Premier card image
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Citi Premier Credit Card

Advertiser disclosure
The details shown below are for a card with Citi Rewards Program
The details shown below are for a card with Qantas Frequent Flyer
The details shown below are for a card with Citi Rewards Program
The details shown below are for a card with Citi Rewards Program
The details shown below are for a card with Citi Rewards Program

Choose the version of this credit card that suits you best

Name Rewards program
Premier Citi Rewards Program
Premier Qantas Credit Card Qantas Frequent Flyer
Premier - Luxury Escapes Gift Card Offer Citi Rewards Program
Premier - Cashback Offer Citi Rewards Program
Premier - Velocity Offer Citi Rewards Program
  • Premier
    Rewards: Citi Rewards Program
  • Premier Qantas Credit Card
    Rewards: Qantas Frequent Flyer
  • Premier - Luxury Escapes Gift Card Offer
    Rewards: Citi Rewards Program
  • Premier - Cashback Offer
    Rewards: Citi Rewards Program
  • Premier - Velocity Offer
    Rewards: Citi Rewards Program
Purchase rate
21.49% p.a.
Balance transfer rate
0% p.a. for 6 months and then 22.24% p.a.
Annual fees
$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year
Interest free days on purchases
55
Purchase rate
21.49% p.a.
Balance transfer rate
No current offer
Annual fees
$350 $175 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year.
Interest free days on purchases
55
Purchase rate
21.49% p.a.
Balance transfer rate
0% p.a. for 6 months and then 22.24% p.a.
Annual fees
$300 $150 if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year
Interest free days on purchases
55
Purchase rate
21.49% p.a.
Balance transfer rate
0% p.a. for 6 months and then 22.24% p.a.
Annual fees
$300 $150 if you spend $48,000 on eligible purchases or cash advances in previous years., $150 in the first year
Interest free days on purchases
55
Purchase rate
21.49% p.a.
Balance transfer rate
No current offer
Annual fees
$300 $150 in each subsequent year if you spend $48,000 on eligible purchases or cash advances in previous years.
Interest free days on purchases
55

Mozo editorial review Citi Premier Credit Card - last updated: 20 May 2024

binocular icon
What's hot
  • 2023 Mozo Experts Choice Award winner
  • Up to 2 Citi reward points per $1 spent (T&Cs apply)
  • Complimentary access to over 1,200 airport lounges internationally with Priority Pass
What's not
  • 21.49% p.a. purchase rate
  • Cap of 200,000 Citi rewards points/100,000 Qantas Points per year
Mozo snapshot

The Citi Premier credit card won a 2023 Mozo Experts Choice Award^ for its distinction as a Premium Rewards Credit Card. 

While the 21.49% p.a. purchase rate could be considered steep, the Citi Premier credit card can come with some attractive offers. Check out some of the latest deals below. 

key icon
Key features

The Citi Premier card offers customers a 21.49% p.a. purchase rate and 55 interest-free days on purchases (T&Cs apply). The card comes with a credit limit between $10,000 to $100,000, and you have the option to add up to 4 additional cardholders (over the age of 16) at no extra cost. 

As far as fees go, there’s an annual fee of $300 per year (or $350 if choosing to earn Qantas Points with this credit card). Fee may change subject to the offer chosen by a customer, terms and conditions apply. The annual fee is reduced to $150 for the first year (and each subsequent year) if you spend $48,000 on eligible purchases or cash advances in the previous year (T&Cs apply).

The cash advance rate on the Citi Premier card sits at 22.24% p.a., which is an important number to remember if you’re considering Citi’s Premier Balance Transfer offer. 

Bonus Points offer 

Right now, you can score 200,000 bonus Citi rewards points when you spend $7,000 on eligible purchases within 90 days of approval, and keep your card for a year (T&Cs apply). Be aware that there’s a 200,000-point cap on the number of points you can accrue each year, so you may not earn any points for the first 12 months on top of this offer. 

When you choose this offer, your annual fee is reduced to $150 in the first year, and each subsequent year if you spend $48,000 on eligible purchases or cash advances in the previous year.

It also comes with a balance transfer offer of 0% p.a. for 6 months with no balance transfer fee (T&Cs apply). Reverts to cash advance rate after 6 month period. Interest free days do not apply with a balance transfer.

Cashback offer 

Customers using Apple Pay, or another eligible digital wallet, to make purchases with their digital Citi Premier credit card could get up to $600 cashback by spending $2,000 on eligible purchases within 90 days of card approval (T&Cs apply). 

