This was posted 2 years 1 month 21 days ago, and might be an out-dated deal.

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Citi Prestige Credit Card: 300,000 Citi Rewards Points ($7,500 Spend in 60 Days), $350 First Year Fee (Save $350)

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Citi Prestige Credit Card: 300,000 Citi Rewards Points ($7,500 Spend in 60 Days), $350 First Year Fee (Save $350)
Go to Deal
SoulButter on 03/10/2022 - 22:50 www1.citibank.com.au (10929 clicks)
Last edited 04/10/2022 - 09:56

Key Points:

  • $350 annual fee in the first year (save $350).
  • 300,000 Citi Rewards Points when you spend $7,500 on eligible purchases within 60 days from approval.
  • Points redeemable for $1,500 in gift cards, $1,150 profit after annual fee. (According to rwrds)
  • $20,000 minimum credit limit, $100,000 maximum.

Extra Perks:

  • 4th Night Free: Enjoy your 4th night free when you stay four consecutive nights at a huge range of hotels.
  • Luxury Escapes: Enjoy 10% off Limited Time Lux Exclusive hotel offers (up to $500) and international tours (up to $250) until 1 March 2023.
  • Priority Pass: Unlimited complimentary access to over 1,200 Priority Pass lounges around the world for you and one guest.

Edit: Spoke to Citi live chat, they state the hard requirement of income has been removed. I was told I would still be eligible for the points despite currently holding a Citi rewards card. Looks like they've removed the one promo a year cap for this card, YMMV of course.

Financial Credit Card MasterCard Reward Points

Related Stores

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closed Comments

    • huu on 03/10/2022 - 23:57
      +1

      in the email should have address/upload where to send it to, not reply if i remember correctly

    • Fuzor on 04/10/2022 - 00:16
      +2

      thats why Citi is no more.

    • Xizor on 04/10/2022 - 08:30
      +1

      Citi are beyond incompetent for credit cards. Only joint i have ever been declined ( acfew years back, met all criteria). Word in forums from others declined was that they weeded out those with lower spend/always pay on time but it just reaked of indiscriminate incompetence to me.

    • Wweezy007 on 04/10/2022 - 12:39

      Same here, no links, no reply emails; they sent the email twice!

    • shegeloaf on 04/10/2022 - 15:35

      What is the minimum salary?

      • fozzie on 13/10/2022 - 20:19
        -2

        $150.000

        • fozzie on 13/10/2022 - 20:23
          +1

          By looking at fine print only a good credit history now, it doesn't quote a salary.

    • Fish and Grits on 05/10/2022 - 11:01

      Did you find a solution to this? Got the same issue myself

      • bellroy26 on 05/10/2022 - 22:01

        Nope, they sent another email this morning but still the same thing, nowhere to upload the documents they're asking

        • Fish and Grits on 06/10/2022 - 07:56
          +1

          I rang up and they told me to send the documents to [email protected]

          I suggested to the Phillipino worker that maybe somebody should update the email to have an actual link, but she couldn't give a shit and just replied with 'Yes sir'.

          • Robot16 on 06/10/2022 - 09:40

            @Fish and Grits: Did you get a response to the new email? I called and they gave me that same email address. I did not want to send it there based upon my call with the worker…application is still being processed.

            • Fish and Grits on 06/10/2022 - 09:57
              +1

              @Robot16: Nah she said up to 14 days.

            • Fish and Grits on 06/10/2022 - 10:12
              +1

              @Robot16: Just after I posted this comment, I got another email and tried again and this time I could upload the documents.

              • Robot16 on 06/10/2022 - 22:53

                @Fish and Grits: @Fish and Grits thanks for letting me know! Good luck with yours.

              • bellroy26 on 07/10/2022 - 08:40

                @Fish and Grits: Very interesting. In this new email, did you still use the Reference No.? Because when I track my status using that one it's still not letting me upload anything. Or is it a completely new link that they gave you?

                • Fish and Grits on 07/10/2022 - 19:45
                  +1

                  @bellroy26: The new email had a link for Application Retrieval, the email that didn’t work was just “Check my Application Status”

    • Robot16 on 05/10/2022 - 11:15

      Same as me.

      I provided the doc during the app process. They asked for it again but with no link to upload.

