This was posted 1 year 7 months 17 days ago, and might be an out-dated deal.

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Citi Prestige Credit Card: 300,000 Citi Rewards Points ($7,500 Spend in 60 Days), $350 First Year Fee (Save $350)

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Citi Prestige Credit Card: 300,000 Citi Rewards Points ($7,500 Spend in 60 Days), $350 First Year Fee (Save $350)
Go to Deal
SoulButter on 03/10/2022 - 22:50 www1.citibank.com.au (10886 clicks)
Last edited 04/10/2022 - 09:56

Key Points:

  • $350 annual fee in the first year (save $350).
  • 300,000 Citi Rewards Points when you spend $7,500 on eligible purchases within 60 days from approval.
  • Points redeemable for $1,500 in gift cards, $1,150 profit after annual fee. (According to rwrds)
  • $20,000 minimum credit limit, $100,000 maximum.

Extra Perks:

  • 4th Night Free: Enjoy your 4th night free when you stay four consecutive nights at a huge range of hotels.
  • Luxury Escapes: Enjoy 10% off Limited Time Lux Exclusive hotel offers (up to $500) and international tours (up to $250) until 1 March 2023.
  • Priority Pass: Unlimited complimentary access to over 1,200 Priority Pass lounges around the world for you and one guest.

Edit: Spoke to Citi live chat, they state the hard requirement of income has been removed. I was told I would still be eligible for the points despite currently holding a Citi rewards card. Looks like they've removed the one promo a year cap for this card, YMMV of course.

Financial Credit Card MasterCard Reward Points

Related Stores

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closed Comments

      • milleniallol on 27/01/2023 - 14:02

        Hey, can you please elaborate on the 20k payall payment a bit more please?

  • bargainsaregood on 16/01/2023 - 15:35

    I just went onto Citi Online to cancel my card via live chat but the customer service officer - Rich is refusing the refund of any of the $350 pro-rated annual fee.

    Any tips? I have only had it for a month or so and met the criteria.

  • cathalm8 on 16/01/2023 - 16:42
    -1

    Just got approved, applied on Thursday. Got the email which says its a 2% fee on all citi payall transactions. Is this correct? I thought payall has no fee until October 31st? cheers

    • timhn on 16/01/2023 - 18:49
      +5

      For some unknown reasons, they couldn't update the standard email. But they did on web

    • hlg0606 on 19/01/2023 - 00:01

      Did you not receive a variation notice?
      I have got one. It says extended to 31/10/2023
      Not sure how to upload the photo here

      • cathalm8 on 19/01/2023 - 12:05

        Thanks yeah, got the card and variation notice confirms 0% payall fee until 31 Oct.

  • AshSet on 18/01/2023 - 17:03

    Are any benefits lost if I apply for the card now over if I applied last year?

    • cathalm8 on 19/01/2023 - 12:08
      +1

      No, all still there

      • timhn on 19/01/2023 - 19:40
        +1

        Deliveroo!!!

  • cathalm8 on 19/01/2023 - 12:08

    Hey guys I have a problem whereby my google play store is set to turkey and cant be changed back atm, must be because I changed my google payment profile in November to get netflix turkey and google cloud storage. Issue is the citi au app wont open now and cant be re-downloaded from google play. Therefore I cant setup citi pay all payment cause for some reason this can only be done in the app. Will just have to setup citi au app on another device i reckon..

  • chinawa111 on 23/01/2023 - 14:52

    Is Citi Payall feature down at the moment? Doesn't seem to load.

  • arcticmonkey on 23/01/2023 - 19:56

    How long did everyone's application take to get approved/declined?

    • ymcaec on 23/01/2023 - 20:57
      +1

      I applied last Monday night, and got approved 1pm the next day.

    • runamuck on 23/01/2023 - 21:56
      +1

      Applied last thursday and still no update.

      • arcticmonkey on 24/01/2023 - 21:01

        Same with me

        • 1bargain on 25/01/2023 - 23:13

          Have you tried calling them? Had to call twice to see where the application is at and both times they ask for more info. If I was waiting for update from them, it will take longer.

