- Enjoy $600 cashback when you apply for a Citi Premier Card and spend $2,000 on eligible purchases using Apple Pay within 90 days from approval.
- Earn 2 Points per $1 spent on eligible transactions made overseas and/or online; 1 Point for all other eligible domestic purchases.
- 0% p.a. interest on balance transfers for 6 months with no balance transfers fee; Reverts to cash advance rate.
- Receive monthly cashback on purchases from your favourite stores with My Cashback offers
- Up to 44 days interest free on purchases if you pay off the balance in full by the due date
- Up to four (4) additional cardholders at no extra cost.
- Two (2) complimentary lounge passes each year.
- Complimentary Mobile Phone Insurance, International Travel Insurance, Purchase Cover, and Extended Warranty Insurance. T&Cs. apply.
- Compatible with Apple Pay, Google Pay and Samsung Pay.
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Citi Credit Cards
Citi Premier Card – Cashback Offer
Updated 25 November 2024
Get your hands on the new Citi Premier Card and enjoy its exciting cashback offer - $600 cashback when you spend $2,000 on eligible purchases using Apple eligible transactions within 90 days from approval. Earn up to 2 Citi reward points per $1 spent on eligible transactions. Other benefits include a range of complimentary insurance covers, lounge passes, and exclusive Citi perks. T&Cs apply.
Points Earn Rate (per $1 spent)
1 point
Capped at $200,000 per 12 month period on online, international, and domestic spend
Rewards Program
Citi Rewards Program
Bonus Points
N/A
Pros and cons
- Interest free days won’t apply for retail purchases if you have a balance transfer
- High cash advance and purchase rates, currently 22.24% p.a. and 21.49%, respectively
Creditcard.com.au review
Editor Review
Citi Premier Card – Cashback Offer
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
Citi Premier Card - Cashback Offer Review
The Citi Premier Credit Card comes with an exciting cashback offer - $600 cashback when you spend $2,000 on eligible purchases using Apple Pay within 90 days from approval. To take advantage of this offer, you must apply and be approved for a new card.
Additionally, you can earn rewards points on eligible transactions when you use your Citi Premier Card for making online, overseas, and everyday purchases. Plus, it comes with a range of complimentary insurance covers, travel benefits, and awesome Citi perks.
Let’s dig into what Citi Premier Card has to offer to find out if it is worth your while.
What we love…
While each cashback offer is unique, what makes the Citi Premier Card stand out is its extravagant features, benefits, and perks.
In terms of travel and leisure benefits, Citi Premier Card comes with complimentary Priority Pass that allows you to visit two airport lounges every year. You will have peace of mind when travelling with the free international travel insurance that may cover lost, damaged, or stolen personal belongings as well as flight cancellations.
What’s not so great…
Cardholders should be wary about continuing to use this card once the promotional period has ended, as the typical ongoing rates are quite hefty. The ongoing purchase rate is currently at a whopping 21.49% p.a. Furthermore, the introductory balance transfer rate reverts to the cash advance rate, currently at 22.24% p.a.
Another drawback worth mentioning, if you move your existing balance to Citi Premier Card, you will not be eligible for the 44-day interest-free period until you have paid off the balance transfer.
Those that travel extensively and shop online can earn the highest reward points offered by Citi Premier Card - 2 Citi reward points per $1 spent. If you are one to make more domestic purchases, this card’s earn rate may not fit into your spending habits.
Keep these points in mind and carefully weigh the pros and cons before making a decision to make sure this card works out in your favour, everything considered.
Why should you choose this card?
The Citi Premier Card offers cashback as a reward for your spending and at the same, it lets you earn rewards points at a decent earn rate. Plus, it's loaded with free travel benefits and other awesome perks.
With the $600 cashback offer, you have the freedom to spend it any way you want to because you are not limited to using it within the rewards program only. Citi’s partnership with retailers that also give cashback, and discounts are also a huge and exciting incentive.
- Earn 2 Points per $1 on all eligible online transactions
- Earn 2 Points per $1 on all eligible international transactions made overseas or online with a merchant that is based overseas
- Earn 1 Points per $1 on all eligible domestic transactions
- Earn 1 Citi rewards Point per $1 on all eligible transactions using Citi PayAll
Redeeming your points:
Citi reward Points can be redeemed for flights, hotels, shopping, dining, and car hire. You can use it to pay for almost anything like appliances, homewares, and other merchandise at partner stores. You also have an option to transfer your Citi reward Points to partner programs including Emirates Skywards, Singapore Airlines KrisFlyer, flybuys, and many more.
