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Citi Rewards Platinum Credit Card with Balance Transfer Offer

Take advantage of 0% p.a. on balance transfers for 24 months, a reduced annual fee of $49 in the first year, and a competitive uncapped rewards program with the Citi Rewards Platinum Credit Card

  • Reduced annual fee of $49 p.a. in the first year ($149 p.a. thereafter).
  • Earn 1 point per $1 spent on eligible Domestic Spend in Australia, up to $10,000 per statement period.
  • Earn 1 point per $1 spent on eligible International Spend overseas (uncapped).
  • Complimentary International Travel Insurance, Purchase Cover Insurance and more.
  • Enjoy a free bottle of award winning wine every time you dine at hundreds of participating restaurants with the Citibank Dining Program.

Introductory Offer: 0% p.a. for 24 months on Balance Bransfers PLUS $49 Annual Fee in Year 1 ($149 p.a. thereafter)

Offer Conditions: A 1.5% Balance Transfer fee applies, BT rate reverts to cash advance rate after 24 months. Apply by 31st January 2018

 

Citi Rewards Platinum Credit Card - The details

The Citi Rewards Platinum Credit Card earns Citi Rewards up to a $10,000 spend per statement period on eligible domestic purchases and uncapped Points on eligible international spend. These points can then be redeemed for a wide range of rewards through the Citi Rewards Program, including travel, merchandise, cashback and frequent flyer points.

In addition to earning points, this card offers complimentary international travel insurance and purchase protection insurance, a personal concierge service and exclusive entertainment and shopping offers. It also offers a reduced annual fee of $49 in the first year ($149 p.a. thereafter).

 

Benefits of the Citi Rewards Platinum Credit Card

  • Long-term balance transfer offer - Apply for the Citi Rewards Platinum Credit Card before 31st January 2018 to get 0% p.a. for 24 months on balances transferred. You must elect to transfer a balance at the time you apply for the credit card to be eligible for this offer. A 1.5% balance transfer fee applies. At the end of the 24-month introductory period, any unpaid balance from the balance transfer promotional period will be charged at the cash advance rate of interest, currently 21.74% p.a.
  • Transfer personal loan debt - Citi is one of the few providers that allow you to transfer the balance of a personal loan to a credit card. Line of credit accounts can also be included in a balance transfer to the Citi Rewards Platinum Credit Card.
  • Earn Citi Reward Points -  Earn 1 Citi reward Point per dollar spent for eligible domestic and international spend. There is a domestic spend points cap of $10,000 per statement period, but no cap for eligible international spend. Points can be redeemed for a variety of merchandise or experiences, converted to frequent flyer miles with Emirates Skyward Miles, Velocity Frequent Flyer and Singapore Airlines KrisFlyer and more.
  • Select & Credit - Ootion to redeem your points for eligible purchases and get a statement credit back on your account, or choose to convert them to cashback.
  • Eligible for Samsung Pay -  With the Samsung Pay smartphone app, you can now easily make payments by simply tapping your phone at the contactless terminal.
  • Complimentary travel insurance - Purchase your overseas travel tickets with this card and you and your family can be covered for medical expenses, trip cancellation due to unexpected circumstances, loss or theft of personal items and more.
  • Other complimentary insurances - access to purchase protection insurance that protects you against loss, theft or damage to a covered item purchased with the card. Plus you'll also get an extended warranty cover for eligible items and a guaranteed pricing scheme that refunds the difference in price if you use the Citi Rewards Platinum Credit Card to purchase an eligible item and you see it on sale for less somewhere else.

 

Features of the Citi Rewards Platinum Credit Card

  • Maximum Balance transfer - Citi allows you to transfer up to 80% of your credit limit. For example, if you apply for the Citi Rewards Platinum Credit Card, and you’re approved for a credit limit of $10,000, you can transfer up to $8,000 from other cards and accounts.
  • Discounted Annual fee -  The Citi Rewards Platinum Credit Card charges a reduced annual fee of $49 for the first year ($149 p.a. thereafter).
  • Interest-free days - If you pay your balance in full by the due date on each statement, you can get up to 55 days interest-free on purchases. You will not get interest-free days while you carry debt from a balance transfer.
  • Additional cardholders - You can add up to 4 additional cardholders to the account for a $90 annual fee per additional card.
  • Fraud protection - Citi utilises Fraudshield technology to monitor your account for any suspicious activity. Citi and Visa also offer zero liability for fraudulent transactions.
  • Visa benefits - Access to Visa benefits like Visa Frontline Access, which gives you cheap seats to the hottest tickets in town. This account is also Visa PayWave enabled.
Credit Card Details
Provider Citi
Prestige Level Platinum
Credit Card Type Visa
Instant Approval Yes in 60 seconds
Standard Rates
Purchase Rate 20.99% p.a.
Cash Advance Rate 21.74% p.a.
Interest Charged From Purchase date
Interest Free Period Up to 55 days on purchases
Balance Transfer
Balance Transfer Rate 0%
Balance Transfer Period 24 months
Balance Transfer Fee 1.5%
Balance Transfer Processing Time 10 - 14 days
Max. Balance Transfer 80% of available credit limit
Revert rate 21.74% p.a.
Benefits
Intro Offer 0% p.a. for 24 months on Balance Bransfers PLUS $49 Annual Fee in Year 1 ($149 p.a. thereafter)
Offer end date 31st January 2018
Rewards Program Citi Rewards Program
Rewards Points -
Acceptance Criteria
Age to Apply 18
Min. Income $35,000
Residency Australia
Temporary residents Yes
Min. Credit Limit $6,000
Joint applicants No
Fees & Terms
Min. Monthly Repayment $30
Annual Fee $149
Over Limit Fee $40
Duplicate Statement fee $7
Late Payment Fee $10
Min. Monthly Repayment % 2%
Max. Credit Limit $100,000
Cash advance fee 3.5% of transaction amount or $3.50
Additional card holder fee $90
Travel & Insurance
Foreign currency conversion fee 3.4% of transaction value
Overseas atm withdrawal fee $5
Complimentary travel insurance 6 months complimentary international travel insurance

What happens when I click "Go to site"?

  • 1

    Clicking Go to site will direct you to the providers web site

  • 2

    Complete the online application on the providers web site

  • 3

    Once approved the provider will issue your new product, delivery times will vary by provider.