If you choose the cashback offer, the annual fee is $300 in the first year, but is reduced to $150 for each subsequent year if you spend $48,000 on eligible purchases or cash advances in the previous year (T&Cs apply). 

You can also take advantage of a balance transfer offer of 0% p.a. for 6 months with no balance transfer fee (T&Cs apply). Reverts to cash advance rate after 6 month period. Interest free days do not apply with a balance transfer.

Qantas Points offer

Right now, you can score 70,000 bonus Qantas Points as an option with this credit card: 70,000 bonus points when you spend $8,000 on eligible purchases within 3 months from approval and keep your card for over 12 months (T&Cs apply). Be aware that there’s a 100,000-point cap on the number of Qantas points you can accrue each year, so you may not earn as many points for the first 12 months on top of this offer. 

The annual fee is $350 in the first year. $175 in subsequent years if you spend $48,000 or more on eligible purchases or cash advances in the previous year, otherwise it stays at $350.

Velocity Points offer

You can score 100,000 bonus Velocity points when you spend $8,000 on eligible purchases within 90 days of approval, and keep your card for a year (T&Cs apply). 

With this offer, the annual fee is $300 in the first year, but is reduced to $150 for each subsequent year if you spend $48,000 on eligible purchases or cash advances in the previous year (T&Cs apply). 

Luxury Escapes offer 

Right now, you can score a $750 Luxury Escapes voucher when you spend $7,000 on eligible purchases within 90 days of approval, and keep your card for a year (T&Cs apply). 

With the Luxury Escapes offer, the annual fee is reduced to $150 in the first year, and each subsequent year if you spend $48,000 on eligible purchases or cash advances in the previous year.

It also comes with a balance transfer offer of 0% p.a. for 6 months with no balance transfer fee (T&Cs apply). Reverts to cash advance rate after 6 month period. Interest free days do not apply with a balance transfer.

snapshot
Who is it good for

The Citi Premier card is good for those earning over $75,000 per year, who want a credit card that boasts a range of offers and rewards points. 

question icon
Any catches

Get into the habit of paying your balance off in full each month or you'll be paying a high 21.49% p.a. purchase rate.

Customers must meet the minimum spend requirement of $48,000 per year in order to qualify for the reduced annual fee of $150 ($175 for Qantas Points), as opposed to the standard annual fee of $300 ($350 for Qantas Points).

There are also a variety of other fees to be aware of, including, but not limited to, a $30 late payment fee and a cash advance fee of 3.5% or $3.50 (whichever is higher).

Rewards program details

Rates and fees information correct as at 25 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.

What your points get you
Fly Sydney to London return

299,000 points

Fly Sydney to Melbourne one-way

19,500 points

$100 Giftcard

20,900 points

$100 Cash

50,000 points

Points earning

1 point per dollar on Mastercard, up to 200000 points per year

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 or Emirates Skywards.

2 Points per $1 for eligible transactions made online. 2 Points per $1 for eligible international spend. Up to 200,000 Points over a 12 month period.

Receive two complimentary airport lounge visits every year when you enrol in Priority Pass.

Special offers

Earn 150,000 bonus Citi Points when you spend $7,000 on eligible purchases within 90 days of approval and an additional 50,000 Points when you keep your card open for over 12 months.

Value of rewards points

Spend $50,000 (Mastercard)

Spend $20,900 (Mastercard)

Spend $19,500 (Mastercard)

Spend $299,000 (Mastercard)

at 200,000 points yearly

Never

How do we calculate these points?

Rate and fee details

Rates

21.49% p.a.

none

0% p.a. for 6 months and then 22.24% p.a.

yes

22.24% p.a.

55

Fees

$300.00

$150 in the first year

$48,000.00

none

$30.00

3.5%, min $3.50

3.40%

$0.00

$7.00

$0.00

Features

$25.00

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 25 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.

What your points get you
Fly Sydney to London return

110,400 points

Fly Sydney to Melbourne one-way

8,000 points

$100 Giftcard

20,010 points

$100 Cash

-

Points earning

0.5 points per dollar on Mastercard, up to 100000 points per year

Rewards scheme

Points are automatically credited to the Qantas Frequent Flyer program.

All rewards are redeemed via Qantas Frequent Flyer

1 Qantas Point per $1 for eligible online and International Spending. 0.5 Points per $1 domestic spend. Capped at 100,000 points per 12 month spend.