* Note: as of 16 October 2023, the Linked Diners Club card is no longer available with Citi.
Features and extras:
- My Cashback My Cashback is a no-fuss, hassle-free rewards program of Citi which allows cardholders to automatically receive monthly cashback on their purchases when they use their Citi Clear Card to shop from their favorite brands. Access the program in the Citi Mobile® App and check some personalised offers.
- Connect: The Citi Premier credit card syncs with Apple Pay and Samsung Pay, and the Citi Mobile® App for personal account access
- Service & Support: Citi’s customer support provides round-the-clock customer service and fraud protection, and 24/7 customer service if your card is lost or stolen.
- Complimentary Insurance:Up to 6 months International Travel Insurance, Mobile Phone Insurance, Transit Accident Insurance, Rental Vehicle Excess Insurance in Australia, Purchase Cover Insurance, and Extended Warranty Insurance.
- Citi PayAll: You can take advantage of the Citi PayAll feature which lets you schedule recurring payments for your rent, education fees, childcare, taxes, bills, and more. Effective 1 November 2023, the Citi PayAll fee changed to 0.95% of the amount being paid.
- Mastercard Priceless Cities: Access unforgettable experiences around the world with Priceless Cities.
- Personal Concierge: Your personal assistant is on hand 24/7 to help with anything from restaurant reservations to travel bookings.
Overall Rating
The Citi Premier Card rewards you with cashback for your purchases while also allowing you to accumulate rewards points at a decent earn rate. It also comes with a slew of free travel privileges and other awesome exclusive Citi perks.
While it does have a premium annual fee, you can get a discount when you spend a certain amount on your card each year.
User reviews
Rates and fees
Interest rates
Purchase rate 21.49% p.a.
Cash advance rate 22.24% p.a.
Interest free period on purchases up to 44 days
Balance transfer
Balance transfer rate 0% p.a. for 6 months
Balance transfer revert rate 22.24% p.a.
Balance transfer from personal loan Yes
Balance transfer fee No fee
Balance transfer limit 80% of approved credit limit
Brands you can't balance transfer from Citi
Credit limits
Minimum credit limit $10,000
Maximum credit limit $100,000
Fees & repayments
Annual fee $300 p.a.
Additional cardholder fee Up to 4 at no extra cost
Foreign transaction fee 3.4%
Minimum repayment 2% or $30 whichever is greater
Cash advance fee 3.5% or $3.50, whichever is greater (Domestic); $5 (International)
Late payment fee $30
Rewards and points
Rewards program
Rewards Program
Citi Rewards Program
Bonus points N/A
Annual points cap 200,000
Bonus points spend criteria N/A
Earning points with this card
Citi Rewards points 1 point per $1 spent
Points cap per month Capped at $200,000 per 12 month period on online, international, and domestic spend
Overseas earn rate same as standard earn rate
Additional features
Complimentary insurance
International Travel Insurance Yes - up to 6 months
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance Yes
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance Yes
Overview
Citi Premier Card – Cashback Offer
Get $600 cashback when you spend $2,000 on eligible purchases using Apple eligible transactions. Earn up to 2 Citi reward points per $1 spent on eligible transactions. Complimentary insurance covers, lounge passes, and other exclusive Citi perks.
Key features
- Enjoy $600 cashback when you apply for a Citi Premier Card and spend $2,000 on eligible purchases using Apple Pay within 90 days from approval.
- Earn Citi reward Points on eligible online, international and domestic spend.
- 0% p.a. interest on balance transfers for 6 months. No balance transfers fee. Reverts to cash advance rate.
- Receive monthly cashback on purchases from your favourite stores with My Cashback offers.
- Enjoy 10% off or up to $250 Limited Time Lux Exclusive hotel offers. Offer available until 1 March 2025.
- Complimentary lounge passes.
- Range of complimentary insurance covers.
- Up to four (4) additional cardholders at no extra cost.
- Up to 44 days interest-free on purchases if you pay off the balance in full by the due date.
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
You must be an Australian resident
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
Recently Asked Questions
Something you need to know about this card? Ask our credit card expert a question.
Ask a question12 questions (showing the latest 10 Q&As)
Hi
I wanted to ask, for instance, if I have used a balance transfer for my Citi Premier Card.
Then Firstly, would I be able to avail of the cashback offer?