          • arcticmonkey on 26/01/2023 - 06:50

            @1bargain: Yes two calls so far

          • arcticmonkey on 26/01/2023 - 09:21

            @1bargain: How did they notify you of approval? SMS or email?

            • 1bargain on 28/01/2023 - 16:59

              @arcticmonkey: Hi, did they get back to you? They sms first and have been sending lots of emails about the account.
              Can’t wait to start earning the points. Hope Payall is easy to set up and maintain each month.

              • arcticmonkey on 28/01/2023 - 17:03

                @1bargain: Got a call to ask why I applied as I cancelled another Citi card two weeks ago. I said due to the features but nothing else yet.

                • 1bargain on 28/01/2023 - 17:04
                  +1

                  @arcticmonkey: Hope you can get it though

                  • arcticmonkey on 31/01/2023 - 07:20
                    +1

                    @1bargain: Got approved yesterday so around 10 days since application.

                    • 1bargain on 31/01/2023 - 10:33

                      @arcticmonkey: Strange that some get in one day. You 10 days and many calls. Maybe self employed?

                      • Nuggets on 31/01/2023 - 10:37

                        @1bargain: I already have a Citi Premier and a CommBank ultimate and got approved for this card in 3 days without any questions

                        • 1bargain on 31/01/2023 - 10:40

                          @Nuggets: Awesome! Maybe being with Citi Premier helped?

                          • Nuggets on 31/01/2023 - 11:18
                            +1

                            @1bargain: Perhaps although I have seen someone else received a phone call from Citi asking why they wanted another card from the same bank. Lol

                          • maverick1 on 31/01/2023 - 11:54
                            +1

                            @1bargain: Naah. I've premier and applied back in Oct got rejected. Applied again in Jan and got approved.

                            • [Deactivated] on 31/01/2023 - 12:29
                              +2

                              @maverick1: i also applied for this in oct and was auto rejected, applied now and was auto approved.

    • runamuck on 25/01/2023 - 15:46

      Got approved but email doesnt say anything about the bonus points though.

      • arcticmonkey on 30/01/2023 - 18:36

        Approved today and also no mention of bonus points

    • starburstyellow on 30/01/2023 - 13:57

      Applied last night, approved < 12 hours later.

  • mrhugo on 24/01/2023 - 15:58

    I've had the card for a bit under 1 month. I've got about 53K points on www.citirewards.com

    How the hell is that possible, we have spent about $17K , most if that being flights. There is now way each transaction yielded 3:1.

    Was there some promo or something.(excluding the 300K which should appear after my first statement)

    • BellaWii on 24/01/2023 - 20:55

      You earn 3 points on eligible transactions with major airlines and hotels, one of many benefits of the card.

      • mrhugo on 24/01/2023 - 21:16

        Yep, I read the rates before I posted, the maths don't add up.

        Even $17K x 3 doesn't = 53K, and 17K was on the high side.

        hmm, lets see it might adjust itself

  • Beachberry on 25/01/2023 - 15:58

    How many points do we get from beem it if we pay the ATO using this prestige card? I assume 1 point per dollar?

    • maverick1 on 26/01/2023 - 14:15
      +1

      Yep. Paid recently got 1pt/$.

      • Eugklng on 08/02/2023 - 19:03

        Isn't ATO considered govt payments and therefore no points as per their T&Cs?

        If ATO payment attracts points, that also means council rates, car rego…etc all attracts points as well?

        • maverick1 on 08/02/2023 - 20:16

          Not if paying via Beem it app.

  • arcticmonkey on 27/01/2023 - 17:01

    Applied over a week ago. Got a call today from the assessor asking for my reason for cancelling a Citi card two weeks ago and applying for this one

    I said for the benefits for this card but I felt it was a strange question

  • jasopan on 27/01/2023 - 18:19

    I’m in the midst of re-financing a mortgage so it’s best I don’t apply for any credit cards before then. As I might not make it in time by the end of the month, this deal will have expired.

    Does anyone know how often a deal like this comes around?

    Have been contemplating just yolo’ing and applying for it regardless.

    • Nuggets on 27/01/2023 - 19:55

      How much is the refinance going to save you?

