This was posted 1 year 4 months 27 days ago, and might be an out-dated deal.

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Citibank Premier Credit Card - $600 Cashback ($2000 Spend on Apple Pay/Samsung Pay/Google Pay in 90 Days), $150 1st Year Fee

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Citibank Premier Credit Card - $600 Cashback ($2000 Spend on Apple Pay/Samsung Pay/Google Pay in 90 Days), $150 1st Year Fee
Go to Deal
Drakesy on 01/12/2022 - 14:14 www1.citibank.com.au (5185 clicks)
Last edited 02/12/2022 - 19:21 by 1 other user

Citibank back at it with the churn and burn offers.
$2000 is a comparitively small spend for $600 cashback ($450 net profit after annual fee)
Added bonus of Priority pass lounge access.
Once again no cooldown period is quoted in the T's & C's, classic Citibank

Balance transfer rate 0% p.a. for 6 months2 with no balance transfer fee. Reverts to cash advance rate. Please note, no interest free days apply to retail purchases while you have a balance transfer.
Annual fee $150 in the first year and each subsequent year if you spend $48,000 on eligible purchases or cash advances in the previous year. Otherwise $300.3
Additional cardholder fee $0. You may have up to four (4) additional cardholders, who must be 16 years or older.
Retail purchase rate 21.49% p.a. or pay off eligible purchases at a fixed interest rate over a set term with a Citi Instalment Plan.^
Cash advance rate 22.24% p.a.
Interest free period Up to 55 days interest-free on retail purchases (unless you have a balance transfer).<
Minimum credit limit $10,000
Maximum credit limit $100,000

Financial Apple Pay Cashback Credit Card Google Pay MasterCard Samsung Pay

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closed Comments

  • Aureus on 01/12/2022 - 14:31
    +6

    Good deal. The Apple/Google Pay requirement is pretty annoying though.

    • littlesoldier on 01/12/2022 - 14:42
      +3

      Not sure the Apple / Google Pay refers to just wireless tap payment
      If it also counts online purchase / purchase within app and pay by Apple / Google Pay
      then it will not be too hard to achieve

      Many online shops or payment within app now accept paying via Apple pay / Google pay.
      Eg. Chemist warehouse website can pay via google pay

      For app payment, probably the easiest way is to pay to your Revolut account
      I can confirm that paying (using Apple Pay) to Revolut using Citibank creditcard doesn't count as Cash advance (it does count as cash advance for Westpac credit card)

    • LemonShapedRock on 01/12/2022 - 15:06
      +1

      I wouldn't say so.

      Any tap and go payment at any value can be done through Apple Pay. I was surprised when it let me pay for a $2,500 payment without a PIN.

      • nightfever on 01/12/2022 - 16:35

        It is for the tap and pay, for apple anyway. I can’t speak for google as I dnt have an android phone.
        (i believe using the credit card/s stored in the apple wallet to tap and pay, is considered as using Apple Pay)

        I have this card under the exact same offer. I’ve used tap and pay for my shoppings at woolies, CWS, etc. I’ve received the cashback in my 2nd statement.

        • littlesoldier on 01/12/2022 - 16:39

          Does adding the credit card in apple wallet and pay within app also consider as using Apple Pay?
          https://support.apple.com/en-au/HT201239
          ("How to pay using Apple Pay online or within apps")

          • SithVicious on 02/12/2022 - 09:44
            +1

            @littlesoldier: Yes, the apple wallet and app pay is Apple Pay.

            Basically if you are using your phone or ipad and have to manually type in your card details, name, expiry etc then it is NOT apple pay.

  • A female dog on 01/12/2022 - 14:31

    Just signed up and got approved for the Prestige credit card. Wondering if this is better value strictly for churning purposes… Might be too late anyway since I've already been approved.

    • Make it so on 01/12/2022 - 19:32
      +2

      That one has a really high annual fee though…. looking at how many points you get, it isn't really worth more than the $600 offer.

  • dirtyhen on 01/12/2022 - 14:33
    +4

    $300.3 for annual fee? it's an odds number?

    • Jayblesz on 01/12/2022 - 15:04
      +1

      It's $300.^3, not $300.30.

      As in it's an Asterix to point 3 at the bottom of the page/conditions.

