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Citibank Credit Cards: Free Citi Payall for All Payments Set up from 1st April 2021 to 31st October 2023 (Normally 2%)

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Citibank Credit Cards: Free Citi Payall for All Payments Set up from 1st April 2021 to 31st October 2023 (Normally 2%)
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Team Ozgiftcards on 16/03/2021 - 17:56 www1.citibank.com.au (3659 clicks)
Last edited 18/10/2023 - 09:37 by 4 other users

Received in email. Maybe targeted.

Free points on your rents, and any other fees that normally don’t accept credit cards without a fee.

Email excerpt below:

We are writing to advise you of an update we are making to the Citi PayAll product feature available on your Citi Rewards Card.

For all Citi PayAll payments set up between 1 April 2021 to 31 October 2023 (the Period), the Citi PayAll fee will be reduced to 0%:

• Any recurring Citi PayAll payments set up during the Period will not incur the Citi PayAll fee for the duration in which those payments are scheduled to occur.

• Any Citi PayAll payments set up after the Period ends will be charged the standard Citi PayAll fee of 2% of the amount of the Citi PayAll payment.

• Any recurring Citi PayAll payments set up prior and after the Period will be charged the standard Citi PayAll fee of 2% of the amount of the Citi PayAll payment. This fee will apply to all recurring payments made for the duration in which those payments are scheduled to occur.

• From 1 November 2022, points will be capped at $20k per month or the lower of your credit card limit.

For more information on Citi PayAll, please refer to the Credit Card Terms and Conditions and Other Important Information and if you are enrolled in a Citi Rewards program, please refer to the Terms and Conditions of the Rewards program you are enrolled in.

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

This is a good guide:
https://www.pointhacks.com.au/citibank/payall/

Financial Citi Credit Card

Related Stores

Citibank Australia
Citibank Australia

closed Comments

          • Outrageous on 12/09/2023 - 18:18
            +4

            @illusion99: You can write any name, as long as the bsb and account number are correct.

  • cheekymonkey97 on 12/09/2023 - 17:49

    Can someone post a screenshot of the recent email? I’m yet to receive it.

    • iykyk on 12/09/2023 - 18:44

      read the deal title again

  • Amstar on 12/09/2023 - 18:32
    +1

    Just a month to go, not worth unless they extend the date imho

  • iykyk on 12/09/2023 - 18:43

    7 weeks to go.. does anyone remember at about what time last year they extended it from 31 Oct 22 to 23?

    • Save 50 Cent on 12/09/2023 - 19:48
      +2

      From memory, it was about 11 am

  • iykyk on 12/09/2023 - 18:51

    Just saw the extension came through on 13 Sep last year. Not optimistic but fingers crossed for good news over the coming days.

    • Sharp on 12/09/2023 - 19:09
      +1

      No way. New ownership now.

  • playbargain on 12/09/2023 - 19:07
    +1

    My old PayAll schedule is due to expire in Jan 24, was doing $35k a month. Given the fee free promo is ending on 31 Oct, would the best option be to cancel the existing schedule now and set up a new one in Oct for another 2 years at $20k per month?

    • Homr on 12/09/2023 - 19:08

      I was about to post and ask the same thing. Would like to know this too

      Many thanks.

    • gadgetguy on 12/09/2023 - 19:18

      I would think you'd definitely be better off doing that. But I haven't done the maths.

      • leeroys_dad on 12/09/2023 - 19:22

        If you can use the date hack to start your next Payall in Feb 24, that is better.
        Otherwise definitely better off cancelling and restarting. I would let Sep run it's course and start the new schedule in Oct

        • playbargain on 12/09/2023 - 19:57

          What's the date hack? It won't allow me to select anything past Dec-23.

          • Mr Joker on 12/09/2023 - 20:01

            @playbargain: Did they patch it? I can't do it after Dec 23 as well :(

            • leeroys_dad on 12/09/2023 - 20:06

              @Mr Joker: set phone date to a date in the future (eg 15 jan 2024) and then set up payall. on the calendar popup, select CLEAR and it resets to 15 jan 2024

              • playbargain on 12/09/2023 - 20:17

                @leeroys_dad: Looks like they've fixed it. The app just gives a Security Error and won't allow to log on.

