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100,000 Spend $4,000 or more within first 90 days
Citi Premier Qantas Credit Card
Citi Premier Qantas Credit Card

Citi Credit Cards

Citi Premier Qantas Credit Card

Updated 11 October 2021

Receive 100,000 bonus Qantas Points when you apply before April 28, 2022 and spend $4,000 on eligible transactions within the first 90 days. Earn a 50% annual fee discount when you spend $48,000 each year, giving you a premium credit card with lower ongoing expense. Take advantage of 1 Qantas Reward point per $1 spent on eligible international and online purchases, and 0.5 per $1 for eligible domestic buys.

T&Cs apply. Offer ends 28 April 2022

Points Earn Rate (per $1 spent)

1 point

Qantas

Rewards Program

Qantas Frequent Flyer

Bonus Points

100,000 pts

Spend $4,000 or more within first 90 days

Pros and cons

  • Qantas Points are earned at 1 point per $1 spent on eligible transactions online and internationally, or 0.5 points per $1 on domestic spend elsewhere
  • 100,000 bonus Qantas points when you spend $4,000 on eligible purchases in the first 90 days after approval
  • Discounted annual fee of $175 if you spend $48,000 on eligible purchases or cash advances in the previous year
  • No fees for balance transfers
  • 0% p.a. interest on balance transfers for 6 months (then reverts to cash advance rates)
  • 55 days interest free on purchases if you pay off the balance in full by the due date
  • Earn Qantas Points on expenses including rent, taxes, education, property management fees, and childcare with Citi PayAll Spend
  • Cashback and discounts with participating retail and service provider partners
  • Compatible with Apple Pay and Samsung Pay
  • Complimentary lounge passes and travel insurance
  • Earn cashback with participating partners like Deliveroo and Spotify
  • Complimentary accidental damage and theft mobile phone insurance when you pay your bill with the Citi Premier Qantas card
  • Four free additional cardholders

  • Annual fee is $350 if you don’t meet the discount requirements
  • 55 days interest free won’t apply for retail purchases if you have a balance transfer
  • High cash advance rates, currently 22.24%
  • Balance transfers can’t exceed 80% of the credit limit

Creditcard.com.au review

Editor Review

Citi Premier Qantas Credit Card

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

Citi Premier Qantas Credit Card Review

A card designed for the frequent flyer, the Citi Premier Qantas Credit Card includes a 100,000 bonus point offer when you apply before April 28, 2022. You’ll need to spend $4,000 on eligible purchases in the first 90 days after application to unlock the bonus points. This card repays online spending, giving a decent rewards rate of 1 Qantas point for $1 spent online. The annual fee is discounted to $175 if you spend $48,000 in the previous year, otherwise it’s bumped up to $350, making it a high-tier premier credit card that you’ll need to weigh up before deciding if it works out for you.

What we love…

It’s hard to look past a hefty bonus point offer, which makes the Citi Premier Qantas credit card a decent option for anyone wanting to boost their frequent flyer miles. Let’s look at what else it has to offer.

Plenty of extra perks

Citibank offers its cardholders some great bonus features. You can get $10 cashback every month when you spend $25 or more in one transaction with Deliveroo, and $5 back on your Spotify Premium subscription of $10 or more each month. The retailers and offers are subject to change.

The Citi Premier Qantas credit card has a number of travel and entertainment perks, including a free Priority Pass that offers two complimentary airport lounge visits per year. You’ll also get free international travel insurance that may cover you for cancelled flights, and lost, damaged or stolen personal items.

If you like a drop with dinner, you’ll love the free bottle of wine at Citi’s partner restaurants around Australia when you pay with your Citi Premier Qantas credit card.

This card has other premium benefits, like its 24/7 concierge services, that put the annual fee price point in the high-tier bracket.

The good news is that you can earn a 50% discount on your annual fee when you spend $48,000 each year on your Citi Premier Qantas credit card. If you miss the mark, you’ll pay $350.

Qantas points earnings are capped at 100,000 per year, but points earned through CitiPayAll transactions are uncapped.

What’s not so great…

The rewards points you can earn are good, especially with the 100,000 bonus point offer when you apply before April 28 2022, but you’ll need to weigh up whether the Qantas points will work for the way you shop.