    • timhn on 27/01/2023 - 20:07

      If you think you can get this card, make the required spending, get the bonus points and close it before reference then do it.

    • ozbargainerlife1 on 28/01/2023 - 16:56

      how did you go? I just refinanced but I think both my lenders will show up on my credit report so not worth the hit from citi

      • timhn on 28/01/2023 - 19:28

        If one refinanced which mean you swapped your mortgage to a different lender. So all the credit card lender will see bank A replaced for bank B wouldn't it?

        • ozbargainerlife1 on 28/01/2023 - 19:38

          It takes time to update. I've been caught with this before. My report was showing 2x loan amount but was updated a week after.

  • The Hobo on 29/01/2023 - 19:26

    With regards to the 4th night free, there appears to be a clause that states: " Between each booking, a minimum of a 7-day window is required"

    Does this mean we cannot book in different cities back to back? Ie. 4 nights melb and then 4 nights sydney straight after?

    Or does it just mean that if I make my Melb booking today, I have to wait 7 days before I can make my Syd booking? Reason I ask is that it goes to some pain explaining that you can't back to back in the same city - which would be a moot point anyway if you can't do bookings within 7 days of each other.

    • mrhugo on 30/01/2023 - 11:19
      +1
      • " Between each booking, a minimum of a 7-day window is required"*
        Does this mean we cannot book in different cities back to back? Ie. 4 nights melb and then 4 nights sydney straight after?

      Thats how I would interpret it. I would think this clause is in place to stop people booking hotel A for 3+1 nights and hotel B for 3+1 nights, hotel C for 3+1 over a two week period. Maxamising the use over a shortest period possible.

      I suspect if the clause was per hotel, i.e. you can't book the same hotel within a 7 days window that would be fine, but I guess people would just book hotel A for 3+1 and hotel B which is down the road for 3+1, etc

      • The Hobo on 30/01/2023 - 13:34

        Frustrating - have a 3 week trip planned next year and was going to use this!

  • vodkaman on 31/01/2023 - 00:06

    Applied at 930am yesterday and suprisingly got approved 30mins later after proving the usual pay slips and bank statements.

  • maverick1 on 31/01/2023 - 11:57

    Has anyone recently transferred Prestige points to Kris or Virgin or both? How long is it taking for the points to show up in your FF account?

    • n0mad on 02/02/2023 - 13:25

      transferred from my Premier card to Kris flyer a few weeks ago, took longer than i thought maybe almost 1 week. I requested on a Sat or Sun from memory.

      • The Hobo on 02/02/2023 - 14:17

        Yup, I did some to Velocity and some to Kris, Velocity was pretty quick, 1-2 days. Kris took a week.

        • wqepoi on 06/02/2023 - 17:46

          Are you able to confirm what the conversion rate to both Kris and Velocity were? Seeing different things from different sources

          • Nuggets on 07/02/2023 - 13:08

            @wqepoi: KrisFlyer 2.5:1
            Velocity 2:1
            Qatar Avios 3:1
            Flybuys 1:1
            Etihad Guest 3:1
            Cathay Asia Miles 2.5:1

      • wqepoi on 07/02/2023 - 10:56

        Hey, do you know what the conversion rate is to Kris Flyer?

  • [Deactivated] on 31/01/2023 - 15:10

    is it possible to change this card to earning qantas points after getting the 300k citi points? 20k qantas point per month on payall is more attractive than 20k citi points

    • Nuggets on 31/01/2023 - 15:24
      +1

      It's not 20k Qantas points it's 10k.

      • [Deactivated] on 31/01/2023 - 15:34

        their wording is pretty confusing, but reading it again i suspect you're right

        https://www1.citibank.com.au/offers-benefits/PayAll1

        https://i.imgur.com/V18PUBv.png

        • Nuggets on 31/01/2023 - 15:42
          +1

          I have a Citi Premier and it's definitely 0.5 points. You essentially earn krisflyer at the same rate as Qantas points as 1 Citi point is 0.5 krisflyer points.

          Krisflyer and Qantas points are valued equally by pointhacks but imo krisflyer are more scarce in Australia so they are a great choice here.

