- 90,000 Citi reward Points and a $100 Coles eGift Card when you spend $3,000 in your first 90 days from approval.
- Reduced annual fee of $49 in the first year. $149 p.a. thereafter
- Earn 1 point per $1 spend on eligible Domestic Spend (up to $10,000 per statement period)
- Complimentary insurance covers
- Free wine through the Citibank Dining Program
- 0% balance transfers for 15 months. No balance transfer fee. Reverts to Cash Advance rate.
- Balance transfer personal loan as well as credit cards and/or store cards
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Citi Credit Cards
Citi Rewards Card – Points & Gift Card Offer
Updated 14 April 2021
Receive 90,000 Citi reward Points and a $100 Coles eGift Card when you spend $3,000 in the first 90 days from approval. If you've got an existing debt to pay, you could also take advantage of 0% p.a. for 15 months on balance transfers. Plus, save with a discounted annual fee of $49 for the first year ($149 thereafter).
T&Cs apply. Offer ends 29 July 2021
Points Earn Rate (per $1 spent)
1 point
Capped at $10,000 for domestic spend per statement period, but no cap for eligible international spend
Rewards Program
Citibank Rewards Program
Bonus Points
90,000 pts
Spend $3,000 in the first 90 days
Pros and cons
- High purchase rate of 21.49% p.a.
- Additional cardholder fee of $90 (up to 4)
- Points cap on eligible Domestic Spend: up to $10,000 per statement period
- You don't get interest-free days on retail purchases if you have a balance transfer
Creditcard.com.au review
Editor Review
Citi Rewards Card – Points & Gift Card Offer
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 Rewards Mastercard Credit Card Review
Searching for an amazing introductory offer on an amazingly rewarding rewards card? Look no further than the Citi Rewards Credit Card. After a $3,000 minimum spend within 90 days of card approval, you will get 90,000 bonus Citi reward Points and a $100 Coles eGift Card. On top of that, you will pay a reduced annual fee of $49 for the first year, so you can enjoy even more value from the rewards and extras on offer.
What we love...
What would you do with an extra $100? With the Citi Rewards Mastercard Credit Card, you could soon find out. Opting in on this offer, you could get a $100 Coles eGift Card, which you can redeem at Coles Supermarkets and Coles Central. All you need to do is spend $3,000 on eligible purchases within the first 90 days from card approval, and you will receive your e-Gift Card.
Meanwhile, the other part of this offer helps you save on the card’s annual fee. Normally, this card has an annual fee of $149, but with this intro offer, that’s reduced to $49 for the first year. This kind of offer can be a great find on a rewards card, as it allows you to get more back from your rewards earn, while making good use out of all those lovely extras.
What’s not so great...
The main thing to take into consideration here are the costs you will have to cover to keep this card in your wallet. Think about the standard ongoing annual fee – and the sizeable additional cardholder fee if that applies to you – and work out whether the card offers good value in terms of the rewards you earn, and the extras you make use of.
Other costs in play include the card’s purchase rate and cash advance rate, which, like most rewards cards, are significant. With that being said, you really don’t want to be carrying a balance on a rewards card anyway, as it will reduce the value of the rewards you earn. To avoid worrying about the card’s interest rate, make sure you clear your balance each month.
Why should you choose this card?
Looking beyond the introductory offer, why should you apply for the Citi Rewards Credit Card? One of the great things about this option as a rewards card is its flexibility. You earn Citi rewards Points on everyday spending, to then enjoy the wide range of rewards on offer, with the option to convert your points to flybuys and a variety of highly regarded frequent flyer programs.
- Earn 1 Citi rewards Point per $1 on all eligible transactions made overseas or online with a merchant that is based overseas
- Earn 1 Citi rewards Point per $1 on all eligible transactions in Australia (up to $10,000 per statement period)
- Earn 1 Citi rewards Point per $1 on all eligible transactions using Citi PayAll
- Earn 2 Citi rewards Points per $1 on all eligible transactions made using the Linked Diners Club Card
More on redemption options?
- Pay with Points: When you Pay with Points you can cover almost anything by using your Citi rewards Points to pay down eligible purchases.
- Shop with Points: You can use your points to pay at the checkout at Kogan.