    • Oztx on 12/09/2023 - 19:23
      +1

      What is the $ value of points you are getting out of $35k per month? Trying to see if it's gonna be worth it for me

      • playbargain on 12/09/2023 - 20:00
        +1

        $35k is 35000 points. If coverted to Flybuys it is equivalent to $175 to shop at Coles. You can't get $35k per month anymore, the max you can get if setting up now is $20k per month.

        • Oztx on 12/09/2023 - 20:20
          -1

          Thanks!

          Oh damn, that's not even 1% :/

          • playbargain on 12/09/2023 - 20:25
            +1

            @Oztx: True if you actually had to spend that much to earn those points, but this is essentially given for free. Ofcourse you'll get better value coverting to frequent flyer points and use that to buy tickets, Flybuys is just an example.

        • evasive on 13/09/2023 - 00:22

          Why not 35k? Isn’t the monthly payall limit 35k? Or is it 20k for everyone?

          • playbargain on 13/09/2023 - 18:25

            @evasive: It was, but it has since been reduced to $20k per month. So if you set up a new one now the max you can do is $20k.

  • Oztx on 12/09/2023 - 19:20
    +1

    Thanks OP!

    Few questions if anyone would be kind enough to answer:

    What is the $ value of the citi rewards points?

    Can I use the points as cashback to pay the credit card balance?

    Which card would net me the most rewards if I pay $3k rent per month using credit card and pay the balance in full before end of month?

    Thanks a lot!

    • Team Ozgiftcards on 12/09/2023 - 22:47
      +2

      1. 35k points = approx $150 in Giftcards.

      2. Yes but you get lower value per point via “pay with points”

      3. You want to do the full 20k a month as long for as long as the system allows, as long as it’s free.

  • tommynolips on 12/09/2023 - 20:22

    Only just got a Citi card. If i set up a monthly payall payment for my rent, any payments made after 31st Oct 2023 will incur a 2% fee, is that right?

    • Outrageous on 12/09/2023 - 20:24

      Depends when you set up the payall. You can avoid fees by setting up the payall before that date (even if the payall date is after)

      • tommynolips on 12/09/2023 - 20:29

        Weird I can't seem to set up a payall payment for a duration for any longer than 2 months. I get an error saying "Payment Unsuccessful. We are unable to process your payment now"

        • Twenty2four4 on 13/09/2023 - 09:41

          Probably a security hold. I got all my PayAll setups cancelled 3 times because of "security". Finally spoke to them the third time, re-setup and they've gone through.

  • Chickie on 12/09/2023 - 20:35

    " Any recurring Citi PayAll payments set up prior and after the Period will be charged the standard Citi PayAll fee of 2% of the amount of the Citi PayAll payment. This fee will apply to all recurring payments made for the duration in which those payments are scheduled to occur."

    Does this mean that recurring PayAll set up for future payments get charge a fee and I'll have to set up manually PayAll monthly to avoid this?

    • magster on 12/09/2023 - 21:20

      Set up before 31st October and there won’t be a fee for recurring payments, as that is ‘during’ the promotion, not prior or after.

  • fortunecookie on 12/09/2023 - 21:24

    Is it worth signing up now?

    Interested to know many points I'd get if payments can be set to 2025.

    • Twenty2four4 on 13/09/2023 - 09:42

      I think i did like 15k transfer for the max 24 months and it was around 330 or 350k. So with the full 20k add 25% to that.

  • OzBoganYeah on 12/09/2023 - 21:33

    Is citibank better overall than the big 4 banks?