      • Niko123456 on 01/12/2022 - 20:52
        +4

        300 to the power of 3? Ouch. $27 mil.

        • Jayblesz on 01/12/2022 - 22:36
          +1

          It's halved if you spend $48k p.a. though, bargain

        • dimes on 02/12/2022 - 00:21

          A Current Affairs special incoming

  • dragonos81 on 01/12/2022 - 14:41
    +2

    TLDR: You only have to spend it via a digital wallet, you don't have to buy Apple, Samsung or Google products.

    To be eligible to receive $600 cashback, you must apply for the Citi Premier Card by 31 January 2023, then spend a minimum of $2,000 on eligible purchases using your new card through Apple Pay or another eligible digital wallet within 90 days from approval. Excludes Cash Advances, Balance Transfers, Special Promotions, interest, fees, refunds and Chargebacks. "Another eligible digital wallet" means Samsung Pay or Google Pay. Cashback will be credited to your Account within 16 weeks of meeting the spend criteria. Your Citi Premier Card must remain open and in good standing to receive the cashback. Cashback will reduce the outstanding balance of your Account but will not count towards your next monthly repayment obligation. Please note that if you have a balance transfer you will not be entitled to any interest free days on retail purchases. This means that all spend will be charged interest at the applicable annual percentage rate. 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.

  • [Deactivated] on 01/12/2022 - 14:48
    +1

    Can you use Google Pay online?

    Wouldn't be a bad way to buy a 2k laptop, and get $450 return!

    • littlesoldier on 01/12/2022 - 14:51

      same question as I have mentioned above
      if apple pay / google pay include online / app payment then its not too hard to achieve

      • mrtee on 01/12/2022 - 14:58

        Does it though?

        • littlesoldier on 01/12/2022 - 15:04

          Theoretically it does
          no matter you pay using "Tap Apple pay" or "Apple pay within app"
          Its the same paying via "Apple Pay" in Citi end
          But someone might be best to test it out

          The best way to find out is do a "apple pay" purchase in app
          then do a Live Chat with Citi and ask that transaction is eligible or not
          Citi rep can see the transaction merchant and payment facility from their end
          and confirm whether such transaction is eligible towards the offer

    • Geoff01 on 02/12/2022 - 08:52

      As long as you spend 48k otherwise it's $300 fee

  • qwerty-4321 on 01/12/2022 - 14:51
    -5

    Citibank back at it with the churn and burn offers.

    Don't forget to redeem a free credit report when you've "churned and burned" to see the hit your credit rating has taken :-)

    • mrtee on 01/12/2022 - 14:59

      Does it actually?

      • qwerty-4321 on 01/12/2022 - 15:04
        -2

        Applying for lots of credit checks in a short period will lower your credit rating (churning).

        Cancelling said credit cards once you've redeemed the joining perk will lower your credit rating again (burning).

        • Ehty on 01/12/2022 - 15:24
          +2

          Seems to go other way round for me , at least that's what commbank says today!

        • DustyAfternoon on 01/12/2022 - 15:26
          +5

          This isn’t the case in my experience.

          I’m on my 7th card in as many months, and my rating’s still respectable enough to get credit.

          I’ve heard in Aus the only things they care about is total available lines of credit, and whether you’ve missed any payments.

          • Charleston on 01/12/2022 - 15:34
            +1

            @DustyAfternoon: Yep… I've been doing it for years. Doesn't make a difference.

            And I check my free credit check too :)

          • qwerty-4321 on 01/12/2022 - 15:37

            @DustyAfternoon: Well my experience begs to differ.

            Im looking at my full Equifax credit report breakdown and it explicitly highlights a drop in my credit rating for applying for a new credit card within 12 months of a previous application. That is straight from the horse's mouth.

            Sure, you're credit rating might still be respectable, but that's not my point. (Your credit rating can be in the dumps and a bank might still give you a credit card) If you aren't careful your endless list of short term credit applications will raise an eyebrow when a lender is assessing your suitability for a mortgage

            • BargainGeezer on 01/12/2022 - 15:41
              +5

              @qwerty-4321: As long as all the cards are closed when you apply for a mortgage, they won’t care.

