Citi Platinum

The details shown below are for a card with Citi Rewards

The details shown below are for a card with Citi Rewards

Choose the version of credit card that suits you best

  • Platinum (Bonus Points Offer)

    Rewards: Citi Rewards

  • Platinum (Balance Transfer Offer)

    Rewards: Citi Rewards

20.99% p.a.

0% p.a. for 12 months and then 21.74% p.a.

$149 50% off annual fee when you spend $24,000 in the preceding year., $49 in the first year

Citi Rewards

Citi Platinum

20.99% p.a.

0% p.a. for 12 months and then 21.74% p.a.

$149 50% off annual fee when you spend $24,000 in the preceding year., $49 in the first year

Citi Rewards

20.99% p.a.

0% p.a. for 24 months and then 21.74% p.a. (1.50% balance transfer fee)

$149 $49 in the first year

Citi Rewards

Citi Platinum

20.99% p.a.

0% p.a. for 24 months and then 21.74% p.a. (1.50% balance transfer fee)

$149 $49 in the first year

Citi Rewards

Mozo Review   Citi Platinum Review

Last updated: 24 September 2018.

What's hot:
  • Up to 200,000 bonus points (monthly spend applies)

  • 0% p.a. balance transfer rate for 24 months (1.5% BT fee) OR 12 months (0% BT fee)

  • $49 annual fee in the first year ($149 after)

What's not:
  • High 20.99% purchase rate

  • High 21.74% cash advance rate

Mozo snapshot:

Who doesn’t like getting extra rewards from using their credit card? The Citi Platinum rewards program means you’ll be racking up flights and gift cards that make spending all the more rewarding. There are two options to choose from when you pick up a Citi Platinum card: either 0% p.a. on balances transferred to the card 24 months (1.5% BT fee applies), or the chance to earn up to 200,000 bonus points as long as you spend $1,000 each month for the first 20 months after card approval.

Key features:

If you’re into earning extra rewards like free flights or cashback, then you’re in luck because that’s exactly what’s on offer with the Citi Platinum credit card. For every dollar you spend you’ll get 1 point, capped at 10,000 points per statement period. But, the good news for travellers and online shoppers is you can earn unlimited points on eligible international vendors.

Considering all that rewards value, the annual fee of $149 is fairly competitive, plus for the first year you’ll only have to pay $49. That’s saving you a whole $100, pretty neat. Plus, at the moment, when you spend more than $24,000 in a year, you'll get a 50% discount off the next year's annual fee.

You’ll also be able to have an additional 4 cardholders on the card, meaning you can divide the account between your partner or family. But before you go handing out extra cards to your brother and his dog be aware that each extra card costs $90.

Having your purchases instantly incur interest can be a tad confronting, so the up to 55 interest free days gives you that little breathing room. But if you do miss a payment you’ll be only be hit with a $10 late payment if this mild slip up does happen you won’t be slapping your forward head too hard.

There are two options to choose from with this card:

The Citi Platinum Balance Transfer Offer gives you 24 months of 0% p.a. interest to pay off existing debts before rising to a revert rate of 21.74%. Just keep in mind there is a 1.50% BT fee to consider.

If you choose the Citi Platinum Bonus Points Offer, you can earn up to 200,000 bonus points on the Citi Platinum card. How? Just spend $1,000 each month for 20 months after card approval. Not too shabby! This card also comes with a 0% balance transfer offer for 12 months, and no BT fee. After that, the interest on any leftover balances reverts to the cash advance rate of 21.74%.

Who it's good for:

The two offers attached to this card mean that it's a great pick for big spenders who are chasing a good rewards return with the Bonus Points Offer, or for those clearing existing debt, thanks to the lengthy Balance Transfer Offer option - just watch out for the revert rate and BT fee. 

Any catches?

The annual fee will jump from $49 to $149, after the first year so if you’ve been sold on the lower number, know it’s going up.

While additional cardholders are a great way to rack up extra points, it’ll cost you $90 per extra card.

Rewards program details

Rates and fees information correct as at 17 October 2018.

What your points get you

Fly Sydney to London

299,000 points

Fly Sydney to Melbourne

19,500 points

$100 Giftcard

18,900 points

$100 Cash

40,000 points

Points earning

1 point per dollar on Visa, up to $10,000 per month

Rewards scheme

Transfer points to a range of airline programs or redeem your points for travel, cashback, gift cards, retail rewards and shopping gift cards.

You can redeem flights via Velocity, Singapore Krisflyer, Asia Miles or Emirates Skywards.

Points uncapped for eligible international purchases.

Instant discounts via Citi World Privileges

Special offers

Earn 10,000 bonus points each month $1,000 or more is spent on eligible transactions for the first 20 months.

Value of rewards points

Spend $40,000 (Visa)

Spend $18,900 (Visa)

Spend $19,500 (Visa)

Spend $299,000 (Visa)

at $10,000 monthly

Never

How do we calculate the rewards?

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.

Close

Rate and fee details

Rates
  • 20.99% p.a.