    • JHoliday on 12/09/2023 - 21:41
      +4

      Used to be before NAB came along and started ruining things

  • vee_el on 12/09/2023 - 21:58
    +1

    Spewing that I didn't jump on this sooner but was a bit reluctant because I have the old Signature card with no annual fee for life and was concerned that Citibank may cancel my card for depositing monthly into a family member's account. Is it worth risking my account? How likely is it to have your account cancelled for this? Hoping the professionals can chime in

    • leeroys_dad on 12/09/2023 - 22:03
      +1

      the only thing i use my old Signature fee free card for is Payall and the odd flight benefit using Priority Pass. Much better cards out there for your daily use.
      2 years no dramas

      • vee_el on 12/09/2023 - 22:12

        Just what I was after, thanks for the reassurance. May I ask what you consider better options for daily use? PM me if you want

        • leeroys_dad on 12/09/2023 - 22:26
          +1

          I use coles credit card which gives a 1% return (via reward points) or if I am in store then a hsbc debit card for 2% back under $100

          • leeroys_dad on 12/09/2023 - 22:27

            @leeroys_dad: Also just deposit into your account rather than a family member, and change the account name to the bank name, or some other generic term

            • vee_el on 12/09/2023 - 22:36

              @leeroys_dad: Ok will do and then I use bpay to pay the credit card statement from my account? Yes I also use the HSBC debit card for in store purchases under $100

    • magster on 12/09/2023 - 22:44
      +1

      Also been using my Signature fee free for life card for this, 2 years as well no issues. I also hesitated for the first few month for the same reason. Free $175 per month was worth the risk in the end (now $100 for new people due to the 20k cap)

      • vee_el on 12/09/2023 - 23:12

        Ye should've just risked it earlier. I'll do it now and see if I can still reap some rewards

      • cashless on 13/09/2023 - 18:45
        +1

        Don't forget the extra ~$123 per month you can get for putting $20k into a 5% high interest account.
        As there are roughly 45 days (give or take) between when $20k gets deposited and when you have to pay it back, there are effectively 45 days where you can earn interest, 12 times per annum.
        So $20,000 x 0.05 (45/365) = ~$123/month on top of the FlyBuys $100 credit from points.
        So many people are making about $223/month.

        • knobbs on 13/09/2023 - 18:51
          +1

          45 days if you have at least double the credit limit of your total payalls for the month. 40k+ for 20k or 70k+ for the early 35k adopters

          • vee_el on 13/09/2023 - 20:17
            +1

            @knobbs: I was about to ask why double the credit limit but I think I figured it out. The next payall payment will be around 31 days later and if you don't have double the credit limit you will have to take out the payall amount from your bank account before 31 days to pay back your credit card so that you can fulfil the next payall payment on the 31st day.

    • hanofee on 12/09/2023 - 22:46

      Also to add, with Nab acquisition, it's guarantee to be replaced with Nab card. Very unlikely, they'd keep giving one with free-for-life when it happened

      • vee_el on 12/09/2023 - 23:10

        Ye good point, might end up being cancelled anyway

      • Legoman on 16/09/2023 - 13:45
        +1

        Yep, HIGHLY unlikely. NAB charge annual fees for ALL their credit cards, no exceptions. A neighbour of mine has a very old, legacy, grandfathered NAB Platinum credit card account that earns QFF points with no annual fee. She hates it now because times have changed and she no longer wants QFF points at all because they're worthless to her. She'd like FlyBuys instead, but of course NAB won't change the points scheme without giving up the card entirely even though the QFF points she doesn't actually want are costing NAB to provide (and probably a lot more than FlyBuys points would).

    • Team Ozgiftcards on 12/09/2023 - 22:49
      +1

      Using my free for life premier cards since started.. won’t cry if they end up canceling. Plenty of other cards to churn with afterwards.

    • Legoman on 16/09/2023 - 13:37
      +1

      I have been doing exactly as you describe with two family cards going back and forth to each other every month for 35K each since this whole thing started. Had no problems whatsoever. Free $350 each month in FlyBuys Cash for the groceries, plus another ~$300 interest on the deposited 70K. You know it makes sense.

  • capslock janitor on 12/09/2023 - 23:30
    -3

    How do I get this?

  • squaredonut on 13/09/2023 - 04:32

    Just trying to read back on the comments. So what am I trying to deposit all the money into another account I have then pay it back off immediately? And keep doing that?

    • leeroys_dad on 13/09/2023 - 09:53

      Yes, but if you hold onto the money for 2 or 3 weeks then you'll earn interest on it too, before paying it back.

      • vee_el on 13/09/2023 - 09:55

        So you should set your payall to start at the start of your statement period. Is that right?

  • xdigger on 13/09/2023 - 11:33
    -1

    Been using this but doesn't the free bit end next month and wouldn't be a deal anymore?