      Logging into Citi the app number digits are less than what the site accepts..

      • bellroy26 on 05/10/2022 - 22:01
        +1

        Exactly. It's asking for another id than the reference they gave when I made the application.

  • huu on 03/10/2022 - 23:38
    +1

    will you loose the premier $0 for life if apply for this one?

    • timhn on 04/10/2022 - 08:10
      +1

      Why would they do that?

      Just for your reference, i have the free4life one and also got several Premier/Signature cards in the past 2 years or so.

  • chansthename on 03/10/2022 - 23:46

    3.4% international transaction fee makes this less appealing for me

  • endolphin on 03/10/2022 - 23:52
    -8

    $1150 profit from $7500 spend makes it a ~15% return, which is actually pretty poor as far as cc offers go.

    Pass.

    • thegreatermamba on 04/10/2022 - 00:00

      How much is expected?

    • Jayblesz on 04/10/2022 - 00:13
      +8

      You're only counting the value given by the points though, not to mention you're somehow calculating a 15% return in an odd way anyway… I would see a better value calculation using your figures as simply (-$350)+$1500=$1150 profit or 328.5% return?

      The unlimited visits to priority pass lounges worldwide (+ 1 guest) seems to be equivalent to the Priority Pass Prestige membership that costs $429 USD too.

    • tm001 on 04/10/2022 - 00:17
      +5

      As much as I try, I don't understand your math.
      Your $7500 does not go towards the card, that goes to your own investment or spending, whatever that is.
      The points are also a one-way business class to Europe.

    • dein_gesicht on 04/10/2022 - 06:58
      +5

      That's not how you calculate a return lol

      • endolphin on 04/10/2022 - 08:34
        -2

        Geez OK people, "return" was probably not the right term. Let's try "cash back".

        My "cash back" % calculation is how I compare offers. For example I just got the HSBC deal, $500 cash back from $3000 spend, or 16.6%. Also not that great, but a lot better than the 2% from the HSBC debit card.

        • Jayblesz on 04/10/2022 - 08:41

          That could definitely be a useful metric depending on how you calculate the offer value, but yes not exactly a 'return (on investment)'.

          I would love to see a rotating, updatable google doc with this similar to the Accounts Leaderboard that uses this type of metric among others to compare CC offers/deals… that would be a great tool for churners and bargainers alike… a bit of work for upkeep and availability though given the duration cycles for credit card offers…

          • ozBfrugal on 12/10/2022 - 13:17

            @Jayblesz: I don't know why you got so many downvotes endolphin. It's exactly how I compare between offers and distinguish between whether a high spend, in this case $7,500, is comparable to a card that has a lower spend requirement. I mean, why try and find stuff to buy to meet $7,500 when I could do my normal groceries etc and meet a $1,500 spend and get $300 cashback (20%) (CBA Low Fee Gold).

            I'm surprised a lot of people here just look at the $ figure of the profit/cashback and ignore the minimum spend requirement.

    • spiff on 04/10/2022 - 07:25
      +1

      Lol

  • Magicmannn on 04/10/2022 - 00:05

    Do you have to wait 12 months before reapplying for this card to get the points? e.g held premier within the past 12 months

  • Nand0sx on 04/10/2022 - 00:06

    Can anyone confirm if past customers are excluded? And if they still require $150,000 minimum income?

    Closed the citi Premier a couple months ago but pretty tempted to get some points I can convert to something other than Qantas.

    • jayz on 04/10/2022 - 01:43
      -5

      Yes for both questions.

      • Nand0sx on 04/10/2022 - 01:56
        +1

        And where is this stated?

      • hamwhisperer on 04/10/2022 - 05:51

        Wait 150k minimum? Damn.

    • Angelscrap on 04/10/2022 - 07:21
      +6

      150k household + neighbours income combined?

    • LuckyL on 04/10/2022 - 07:47
      +1

      i contacted customer service a few days ago. both answers are no.

    • sicinadan on 04/10/2022 - 08:45
      +1

      called and I was told 150k not required, regular income required.,

      • Sidor on 04/10/2022 - 19:13
        -1

        what is regular income?

        • sicinadan on 04/10/2022 - 20:49
          -2

          Centrelink?

