Prestige - Qantas card image

Citi Prestige Credit Card

Advertiser disclosure
The details shown below are for a card with Qantas Frequent Flyer
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
Prestige - Qantas Qantas Frequent Flyer
Prestige Citi Rewards Program
  • Prestige - Qantas
    Rewards: Qantas Frequent Flyer
  • Prestige
    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
$749
Interest free days on purchases
44
Purchase rate
21.49% p.a.
Balance transfer rate
0% p.a. for 6 months and then 22.24% p.a.
Annual fees
$700
Interest free days on purchases
44

Mozo editorial review Citi Prestige Credit Card - last updated: 3 October 2023

binocular icon
What's hot
  • Up to 3 Points per $1 spent on eligible purchases (T&Cs apply)
  • Add up to 4 additional cardholders free of charge
  • 275,000 bonus Citi rewards points offer (spending conditions apply)
What's not
  • 21.49% p.a. purchase rate
  • $700 annual fee (or $749 for Qantas card)
Mozo snapshot

While the 21.49% p.a. purchase rate might be considered steep, the Citi Prestige credit card can come with some attractive offers, like a balance transfer offer with 0% p.a. interest for 6 months and rewards points for making purchases with your card (T&Cs apply).

key icon
Key features

The Citi Prestige card offers customers a 21.49% p.a. purchase rate and up to 44 interest-free days on purchases (T&Cs apply). The card comes with a credit limit between $20,000 to $100,000, and you have the option to have up to 4 additional cardholders (over the age of 16) at no extra cost. 

There’s also a balance transfer offer on the card to get you started: Pay 0% p.a. for 6 months when you transfer your balance to a Citi Premier card with no balance transfer fee. After the first 6 months, the interest charged on your balance transfer will revert to the cash advance rate of 22.24% p.a.

While the annual fee for the Citi Prestige credit card is $700 (or $749 if you opt to earn Qantas Points), there are plenty of perks for this rewards card. You could receive a complimentary Priority Pass membership, granting unlimited access to over 1,200 Priority Pass airport lounges worldwide, for you and one guest (T&Cs apply), amongst other benefits.

Citi Rewards Points offer

Right now, you can score 275,000 bonus Citi rewards points when you spend $10,000 on eligible purchases within 90 days from approval and keep your card for a year (T&Cs apply). 

Qantas Points offer

Get 100,000 bonus Qantas Points deposited into your Qantas Frequent Flyer account if you spend $7,500 on eligible purchases within 60 days of approval (T&Cs apply). 

snapshot
Who is it good for

The Citi Prestige card is good for those who want a credit card that boasts a rewards points program with no cap and the ability to add up to 4 additional cardholders at no extra fee.

question icon
Any catches

The $700 annual fee is quite steep (though not the highest fee on the market for a rewards credit card).

Rewards program details

Rates and fees information correct as at 27 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, uncapped

Rewards scheme

Points are automatically credited to the Qantas Frequent Flyer program.

All rewards are redeemed via Qantas Frequent Flyer

1.5 Points per dollar on eligible international purchases and domestic transactions with major airlines, hotel chains and restaurants. 1 Point per dollar on eligible transactions at major supermarkets, petrol outlets and retailers.

Priority Pass includes access to over 1,500 airport lounges, and your 4th night free when you book 4 consecutive nights at a range of hotels.

Special offers

Receive 100,000 bonus Qantas Points when you spend $7,500 on your card within 60 days of card approval.

Value of rewards points

Spend $40,020 (Mastercard)

Spend $16,000 (Mastercard)

Spend $220,800 (Mastercard)

Uncapped

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.

44

Fees

$749.00

none

none

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 27 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, uncapped

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.

3 points per dollar on eligible international purchases and domestic transactions with major airlines, hotel chains and restaurants. 2 points per dollar on eligible transactions at major supermarkets, petrol outlets and retailers.

Priority Pass includes access to over 1,500 airport lounges, and your 4th night free when you book 4 consecutive nights at a range of hotels.

Special offers

Receive 275,000 bonus Citi Points when you spend $10,000 within 90 days from card approval.

Value of rewards points

Spend $50,000 (Mastercard)

Spend $20,900 (Mastercard)

Spend $19,500 (Mastercard)

Spend $299,000 (Mastercard)

Uncapped

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.

44

Fees

$700.00

none

none

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 Prestige Credit Card

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Velocity Frequent Flyer

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