    • leeroys_dad on 13/09/2023 - 11:37
      +5

      Spend 5 minutes reading previous posts

      • timhn on 13/09/2023 - 17:39

        Or just read the description of this deal. Especially at these lines:

        For all Citi PayAll payments set up between 1 April 2021 to 31 October 2023 (the Period), the Citi PayAll fee will be reduced to 0%:

        Any recurring Citi PayAll payments set up during the Period will not incur the Citi PayAll fee for the duration in which those payments are scheduled to occur.

        Any Citi PayAll payments set up after the Period ends will be charged the standard Citi PayAll fee of 2% of the amount of the Citi PayAll payment.

  • z0s0 on 13/09/2023 - 13:54
    +5

    Amen to this deal; probably the best OzBargain I ever got. Been running it for 2+ years now on my free-for-life Signature card, and have - so far - redeemed 3 x Singapore Airlines business class tickets between Aus and Europe. Great stuff! Let's see how much longer it lives…

    • CyberMurning on 13/09/2023 - 15:32
      +2

      the bad is, once you fly business you cant take economy anymore….

    • yht on 13/09/2023 - 15:41
      +1

      Lucky you, how many points required to convert to SQ business class to use it for travel please ? 2 years = 480,000 points with 20K max per month, I believe ?

      • capslock on 13/09/2023 - 17:51

        Oz to Europe return requires 198k Krisflyer points or 396k Citi Rewards points. Three trips would have required 1.18m Citi Rewards points or $1.18m of Payalls.

        • z0s0 on 13/09/2023 - 20:49

          Alas they were just one way; ranging between 99K and 112K each. Some of the points came from a signup bonus for some other card IIRC. Although; I only flew the most recent one ~two weeks ago, and I'm not too far away from having enough points to redeem another one.

        • digitalane on 03/10/2023 - 19:18
          +1

          I thought KrisFlyer was 2.5:1 not 2:1?

      • playbargain on 13/09/2023 - 18:29
        +1

        2 years ago the monthly cap was $35k.

        • z0s0 on 13/09/2023 - 20:49

          Yep. Those were the days!

  • mrhorse on 13/09/2023 - 23:27
    -2

    I can no longer schedule any payment starting from Jan 2024 in the app. Any advice on bypassing that? Tried to adjust the system date but it didn’t work.
    Thanks in advance

  • jaypeee on 14/09/2023 - 10:55
    -3

    Just confirming from those that have been doing this, your regularly interest free monthly payment for the card covers both card usage and Payall setups?

    • leeroys_dad on 14/09/2023 - 11:56

      We are all paying off the balance in full before the statement date/next payall

      • jaypeee on 14/09/2023 - 18:02
        -1

        Thanks, but does that require a seperate transfer set up? Or does the standard ‘wipe the card clean’ every month sort it out?

        • leeroys_dad on 14/09/2023 - 18:54

          The payall comes from your credit card limit

  • jackofspade on 14/09/2023 - 14:26
    +2

    FYI to those that may need a replacement card in the future. My card somehow got compromised and I had to get a replacement card.
    To my surprise, my Payall did not get cancelled and still works even though the old card is cancelled and the replacement card is still unactivated. Not sure how they managed to charge an unactivated card.

    • 1bargain on 14/09/2023 - 17:11

      Maybe if you activate then you can’t use it anymore.
      I had a direct debit on an old card that went through for years as I never called up to update the card so on the statement it list expenses from old and new card.

    • chintu123 on 17/09/2023 - 13:37

      I am interested in knowing what happens in this case, do the payall paynents still go through once you activate the new card?

    • tunzafun001 on 17/09/2023 - 16:04

      My experience was the opposite / the usual..ie.

      My Payall failed while waiting for the replacement card to be sent out.

      I had to redo my Payalls from scratch with the new card.

      *Note- my card had fraudulent transactions and I reported it. I also asked about the Payalls. So maybe if I said nothing, they may have worked. Don't know..

    • szy2k on 17/09/2023 - 19:59

      I had exactly the same experience a few months back, received a different card number but Payall remains the same so all good.