  • none

  • 0% p.a. for 12 months and then 21.74% p.a.

  • yes

  • 21.74% p.a.

  • 55

Fees
  • $149.00

  • $49 in the first 1 year

  • none

  • none

  • $10.00

  • 3.5%, min $3.50

  • 3.40%

  • $7.00

  • $7.00

  • $90.00

Features
  • $30.00

  • 2.0

  • 4

  • none

Payment options

Apple Pay, Samsung Pay

Rewards privileges

Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection

Rewards program details

Rates and fees information correct as at 17 October 2018.

What your points get you

Fly Sydney to London

299,000 points

Fly Sydney to Melbourne

19,500 points

$100 Giftcard

18,900 points

$100 Cash

40,000 points

Points earning

1 point per dollar on Visa, up to $10,000 per month

Rewards scheme

Transfer points to a range of airline programs or redeem your points for travel, cashback, gift cards, retail rewards and shopping gift cards.

You can redeem flights via Velocity, Singapore Krisflyer, Asia Miles or Emirates Skywards.

Points uncapped for eligible international purchases.

Instant discounts via Citi World Privileges

Value of rewards points

Spend $40,000 (Visa)

Spend $18,900 (Visa)

Spend $19,500 (Visa)

Spend $299,000 (Visa)

at $10,000 monthly

Never

How do we calculate the rewards?

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.

Close

Rate and fee details

Rates
  • 20.99% p.a.

  • none

  • 0% p.a. for 24 months and then 21.74% p.a. (1.50% balance transfer fee)

  • yes

  • 21.74% p.a.

  • 55

Fees
  • $149.00

  • $49 in the first 1 year

  • none

  • none

  • $10.00

  • 3.5%, min $3.50

  • 3.40%

  • $7.00

  • $7.00

  • $90.00

Features
  • $30.00

  • 2.0

  • 4

  • none

Payment options

Apple Pay, Samsung Pay

Rewards privileges

Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection

Other benefits

Free wine every time you dine with the Citibank Dining Program.

Customer Reviews

How are Citi credit cards rated by the Mozo community?

Overall customer rating
5.2/10

Based on 1248 Citi credit card reviews

Price
4.8/10
Features
5.5/10
Customer service
4.9/10
Convenience
5.0/10
Trust
5.2/10

Latest reviews of Citi Platinum

  • Overall
    5/10
    Average overall

    High interest rates and their membership fee is too expensive.

    High interest rates and their membership fee is too expensive.

    Price
    3/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -

    Ophelia | New South Wales

    reviewed almost 2 years ago

  • Overall
    6/10
    Good credit card provider

    I enjoy the fact that there are no annual fees. Customer service is also pretty good.

    I enjoy the fact that there are no annual fees. Customer service is also pretty good.

    Price
    7/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -

    Elsie | Victoria

    reviewed almost 2 years ago

  • Overall
    8/10
    Low fees and great features

    I like this bank, they provide excellent service.

    I like this bank, they provide excellent service.

    Price
    6/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    8/10
    Trust
    10/10

    Robert | Victoria

    reviewed over 2 years ago

  • Overall
    5/10
    Disappointing

    Just before Christmas I decided to clear the balance on my credit card so that I would not...

    Just before Christmas I decided to clear the balance on my credit card so that I would not forget, I now find out that I owe two months balance as the payment was just added to my credit balance and was not used to clear my purchases! not only do I have to pay the amount again but I was charged interest!!

    Price
    2/10
    Features
    2/10
    Customer service
    5/10
    Convenience
    6/10
    Trust
    3/10

    A | New South Wales

    reviewed over 2 years ago

  • Overall
    10/10
    Great interest rate and interest free days.

    It is one of the best banks that I have delt in the recent past. I have been with them with over...

    It is one of the best banks that I have delt in the recent past. I have been with them with over 6 months and it was one of the wisest decision that I have made.

    Price
    9/10
    Features
    9/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Tapan | New South Wales

    reviewed over 2 years ago

Citi

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.

See Citi credit cards

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Citi

Citi

Clear Platinum

12.99% p.a.

0% p.a. for 14 months and then 21.74% p.a.

$99 $0 in the first year

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Citi

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 year

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Citi

Citi

Signature

20.99% p.a.

0% p.a. for 12 months and then 21.74% p.a.

$395 50% off annual fee when you spend $48,000 in the preceding year., $195 in the first year

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Citi

Citi

Qantas Signature

20.99% p.a.

0% p.a. for 6 months and then 21.74% p.a.

$444 $248 in the first year

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Citi

Citi

Emirates World Mastercard

20.99% p.a.

0% p.a. for 9 months and then 21.74% p.a.

$299 $149 in the first year

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Citi

Citi

Prestige

20.99% p.a.

No current offer

$700

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Citi

Citi

Simplicity

19.99% p.a.

0% p.a. for 6 months and then 19.99% p.a.

$0

Promoted

Woolworths

Woolworths

Everyday Platinum Credit Card

0% p.a. for 14 months and then 21.99% p.a.

19.99% p.a.