            • littlesoldier on 01/12/2022 - 15:54

              @qwerty-4321: Just recently applied for the Citi Prestige and my credit score hasn't changed
              The new credit card is listed in the report and also added a new credit enquiry entry
              but score has remained the same

              I believe for mortgage purpose, banks will look at your income / repayment ability rather than credit score (not saying that it doesn't matter,but they wont concern too much if its in acceptable range, let say > 600). So closing credit card accounts before applying mortgage should improve the repayment ability and increase the chance of successful application

            • NoApostrophePlurals on 02/12/2022 - 00:46
              +2

              @qwerty-4321: I've applied for so many credit cards over the years and hasn't affected my credit rating. I got two mortgages in the last 36 months and then refinanced one of them three months ago. None of the applications cared about my credit file and score. All they cared about was my serviceability, my income history and employment stability. The banks couldn't care less if you had 100 credit card applications, as long as they're all or mostly closed when you applycand you've never missed any repayments.

              My experience is just like the people replying to you, so just like you, "I beg to differ". I don't understand what you get from invalidating and ignoring other people's experiences, but you might misunderstand how a credit score works. There's more to a credit score than just your credit applications.

            • oziebee on 04/12/2022 - 12:05

              @qwerty-4321: same here, I was denied this card and was offered to check credit score from Equifax. I applied for 3 cards within 7 months though

            • NoApostrophePlurals on 02/12/2022 - 00:51
              +1

              @qwerty-4321: I would suggest you actually read that yourself!

              "cancelling a credit card could hurt your credit score, but that doesn’t necessarily mean it will."

              And it doesn't. You referenced a blog post by some hack finance journo wannabe who literally doesn't know how credit agencies work and she's just making rough assumptions.

        • Drakesy on 01/12/2022 - 15:54
          +2

          It actually isn't as bad as you make out.
          I've been taking out a new card every month and provided the previous card is cancelled my credit rating stays pretty consistent.

          Also credit isn't the be all and end all they make it out to be, not like America.

        • Weezle on 01/12/2022 - 20:57

          Incorrect. The enquiry will lower your score, but closing a credit card with which you've had good repayments on (no late or missed payments) increases your score.

    • Aureus on 01/12/2022 - 15:24
      +3

      Meh. It isn't a major hit and you get free money.

      I have never been rejected for a loan or a credit card, so my credit score is pretty meaningless anyway.

  • musicnut on 01/12/2022 - 14:57
    +5

    After you got the cashback, you can close the card and get refund for the annual fee on pro-rata basis.

    • Vulgar on 01/12/2022 - 15:16

      Is that how it works? I've recently churned another Citi card that had a $49 annual fee. Do you have to specifically request for a pro-rata refund to get it?

      • musicnut on 01/12/2022 - 15:48

        I don't think you need request for that. Just mention this to the customer agent when you close your account.

  • alan737 on 01/12/2022 - 15:06

    I applied for this credit card just three weeks ago and haven't yet used it. At the time of my application, Apple Pay was only accepted way to get that $600 cashback, anyone knowns if Google Pay is an acceptable way for my situation?

    • BoomTetrisForJeff on 01/12/2022 - 15:16

      might have to message them

    • Buff on 01/12/2022 - 18:23

      This is an ongoing deal, I got this card 6 months ago and used Google pay, and I got my cash back at promised. Loved it.

      • iykyk on 22/12/2022 - 08:29

        @Buff how long did it take to get cash back after reaching threshold? Also, can I pay off the CC early and still get it?

        • Buff on 17/01/2023 - 11:16

          90 days.

  • dm02 on 01/12/2022 - 15:06

    What CRB do they conduct the credit check through?

  • armyofme on 01/12/2022 - 15:06

    Got rejected for the prestige the other day. How long should i wait before applying for this one?

    • BargainGeezer on 01/12/2022 - 15:42

      3 months is the industry standard.

    • XedeX on 01/12/2022 - 18:44

      I got rejected. Sent them an email to reasses my application. Got approved straight away.

      • PeppaCat on 01/12/2022 - 20:12
        +1

        which email address ?

        • XedeX on 01/12/2022 - 20:39

          [email protected]

          • PeppaCat on 01/12/2022 - 21:40

            @XedeX: Thanks. Sent an email too. How long does it take them to response?

