This was posted 8 months 30 days ago, and might be an out-dated deal.

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Citi Premier Credit Card: 110,000 Bonus Velocity Frequent Flyer Points - $8,000 Spend in 3 Months, $300 Annual Fee @ Citi Bank

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Citi Premier Credit Card: 110,000 Bonus Velocity Frequent Flyer Points - $8,000 Spend in 3 Months, $300 Annual Fee @ Citi Bank
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Crowing on 02/12/2024 - 10:00 www1.citibank.com.au (1908 clicks)
Last edited 02/12/2024 - 10:02

Repeat of this popular deal from Points hack but this time direct from Citi Bank: https://www.ozbargain.com.au/node/836040

$8k spend over 3 months is high but you can still take advantage of Payall before it closes down from 20 January.

If you don't elect for auto-sweep you'll receive 220k Citi points instead and these can be manually converted to Flybuys (1:1) or Velocity (2:1) from Citi Rewards store.

Citi credit team are really quick at processing applications. I applied for the Points hack offer last month and was approved and received card within 5 business days of applying.

This is part of Black Friday / Cyber Monday deals for 2024
Financial Credit Card Cyber Monday Frequent Flyer MasterCard Reward Points Velocity Frequent Flyer

Related Stores

Citibank Australia
Citibank Australia
Velocity Frequent Flyer
Velocity Frequent Flyer
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closed Comments

  • freedomofspeech on 02/12/2024 - 10:06

    is using payall still free of charge

    • Padawan on 02/12/2024 - 10:09

      No, they charge 0.95% from memory - so meeting all the minimum spend would cost you ~$80 in fees - probably still worth it

  • me1stt on 02/12/2024 - 10:07
    +5

    Eligible purchases exclude Citi PayAll payments

    • Crowing on 02/12/2024 - 10:09
      +1

      ah good pick up..! NAB have really killed off the Citi cards :(

  • Jetkuma on 02/12/2024 - 10:10
    +3

    Please edit about Payall. It does not count towards your eligible purchase. It might confuses someone and they will be stuck with trying to spend 8k in 3 months. That's a lot of spending.

  • gadgetguy on 02/12/2024 - 10:20

    Any restrictions on previous cardholders?

    • xdivino on 02/12/2024 - 10:33

      yeah i think there was something noting other citi-backed cards but can't find or see it on phone atm - i have virgin money card currently and looking to close that out and get this but have concern that it's not going to work

      • Crowing on 02/12/2024 - 10:38

        There’s no restrictions that I know of. I held the Citi prestige card and successfully got the bonus points for the premier card with the points hack offer. Successfully applied for and received two sets of bonus points for the virgin money card within 6 months of each other too earlier this year

        • nicolascage on 02/12/2024 - 10:43

          so just to clarify you've held two citi bank credit cards within a short period of time and received the bonus points for them?

          • gadgetguy on 02/12/2024 - 10:52
            +1

            @nicolascage: I held Prestige and then got a Premier and got the points (confirmed in chat beforehand).

            I'm more concerned about the timeout period for previously having held the Premier (if any) or any restriction like not available if you previously earned points on the same card.

            I closed the Premier in about Sept 2023 but still have the Prestige (for now).

            • Derain on 03/12/2024 - 13:24

              @gadgetguy: FYI I reached out to live chat. They advised that if you had ANY introductory bonus points offers in the past by Citi bank (regardless of card type), you would not be eligible for the bonus points. Not sure how true it is but I would not be risking it given the high spend

              • vawiyoci on 03/12/2024 - 14:30

                @Derain: Their chat team might say that but don't understand why they still can't be bothered simply adding an exclusion period in writing within their t&c like everyone else if that's really the case. Maybe they'll finally get around to it now after axing PayAll eligibility for the minimum spend.

                Also Citi seems to be particularly trigger happy with rejections if you've had recent churns.

                EDIT: Actually you might be correct with regards to Velocity at least. Seems like they used to have a 'forever' exclusion criteria on their website but it's gone now.

                • Derain on 03/12/2024 - 15:26

                  @vawiyoci: Yea I specifically asked if this was for any card which they confirmed yes. I had the Citi prestige which wasn’t a velocity card but you could redeem to velocity.

                  You could potentially try a few different live chat sessions to see if you get a different response but it’s a pass for me I think.

                  • vawiyoci on 03/12/2024 - 16:02

                    @Derain: Yeah might just have to stick with their qantas ones (apply maybe every 3 months lol?). Unfortunately these days the breadth of choices are also getting slimmer with the extended exclusion periods for NAB and now westpac & co.

