Rewards card image

Citi Rewards 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 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
Rewards Citi Rewards Program
Rewards - flybuys Offer Citi Rewards Program
Rewards - Velocity Frequent Flyer Offer Citi Rewards Program
  • Rewards
    Rewards: Citi Rewards Program
  • Rewards - flybuys Offer
    Rewards: Citi Rewards Program
  • Rewards - Velocity Frequent Flyer Offer
    Rewards: Citi Rewards Program
Purchase rate
0% p.a. for 12 months then 21.49% p.a.
Balance transfer rate
0% p.a. for 12 months and then 22.24% p.a.
Annual fees
$199
Interest free days on purchases
55
Purchase rate
0% p.a. for 6 months then 21.49% p.a.
Balance transfer rate
No current offer
Annual fees
$199
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
$199
Interest free days on purchases
55

Mozo editorial review Citi Rewards Credit Card - last updated: 2 November 2023

binocular icon
What's hot
  • Earn 1 Citi reward point per $1 spent on eligible purchases (T&Cs apply)
  • Complimentary insurance covers
  • Personalised cashback offers through MyCashback
What's not
  • High 21.49% p.a. purchase rate after 14 months
  • Additional cardholders cost $90 per card, annually
Mozo snapshot

The Citi Rewards credit card has a relatively steep 21.49% p.a. purchase rate but rewards customers for using their card both in Australia and overseas. Plus, it comes with perks and limited-time offers, like interest-free periods on balance transfers and complimentary international travel insurance (T&Cs apply).

key icon
Key features

The Citi Rewards card offers customers a 21.49% p.a. purchase rate and up to 55 interest-free days on purchases (T&Cs apply). The card comes with a credit limit between $2,000 to $100,000, and there’s an annual fee of $199. 

With Citi’s Rewards credit card, customers can earn 1 Citi reward Point for every $1 spent on eligible purchases (up to $10,000 per statement period) in Australia, or with overseas merchants and online stores (T&Cs apply). 

You have the option to have up to 4 additional cardholders (over the age of 16) at a cost of $90 per card, annually. So, if you want to add one extra cardholder, like your partner, your annual fee will come to $289. 

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

Balance Transfer offer

Pay 0% p.a. for 12 months when you transfer your balance to a Citi Rewards card. After the first 12 months, the interest charged on your balance transfer will revert to the cash advance rate of 22.24% p.a. There is no fee for balance transfers, but it’s important to note that balance transfers aren’t eligible for the 55-day interest-free period.

Citi Reward Points offer

You can earn a total of 100,000 bonus Citi Rewards Points when you spend $5,000 on eligible purchases within the first 90 days of approval (T&Cs apply, offer valid until 30 April 2024). 

Also included in this offer, your first year’s annual fee is cut to $99, but reverts to $199 in subsequent years. Receive an introductory purchase rate of 0% p.a. for 6 months. Reverts to variable retail purchase rate. There’s a balance transfer available of 0% p.a. for 15 months with no balance transfer fee. Reverts to cash advance rate. 

Flybuys Points offer

Receive 100,000 bonus Flybuys points when you spend $5,000 on eligible purchases within 90 days of approval (T&Cs apply, offer ends 30 April 2024). 

With this offer, receive an introductory purchase rate of 0% p.a. for 6 months. Reverts to variable retail purchase rate.

Velocity Points offer

Receive 70,000 bonus Velocity Points when you spend $5,000 on eligible purchases within 90 of approval (T&Cs apply, offer ends 30 April 2024). 

Balance transfer available of 0% p.a. for 6 months with no balance transfer fee. Reverts to cash advance rate.

snapshot
Who is it good for

The Citi Rewards credit card is good for people looking for a credit card that rewards them with points for everyday spending on eligible purchases.

question icon
Any catches

Adding another cardholder incurs an additional $90 fee per cardholder, per year. 

It’s also worth noting that if you take advantage of one offer, you may miss out on some other potential perks, so choose your Citi Rewards card offer wisely. 

Rewards program details

Rates and fees information correct as at 16 April 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 $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, or Emirates Skywards.

Points uncapped for eligible international purchases.

Instant discounts via Citi World Privileges

Value of rewards points

Spend $50,000 (Mastercard)

Spend $20,900 (Mastercard)

Spend $19,500 (Mastercard)

Spend $299,000 (Mastercard)

at $10,000 monthly

Never

How do we calculate these points?

Rate and fee details

Rates

21.49% p.a.

0% p.a. for 12 months

0% p.a. for 12 months and then 22.24% p.a.

yes

22.24% p.a.

55

Fees

$199.00

none

none

none

$30.00

3.5%, min $3.50

3.40%

$0.00

$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 16 April 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 $10,000 per month

Rewards scheme

Transfer points to a range of airline programs including flybuys 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.

Points uncapped for eligible international purchases.

Instant discounts via Citi World Privileges

Special offers

Earn 100,000 bonus flybuys points when $5,000 or more is spent on eligible transactions for the first 90 days.

Value of rewards points

Spend $50,000 (Mastercard)

Spend $20,900 (Mastercard)

Spend $19,500 (Mastercard)

Spend $299,000 (Mastercard)

at $10,000 monthly

Never

How do we calculate these points?

Rate and fee details

Rates

21.49% p.a.

0% p.a. for 6 months

No current offer

yes

22.24% p.a.

55

Fees

$199.00

none

none

none

$30.00

3.5%, min $3.50

3.40%

$0.00

$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 16 April 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 $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, or Emirates Skywards.

Points uncapped for eligible international purchases.

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

Special offers

Receive 80,000 bonus Velocity Points when you spend $5,000 within 90 days from card approval. Offer available until 30 April 2024.

Value of rewards points

Spend $50,000 (Mastercard)

Spend $20,900 (Mastercard)

Spend $19,500 (Mastercard)

Spend $299,000 (Mastercard)

at $10,000 monthly

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

$199.00

none

none

none

$30.00

3.5%, min $3.50

3.40%

$0.00

$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

Customer Reviews

How are Citi credit cards rated by the Mozo community?

Overall
Price
Features
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Based on 1316 Citi credit card reviews

Latest reviews of Citi Rewards 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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23.99% p.a.

No current offer

$450

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Platinum Edge Credit Card

23.99% p.a.

No current offer

$195 $0 in the first year

Membership Rewards

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Explorer Credit Card

23.99% p.a.

No current offer

$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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American Express

Qantas Discovery Card

23.99% p.a.

No current offer

$0

Qantas Frequent Flyer

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American Express

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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NAB

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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NAB

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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Citi

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 Money

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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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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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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