- 100,000 bonus Points when you spend $7,500 in the first 60 days from account approval
- Earn up to 3 Citi reward Points per $1 spent
- Uncapped points earning
- Transfer your Citi reward Points to airline and hotel partners including Virgin Australia Velocity, Emirates Skywards, IHG Rewards Club and Singapore Airlines KrisFlyer
- One Luxury Airport Transfer in selected cities in Australia up to $100.
- Enjoy complimentary Priority Pass membership and unlimited lounge visits for you and a guest.
- 4th night free when you book 4 consecutive nights at a huge range of hotels.
- 24/7 Personal Concierge
- Complimentary International Travel Insurance
- Complimentary bottle of wine when you dine at partner restaurants. T&Cs apply
- Up to four additional cardholders at no extra cost
- Save with 0% p.a for 6 months on balance transfers (reverts to cash advance rate). Please note, no interest free days apply to retail purchases while you have a balance transfer.
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ANZ Frequent Flyer Black Credit Card
100,000 bonus Qantas Points + $150 back
*Min. spend criteria. T&Cs apply.
Citi Credit Cards
Citi Prestige Credit Card
Updated 6 July 2020
The Citi Prestige credit card offer is sure to excite people interested in premium reward offerings. Receive 100,000 bonus Points when you spend $7,500 in the first 60 days from account approval.
Points Earn Rate (per $1 spent)
1 point
CitiRewards Program
Citibank Rewards Program
Bonus Points
100,000 pts
Spend $7,500 in the first 60 days
Pros and cons
- High annual credit card fee of $700 p.a.
Creditcard.com.au review
Editor Review
Citi Prestige 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 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 100,000 bonus Points now on offer to new applicants, this is most definitely the time to apply.
- 100,000 bonus Points when you spend $7,500 in the first 60 days from account approval
- 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
- Complimentary airport transfer in selected cities in Australia up to $100
- Unlimited access to more than 1,200 airport lounges worldwide for you and a guest through Priority Pass
- 4th night free when you book 4 consecutive nights at a huge range of hotels
- 24/7 Personal Concierge
- Complimentary insurance cover
- Complimentary bottle of wine when you dine at partner restaurants. T&Cs apply
- 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.
- 21.49% p.a. standard variable purchase rate
- 22.24% p.a. cash advance rate
- 0% p.a for 6 months on balance transfers (reverts to cash advance rate). Please note, no interest free days apply to retail purchases while you have a balance transfer.
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 Citibank 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 100,000 bonus Points currently on the table, this card becomes even more attractive.
What could you get for 100,000 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.
- One Luxury Airport Transfer in selected cities in Australia up to $100.
- Enjoy complimentary Priority Pass membership and unlimited lounge visits for you and a guest.
- Get your 4th night free when you book 4 consecutive nights at a huge range of hotels
- 24/7 Personal Concierge
- A complimentary bottle of wine when dining at participating restaurants through the Citibank Dining Program. T&Cs apply
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. 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, restaurant chains, hotel chains and airlines (flights only).
- Earn 2 Points per $1 spent on selected domestic purchases made at major: supermarkets, petrol outlets 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 100,000 bonus Points? To be eligible you must apply online and spend $7,500 in the first 60 days from account approval. Your bonus Citi reward 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 Cities in Australia up to $100.
Bear in mind, Luxury Airport Transfer will transport up to 5-7 passengers with 6 suitcases and 4 small bags. Any excess charges beyond the complimentary allowance will be advised to the cardholder upon confirmation of the booking.
Airport Lounge Access
One complimentary digital Priority Pass™ Membership, with unlimited lounge visits, for the primary cardholder is a Special Feature of the Citi Prestige Card. Citi Prestige Credit Cardholders must enrol for the Priority Pass Standard Membership at www.prioritypass.com/prestigeaumc by 31 December 2020. The primary cardholder may bring one guest for free per visit. Any additional guests will be charged directly by the lounge. You will need to download the Priority Pass™ App via the Apple App Store or get it on the Google Play Store to access your Digital Membership Card. The membership is subject to the Priority Pass™ Conditions of Use. Please note that within Australia, Priority Pass is available at select airports. For the full list of up to date airport lounges and Priority Pass™ Conditions of Use please refer to www.prioritypass.com along with the Citi Prestige Credit Card Benefit Terms and Conditions for further information.
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.
Stay for Free
Get your 4th free night when you book 4 consecutive nights at a huge range of hotels.
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. When flights are purchased with the Citi Prestige Card, 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 Citi cardholder at partner restaurants, choose your free bottle of wine from the Citibank selection, and pay for your meal with your Citi card. T&Cs apply.
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 Citibank Dining Program website at CitibankDining.com.au.
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 100,000 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
Rates and fees
Interest rates
Purchase rate 21.49% p.a.
Cash advance rate 22.24% p.a.
Interest free period on purchases up to 44 days
Balance transfer
Balance transfer rate 0% p.a. for 6 months
Balance transfer revert rate 22.24% p.a.
Balance transfer from personal loan Yes
Balance transfer fee No fee
Balance transfer limit 80% of approved credit limit
Banks you can't balance transfer from Citi
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 Whichever is greater: $30; or 2% of Card Balance; or The sum of 1.00% of the Card Balance, Late Payment Fee (if any) and interest charged for that month, plus any Monthly Instalment for that month
Cash advance fee 3.5%
Late payment fee $30
Rewards and points
Rewards program
Rewards Program 
Citibank Rewards Program
Bonus points 100,000 points
Annual points cap uncapped
Bonus points spend criteria Spend $7,500 in the first 60 days
Earning points with this card
Citi Rewards points 1 point per $1 spent
Points cap per month N/A
Overseas earn rate 3 points per $1 spent
Additional features
Complimentary insurance
International Travel Insurance Yes
Flight Inconvenience Insurance Yes
Transit Accident Insurance Yes
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance No
Extras
Enjoy complimentary Priority Pass membership and unlimited lounge visits for you and a guest.
