The best of both worlds: Citi and Paypal announce long-term partnership to develop credit products
24 Oct 2019
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. Advertiser disclosure.
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Apply By 28 February 2022
Bendigo Bank Low Rate Credit Card
No current offer
0% p.a. for 18 months then 11.99% p.a.
$45
0% p.a. on purchases for up to 18 months (Reverts to 11.99% p.a). Low annual fee of $45 and no fees for additional cardholders.
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0% p.a. for 18 months then 11.99% p.a.
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0% p.a. for 18 months
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No current offer
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13.99% p.a.
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55
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3.00%
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$45
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$15.00
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0.50%, Min $3.25
Read our Mozo Review to learn more about the Low Rate Credit Card
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Virgin Money Virgin Australia Velocity Flyer Card - Bonus Points Offer
0% p.a. for 18 months and then 20.99% p.a.
20.74% p.a.
$129 $64 in the first year
Earn up to 100,000 bonus points in the first 4 months (conditions apply) and 0% Balance transfer for 18 months
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20.74% p.a.
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0% p.a. for 18 months and then 20.99% p.a.
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20.99% p.a.
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55
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64.0
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3.30%
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$129 $64 in the first year
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$30.00
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2.7%, Min $2.70
Read our Mozo Review to learn more about the Virgin Australia Velocity Flyer Card - Bonus Points Offer
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Featured Product
MoneyMe Freestyle Virtual Mastercard
No current offer
16.99% p.a.
$209 $0 - $149 based on credit limit, $5/month for balances over $20.
Use your virtual card instantly once approved (typically within 60 minutes). Features include Tap n Pay with up to 55 days interest-free, transfer money to any bank account and exclusive access to MoneyMe perks. $0 annual fee for lower limits. Must be employed with decent credit history.
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16.99% p.a.
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No current offer
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16.99% p.a.
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55
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2.99%
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$209 $0 - $149 based on credit limit, $5/month for balances over $20.
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$15.00
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Read our Mozo Review to learn more about the Freestyle Virtual Mastercard
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Westpac Low Rate
0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
13.74% p.a.
$59 $0 in the first year
Enjoy a super low rate of 13.74% with 55 days interest free plus 0% balance transfer for up to 28 months at 1% BT fee. No annual card fee for the first year, $59 thereafter. New Cards only. Offer ends February 24th 2022. T&C's and exclusions apply.
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13.74% p.a.
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0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
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21.49% p.a.
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55
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0.0
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3.00%
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$59 $0 in the first year
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$15.00
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3%
Read our Mozo Review to learn more about the Low Rate
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humm90 Mastercard
No current offer
23.99% p.a.
$99 $0 in the first year
With up to 110 days interest free on your spending, this card is pretty unique in the market, and great for managing your daily spend. Plus, no foreign transaction fees overseas or online. Plus $400 cash back when you spend $4,000 on eligible purchases within first 120 days (T&Cs apply).
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23.99% p.a.
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No current offer
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25.99% p.a.
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110
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0.0
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0%
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$99 $0 in the first year
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$35.00
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3%, min $3
Read our Mozo Review to learn more about the Mastercard
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