  • T-man on 04/10/2022 - 00:11
    +4

    Citi good old days is gone, still remember the time when I called them and ask for a cheque to self.
    And free fee Citi Premier for life.

    • littlesoldier on 04/10/2022 - 00:21
      +5

      I still hold my free for life Citi Premier today, they recently also dropped the minimum credit limit from 15000 to 10000

      • mr_asstight on 04/10/2022 - 00:49

        What's so good about citi Premier?

        • littlesoldier on 04/10/2022 - 00:57
          +3

          basically nothing good except 2 free priority pass entries per year
          its was free so no complain at all

          • Fuzor on 04/10/2022 - 01:08

            @littlesoldier: Wasn't it also a rewards points card? I have a feeling that NAB might regret your cards in time.

            • littlesoldier on 04/10/2022 - 01:16

              @Fuzor: Yes it is
              However at the time of offer there's no initial card bonus
              and the reward points earning isn't that too attractive either
              (2 points online spending, 2 points international spending, 1 point domestic spending)

          • rogsamsy on 04/10/2022 - 10:46
            +1

            @littlesoldier: how do you activate the priority pass?

            • rogsamsy on 04/10/2022 - 11:11
              +4

              @rogsamsy: got it..

              To re-enrol/activate your membership simply follow the below steps:
              1. Download the Priority PassTM App via your Apple App Store or get it on Google Play
              2. Visit prioritypass.com/premieraumc
              3. Enter Invitation Code CTPRM331
              4. Complete the digital form, including your Citi Premier Card details

      • whyisave on 04/10/2022 - 01:34

        that's the Citi Signature Visa card, becoming Citi Premier Mastercard right ?

        I signed up many years ago, under their "Family & Friends" offer, for $0 annual fee,
        but the $15k credit limit affected other aspects such as refinancing, credit cards, etc.

        I wish I could drop this Citi Premier credit limit down to $10k then.

        • littlesoldier on 04/10/2022 - 01:36
          +2

          Yes, thats the Signature -> Premier card
          I signed up via the same offer
          And yes, you can lower credit limit to $10k now (just login to Citi online portal and change to $10k)
          I did the same and able to lower the limit

          • whyisave on 04/10/2022 - 01:39

            @littlesoldier: Thanks for confirming that :-)

            That high limit affected me many times, with other credit applications.
            I don't buy anything using 'credit' and any outstanding payments, are always paid off.

            • littlesoldier on 04/10/2022 - 01:41
              +1

              @whyisave: same here mate
              that $15k credit limit was always making me to think of cancelling it
              but I knew this free for life offer wont be happened again

              • whyisave on 04/10/2022 - 01:49

                @littlesoldier: Citi had that "Family & Friends" offer a few times,
                and after I signed up, they never offered it again.
                It was such a good card to me,
                and I used the 2x Priority Passes annually,
                enjoying lounge access in Thailand or Bali or Copenhagen.

                I'm still holding onto this Citi Premier Mastercard,
                and got a $0 annual fee AMEX for its perks,
                but the days of Credit Card with generous offers are gone.

                Now, I'm eyeballing the St. George Amplify Visa card,
                as they have a relatively decent introductory offer ;-)

                • littlesoldier on 04/10/2022 - 01:52
                  +1

                  @whyisave: For some unknown reasons I got rejected by St. George twice in my life
                  never have the same issues with Westpac, ANZ, NAB or AMEX

                  My last application with St George didnt even told me the reason but just rejected after 2 weeks of wait
                  then applied the same tier in Westpac (black Qantas) and got the card approved in 3 days

                  • timhn on 04/10/2022 - 08:16

                    @littlesoldier: Same with me. StG rejected me within 24hr after applying for their Qantas CC. Went to NAB and had no problem getting the similar tier CC.

              • aec on 04/10/2022 - 08:22

                @littlesoldier: When I applied a mortgage last year, I tried very hard to keep this card (20k limit, I had to cancel all other credit cards); when I refinanced a couple months ago, I happily found out I could reduce the limit to 15k (though I wished an even lower limit); when I tried to apply the Comm’s ultimate credit card last week, I noticed I could reduce its limit further! A bit too late for mortgage or other refinancing matters for me, but I hope it will be easier for me to get mr application for the ultimate card approved.