You’ll earn 1 Qantas Point for every $1 you spend either internationally, or domestically online. Otherwise, your points earn drops to 0.5 for every $1 spent. So, the maximum rewards are earned by those who do a lot of travelling and online shopping.

If you have a balance transfer, you won’t be eligible for the 55 days interest free until the balance transfer is paid down.

Why should you choose this card?

The Citi Premier Qantas credit card is a good way to earn straight-up Qantas points on everyday spending for travel and adventure, if that’s your goal. The 100,000 introductory sign-up offer is an excellent leg-up for cheap travel, as long as you’re able to meet the offer requirements and spend $4,000 within 90 days of card approval. The handshake with retail partners that give cashback, free wine and discounts are a big (and pretty fun) bonus.

  • Earn 1 Qantas Point per $1 on all eligible online transactions
  • Earn 1 Qantas Point per $1 on all eligible international transactions made overseas or online with a merchant that is based overseas
  • Earn 0.5 Qantas Points per $1 on all eligible domestic transactions
  • Earn uncapped 1 Qantas point per $1 on all eligible transactions using Citi PayAll
Redeeming your points:

Qantas Points can be redeemed through your Qantas Frequent Flyer Membership Points can go towards flights, hotels, shopping, dining and car hire.

Features and extras:

  • Connect: The Citi Premier Qantas credit card syncs with Apple Pay and Samsung Pay, and the Citi Mobile App for personal account access
  • Service & Support: Citi’s customer support 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: Free International Travel Insurance, Mobile Phone 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.
  • Cashback: partnerships with participating retailers like Deliveroo and Spotify that put cash back in your pocket.

Who can apply for this card?

To apply for the Citi Premier Qantas credit card, you must:

  • Be 18 years of age or older,
  • Be an Australian citizen or permanent resident,
  • Have an annual income of $75,000 or more,
  • Have no history of bad debt.

Overall Rating

The Citi Premier Qantas Credit Card gives you a big boost of points at the front end, with a reasonably simple minimum spend to unlock the 100,000 Qantas Points. It does have a premium annual fee, but you can earn a discount just by doing your regular shopping and hitting a minimum yearly spend on your card.

It provides a decent Qantas Point earn rate and comes with some good Citi perks that reward dining out and travel.

User reviews

Citi Premier Qantas Credit Card ( based on 0 Creditcard.com.au user reviews )

0% rating based on 0 reviews

Rates
Fees
Rewards
Customer Service
Value

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 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 limit $15,000

Maximum credit limit $100,000

Fees & repayments

Annual fee $350 p.a.

Additional cardholder fee Up to 4 at no extra cost

Foreign transaction fee 3.4%

Minimum repayment 2% or $30 whichever is greater

Annual fee the first year $175

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 Qantas Frequent Flyer Qantas Frequent Flyer

Bonus points 100,000 points

Annual points cap 100,000

Bonus points spend criteria Spend $4,000 or more within first 90 days

Earning points with this card

Qantas Rewards points 1 point per $1 spent

Points cap per month N/A

Overseas earn rate same as standard earn rate

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

Guaranteed Pricing Scheme

Mobile Phone Insurance

Fraud protection

Overview

Citi Premier Qantas Credit Card

Key features

  • 100,000 bonus Qantas points when you spend $4,000 on eligible purchases in the first 90 days after approval
  • Discounted annual fee of $175 if you spend $48,000 on eligible purchases or cash advances in the previous year
  • No fees for balance transfers
  • 0% p.a. interest on balance transfers for 6 months (then reverts to cash advance rates)
  • 55 days interest free on purchases if you pay off the balance in full by the due date
  • Qantas Points are earned at 1 point per $1 spent on eligible transactions online and internationally, or 0.5 points per $1 on domestic spend elsewhere
  • Earn Qantas Points on expenses including rent, taxes, education, property management fees, and childcare with Citi PayAll Spend
  • Cashback and discounts with participating retail and service provider partners
  • Compatible with Apple Pay and Samsung Pay
  • Complimentary lounge passes and travel insurance

Minimum criteria to apply for this card

  • Be over 18 years old

  • Good Credit and have not applied for multiple credit cards recently

  • An Australian citizen or permanent resident

  • Minimum income of $75000 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.

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