Receive two complimentary airport lounge visits every year when you enrol in Priority Pass.

Special offers

Receive 70,000 bonus points when you spend $8,000 on eligible purchases within 3 months from approval and keep your card open for over 12 months.

Value of rewards points

Spend $40,020 (Mastercard)

Spend $16,000 (Mastercard)

Spend $220,800 (Mastercard)

at 100,000 points yearly

Never

How do we calculate these points?

Rate and fee details

Rates

21.49% p.a.

none

No current offer

yes

22.24% p.a.

55

Fees

$350.00

none

$48,000.00

none

$30.00

3.5%, min $3.50

3.40%

$0.00

$7.00

$0.00

Features

$25.00

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 25 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.

What your points get you
Fly Sydney to London return

299,000 points

Fly Sydney to Melbourne one-way

19,500 points

$100 Giftcard

20,900 points

$100 Cash

50,000 points

Points earning

1 point per dollar on Mastercard, up to 200000 points per year

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 or Emirates Skywards.

2 Points per $1 for eligible transactions made online and international transactions, up to 200,000 Points over a 12 month period.

Value of rewards points

Spend $50,000 (Mastercard)

Spend $20,900 (Mastercard)

Spend $19,500 (Mastercard)

Spend $299,000 (Mastercard)

at 200,000 points yearly

Never

How do we calculate these points?

Rate and fee details

Rates

21.49% p.a.

none

0% p.a. for 6 months and then 22.24% p.a.

yes

22.24% p.a.

55

Fees

$300.00

$150 in the first year

$48,000.00

none

$30.00

3.5%, min $3.50

3.40%

$0.00

$7.00

$0.00

Features

$25.00

2.0

4

none

Payment options

Apple Pay, Samsung Pay

Rewards privileges

Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection

Other benefits

Receive a $750 Luxury Escapes Gift Card when you spend $7,000 on eligible purchases within 90 days of approval.

Rewards program details

Rates and fees information correct as at 25 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.

What your points get you
Fly Sydney to London return

299,000 points

Fly Sydney to Melbourne one-way

19,500 points

$100 Giftcard

20,900 points

$100 Cash

50,000 points

Points earning

1 point per dollar on Mastercard, up to 200000 points per year

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 or Emirates Skywards.

2 Points per $1 for eligible transactions made online. 2 Points per $1 for eligible international spend. Up to 200,000 Points over a 12 month period.

Receive two complimentary airport lounge visits every year when you enrol in Priority Pass.

Value of rewards points

Spend $50,000 (Mastercard)

Spend $20,900 (Mastercard)

Spend $19,500 (Mastercard)

Spend $299,000 (Mastercard)

at 200,000 points yearly

12 months

How do we calculate these points?

Rate and fee details

Rates

21.49% p.a.

none

0% p.a. for 6 months and then 22.24% p.a.

yes

22.24% p.a.

55

Fees

$300.00

$150 in the first year

$48,000.00

none

$30.00

3.5%, min $3.50

3.40%

$0.00

$7.00

$0.00

Features

$25.00

2.0

4

none

Payment options

Apple Pay, Samsung Pay

Rewards privileges

Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection

Other benefits

Receive $600 cashback when you apply and spend $2,000 on eligible purchases through digital wallet within 90 days of approval.

Rewards program details

Rates and fees information correct as at 25 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.

What your points get you
Fly Sydney to London return

299,000 points

Fly Sydney to Melbourne one-way

19,500 points

$100 Giftcard

20,900 points

$100 Cash

50,000 points

Points earning

1 point per dollar on Mastercard, up to 200000 points per year

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 or Emirates Skywards.

2 Points per $1 for eligible transactions made online. 2 Points per $1 for eligible international spend. Up to 200,000 Points over a 12 month period.

Receive two complimentary airport lounge visits every year when you enrol in Priority Pass.

Special offers

Earn 100,000 bonus Velocity Points when you spend $8,000 on eligible purchases within 90 days of approval.

Value of rewards points

Spend $50,000 (Mastercard)

Spend $20,900 (Mastercard)

Spend $19,500 (Mastercard)

Spend $299,000 (Mastercard)

at 200,000 points yearly

12 months

How do we calculate these points?

Rate and fee details

Rates

21.49% p.a.

none

No current offer

yes

22.24% p.a.