    • GoodQuestion on 24/10/2023 - 22:56

      My card also somehow got compromised, got a replacement, my PayAll continued.

      • mr_asstight on 27/10/2023 - 02:09
        +1

        Real test next month

  • Outrageous on 14/09/2023 - 19:49

    Does anyone know what happens if a scheduled payall fails due to insufficient credit? Does the whole 2 years worth of future scheduled payalls get cancelled? Or only the failed month?

    • Micky14 on 14/09/2023 - 19:52

      Only that month.

      • Outrageous on 14/09/2023 - 19:54

        Thanks. And will the failed payall contribute to the 20k limit that month? Or can i go ahead and try to redo it once the credit is there ?

        • Micky14 on 14/09/2023 - 19:56

          No.
          Yes.

  • cyruslol on 15/09/2023 - 20:29
    -1

    any chance to setup payall scheduled payments after Oct 2025??

    • leeroys_dad on 15/09/2023 - 20:37
      +1

      spend 5 minutes reading previous posts

  • padman on 15/09/2023 - 20:40

    Anyone else with a prestige card? Mine is coming up to the 1 year renewal mark.. Tossing up between paying the $700 annual fee and getting ~$200 monthly benefit vs or closing the account due to the uncertainty that NAB will close this loophole. If they continue this for 4 months, the annual fee will be covered. But it doesnt seem promising as the the payall start date is currently maxed out at 31/12/23. What is everyone else doing?

    • gadgetguy on 15/09/2023 - 21:03

      If they terminate Payall I'd be looking for a refund of my annual fee - they would have a removed a huge aspect of what you paid for.

    • maverick1 on 15/09/2023 - 21:18

      Call and check if they can reduce/waive your annual fee if not ask for a downgrade to a lower fee annual card. Hopefully a downgrade doesn't lead to auto-cancel of your existing Payall's, YMMV.

  • Acdc1001 on 21/09/2023 - 17:36

    hmmm …. enjoy it while it lasts:

    1. The Citi PayAll fee is currently 2% and is part of your Terms and Conditions including your Financial Table. This fee is set at the point of scheduling your Citi PayAll payment, applies for the duration the Citi PayAll payments are scheduled and is charged to your account each time a Citi PayAll payment is made. The promotional Citi PayAll fee of 0% commenced from 1 April 2021 and will end on 31 October 2023. Effective as of 1 November 2023, the Citi PayAll fee will change to 0.95%. For more information please refer to Citi PayAll fees by visiting Citi Credit Card Fees and Charges (citibank.com.au).

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

    • hanofee on 21/09/2023 - 17:39

      A bit confusing, as it said This fee is set at the point of scheduling your Citi PayAll payment, applies for the duration the Citi PayAll payments are scheduled and is charged to your account each time a Citi PayAll payment is made, which is 0 if we schedule now, isn't it? But then it said 0.95% from November?

      • Acdc1001 on 21/09/2023 - 18:26

        In short, Yes and Yes.

      • timhn on 21/09/2023 - 19:51

        Confuse about what? Over 20 pages of discussion with the description in plain English and people still asking the same question?

        If you setup before 31 Oct then it's free. It'll cost you if you do after that.

        • gadgetguy on 21/09/2023 - 20:00

          Still not simple enough for me. Can you elaborate? /s

          At least its not 2%, though I expect most of us have already signed up well into the future.

          $95 charge per $10k would kill the deal though I think.

          • iykyk on 22/09/2023 - 12:36

            @gadgetguy: $95 charge for 275K citi points is still.. decent (if signing up to Citi Prestige and getting annual fee waived)

            • gadgetguy on 22/09/2023 - 12:56

              @iykyk: That's a different scenario than ongoing use of Payall.

  • digitalane on 22/09/2023 - 13:22

    Interesting - the 0% will end, but now reduced to 0.95%

    A fee of 0.95% of the amount of the Citi PayAll payment is payable and is debited to your Account each time a Citi PayAll payment is made.

    • Ash-Say on 22/09/2023 - 13:32
      +1

      Thats the end of Citipayall.

      I hope we can still milk it (currebtly setup till 2039).

      • cyruslol on 22/09/2023 - 13:48

        doubt they will honour it for 16 years :)

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