$49 $0 in the first year

Promoted

ME

ME

frank Credit Card

No current offer

11.99% p.a.

$0

Promoted

American Express

American Express

Explorer Credit Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

20.74% p.a.

$395

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0% p.a. for 6 months and then 20.99% p.a.

0% p.a. for 14 months then 20.74% p.a.

$129

Promoted

American Express

American Express

Velocity Escape Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

20.74% p.a.

$0

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

0% p.a. for 13 months then 12.99% p.a.

$99

Promoted

Westpac

Westpac

Altitude Black with American Express

No current offer

20.24% p.a.

$499 $300 in the first year

Promoted

Suncorp

Suncorp

Clear Options Platinum

0% p.a. for 18 months and then 21.99% p.a.

20.74% p.a.

$178

Promoted

Woolworths

Woolworths

Everyday Platinum Credit Card

1 point per dollar on Visa, uncapped

19.99% p.a.

$49 $0 in the first year

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0.66 points per dollar on Visa, up to $1,500 per month, then
0.5 points per dollar on Visa, uncapped

20.74% p.a.

$129

Promoted

American Express

American Express

Explorer Credit Card

2 points per dollar on Amex, uncapped

20.74% p.a.

$395

Promoted

Westpac

Westpac

Altitude Black with American Express

1.25 points per dollar on Amex, 0.75 points per dollar on Mastercard, uncapped

20.24% p.a.

$499 $300 in the first year

Promoted

American Express

American Express

Velocity Escape Card

1 point per dollar on Amex, uncapped

20.74% p.a.

$0

Promoted

Suncorp

Suncorp

Clear Options Platinum

0.5 points per dollar on Visa, up to $8,000 per month

20.74% p.a.

$178

Promoted

St.George

St.George

Amplify Signature

0.75 points per dollar on Visa, uncapped

19.49% p.a.

$279 $179 in the first year

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity High Flyer Card

1 point per dollar on Visa, up to $8,000 per month, then
0.5 points per dollar on Visa, uncapped

20.74% p.a.

$289

Promoted

Woolworths

Woolworths

Everyday Platinum Credit Card

0% p.a. for 14 months and then 21.99% p.a.

$49 $0 in the first year

19.99% p.a.

Promoted

American Express

American Express

Velocity Escape Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

$0

20.74% p.a.

Promoted

Suncorp

Suncorp

Clear Options Platinum

0% p.a. for 18 months and then 21.99% p.a.

$178

20.74% p.a.

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

$99

0% p.a. for 13 months then 12.99% p.a.

Promoted

28 Degrees

28 Degrees

Platinum Mastercard

4.99% p.a. for 6 months and then 21.99% p.a.

$0

21.99% p.a.

Promoted

NAB

NAB

Low Rate Platinum Card

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$100

0% p.a. for 9 months then 13.99% p.a.

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0% p.a. for 18 months and then 20.99% p.a.

$129 $64 in the first year

20.74% p.a.

Promoted

Citi

Citi

Platinum

0% p.a. for 24 months and then 21.74% p.a. (1.50% balance transfer fee)

$149 $49 in the first year

20.99% p.a.

Promoted

ME

ME

frank Credit Card

11.99% p.a.

$0

No current offer

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months then 12.99% p.a.

$99

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

Promoted

American Express

American Express

Essential Credit Card

14.99% p.a.

$0

0% p.a. for 12 months and then 14.99% p.a. (3.00% balance transfer fee)

Promoted

NAB

NAB

Low Rate Platinum Card

0% p.a. for 9 months then 13.99% p.a.

$100

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

Promoted

ANZ

ANZ

Low Rate

12.49% p.a.

$58

0% p.a. for 15 months and then 21.74% p.a.

Promoted

Citi

Citi

Clear Platinum

12.99% p.a.

$99 $0 in the first year

0% p.a. for 14 months and then 21.74% p.a.

Promoted

Bankwest

Bankwest

Breeze Mastercard

0% p.a. for 13 months then 12.99% p.a.

$79

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

Promoted

St.George

St.George

Vertigo

13.74% p.a.

$55

0% p.a. for 16 months and then 19.49% p.a.

Promoted

Woolworths

Woolworths

Everyday Platinum Credit Card

19.99% p.a.

0% p.a. for 14 months and then 21.99% p.a.

$49 $0 in the first year

Promoted

ME

ME

frank Credit Card

11.99% p.a.

No current offer

$0

Promoted

American Express

American Express

Explorer Credit Card

20.74% p.a.

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

$395

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0% p.a. for 14 months then 20.74% p.a.

0% p.a. for 6 months and then 20.99% p.a.

$129

Promoted

American Express

American Express

Velocity Escape Card

20.74% p.a.

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

$0

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months then 12.99% p.a.

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

$99

Promoted

Westpac

Westpac

Altitude Black with American Express

20.24% p.a.

No current offer

$499 $300 in the first year

Promoted

Suncorp

Suncorp

Clear Options Platinum

20.74% p.a.

0% p.a. for 18 months and then 21.99% p.a.

$178