- Travel: When you’re ready to travel, you can use your Citi rewards Points to book flights, hotels, car hire and activities, or create your own itinerary 24/7 via the Citi Travel Portal.
- Transfer: If you so choose, you can transfer your Citi rewards Points to other partner programs, including Emirates Skywards, Singapore Airlines KrisFlyer, flybuys and more.
And now to those features and extras.
- Connect: With your Citi Rewards Credit Card, you can sync your device using Apple Pay or Samsung Pay to enjoy the convenience of a faster checkout in person and online.
- Service & Support: Backed by Citi’s excellent customer support, the card provides round-the-clock customer service and fraud protection, with emergency card replacement and 24/7 customer service if your card is lost or stolen.
- Complimentary Insurance: Enjoy peace of mind with complimentary International Travel Insurance, Transit Accident Insurance, Purchase Cover Insurance, Extended Warranty Insurance and Guaranteed Pricing Scheme on all eligible purchases.
- Citibank Dining Program: Enjoy a free bottle of wine every time you dine and pay with your Citi card at one of the program’s partner restaurants.
- Citi PayAll: Set up single or regular Citi PayAll payments to cover anything from your rent and taxes, to education fees, childcare and bills, managing it all using the Citi Mobile App.
- Mastercard Priceless Cities: Access unforgettable experiences around the world with Priceless Cities.
- Citi World Privileges: Benefit from exclusive access to special offers, such as upgraded car rentals and hotel rooms, to online shopping discounts.
- Personal Concierge: Your personal assistant is on hand 24/7 to help with anything from restaurant reservations to travel bookings.
Overall Rating
As you would expect from a Citi offering, the Citi Rewards Credit Card provides access to a wide range of perks, while allowing you to earn points on the supremely flexible Citi Rewards Program. Apply today to take advantage of this excellent offer, giving you 90,000 Citi reward Points and a $100 Coles eGift Card, plus a reduced annual fee of $49 for the first year.
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 55 days
Balance transfer
Balance transfer rate 0% p.a. for 15 months
Balance transfer revert rate 22.24% p.a.
Balance transfer from personal loan Yes
Balance transfer fee 0% one off
Balance transfer limit 80% of approved credit limit
Banks you can't balance transfer from Bank of Queensland, Citi, Coles, IMB, Qantas Money, Suncorp, Virgin Money
Credit limits
Minimum credit limit $6,000
Maximum credit limit $100,000
Fees & repayments
Annual fee $149 p.a.
Additional card holder fee $90
Foreign transaction fee 3.4%
Minimum repayment 2% or $30 whichever is greater
Annual fee the first year $49
Cash advance fee Domestic 3.5% or $3.50 (whichever is greater) ; International $5
Late payment fee $30
Rewards and points
Rewards program
Rewards Program 
Citibank Rewards Program
Bonus points 90,000 points
Annual points cap uncapped
Bonus points spend criteria Spend $3,000 in the first 90 days
Earning points with this card
Citi Rewards points 1 point per $1 spent
Points cap per month Capped at $10,000 for domestic spend per statement period, but no cap for eligible international spend
Overseas earn rate 1 point per $1 spent
Additional features
Complimentary insurance
International Travel Insurance Yes
Flight Inconvenience Insurance No
Transit Accident Insurance Yes
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance No
Extras
Free wine with the Citibank Dining Program
Compatible with Apple Pay and Samsung Pay
Overview
Citi Rewards Card – Points & Gift Card Offer
Key features
- 90,000 Citi reward Points and a $100 Coles eGift Card when you spend $3,000 in the first 90 days from approval.
- Reduced annual fee of $49 in the first year. $149 thereafter
- Complimentary International Travel Insurance, Transit Accident Insurance, Purchase Cover Insurance, Extended Warranty Insurance and Guaranteed Pricing Scheme
- Free wine when you dine at partner restaurants through the Citibank Dining Program
- 0% balance transfers for 15 months. No balance transfer fee. Reverts to Cash Advance rate. Please note, no interest free days apply to retail purchases while you have a balance transfer
- 1 point per $1 spend on eligible International Spend (uncapped)
- 1 point per $1 spend on eligible Domestic Spend (up to $10,000 per statement period)
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 $35,000 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.
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