        • GoodQuestion on 04/10/2022 - 21:43

          I used to get declined by StG until i opened a cheque account with them, left it open a few months then closed it.

          • nnaa8287 on 05/10/2022 - 22:11

            @GoodQuestion: How does it help by opening a cheque account? Do you have to deposit any specific amount?

            • GoodQuestion on 06/10/2022 - 18:37

              @nnaa8287: Well i dont know for sure - just hypothesising but its the only variable that changed really. Im assuming by having an account with them it helps with the equation of getting accepted. I just did some bs transfers in and out.

      • citybargainhunter on 05/10/2022 - 10:16

        Not for the Premier Visa, I just checked

        • littlesoldier on 05/10/2022 - 10:28

          You mean you can't lower limit to 10000?
          I have done it last month and my statement shows as well: https://ibb.co/bNDt7v0

          You need to manually login and lower the limit
          https://ibb.co/Qj9cq3k

          • citybargainhunter on 05/10/2022 - 20:22

            @littlesoldier: Thanks for the screenshots. I tried in both mobile app and netbank, doesn't allow me to continue if I want to change it to 10k. The screenshot below doesn't capture the pop up warning but it basically says it's below the minimum.

            https://ibb.co/xYr2GV0

            btw, I have a Premier Visa, not sure it that makes a difference.

            • littlesoldier on 05/10/2022 - 22:16

              @citybargainhunter: Hm.. thats weird
              When I first got my free for life Signature it was a Visa too
              But since changing to Premier they gave me a MasterCard instead
              and I couldnt find Premier Visa in the current Citi website too: https://www1.citibank.com.au/credit-cards/travel-rewards

              • citybargainhunter on 07/10/2022 - 19:23

                @littlesoldier: Yeah my Premier card looks almost identical, but instead of the MasterCard logo down the bottom right, it says Visa Signature. Maybe this card is discontinued. I have no fee for life as well, have had it for 10+ years.

                Edit: OK, so I just called up Citi and was told that they no longer issue Visa cards, so when my Visa card expires they will send me a MC instead and I will be able to lower the limit.

            • Johnx on 07/10/2022 - 15:39

              @citybargainhunter: same here….I called up and you can reduce to 10k with the Mastercard. They advised my MC is being sent next week

  • OfferScooperHQ on 04/10/2022 - 00:14

    i just got myself amex charge card! facepalm

    • whyisave on 04/10/2022 - 01:34
      +2

      St. George Amplify card seems to be a good deal for a Visa card now.

    • littlesoldier on 04/10/2022 - 01:39

      amex platinum charge charge has its own benefits
      while its higher in annual fee, it wont hurt your credit limit as its not a credit card
      $20k credit limit is very high imo and will be a challenge to most home loans / refinancing
      until you have really high salary….

      • evasive on 08/02/2023 - 20:04

        @littlesoldier Will it affect your credit score still if you cancel the Citi card and Close the account after you collect your points? I want to buy a house in the next 2 years but I only want this card for the points and will cancel when done.

  • littlesoldier on 04/10/2022 - 00:25
    +2

    I used to love Priority Pass until they no longer have access to Plaza Premium lounges
    Been always using PP to access Plaza Premium in Hong Kong airport and love the range of hot food they provided
    way better than Qantas Club lounge IMO

    For frequent fryer I reckon AMEX platinum might still be the better option
    while its $1450 annual fee, primary card + additional cards all get access to the global lounge network (including each having a PP membership)

    But given say that, $350 cost to get the reward points is still a great deal
    Tho the $20000 min credit limit might not easy to get card approval for those having other home loans
    given the current interest rate is keep raising

    • ufwpd on 04/10/2022 - 16:50

      If you’re not a fan of the HK Qantas lounge, try the Cathay First lounges next time!

  • Jayblesz on 04/10/2022 - 00:29
    +1

    Has anyone ever tried to meet a spend requirement via a PayPal money request to, for instance, your friend/SO's account? I mean, it's technally a purchase transaction no different to buying off eBay or Facebook Marketplace and paying with PayPal, right?

    Quick calculation shows that the fee included for buyer protection (given that it's a purchase for goods 7.5k @2.6%+0.3) is only $195.30.

