Citibank Platinum Rewards Credit Card 100k Bonus Points $49 Annual Fee First Year

For those of you (like me) who have already churned the better deals from ANZ FF/ANZ Rewards/Westpac/St George/NAB/Qantas Money in the last 12 months, this is a pretty good deal. $50 for 54,000 Velocity points (per May’s bonus promo) is decent. This deal was posted on Ozbargain a few months ago but is listed as expired. Citibank had this deal expiring on 30/6/2018 but have just updated the expiry date to 31/7/2018.

Details:

100,000 bonus Citi Reward Points when you spend $3,000 on your card within 90 days of approval, and enjoy a reduced annual fee of $49 for the first year (reverts to a discounted annual fee of $149 thereafter).

Rewards points can be converted into frequent flyer miles including Emirates Skyward Miles, Velocity Frequent Flyer and Singapore Airlines KrisFlyer. As well as to buy gift cards or items from the store. Receive 100,000 points when you spend $3,000 in 90 days from card approval.

100,000 points will get you:
40,000 Velocity Frequest Flyer points
33,000 Emirates Skyward Miles and KrisFlyer Miles
Prepaid Gift Cards worth <$500

Note that Velocity have bonus transfer promotions with their partner programs once or twice a year. The last one (in May) for this amount of points was a bonus 35% on transfer, equating to 54,000 Velocity points for this deal.

Conditions on the Bonus Points:
To earn 100,000 bonus Citi rewards Points, you must apply for a Citi Platinum credit card by 31 July 2018, then spend $3,000 on your card within 90 days of approval. Cash Advances, Balance Transfers, Refunds, Chargebacks and Special Promotions do not contribute to the spend threshold. Please note that if have a balance transfer, you will be charged interest on any spend that you make. The bonus Citi rewards Points will be credited within 6 – 8 weeks of meeting the spend criteria. All rewards are subject to the Terms and Conditions of the Citibank Rewards Program. This offer is valid until 31 July 2018. Post this advertised date; Citi reserves the right to continue, withdraw or change the offer at any time without notice.

Actual credit limit will be assigned based on our credit criteria, subject to confirmation that you earn a minimum of $35,000 per year and your credit rating.


Citibank Platinum Rewards Credit Card 100k Bonus Points $49 Annual Fee First Year OR Citibank Simplicity No Annual Fee for Life

This promotion is back for those that missed it last time or for those that don’t have this card fee free for life. Now you have the option of bonus points or 26 months interest free on balance transfers (2.5% BT fee applies).

Rewards points can be converted into into frequent flyer miles including Emirates Skyward Miles, Velocity Frequent Flyer and Singapore Airlines KrisFlyer. As well as to buy gift cards or items from the store. Receive 100,000 points when you spend $3,000 in 90 days from card approval.

100,000 points will get you:

40,000 Velocity Frequent Flyer points
33,000 Emirates Skyward Miles and KrisFlyer Miles
Prepaid Gift Cards worth $470
A portion can also be used to cover the annual fee

https://www.citirewards.com/cms/sites/globalrewards-au-eng/i…

  • Discounted annual fee – $49 annual fee in the first year (reverts to a discounted $149 fee in subsequent years)
  • 0% p.a. for 15 months on balance transfers (1% balance transfer fee applies) – Cash advance rate applies after 15 months
  • Interest free days – Enjoy up to 55 days interest free on your purchases.
  • Free wine when you dine – Receive a complimentary bottle of wine on us every time you dine at hundreds of partner restaurants.
  • Complimentary International Travel Insurance, Purchase Cover Insurance and Extended Warranty Insurance.
  • Exclusive access to the hottest tickets in town – With Visa Front Line Access, get your hands on some of the hottest tickets in town before they’re released to the general public.
  • Point earn rate is 1 Point per dollar.

Min credit limit $6,000 Max credit limit $100,000
Minimum Income $35,000

Bonus rewards points also for the Prestige and Signature cards but they have a higher annual fee:
https://www.citibank.com.au/cards/search/rewards_suite.htm

There is also the Citibank Simplicity card with no annual fee for life https://www.citibank.com.au/aus/credit_cards/cards_simplicit… and you can get $50 cashback (5% back on each retail purchase)