One Luxury Airport Transfer in selected cities in Australia up to $100
Overview
Citi Prestige Credit Card
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 on 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
- Receive 100,000 bonus Points when you spend $7,500 in the first 60 days from account approval
- Complimentary airport transfer and unlimited lounge access
- 4th night free when you book 4 consecutive nights at a huge range of hotels
- Enjoy complimentary Priority Pass membership and unlimited lounge visits for you and a guest
- 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
- Personal concierge service
- International Travel Insurance
- Purchase Cover Insurance and Extended Warranty
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 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.
Ask a question57 questions (showing the latest 10 Q&As)
Can the annual card fee be refunded or waived if a certain amount of money such as $20,000 be spent using the credit card per annum?
Hi Arvind, not at the moment. I have the Citi Prestige myself and have never received any annual fee discount.
Hi there, Im looking at this card with the primary reason to collect as many skyward points as possible. I travel with 3 kids to Europe every year and would love free lounge access. we spend approx 100k per year. Do you recomend the prestige card or the emirates card? Can i transfer the 150,000 bonus points to 150,000 skyward miles? Thank you
Hi Angelique, Citi are coming back into market with the Prestige early in January. This is definitely the better earner and I have this card myself. The transfer rate currently on the Prestige is 2.5 Points = 1 Skywards Miles. That would make the 150,000 Citi points worth 60,000 Skyward Miles.
Thank you Roland …. I have looked at the AMEX Qantas Ultimate card … May I also make a suggestion ….. if Citibank are no longer doing the ' Prestige credit card ' anymore for New Customers … they need to put that on their website … Many thanks ….
Hi Kell, As I stated before, its in unknown territory. They are making changes and we will see if it comes back. They have removed the ability to apply on their website at this time.
Many thanks for your prompt reply and recommendation …. We are after a credit card with Bonus points and unlimited points that do not expire and are linked to Qantas … I will keep looking …. Thank you …..
Highest points earning uncapped at max rewards rate is the American Express Qantas Ultimate. The Qantas Premier is uncapped but drops to 0.5 earn rate post 10k. I am not aware of any Visa/Mastercard that are uncapped at max rate.
Hi Roland, We were recently recommended to apply for the Citibank Prestige credit card by a current card holder …. I note your reply message to William on the 25.10.19 - Saying it has been discontinued to New Customers ?? Will Citibank be re-opening the Prestige to New Customers in the coming month or so ?? If not, do you have another card that you would recommend that has the similar Qantas Reward offers ?? Many thanks …..
Hi Kell, its unlikely that Citi will open up the Prestige again for new application over the coming months. I am not sure what they are going to do. They are looking to remove some features. Post this then they might look at it. I'm not completely sure they will bring it back. How much do you spend on the card a month (avg). Then I can suggest one that earns Qantas Points. I like the Qantas Premier (10k points cap then reduced from 1 to 0.5 per $1). Good bonus points and few other features if you use Qantas.
I heard recently that this card has not be discontinued by Citi Australia. Is this true?
Hi William, as far as I know they are not accepting new applications for this card. Though I have not heard of them removing the card from current holders. I myself have the Citi Prestige card still at this time.
My primary income is $148K and secondary income is $5K which totals $153K per annum. Am I eligible to apply for Prestige card.
Hi Tina, yes, it sounds like you meet the minimum income requirement of 150k a year to apply. Best of luck with your application.
with the priority pass, can I take my family in? is there a limitation on the numbers? (i've got 4 kids)
Hi Rex, looking at the information from Citi. As a Citi Prestige primary cardholder, you are entitled to a complimentary Priority Pass membership with unlimited airport lounge access for you and a guest. It does not reference that children are free. Checking some information on the web. Most PP lounges that I've visited don't charge for children 2 years of age (or under) to visit when with an adult has admission privileges via PP. But for children that are 3 or 4 years or older, you are at the mercy of the lounge attendants on whether they will charge for the additional guest or not. I would reach out to priority pass to confirm.
I was ln the middle of the application and I was logged out
Hi Sonia, sorry to hear that. It's likely that the application data would have been lost and you will have to go through it again. It should take 10-15 mins to complete if you have all the information required. You could call Citi credit card customer service and see if they can retrieve the previous attempt. 1300 369 797. Best of luck with your application. I myself have a Citi Prestige card and enjoy the benefits. Just make sure you take advantage of all the features of the card possible. This will give the best value for the annual fee.
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
Hi Kevin, so you still need to get the basic card insurance when travelling. If you have met all eligibility for the insurance with your Citi Card. Then if you have a crash. The Citi overseas travel insurance should cover most of the excess. Checking the PDS they will cover up to $2,250. So anything over that you would be out of pocket. Check out full details here - https://www.citibank.com.au/global_images/complimentaryinsurance/pdf/AllianzTermsandconditions.pdf
What is the cost ( No of points) to transfer Citi points to say Virgin Frequent Flyer
Hi Steve, 2:1, so 2000 Citi points converts to 1000 Velocity Points.
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.
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.
Is the Priority Pass Card unlimited visits?
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.
These points are they Qantas ff points?
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.
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
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.
I am searching a visa infinite card , which is best offer in the category?
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.
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 ?
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.
Creditcard.com.au Visitor
13 April 2013The 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