    Add $350 [half] annual fee and it'll total $545.30 for $1500+ value, aka minimum $954.70 profit plus all the other perks….

    • JohnSy on 04/10/2022 - 00:59
      -1

      Paypal is generally excluded. There is a bunch of simpler methods to do instead such as paying bills via a payment processor such as beemit or zippay. I suggest just using beemit and prepay towards your income tax bill. You will get a refund from the tax department if you ultimately overpaid.

      • Xizor on 04/10/2022 - 08:38
        +1

        Do you just beemit to your ato bpay id or whats the right way?

        • JohnSy on 04/10/2022 - 22:40

          You can find your ATO BPAY details by going to your MyGov account. Then select ATO / Tax / Payments / Payment / BPAY and use the BPAY details shown for Income Tax.

      • shegeloaf on 04/10/2022 - 16:19

        Wow:) this is genius 👏🙌
        So can i beamit 7k to my ato in hope of next years tax? Or do I need to have an outstanding debt to Ato before they will accept beamit?

        • JohnSy on 04/10/2022 - 22:42
          +1

          You do not need to have an outstanding debt. You can build up a balance inside the Income Tax account and can also request a refund back if you have a positive balance and no other outstanding tax debts.

    • whyisave on 04/10/2022 - 01:36

      Side Note:
      AMEX Membership Points now can be used to redeem Paypal spends.

      • superozbargain on 04/10/2022 - 21:24

        Heard about this, but never figure out how to do it as I do not see the option in Paypal.

  • mrhorse on 04/10/2022 - 00:54

    Makes me wonder how many here earn $150k+ a year.

    https://www.pointhacks.com.au/credit-cards/citibank-prestige…

    • Jayblesz on 04/10/2022 - 01:26

      This is an outdated pointhacks listing for this card/offer.
      It's very similar but OP's direct link shows no mention of minimum income requirement and the minimum credit limit is $20k instead of $30k as listed in the pointhacks page.

    • MrThing on 04/10/2022 - 07:25
      +9

      Everyone here is 200k plus

      Whirlpool 300k plus

      • OzBestDeal on 04/10/2022 - 07:39
        +1

        Based on the spending habit here, I would say you're not far off

      • sunyuanxin on 04/10/2022 - 07:59
        +1

        I don't believe people with an annual salary of 20k plus will find bargains here.
        If you are here please let me know.

      • michaelTito on 04/10/2022 - 10:39
        +5

        Reddit 300k plus and 7.5million in share.

  • adrianhughes1998 on 04/10/2022 - 01:02
    +3

    I'm a drug dealer lmao, minimum spend easily met.

  • PigGainOut on 04/10/2022 - 01:15
    +3

    If this has payall, wouldn’t you be able to transfer out the required spend and pay it back and still have it count towards the $7500 required spend?

    • qq830821 on 04/10/2022 - 11:31
      +1

      and whether it count towards the min spending requriement

      • scheminsteven on 04/10/2022 - 11:33
        +4

        I live chatted them - pay all counts towards spend hurdle

        • jimboner on 04/10/2022 - 16:09
          +1

          Wait so you can just pay a mate the entire $7500 spend via PayAll…. and your friend can just give you the money back?

          That effectively makes the minimum spend requirement a non-event. Surely not…whats the catch?

          • shegeloaf on 04/10/2022 - 16:26

            @jimboner: Im sure you can 😉 but confirm with cotiBank live chat first?

            • jimboner on 04/10/2022 - 16:31

              @shegeloaf: Live chat is only available to customers as need to log in first…. :/

  • Catsfan070911 on 04/10/2022 - 01:34

    Would love if anybody is able to advise of minimum income requirements if anybody somehow finds out for sure :)

    • jayz on 04/10/2022 - 01:41
      -3

      Prestige card has a minimum income requirement of 150k, double of the Premier card.

      • Nand0sx on 04/10/2022 - 01:58
        +1

        You are basing this off of what?

      • Deezy88 on 04/10/2022 - 09:02

        This is incorrect. There is no income requirement. They only require regular income. Confirmed on their live chat.

  • shroomies on 04/10/2022 - 01:38

    Citi has the most odd rejection criteria. Would probably avoid if you're self employed…

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