            • XedeX on 02/12/2022 - 01:21

              @PeppaCat: They are slow. You m8ght wanna give them a follow up call with your application number.

  • dealsgrabber on 01/12/2022 - 15:13
    +3

    I currently have this card and have received the cashback. Can I can and then reapply again considering there is no exclusion period? Not sure what are the chances of approval given I will be cancelling and reapplying in a matter of days.

    • annielolz on 01/12/2022 - 17:36

      I asked the representative and they said you can still apply but if it's similar to the offer of your previous card, you won't be able to participate in the offer. Didn't say what the timeline was though but i did ask if the application would be affected if I had this card previously and cancelled within the last 12 months.

  • [Deactivated] on 01/12/2022 - 15:20

    I don't spend much money in store, literally everything I buy is online so unless I can use this online it's not worth it

    • dealsgrabber on 01/12/2022 - 15:54
      +1

      Buy 4 * $500 Only One Visa GCs from Woolworths and then use them to pay rego, utility bills, insurance, council rates etc at Post Office. You can also use them online to pay the bills, insurance, any other online purchase which is within $500. Note there is about $8 card activation fee for each $500 of GC you buy or may be wait for some good GC deals at Coles/WW if you don't want to pay the extra $8 per $500 GC

      • [Deactivated] on 01/12/2022 - 16:50

        Yeah, I don't buy those cards simply because they have $8 fees
        Screw them! Then they change fees to the retailers or shops.

  • radien on 01/12/2022 - 15:27
    +1

    I've been meaning to buy my wife an iMac so this might work well.

  • mick123 on 01/12/2022 - 15:34

    Hey mate, what's cooldown period? Like a cooling off period?

    • Ozymandias on 01/12/2022 - 15:47
      +3

      Cooldown period as in the amount of time you have to wait between closing a card from Citibank and opening a new one, most banks will stipulate a 12 month gap.

  • cerealsmok3r on 01/12/2022 - 15:49

    is there a salary requirement for this card? also does it include citibank payall service? would love to use that

    • timhn on 01/12/2022 - 20:14

      Since the minimum credit is $10K so i guess around $50-60K annual salary.

      For Payall, have you click the deal and check the benefits with this card?

  • factor on 01/12/2022 - 16:04

    Ah good - priority pass is back.

    I'm still fee-free for life on this card — from the days of Citibank Signature fee-free deals being promoted here.

    • Make it so on 01/12/2022 - 19:32

      Same. Have had mine since 2013.

  • alan737 on 01/12/2022 - 16:08

    Citibank website doesn't mention Google Pay is accepted, just Apple Pay. Anybody paid with Google Pay and got the cashback?

    • radien on 01/12/2022 - 16:10

      We just rang them and they confirmed Google pay is fine.

    • Buff on 01/12/2022 - 18:24

      Yes I have it works on this deal.

    • Drakesy on 03/12/2022 - 16:57

      Its in the t's and c's ;)

  • mkowarkski on 01/12/2022 - 16:14

    I recently got a NAB Rewards Platinum credit card, giving me 60,000 points when spending 1,000 in the first 60 days. This is equivalent to ~$300.

    Once I get the points, will jump onto another one. LOL

    https://www.nab.com.au/personal/credit-cards/nab-rewards-car…

    • dy4me on 01/12/2022 - 19:27
      -2

      Your credit score must look lovely with all that churning.

      • mkowarkski on 01/12/2022 - 21:00
        +1

        Not bad 800< 😁

  • Ystki200 on 01/12/2022 - 16:39

    So to be clear about this point: "if you spend $48,000 on eligible purchases or cash advances in the previous year"

    it will be $150 first year fee, and if i meet the $2000 spend in 90 days, and cancel by say 11 months, i'm not going to need to meet this huge $48k spend target?

    • bboT on 02/12/2022 - 01:50

      Cancel before 2 months, pro rata $150.

      Cancel after 12 months, $150 + pro rata $300.

      Forget the $48k.

  • Iwantthatbargain on 01/12/2022 - 16:49
    +2

    I applied so many credit cards through Ozbargain deal, I was rejected on my recent application. The message from Citibank was "high number of credit applications" in the recent year

    • [Deactivated] on 01/12/2022 - 16:51
      +1

      How many had you applied for?

