, if you like a little extra from your credit card, this Citi offering has more features and perks than you’ll know what to do with, including airport lounge access and transfers, hotel stays and plenty of lifestyle extras.

User reviews

Citi Prestige Credit Card ( based on 6 Creditcard.com.au user reviews )

82% rating based on 6 reviews

Rates
Fees
Rewards
Customer Service
Value
47%

CreditCard.com.au Visitor

13 April 2013

The rewards program is great I recently spent 12k aud in New Zealand which earned 72000 points I converted 75000 points at the divide by 1.5 ratio into into kris flyer 50000 miles which I can use for air New Zealand or virgin rewards it costs 35000 miles to fly return business class Sydney to Auckland. Now the bad news despite paying 700 per year you still get answered by those super friendly offshore call centres that look after the people with student Visa cards Citibank should have this type of client talking to on shore people same as st George do

Does not recommend this card

Rates and fees

Interest rates

Purchase rate 20.99% p.a.

Cash advance rate 21.74% p.a.

Interest free on purchases up to 44 days

Credit limits

Minimum credit limt $30,000

Maximum credit limit $100,000

Fees & repayments

Annual fee $700 p.a.

Additional card holder fee Up to 4 at no extra cost

Foreign transaction fee 3.4%

Minimum repayment 2%

Cash advance fee 3.5%

Late payment fee $30

Rewards and points

Rewards program

Rewards Program Citi Rewards Citi Rewards

Bonus points 400,000 Citi points

Annual points cap uncapped

Bonus points spend criteria Spend $1,000 or more each month

Earning points with this card

Citi pointsCiti points 1 point per $1 spent

Points cap per month N/A

Overseas earn rateOverseas earn rate 3 points per $1 spent

Additional features

Complimentary insurance

Overseas travel insurance yes

Flight inconvenience insurance No

Transport accident cover Yes

Smartphone screen insurance No

Purchase protection insurance Yes

Extended warranty insurance Yes

Rental vehicle excess cover No

Extras

Unlimited complimentary access to over 1,200 Priority Pass™ airport lounges

Visa Infinite Status

Two complimentary luxury airport transfers a year

Overview

Citi Prestige Credit Card

The Citi Prestige credit card offer is sure to excite people interested in premium reward offerings and Visa Infinite status (Visa’s highest honour). The bonus points with the current offer are earn up to 400,000 bonus points; earn 20,000 bonus points each month for 20 months from approval when you spend $1,000 or more in each statement period. You can earn 3 Points per $1 for all eligible International Spend and 3 Points per $1 for selected domestic purchases made and booked directly from a range of major: restaurants and restaurant chains, hotel chains and airlines. For other points earn rates, you can also receive 2 Points per $1 for selected domestic purchases made at major: petrol outlets, supermarkets and national retailers and 1 Point per $1 spent everywhere else on domestic Eligible Transactions.

Key features

  • Earn up to 3 points per $1 spent on selected purchases, uncapped
  • Earn up to 400,000 bonus points; earn 20,000 bonus points each month for 20 months from approval when you spend $1,000 or more in each statement period
  • Complimentary airport transfers & unlimited lounge access
  • Enjoy 1 free night hotel stay at selected eligible hotels. Blackout dates apply.
  • Stay a minimum of 4 consecutive nights and enjoy one complimentary night at available hotels. Conditions apply.
  • Priority Pass Membership giving you access to over 1,200 airport lounges worldwide. Please note that within Australia, Priority Pass is currently available at Cairns, Darwin and Brisbane International Airports and Sydney Kingsford Smith. For the full list of up to date airport lounges and Priority Pass™ Conditions of Use please refer to www.prioritypass.com
  • 3 Points per $1 for all eligible International Spend
  • 3 Points per $1 for selected domestic purchases made and booked directly from a range of major: restaurants and restaurant chains, hotel chains and airlines
  • 2 Points per $1 for selected domestic purchases made at major: petrol outlets, supermarkets and national retailers.
  • 1 Point per $1 spent everywhere else on domestic Eligible Transactions
  • Visa Infinite Status
  • Personal concierge service
  • International travel insurance
  • Purchase cover insurance and extended warranty
  • Earn 10,000 bonus Points when you apply for a Linked Diners Club Card during the application process and make your first spend on the Linked Diners Club Card

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

  • Minimum income of $150,000 p.a.

  • You have your personal details ready to complete the online application

Roland B Bleyer

Roland B Bleyer founded creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.

Recently Asked Questions

Something you need to know about this card? Ask a our credit card expert a question.

