Bonus 70,000 Qantas Points with Citi Ready Credit ($199 Establishment Fee, Minimum Loan $5,000 90 Days, 8.9% p.a.) @ Citibank

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Bonus 70,000 Qantas Points with Citi Ready Credit ($199 Establishment Fee, Minimum Loan $5,000 90 Days, 8.9% p.a.) @ Citibank
Go to Deal
GY666 on 13/03/2024 - 19:56 www1.citibank.com.au (514 clicks)
Last edited 03/05/2024 - 15:37 by 1 other user

Same as previous deal https://www.ozbargain.com.au/node/811252

70,000 Qantas Frequent Flyer Points
Offer eligibility: To be eligible to earn 70,000 Qantas Points, you must: apply for this offer by 30 April 30 October 2024, request a balance transfer of $5,000 or more within 3 months of approval, and provide your Qantas Frequent Flyer membership number linked to an account in your name to Citi within 2 months of our request for it. Your account must be open, in good standing (for example, your account is not in default or suspended) and must maintain a debit balance until the Qantas Points are credited. If you do not provide your Qantas Frequent Flyer number within 2 months from when Citi first request it, the Qantas Points will be forfeited.

Offer exclusions: This offer is available only once per customer. This offer is not applicable or valid in conjunction with any other advertised or promotional offer. If you have previously received, or are entitled to earn, 70,000 Qantas Points with this offer, you will not be eligible to earn another 70,000 Qantas Points with this offer.

P.S
This probably worth to read
https://www.pointshq.com.au/earn-70000-qantas-points-with-ci…

Financial Frequent Flyer Loan Personal Loan Qantas Frequent Flyer Reward Points

Related Stores

Citibank Australia
Citibank Australia
Qantas
Qantas

Comments

  • Mike Nolan on 13/03/2024 - 20:01

    Velocity Points equivalent available here

  • spiderbite88 on 13/03/2024 - 20:10

    What’s the minimum I can spend on interest? For example, can I pay back $4900 immediately and just pay interest on the $100 over 90 days?

    • GY666 on 13/03/2024 - 20:11

      that's suppose to be how it works if we check the privous post and the article.
      I just applied mine, gonna pay back 4990 when it approved.

      • spiderbite88 on 13/03/2024 - 20:19
        +1

        I’ve done their personal loan in the past and was warned that $10 might be too low to for the minimum repayments.

      • Derain on 13/03/2024 - 20:21

        There is like a minimum repayment of about $30 so you are best to leave at least 100 to be safe

        • spiderbite88 on 13/03/2024 - 20:36

          So possibly $90 in interest? Plus $200 establishment fee

      • elepal on 15/03/2024 - 08:59

        So we can pay back the bulk of it even before the points are credited ?

  • Tiggrrrrr on 13/03/2024 - 20:12

    I was getting the terms as "an introductory rate of 6.9% pa will be applied on the initial amount transferred to your bank account for 5 years."
    Now I can't find it

  • ujwols on 13/03/2024 - 20:46

    Is there a minimum income requirement for this? what document do they ask for income verification?

  • belmakov on 13/03/2024 - 21:33
    +3

    I don’t understand under what circumstances this offer is better than few Qantas points earnings credit cards out there unless of course you are not eligible for those cards or really in need of cash/loan. For example westpac Altitude Qantas is offering 80k points if you willing to spend 4K in 120 days , for $99(reducedto $49 for existing customers) plus $75 Qantas fee. If someone can throw more light please

    • GY666 on 13/03/2024 - 21:40
      +1

      guess it's more for credit card churner who runing out of credit card to apply ;P

      • belmakov on 13/03/2024 - 21:41
        -1

        Well there is a credit check for both so hardly matters. Also a correction for above , it’s actually 60+20k points. Even with 60k points it looks better

        • cynix on 13/03/2024 - 22:41
          +4

          It matters because I'm on the 12-month waiting period (or 18 for NAB) for all major Qantas-earning credit cards, so it's good to have an another choice available.

        • DevlicK on 13/03/2024 - 23:38

          I think you misunderstood. It matters because there's a period of time before people can churn the same credit card again. Usually 12 months, sometimes 18 months

          • belmakov on 14/03/2024 - 06:39
            -1

            @DevlicK: @cynix @DevlicK I already mentioned that in my comments (unless you not eligible for card). So that concurs with my understanding that it’s an option for when you are caught in between cc churning cycles

            • cynix on 14/03/2024 - 23:21

              @belmakov: We're eligible for the cards, just not the bonus points :D

            • DevlicK on 15/03/2024 - 00:45
              -1

              @belmakov: Well if you want to be semantic about it, I say you misunderstood because you replied to @GY666 saying it hardly matters and your reason for saying so is because there is a credit check, which is not entirely correct.

        • Brakus on 14/03/2024 - 10:50

          Do you know if you get the full 80k if you are an existing westpac customer? NAB has the same setup where they break the points down but you get all full points if you apply via the NAB internet banking portal.

    • mrdng on 15/03/2024 - 13:03
      +1

      I've churned through Westpac, NAB, ANZ, Bank of Melbourne in the last 12 months, hence looking at this… :)

  • xiaozaocha on 13/03/2024 - 23:15

    i received velocity from this product before. Am I eligible for the qantas offer again?

  • adrianhughes1998 on 17/03/2024 - 13:43

    What's the minimum credit limit for this product?

    Also does anyone know what hit they get to their credit score because of this?

    • timhn on 24/03/2024 - 22:11

      Right there in the title

      Minimum Loan $5,000

      This is not a credit card. More like a personal loan account.

      This will be an enquiry on your credit history - just like open a loan or credit card.

  • redfox1200 on 22/03/2024 - 14:54

    has anyone managed to get the $199 establishment fee reduced to 99

  • TomGum on 28/03/2024 - 22:27

    Why is this deal not advertised through their websites? Can only reach the deal with the link from here.

  • BTSARMY on 06/04/2024 - 17:20

    I have received bonus Qantas Point from the Qantas AMEX Card 2 months ago and the card is still active.
    Question, am i eligible for another bonus Qantas Point when applying for this card?
    Thanks

    • timhn on 06/04/2024 - 18:24

      This is a Citi Ready Credit. Your Amex card has nothing to do with Citibank.

      The exclusion is only if you had received the same offer before - ie from Citi Ready Credit.

      • BTSARMY on 08/04/2024 - 11:37

        Thank you for your reply.
        I sign up anything from Citi.

  • justinnysoz on 07/05/2024 - 11:09

    Received my 70,000 bonus sign up Qantas points and I just called up earlier today to close the account. Before closing the account the call center "relationship officer" asked me to acknowledge that benefits may be reversed when closing the account and asked me to confirm. Without thinking too much I said yes. Has anyone experienced any points claw back when closing the account shortly after receiving points?

    • GY666 on 07/05/2024 - 11:58
      +1

      i received my points on the 29 of April, and closed it off straight away.
      still have those points in my Qantas account.
      should be fine

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