          • Nuggets on 31/01/2023 - 17:54

            @Nuggets: My mistake, Krisflyer transfers at 2.5:1. For me personally though it's still the better choice.

  • AL008 on 31/01/2023 - 16:16

    Anyone find their points system a bit misleading?

    Recently purchased from Officeworks as a "National retailer", only received 1 point per $1 spend.

    "on Eligible Transactions¥ made directly with major: supermarkets, petrol outlets and national retailers" 2 points per $1

  • timhn on 01/02/2023 - 18:00

    Interesting, the promo still active today.

  • [Deactivated] on 01/02/2023 - 18:13

    This offer is valid until 31 January 2023. Post this advertised date; we reserve the right to continue, withdraw or change the offer at any time without notice.

  • rarelyscene on 02/02/2023 - 12:45
    +1

    Citi chat advised offer is still valid so put an application in.

    • CodeXD on 02/02/2023 - 12:53
      +1

      Wish they would update T&C with the extended date, there's a level of uncertainty when relying on citi chat for something like this.

    • dextertheboygenius on 06/02/2023 - 14:01

      Yeah i called support and they said offer has been extended till 15th Feb, 2023.

  • wqepoi on 06/02/2023 - 17:45
    -1

    Does anyone know how much 300k citi reward points converts to for a/ Kris and b/ Velocity?

    My understanding is 100k Kris (3:1) and 120k Velocity (2.5:1) - but Pointshack article is saying different
    https://www.pointhacks.com.au/credit-cards/citibank-prestige…

    • ymcaec on 06/02/2023 - 17:53
      +1

      I'm seeing 2.5 Points = 1 KrisFlyer Miles and 2 Points = 1 Velocity Points with the Prestige card. Before logging in, it does say 3:1 and 2.5:1.

    • wangasm on 07/02/2023 - 22:09
      +2

      Kris (3:1) and Velocity (2.5:1) are for the lower tier Rewards card. Premier and Prestige have better rates at 2.5:1 and 2:1
      Refer to this spreadsheet for how much 300k points is worth

  • Wildesy on 08/02/2023 - 04:59
    +6

    Am I right in saying you can have a 20k limit, transfer out to BSB and put into a high-interest savings account for the month, transfer back in and pay off the card before interest-free period is complete and gain the points for the PayAll transfer, the interest on the HISA and instantly knock over the 7.5k in 90 day spend requirement….? Wtf

    • Nuggets on 08/02/2023 - 07:45

      You’re not wrong

    • chickenchipsgravy on 08/02/2023 - 09:18
      +3

      it's fantastic, park the cash in your offset each month, rinse and repeat — collect 240k points pa for premium econ east coast to singapore and free taxi ride to the airport. book a long weekend and get 4th night on the house, good times

      • timhn on 08/02/2023 - 20:48
        -2

        Note, you'll pay $700 AF on 2nd year.

    • uder on 09/02/2023 - 09:53

      Wow that's crazy. I just applied for 20k limit - now I'm thinking I should have gone max?

  • chintu123 on 08/02/2023 - 18:50

    Does anyone closing the account know how long after is the priority pass closed?

    • timhn on 08/02/2023 - 20:45
      +1

      Could be immediately to 24hr. I would imagine Citibank would flag your account is closed and any transaction after that would be denied - except for payment transactions.

  • Beachberry on 09/02/2023 - 20:55
    -5

    Does anyone know if you overpay your tax to the ATO, will they refund back into the same credit card? Hence won't be counted towards the $7,500 spend?

    • Nuggets on 09/02/2023 - 22:46

      Surely you’re not doing that deliberately?

      • Beachberry on 10/02/2023 - 09:00
        -3

        What do you mean. I can't be bothered buying a bunch of gift cards to use later. Maybe I can just overpay them and let it sit in the account until next financial year rofl. The laziness in me

        • wangasm on 10/02/2023 - 13:58
          +2

          Just do a PayAll to yourself, it counts towards the $7500 spend.

  • nickluca95 on 10/02/2023 - 17:40
    +1

    Applied today after chatting with the Citi call centre who confirmed that the offer has been extended to Feb 15th with the same criteria (someone else mentioned this before as well - thank you!)

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