48 questions (showing the latest 10 Q&As)

Kevin

Kevin

26 April 2019
Hi does the citi prestige card cover excess on car rental overseas ? I see here it says no but when I look at the insurance of the card it says it does up to $2650.. can you shed some light on this thank you
Steve Whitelock

Steve Whitelock

23 April 2019
What is the cost ( No of points) to transfer Citi points to say Virgin Frequent Flyer
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    23 April 2019
    Hi Steve, 2:1, so 2000 Citi points converts to 1000 Velocity Points.
peter pantges

peter pantges

28 March 2019
can I upgrade my emirates world credit card to the Citibank prestige visa card and what will the annual fee be for the 1st year.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    29 March 2019
    Hi Peter, this should be possible. Though its likely you will need to apply separately. There is no automatic upgrade path for Citi card products. You are likely not to receive a discount on annual fee. Thus the first year annual fee would be $700. I have the Citi Prestige card myself and like the flexibility to move the points to a range of partners inc Emirates.
Keith Jones

Keith Jones

9 July 2018
Is the Priority Pass Card unlimited visits?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    10 July 2018
    Hi Keith, there are different levels. With the Citi Prestige you get unlimited airport lounge access for you and a guest with the complimentary Priority Pass. Grabbing the terms: One complimentary Priority Pass™ Membership, with unlimited lounge visits, for the primary cardholder is a Special Feature of the Citi Prestige Credit Card. Citi Prestige Credit Card cardholders must enrol for the Priority Pass Standard Membership. The primary cardholder may bring one guest per visit. Any additional guests will be charged directly by the lounge. Once you have enrolled, please allow up to 15 working days for your Priority Pass card to arrive in the mail. Unused visits cannot be carried forward to the following membership year. The membership is subject to the Priority Pass™ Conditions of Use. Please note that within Australia, Priority Pass is currently available at Cairns, Darwin and Brisbane International Airports and Sydney Kingsford Smith. For the full list of up to date airport lounges and Priority Pass™ Conditions of Use please refer to www.prioritypass.com.
Colin Canning

Colin Canning

4 May 2018
These points are they Qantas ff points?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    7 May 2018
    Hi Colin, if you apply for the Citi Qantas Prestige Card then you can earn Qantas points. These points are standard Citi points. Citi points can be transferred to a range of airline partners (not including Qantas). For example, Velocity at 2:1, thus the bonus points would equal 75,000 Velocity points.
Elliott Coyne

Elliott Coyne

27 April 2018
Hi there. I already have a Citibank Signature Rewards Cards. If I were the cancel that, how long would I have to wait before applying for this card and being eligible for the points? Thank you
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    29 April 2018
    Hi Elliot, this is confusing. Typically it would be between 12-18 months. When I look at the terms on the page for the points though it does not mention that you need to be a new Citi credit card customer. This could mean that you are eligible for the points if you apply, are approved and meet the spend requirement. I would touch base with Citi customer service to confirm. Here is the terms: To earn 150,000 bonus Citi Rewards Points, you must apply for a Citi Prestige credit card by 30 June 2018, then spend $3,000 on your card within 90 days of approval. Cash Advances, Balance Transfers, Refunds, Chargebacks and Special Promotions do not contribute to the spend threshold. The bonus Citi Rewards Points will be credited within 6 - 8 weeks of meeting the spend criteria. All rewards are subject to the Terms and Conditions of the Citi Rewards Program. Please note that if have a balance transfer, you will be charged interest on any spend that you make. This offer is valid until 30 June 2018. Post this advertised date; Citi reserves the right to continue, withdraw or change the offer at any time without notice.
Umair

Umair

20 April 2018
I am searching a visa infinite card , which is best offer in the category?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    23 April 2018
    Hi Umair, the Citi Prestige is the only Visa Infinite status card in Australia that I am aware of. I think most of the other premium are Visa Signature. I myself have the Citi Prestige credit card in my wallet.
Neil Feller

Neil Feller

5 March 2018
If I spend $3000 on March 6th,... 1. How fast would the 150,000 points be credited to my Qantas account. 2. And how fast could I then cancel the card ?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    6 March 2018
    Hi Neil, these are custom Citi points, rather than Qantas points. They can be transferred to Velocity and a number of other programs so this card might not be suitable. The bonus Citi Rewards Points will be credited within 6 - 8 weeks of meeting the spend criteria. You would lose the points if you cancelled your card. Though you could transfer them out to another program. Pay the card off and cancel at any time it is a $0 balance. The AMEX Qantas Ultimate may be more suitable as it has 100k Qantas Bonus points available. These bonus points would be credited 8-10 weeks after the spend has been met. I recently applied and was approved for the Qantas Ultimate.

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