      Your credit score may be affected.

      • Iwantthatbargain on 01/12/2022 - 16:52

        7-8 since January, but that includes StepPay, Latitude and Zip etc, which are not plastic cards

        • nightfever on 01/12/2022 - 17:09

          :O thats a lot of applications…

          • [Deactivated] on 01/12/2022 - 18:03

            @nightfever: Still a credit hit, nearly one a month.

            It will take a while to get your credit up, I would do a credit check if I was you.

            I don't flip much, even if I was it'd be 2-3 max a year.

            7-8 a year, you're screwed.

            • blingdaddyking on 01/12/2022 - 18:46
              +3

              @[Deactivated]: Not true. I do 7-8 a year and have 808 and 785 score

              • [Deactivated] on 01/12/2022 - 19:20
                -1

                @blingdaddyking: You do, until you don't mate.

                Once it hits, and it's reviewed…you'll be in the tank.

                Imagine someone wanting to loan you money, checks and you have turned 20 Credit Cards in 24-36 months. Good luck with that! LOL

                You could be a high earner? You could own no properties, or own many! There is so many factors, but either way it never looks good.

                My bank, they cry over a single credit card limit. If they saw I turned over 5 CC a year, I'd never get a loan and my credit score must be perfect.

                • DustyAfternoon on 01/12/2022 - 20:41

                  @[Deactivated]:

                  they cry over a single credit card limit

                  Yeah, that’s debt you could go out and incur tomorrow. If you have a line of credit you can max out, for their calculations you may as well have.

                  Provided you’ve repaid debts on time, they DGAF how many cards you’ve churned.

                  • [Deactivated] on 01/12/2022 - 20:55

                    @DustyAfternoon: Isn't a credit hit only once you've been sent notice for late payment?

                    I've never understood how people get it so bad.

                    • DustyAfternoon on 02/12/2022 - 07:29

                      @[Deactivated]: Yeah, my understanding is, so long as everything’s paid on time, you’ll stay creditworthy.

                      The model for credit card companies is to tempt you into more debt you can repay, so they can rack up the fees and high interest. It’s inevitable some people will fall over the edge entirely and miss payments.

              • Iwantthatbargain on 01/12/2022 - 22:14

                @blingdaddyking: My score is close to 800 but Citi still rejected it.

              • oziebee on 05/12/2022 - 12:41

                @blingdaddyking: Did you check Equifax credit score. It is way less than the Experian score for me.

                Looks like exqifax has messed up with the scores in the US

                https://www.wsj.com/articles/equifax-sent-lenders-inaccurate…

  • [Deactivated] on 01/12/2022 - 16:56

    It would be good if you need to buy something in-store, even JB hi-fi.

    You can just pay 2k, and you'll get $600 back.

    It's a pretty solid deal, well the $450.

    Just have to hope for a sale and in-store availability etc

    • nightfever on 01/12/2022 - 17:11

      Use it to buy discounted gift cards at woolies or coles!! Then double dip! :D

      • [Deactivated] on 01/12/2022 - 18:03

        If they're available

  • NoelBargain on 01/12/2022 - 17:15

    a silly question,
    is google wallet and google pay the same?

  • NoelBargain on 01/12/2022 - 17:34

    If shop online and let google to fill in the cerdit card details for me by entering the "CVC".
    Will this consider as an eligible purchase via google pay/wallet?

    or I have to use the app (google wallet) on my phone? that's mean I have to shop in store.

  • AlanI on 01/12/2022 - 17:52
    +1

    Since when did Citi Australia support Google Pay? For years they've absurdly only supported Apple Pay and Samsung Pay.

    Their Mobile Wallet webpage still doesn't list Google Pay - though clearly they've now got more updated webpages on the topic.

    Is this support a consequence of the NAB accruing them?

    • factor on 01/12/2022 - 18:14
      +1

      Yep - we found Google Pay worked soon after the NAB acquisition. Their website is not keeping up.

      Priority pass coming back again was news to me too.

  • wordsmith on 01/12/2022 - 18:41

    Any inputs around their minimum annual income requirement for this card?

    • nightfever on 01/12/2022 - 21:06
      +1

      I think it’s 75k annual income.

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