                    • chintu123 on 22/12/2024 - 11:42

                      @vawiyoci: So your saying no waiting period in Qantas but waiting period in this card i.e. premier card?

      • archkesha on 02/02/2025 - 11:47

        After chatting with a Citi rep, my understanding is that you can't get a sign-up bonus for the same product if you have received a bonus previously. So, if you had Citi Premier with a bonus, you won't get another bonus if you sign up for Citi Premier again, but you will get a bonus if you sign up for Citi Prestige or other Citi products

  • thrillho on 02/12/2024 - 11:06
    +2

    Can also transfer to Krisflyer for approx 90,000 KF points (after minimum spend etc)

    • caustic birch on 03/12/2024 - 10:17

      Yeah I did this recently, ripper deal

  • SignorT on 02/12/2024 - 12:38

    What are the points worth in dollars?

    Best offer out there at the moment if you can hit the spend?

    Much appreciated.

    • assarabbiya on 02/12/2024 - 14:42

      Recently converted 220k Citi points to ~$1000 Colesworth eGift card
      Ppl say airline points used for business upgrades are often best value.

      • vawiyoci on 03/12/2024 - 14:25

        Yeah for flights you'd be aiming for 3-4¢ of value per velocity/qantas point redeeming international business/first class. But then again is it really a 'saving' if you weren't planning on booking business/first class seats to begin with? Not to mention those are the hardest to find sometimes. So you might get more value out of gift cards and buying groceries or an iphone or gift for a loved one instead.

      • Grandslam on 07/12/2024 - 16:38

        Yes, I'd say airline redemptions are the best bet. At that conversion rate, with gift cards you would be getting $500 in value, but paying a $300 annual fee.

  • fractalsonfire on 02/12/2024 - 15:27

    Bruh they killed this card, used to be 150k points and 7k spend in 3 months.

    Luckily we got in before this change.

  • poormansfriedchicken on 16/12/2024 - 23:05

    is there a waiting period on this card?

    • gadgetguy on 17/12/2024 - 14:32

      Check the thread up above.

  • Moo Deng on 21/01/2025 - 00:39

    If you currently hold Citi Rewards card would you still be eligible for this?

  • limetree1 on 22/01/2025 - 15:52

    I won’t be able to meet the spending criteria as I just opened Amex explorer card. In this case, can I buy some gift card and will that count toward the spending amount ?

  • ddhar on 04/02/2025 - 09:18

    I just closed my Premier card last month (quite literally the same card, just different spend req. and bonus amount). Too soon to apply this month?

    • somethingguy on 07/02/2025 - 23:10

      How long did it take to close the account?

      It's been a couple of weeks and mine is still showing as 'open' under credit reporting agencies.

      I called and was told there's no issue but it could take several weeks…

  • niiko on 09/02/2025 - 23:23
    +1

    Seems like another credit card provider is unhappy with churners (I apply 2-4 cards per year in the last 2 years, before I was applying 1-2 cards per year and everything was fine)

    "Unfortunately, we've been unable to approve your application.
    After assessing your credit application, we've determined that your current circumstances do not satisfy our credit lending criteria for this product."

    • happyadventurer on 19/02/2025 - 22:20
      +1

      I've churned Virgin Money and Citibank a few times in the past and been rejected by both recently as well. I think this is there way of getting around the no waiting period problem.

  • TasJacks on 24/02/2025 - 10:41

    Do you receive a digital card once approved? Can we do BPAY payments (strata, rates, water, energy bills) on Citi app straight away and do they count in $8000 min spend?

  • blob2025 on 19/04/2025 - 13:25

    Do ATO payments count in eligible spend for the bonus points?

  • ozbargainerlife1 on 02/06/2025 - 10:44

    I cant find the exclusion period or clauses. am I right to say if you closed a year ago you should be ok to apply?

    • vawiyoci on 02/06/2025 - 12:17

      Yeah people have commented in the past that they were successful re-applying within as early as 3-4 months after closure but YMMV.

  • cathalm8 on 05/06/2025 - 14:00

    Earn 110,000 bonus Velocity Points when you spend $8,000 on eligible purchases within 3 months from approval and enrol in Points Autosweep.1

    Title and dscription needs to be updated as it now states you HAVE to opt into velocity autosweep to get the points. Therefore you cannot transfer to krisflyer..