If yes, then I spend $2000 and pay it off on the same day. Would I be charged any interest?
Thanks
Hi Ammar, there are a few things here. To get the cashback offer you need to be a new Citi Premier customer. You can have a balance transfer and still get the cashback offer, but you will be charged interest on any new purchases while you have an outstanding balance transfer debt. Whether or not interest is charged depends on what time of day Citi calculates its interest, so it’s a good idea to ask Citi directly and understand there are potential risks and costs.
Hey I was looking at the Citi Premier credit card and noticed the $600 cash back is you spend $2000 on Apple pay ..I have a Samsung Phone so have Samsung Wallet does that still qualify for the $600 cash back ?
Hi there, that’s a great question! I checked and see that you may still be eligible for the current cashback offer if you’ve met the minimum spend on eligible digital wallets like Apple Pay, Google Pay, and Samsung Pay
Hi, when is the annual fee due? Can I spend $2000, get the cashback and cancel before annual fees fall due?
Hi John, good questions! The first year annual fee is usually charged on your first month's statement. As for the cashback offer, once you meet the eligibility requirements and qualify for the $600 cashback, it will be credited to your account within 16 weeks. Please note though that your account must remain open and in good standing to receive the cashback. And if you decide to cancel your card account, you can do so at any time.
Hi, does the $600 cashback offer also work on Samsung Pay as it says Apple pay only.
Hi Toan, the Citi Premier Cashback card’s terms show that eligible purchases can be made through Apple Pay or other digital wallets like Google Pay and Samsung Pay to be eligible to receive the current offer of $600 cashback.
Hi,
I currently have a citi rewards card and I wanted to know if this offer is only valid for new customers?
As an existing citibank customer, will I be eligible for the cashback and priority pass offer on the citi premier card?
Hi Mark, I checked the fine print on the Citi Premier Cashback card’s terms and saw that you may be eligible as the offer is available to new Citi Premier credit card customers.
what is considered to be eligible purchase?
Hi Tim, eligible purchases are actually your day to day purchases like paying for your coffee, groceries, etc. I also checked Citi Premier Cashback card’s terms and it does not have a list of what’s considered eligible. But they indicated that eligible purchases are any purchases made except (but not limited to) balance transfers, BPAY payments, government related transactions, cash advances and the like.
Hi, Can we use this card to make ATO payments and Superannuation payments for our business, would the transactions eligible to earn points
Hi Kav, you can definitely use the card to make ATO but not Superannuation payments. If you use the Citi Payall feature you could earn points with the ATO. It’s worth noting that there are third party platforms like pay.com.au that handle superannuation and ATO payments that you can earn points with.
How do you get the cash back?
Hi Nadia, according to CIti, to get the $600 cashback, you first need to apply and be approved on or before 31 August 2022, spend at least $2000 on eligible purchases on the card through an eligible digital wallet like Apple Pay in 90 days from approval. Once the spend requirement has been met, the cashback will then be credited to your account in 16 weeks,
Which airline are the complimentary lounge passes for?
Hi Emma, the complimentary lounge visits are indeed included in the Citi Premier card’s features. You will first need to enrol your card for the Priority Pass membership. There are more or less 1300 lounges to relax. You can check the https://www.prioritypass.com/ site for a full list of lounges and Priority Pass terms and conditions.
Hi Pauline, I've had a Citi rewards card before (blue card). Would I be eligible for this promotion if I closed my account in less than 12 months as I couldn't find anything in the T&Cs? Thank you in advance.
Hi Emily, upon checking on Citi Premier Cashback card’s terms, it states that the offer is available to new card holders only. If you’re specifically looking for cashback, you can compare some of the other cards that have a cashback offer attached.
How will I be able to know when I've spent (or am approaching) the qualifying $2k for this promo?
Hi Kim, we understand that it can be tricky to keep track of spending. There are a number of apps available that can track your spending. You could also download the Citi app to keep track of your spending too.
Hi how can i have my phone insurance .I recently got my citi credit card for $600 cash back offer
Hi Suresh, if you have a monthly mobile plan you’ll need to pay your Monthly bill each month with your Citi credit card. This doesn’t apply to prepaid mobile plans though.
reward hunter
11 January 2023easy to meet the $2k (excluding the $150 card fee) spend when you add the primary card to family members (apple samsung pay only). $600 cash back happen quicker than advertised. Eg Once you make the spend it appears in the next statement period.
Recommends this card