The Citi Clear Platinum was awarded an Experts Choice Award 2017 for its low ongoing purchase rates of 14.99%, one of the lowest in the market for a platinum card. The $99 annual fee is one of the lowest around for a platinum credit card. Just be sure to take advantage of the benefits included with the card such as free wine and insurances.
If you're heading overseas, you'll be able to use the credit card wherever Visa is accepted - which is pretty much at most retailers around the world. But remember, for international purchases you'll face a 3.40% foreign exchange margin if you pay on your Citi Clear Platinum but this is standard and no deal breaker.
As a Clear Platinum card holder you'll get top insurance coverage with up to $200,000 purchase cover insurance for goods lost or stolen within 90 days for any items purchases on your card. Also included is a manufacturers warranty doubled up to 12 months on purchases. And the guaranteed pricing scheme means if you make a purchase on your card and you see it on sale at a later stage, you can get a refund on the price difference.
The Clear Platinum is all about privileges. Receive an award winning bottle of wine every time you dine in a partner restaurant as part of Citi's Dining Program and you'll also get 25% off offers available on Citi World Privileges, which includes deals for shopping, health spas and even a Sydney Bridge climb. You can even get discounted movie tickets. In addition, you get access to the Visa Platinum Privileges program which gives you access to special offers that are much harder for everyday card holders to obtain.
Who it's good for:
The Citi Clear Platinum will no doubt knock the socks off anyone who loves a good savings deal with its low purchase rate and those who enjoy a good wine from time to time.
Be aware of the high 21.74% cash advance rate.