    • cathalm8 on 05/06/2025 - 14:02

      110,000 Velocity Points via Points Autosweep
      To be eligible to receive 110,000 bonus Velocity Points (automatically redeemed from 220,000 Citi reward Points), you must apply for a new Citi Premier Credit Card before the offer is withdrawn spend a minimum of $8,000 on eligible purchases using your new card within 3 months from approval and provide your Velocity membership number to us to enrol in Points Autosweep. Eligible purchases exclude Cash Advances, Balance Transfers, Special Promotions, interest and fees. Any refunds and Chargebacks on purchases will also be excluded and will not form part of the spend criteria. You will receive an email from us up to 3 months after you have met the spend criteria with information on how to provide your Velocity membership number to us to enrol in Points Autosweep. 220,000 Citi reward Points (equivalent to 110,000 Velocity Points) will be credited to your Citi Rewards Balance within 2 months of meeting the spend criteria and automatically transferred to Velocity on the date nominated by you, provided you have enrolled in Points Autosweep. Once transferred, it may take up to 1 month for the Velocity Points to appear in your Velocity account. Your Citi Premier Credit Card must remain open and in good standing (for example – your account is not in default, suspended or closed), for the Citi reward Points to be awarded and transferred. Membership of Velocity Frequent Flyer and ensuring your Velocity account is valid as at the date of transfer is your responsibility. The redemption of Citi reward Points will be administered solely by us and are subject to the Terms and Conditions of the Citi Rewards Program. Velocity membership and Velocity Points earn and redemption are subject to the Velocity membership Terms and Conditions, as amended from time to time, available at https://www.velocityfrequentflyer.com/member-support/terms-c…. This offer commenced 28 November 2024. We may vary or end this offer at any time. This offer is not available when closing or transferring from another Citi branded credit card account or in conjunction with any other Citi branded credit card offer.

      Points Autosweep
      To redeem Citi reward Points for Velocity Points you must be a Velocity member and advise us of your Velocity number prior to redemption. Velocity membership and Points earn and redemption is subject to the Velocity Terms and Conditions, as amended from time to time, available at velocityfrequentflyer.com. You can choose to manually redeem a minimum of 2,000 Citi reward Points at a time, or opt in for Points Autosweep. If you opt in for Points Autosweep, your Citi Rewards Balance will be automatically transferred to Velocity on the date nominated by you each month, provided your Rewards Balance is at least 2,000 Points. The rate at which Citi reward Points are redeemed for Velocity Points will be displayed at the time of redemption or you opting in for Points Autosweep. Visit Citi Online to manually redeem Citi reward Points for Velocity Points or set up Points Autosweep. You may opt out of Points Autosweep at any time and still be able to manually redeem your Citi reward Points for Velocity Points. The redemption of Citi reward Points will be administered solely by us and are subject to the Terms and Conditions of the Citi Rewards Program. Velocity Points may take up to 28 days to appear in your Velocity account. Once Citi reward Points have been redeemed for Velocity Points, they are governed by the Velocity Terms and Conditions and cannot be changed, cancelled or reversed.

  • pooks on 12/06/2025 - 18:53

    If I currently 10K AMEX CC and 15K westpac CC, am I like to get rejected if I apply for this Credit Card

  • pooks on 13/06/2025 - 12:01

    Also will buying Gift Cards count to eligible spend?

  • strikerzebra on 20/06/2025 - 23:41

    Just applied and uploaded payslips, lets see how long the assessment takes

    • ozbargainerlife1 on 24/06/2025 - 23:24

      approved?

      • strikerzebra on 25/06/2025 - 00:08

        Yes got approved but need to complete The ID process at Australian post for some reason.

  • pooks on 19/07/2025 - 21:41
    +1

    Citibank appears to be the easiest and most relaxed application process I've gone through so far. Only needed to upload identification and income statement.

  • zfind on 21/07/2025 - 21:10

    Hi friends. Looking for my next card to churn to and this one is the front-runner, but the amount of time for the various steps from meeting spend to getting points seems ridiculous:

    1. up to 3 months after meeting spend you get an e-mail asking for your Velocity number.
    2. 220,000 points credited to Citi Rewards balance within 2 months of meeting spend.
    3. up to 1 month for Velocity points to show from conversion date.

    So worst case 3 months, which is way too long. I know it's unlikely, but can any card owners comment on their timings?

  • salami on 11/08/2025 - 19:11

    Has anyone gotten the points from this offer already? Seems like quite a good offer without a requirement to hold the card for 12 months

    • KH234 on 16/08/2025 - 15:58

      Is there waiting period for this card ?

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