The best of both worlds: Citi and Paypal announce long-term partnership to develop credit products

Ceyda Erem

24 Oct 2019

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For a lot of Aussies, Paypal is a lifesaver when it comes to shopping internationally, thanks to its security and simple, but smart technology. 

And pretty soon, customers may be able to shop up a storm with their very own Paypal credit card

Today the online payments platform has announced a long-term partnership with Citi to develop consumer credit products for Paypal customers. 

“We're excited to continue the expansion of Citi’s global partnership with PayPal into the Australian market, and to bring two leaders in payments together to drive better outcomes for consumers,” said Citi Australia’s Head of Cards and Loans, Choong Yu Lum. 

“Citi has made tremendous strides in seamless integration and the brands we work with are able to benefit from our ability to offer consumer financial solutions that provide scale and strength.” 

It’s hoped that the partnership will bring the best of both worlds: Citi’s financial expertise and Paypal’s technology, as well as its large customer base. 

“Citi shares our vision to make payments simple, safe and convenient, and we’re confident they’re the right partner to help us deliver innovative consumer-facing credit products to our customers in the Australian market,” said General Manager of PayPal Credit, Andrew Baines.  

And while this partnership is still in its early stages, Aussie’s can still get a jump on finding the right credit card for their spending needs by heading over to our credit card comparison tool or by checking out some current offers below. 

Compare credit cards - rates updated daily

  • Promoted

    Hot Deal $200 Cashback Offer (T&Cs apply)

    Westpac Low Rate

    0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)

    13.74% p.a.

    $59

    Enjoy 0% p.a. interest on balance transfers for the first 20 months. Get $200 cashback with $1k minimum spend on eligible purchases within 90 days of card approval. 55 interest free days and low on-going rate of 13.74% on all purchases.

    • 13.74% p.a.

    • -

    • 0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)

    • 21.49% p.a.

    • 55

    • 3.00%

    • $59

    • $15.00

    • 2%, Min $2.50, Max $150

    Read our Mozo Review to learn more about the Low Rate

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  • Promoted

    Bankwest Zero Platinum Mastercard

    2.99% p.a. for 9 months and then 17.99% p.a.

    17.99% p.a.

    $0

    This card boasts no annual fee and the option to pay with the Bankwest Halo payment ring. Plus, with no foreign transaction fees and complimentary travel insurance it's a good pick for travel. Winner of a Mozo Experts Choice Award 2019 in the No Annual Fee Platinum Credit Card category^.

    • 17.99% p.a.

    • -

    • 2.99% p.a. for 9 months and then 17.99% p.a.

    • 21.99% p.a.

    • 55

    • 0%

    • $0

    • $25.00

    • 2%, Min $4.00

    Read our Mozo Review to learn more about the Zero Platinum Mastercard

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  • Promoted

    American Express Qantas Discovery Card

    No current offer

    20.74% p.a.

    $0

    Receive up to 1.75 Qantas Points for every $1 spent on Card purchases (T&Cs apply). No annual fee for the life of the card. Credit Card Provider of the Year in the Mozo Experts Choice Awards 2019.^ T&C’s apply.

    • 20.74% p.a.

    • -

    • No current offer

    • 44

    • 3.00%

    • $0

    • $30.00

    Read our Mozo Review to learn more about the Qantas Discovery Card

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  • Promoted

    Bankwest Breeze Mastercard

    2.99% p.a. for 9 months and then 10.99% p.a. (0% balance transfer fee)

    0% p.a. for 15 months then 10.99% p.a.

    $49

    Enjoy 0% interest for 15 months on new purchases then 10.99% p.a. thereafter. $49 annual fee. Limited time only. Fees, T&Cs apply. New Breeze Mastercard customers only.

    • 0% p.a. for 15 months then 10.99% p.a.

    • 0% p.a. for 15 months

    • 2.99% p.a. for 9 months and then 10.99% p.a. (0% balance transfer fee)

    • 21.99% p.a.

    • 55

    • 2.95%

    • $49

    • $25.00

    • 2%, Min $4.00

    Read our Mozo Review to learn more about the Breeze Mastercard

    Details Close

  • Promoted

    NAB Low Rate Card

    0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)

    12.99% p.a.

    $59

    0% p.a. interest on purchases for the first 6 months, plus a low ongoing rate after that mean you can spend with confidence. There's also up to 55 interest free days on purchases to help you manage your budget better.

    • 12.99% p.a.

    • -

    • 0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)

    • 21.74% p.a.

    • 55

    • 3.00%

    • $59

    • $15.00

    • 2%, Min $2.50

    Read our Mozo Review to learn more about the Low Rate Card

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