55

Fees

$300.00

none

$48,000.00

none

$30.00

3.5%, min $3.50

3.40%

$0.00

$7.00

$0.00

Features

$25.00

2.0

4

none

Payment options

Apple Pay, Samsung Pay

Rewards privileges

Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection

Customer Reviews

How are Citi credit cards rated by the Mozo community?

Overall
5.4/10
Price
4.8/10
Features
5.5/10
Customer service
4.9/10
Convenience
5.0/10
Trust
5.2/10
Based on 1316 Citi credit card reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Latest reviews of Citi Premier Credit Card

About Citi

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13.49% p.a.

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

$59 $0 in the first year

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Qantas Ultimate Card

23.99% p.a.

No current offer

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Qantas Frequent Flyer

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23.99% p.a.

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$195 $0 in the first year

Membership Rewards

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Explorer Credit Card

23.99% p.a.

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$395

Membership Rewards

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Velocity Platinum Card

23.99% p.a.

No current offer

$375

Velocity Frequent Flyer

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Qantas Discovery Card

23.99% p.a.

No current offer

$0

Qantas Frequent Flyer

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Low Rate Credit Card

10.99% p.a.

No current offer

$0

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American Express

Velocity Escape Card

23.99% p.a.

No current offer

$0

Velocity Frequent Flyer

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American Express

Qantas Ultimate Card

Qantas Frequent Flyer

$450

60,000

1.25 points up to 100,000 points/year, then
1 point uncapped

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G&C Mutual Bank

Platinum Visa Credit Card

Qantas Frequent Flyer

$299

50,000

1 point up to 20,000 points/month

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Qantas Rewards Premium Card

Qantas Frequent Flyer

$250 $150 in the first year

70,000

0.66 points up to $3,000/month, then
0.33 points up to $6,000/month

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American Express

Qantas Premium Card

Qantas Frequent Flyer

$249

20,000

1 point uncapped

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NAB

Rewards Signature Card

NAB Rewards

$295 $145 in the first year

160,000

1.25 points uncapped

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American Express

Qantas Discovery Card

Qantas Frequent Flyer

$0

No current offer

0.75 points uncapped

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American Express

Velocity Escape Card

Velocity Frequent Flyer

$0

No current offer

0.75 points uncapped

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NAB

Qantas Rewards Signature Card

Qantas Frequent Flyer

$395 $295 in the first year

120,000

1 point up to $5,000/month, then
0.5 points up to $20,000/month

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Low Rate Card

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

13.49% p.a.

$59 $0 in the first year

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Premier Credit Card

0% p.a. for 6 months and then 22.24% p.a.

21.49% p.a.

$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year

Citi Rewards Program

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Bank of Queensland

Blue Visa Credit Card

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

0% p.a. for 9 months then 20.74% p.a.

$60

Q Rewards

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Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0% p.a. for 24 months and then 20.99% p.a.

20.74% p.a.

$149 $0 in the first year

Velocity Frequent Flyer

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Bankwest

More Mastercard

0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)

19.99% p.a.

$100

Bankwest More Rewards

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Low Rate Card

13.49% p.a.

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

$59 $0 in the first year

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American Express

Low Rate Credit Card

10.99% p.a.

No current offer

$0

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HSBC

Low Rate Credit Card

12.99% p.a.

0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)

$99

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Australian Unity

Low Rate Visa Credit Card

9.90% p.a.

No current offer

$59

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MOVE Bank

Low Rate Credit Card

8.99% p.a.

0% p.a. for 6 months and then 8.99% p.a.

$59 $0 in the first year

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NAB

Low Rate Card

13.49% p.a.

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

$59 $0 in the first year

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American Express

Low Rate Credit Card

10.99% p.a.

No current offer

$0

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Low Rate Credit Card

12.99% p.a.

0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)

$99

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Australian Unity

Low Rate Visa Credit Card

9.90% p.a.

No current offer

$59

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MOVE Bank

Low Rate Credit Card

8.99% p.a.

0% p.a. for 6 months and then 8.99% p.a.

$59 $0 in the first year

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Bank of Queensland

Blue Visa Credit Card

0% p.a. for 9 months then 20.74% p.a.

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

$60

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Virgin Australia Velocity Flyer Card - Balance Transfer Offer

20.74% p.a.

0% p.a. for 24 months and then 20.99% p.a.

$149 $0 in the first year

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More Mastercard

19.99% p.a.

0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)

$100

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