Citi Classic

20.99% p.a.

0% p.a. for 15 months and then 21.74% p.a. (1.50% balance transfer fee)

$99 $49 in the first 1 year

Revealing rewards

How do we do it?

To work out the "Rewards value minus fees" in our Rewards Revealer we:

  • calculate how many points you'd get each year,
  • figure out how many flights or gift cards or cashback credits you could get for those points,
  • work out what that's actually worth to you,
  • take off the annual fee you'd pay.

More details:

  • Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.
  • We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.
  • Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.
  • In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.
  • We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.
  • To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.
  • Shopping rewards are based on $100 gift cards from a major national department store.
  • We make every effort to ensure our calculations are correct and up to date but make no guarantees.

Rewards scheme

  • Redeem your points for travel, cashback, gift cards, retail rewards and shopping gift cards.
  • Bonus points available at over 220 partner merchants.
  • Instant discounts via Citi World Privileges

Privileges

  • Purchase Protection

Value of rewards points

  • Need to spend $40,000 (Visa)

  • Need to spend $20,900 (Visa)

  • at $5,000 monthly

  • Never

Details behind our 'value of rewards' calculations

  • 1 point per dollar on Visa, up to $5,000 per month

  • 40000 points buys a $100 credit

  • 20900 points buys a Myer $100 Gift Card

* How did we do it? Find out...

Rates

  • 20.99% p.a.

  • none

  • 0% p.a. for 15 months and then 21.74% p.a. (1.50% balance transfer fee)

  • yes

  • 21.74% p.a.

  • 55

Fees

  • $99.00

  • $49 in the first 1 year

  • none

  • none

  • $10.00

  • 3.5%, min $3.50

  • 3.40%

  • $7.00

  • $7.00

  • $15.00

Other financial bits

  • $30.00

  • 2.0

Features

  • 4

  • none

  • Free wine every time you dine with the Citibank Dining Program; 5% cashback on up to $1000 spend within 90 days of approval.

About Citi

Citi is the consumer banking arm of Citigroup, one of the world's biggest financial institutions. Citi was the first foreign bank to be granted a banking licence to operate in Australia. Citi is now the largest international bank in the country, serving millions of Australians with credit cards, mortgages, deposit accounts, charge cards and more.

How are Citi credit cards rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
5.7

Based on 379
Citi credit cards reviews

5.0 5.8 5.5 5.5 5.7

Read Citi credit card reviews by the Mozo community

Latest reviews of Citi Classic

Citi

Citi Classic credit card review

Overall rating   10 / 10

Over the phone customer service is so helpful

For many years, this bank has looked after me. They have provided good documentation, rapid service and a cheerful outlook.

Full review

For many years, this bank has looked after me. They have provided good documentation, rapid service and a cheerful outlook.

    Price   9 / 10

    Features   / 10

    Customer service   / 10

    Convenience   / 10

    Trust   / 10

Less

Louise (TAS), reviewed 5 months ago

Citi

Citi Classic credit card review

Overall rating   7 / 10

Customer service is excellent

They are on the ball with security. They call quickly if there has been any suspicious activity on my account. They send a text message when every transaction over $100 takes place within 60 seconds of it happening.

Full review

They are on the ball with security. They call quickly if there has been any suspicious activity on my account. They send a text message when every transaction over $100 takes place within 60 seconds of it happening.

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   2 / 10

    Trust   8 / 10

Less

Karen (QLD), reviewed over 1 year ago

Citi

Citi Classic credit card review

Overall rating   7 / 10

Great customer service and good rates

Bank has a great rate and good phone service. The extended time it takes to pay is where the interest gets extremely expensive, although communication is good and they disclose everything in clear concise manner.

Full review

Bank has a great rate and good phone service. The extended time it takes to pay is where the interest gets extremely expensive, although communication is good and they disclose everything in clear concise manner.

    Price   5 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   0 / 10

    Trust   6 / 10

Less

Aleksandra (NSW), reviewed almost 2 years ago

Citi

Citi Classic credit card review

Overall rating   9 / 10

Great as a travel card with no hidden costs

Fantastic as a travel card overseas. Only pay the ATM fee of the overseas ATM and no annual fee to have the card. Was really happy with it when I used it for my overseas trip.

Full review

Fantastic as a travel card overseas. Only pay the ATM fee of the overseas ATM and no annual fee to have the card. Was really happy with it when I used it for my overseas trip.

    Price   8 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Laura (ACT), reviewed almost 2 years ago

Citi

Citi Classic credit card review

Overall rating   9 / 10

Wonderful customer service

Extremely happy with this bank.. Always happy to listen and help anyway.

Full review

Extremely happy with this bank.. Always happy to listen and help anyway.

    Price   8 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Ann (NSW), reviewed about 2 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

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