- Receive $400 cashback when you apply for the Citi Rewards Card by 30 November 2022, then spend at least $2,000 on eligible purchases using your new card through Apple Pay or another eligible digital wallet (Samsung Pay) within 90 days from approval
- 0% p.a. on balance transfers for 15 months, no balance transfer fee applies. Reverts to cash advance rate
- Reduced annual fee of $99 in the first year, $149 thereafter
- Enjoy 10% off or up to $250 Limited Time Lux Exclusive hotel offers. Offer available until 1 March 2023
- Earn 1 Citi reward Point per $1 spend on eligible Domestic Spend (up to $10,000 per statement period) and a separate 1 point on international spend
- Earn 1 Citi reward Point per $1 spend also on expenses including rent, taxes, education, property management fees, and childcare with Citi PayAll Spend
- Up to 55 days interest-free on retail purchases
- Complimentary mobile phone insurance
- Complimentary retail and travel insurance covers
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Citi Credit Cards
Discontinued: Citi Rewards Card – Cashback Offer
Updated 19 January 2023
This card is no longer available for application. This information has been left for those who still have the card or were previously interested
Receive $400 cashback when you apply for the Citi Rewards Card by 30 November 2022, then spend at least $2,000 on eligible purchases using your new card through Apple Pay within 90 days from approval. Don't miss out on this rare offer as this card also comes with 0% p.a. on balance transfers for 15 months with no balance transfer fee plus a discounted annual fee of $99 in the first year, $149 thereafter. Enjoy complimentary mobile phone insurance, and earn uncapped Citi reward Points on your everyday spend. T&Cs apply.
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
Citi Rewards Program
Bonus Points
N/A
Pros and cons
- Interest free days won’t apply for retail purchases if you have a balance transfer
- High cash advance and purchase rates, currently 22.24% p.a. and 21.49%, respectively
- Additional cardholder fee of $90
Creditcard.com.au review
Editor Review
Discontinued: Citi Rewards Card – Cashback Offer
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
Citi Rewards Card - Cashback Offer Review
True to its name, Citi Rewards Card is currently helping its consumers put more money back in their pockets on their purchases while giving money saving offers. New cardholders will enjoy all the premium perks and benefits with a discounted annual fee of $99 in the first year. These full packed offers and benefits include $400 cashback on eligible purchases, 0% p.a. on balance transfers for 15 months, complimentary mobile phone insurance, retail and travel insurance covers, and uncapped Citi reward Points earning.
What we love...
Citi is rewarding more its consumers by launching new attractive offers through its Citi Rewards Card. Save big and earn more benefits as we talk about each of the features of this card.
First up, the cashback. You will receive $400 cashback when you apply for the Citi Rewards Card by 30 November 2022, then spend at least $2,000 on eligible purchases using your new card through Apple Pay or another eligible digital wallet within 90 days from approval. Another eligible wallet is Samsung Pay. After meeting the minimum spend requirement, the $400 amount will be credited to your account within 16 weeks.
Next is the balance transfer offer. This is one of the money saving features of this card and targets to help you manage your balances by creating your desired repayment plans and clear off your debt faster. Citi Rewards Card offers 0% p.a. on balance transfers for 15 months with no balance transfer fee. Citi allows you to transfer up to 80% of your approved credit limit, giving you some grace time on card spending and interest. As with any balance transfer offer, there are no interest-free days on purchases until the balance transfer has been paid off.
Plus, you can enjoy all these benefits with a reduced annual fee for a year. Pay $99 only in the first year, $149 thereafter. Take advantage of this offer and save a lot of your interest costs.
Other benefits on the list include earning uncapped Citi reward Points on eligible transactions, up to 55 days interest-free on retail purchases, complimentary mobile phone insurance, retail and travel insurance covers, and security features.
What’s not so great...
Usually, great benefits come with great costs therefore cardholders should be cautious enough in getting into transactions using this card after the promotional period ends as the standard ongoing rates are quite expensive. Balance transfer offer rate reverts to the cash advance rate of 22.24% p.a. Additionally, purchase rate is also currently a heaping 21.49% p.a.
You may add up to four additional cardholders but it’s very costly at $90 each.
Why should you choose this card?
You don’t need to worry about getting rewards after the promotional period ends because Citi provides uncapped earning of Citi reward Points on your everyday purchases.
- 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
Now, let’s talk about the many ways to use your points.
- Pay with Points: Use your points to pay eligible purchases and receive a credit back.
- Shop with Points: You can use your points to pay when shopping at Kogan.
- Travel: Access the Citi Travel Portal to use your points to book flights, hotels, car hire, activities or even create your own itinerary.
- Points Transfer: Choose to transfer your Citi reward Points to partner programs, including Velocity Frequent Flyer, Emirates Skywards, Singapore Airlines KrisFlyer, Flybuys and more.
Loaded with complimentary insurance which include the following:
- Complimentary Mobile Phone Insurance. Monthly cover on eligible mobile phones for accidental damage or theft when you use your card to pay your monthly mobile plan bill.
- Complimentary International Travel Insurance
- Complimentary Purchase Cover Insurance and Extended Warranty Insurance
And the long list of extras continue:
- 24/7 support offering round-the-clock customer service and fraud protection
- Personal concierge service available 24/7
- Access to Citi PayAll payments and Citi instalment plans
- Compatible with Apple Pay and Samsung Pay, and the Citi Mobile® App for personal account access
Overall Rating
Citi Rewards Card comes in many different offer packages. It’s up to you to choose which one suits your needs. You can also check out other offers. If you are fond of getting money back from your spend while saving on your card costs, this one is right for you. Apply by 30 November 2022 and get started with a reduced annual fee in the first year while experiencing the $400 cashback, 0% p.a. for 15 months on balance transfers, and all of the premium benefits.
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 No fee
Balance transfer limit 80% of approved credit limit
Brands you can't balance transfer from Citi
Credit limits
Minimum credit limit $2,000
Maximum credit limit 100,000
Fees & repayments
Annual fee $149 p.a.
Additional cardholder fee up to 4 at $90 p.a.
Foreign transaction fee 3.4%
Minimum repayment 2% or $30 whichever is greater
Annual fee the first year $99
Cash advance fee 3.5% or $3.50, whichever is greater (Domestic); $5 (International)
Late payment fee $30
Rewards and points
Rewards program
Rewards Program
Citi Rewards Program
Bonus points N/A
Annual points cap uncapped
Bonus points spend criteria N/A
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 Yes
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance No
Extras
Guaranteed Pricing Scheme
Overview
Discontinued: Citi Rewards Card – Cashback Offer
Key features
- Receive $400 cashback when you apply for the Citi Rewards Card by 30 November 2022, then spend at least $2,000 on eligible purchases using your new card through Apple Pay or another eligible digital wallet (Samsung Pay) within 90 days from approval
- 0% p.a. on balance transfers for 15 months, no balance transfer fee applies. Reverts to cash advance rate.
- Reduced annual fee of $99 in the first year, $149 thereafter
- Enjoy 10% off or up to $250 Limited Time Lux Exclusive hotel offers. Offer available until 1 March 2023
- Up to 55 days interest-free on retail purchases
- Earn 1 Citi reward Point per $1 spend on eligible Domestic Spend (up to $10,000 per statement period) and a separate 1 point on international spend
- Earn 1 Citi reward Point per $1 spend also on expenses including rent, taxes, education, property management fees, and childcare with Citi PayAll Spend
- Complimentary mobile phone insurance
- Complimentary Purchase Cover Insurance and Extended Warranty Insurance
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
Australian resident
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
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