Citi Prestige Credit Card: 300,000 Citi Rewards Points ($10,000 Spend in 90 Days), $350 First Year Fee (Save $350)

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Citi Prestige Credit Card: 300,000 Citi Rewards Points ($10,000 Spend in 90 Days), $350 First Year Fee (Save $350)

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RGV on 15/02/2023 - 18:55 www1.citibank.com.au (7177 clicks)
Last edited 16/02/2023 - 09:11 by 1 other user

Minimum spend increased from $7,500 in 60 days to $10,000 in 90days

Copied from Previous deal https://www.ozbargain.com.au/node/728311

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(rwrds.com.au))
$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.

According to comments, a minimum annual salary of $150,000 is required for applicants

Financial Credit Card MasterCard Reward Points

31 May 2023

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closed Comments

- - longsighted on 04/04/2023 - 17:54
    
    I wonder if any OZB peeps have tried calling to ask if they could transfer the points to the new card and combine the rewards point successfully. If that's possible, opening this new credit card https://www.ozbargain.com.au/node/757285 at $49 fee first year, then combine the rewards from prestige card, close the prestige card. Saving on the $700 fee.
- n0mad on 04/04/2023 - 11:23
  
  +2
  
  perhaps wait to see if there is a velocity bonus in May like last year. worked out slightly ahead transferring to velocity and then to Kris last time. Then you can keep it in velocity until you need it, obviously there are risks if velocity and Kris cancel transfers.
- z28 on 05/04/2023 - 10:14
  
  +1
  
  I don't intend to pay the full annual fee of $700.
  
  This card might be a keeper for me:
  
  Payall - $20K/year @4.5% equals around $900 or around $540 after tax
  240K+ points (from Payall) is 96K Kris points or $1.44K @1.5c/point
  Priority Pass Prestige: $469 USD worth
  $100 transport
  4th night hotel free night
  - nadan on 05/04/2023 - 16:08
    
    That is assuming payall stays fee free.
    - z28 on 05/04/2023 - 18:50
      
      Anything set up before Oct 2023 will stay free. After that it will attract 2%. So in September set up 20K transfer for 1 year; you be fine for at least 12 months. Citi extended this few times already.
- ShowMeDMoney898 on 06/04/2023 - 02:35
  
  +2
  
  I closed my Citi platinum card last year and they were able to transfer my points to my Signature card. Just call and request.
Gravediggaz on 05/04/2023 - 14:32

How long does it take to get the card? Been waiting a week now
- nadan on 05/04/2023 - 16:09
  
  +1
  
  It took like 10 days to receive it.
  - BuyNowThinkLater on 05/04/2023 - 21:21
    
    sheesh we've been waiting for some time as well (a week), was hoping to receive it this week so we can use it for some big purchase.
    - Fancydancer on 05/04/2023 - 21:26
      
      Don’t worry, will still work for big purchases after this week
johnmelb on 05/04/2023 - 23:23

-1

Just logged in and my 330000 points are gone.
Hope it's just an error and that it will be automatically corrected.
Both my card points just show 0 points.
Anybody else having issues?
- CodeXD on 05/04/2023 - 23:26
  
  I just logged in on desktop. I can see my points ~340k
  - johnmelb on 05/04/2023 - 23:27
    
    It's an issue with app and website.
    I can only see my points again when I click through to "redeem" then they appear again.
- johnmelb on 07/04/2023 - 00:55
  
  Issue is resolved now.
bwill85 on 06/04/2023 - 13:00

Is anyone literally just recycling the cash on loop taking them citi for 19/20k rewards points each cycle ? It is the equiv of $100 GC card every time but I suppose you will be spotted and closed doing that quickly?
pyramid on 07/04/2023 - 17:41

I'm stumped by payall date. My statement date is 8th so had setup payall for 12th. But now payall deducted money on 6th so it'll turn up in my statement and need payit back by 24th. What's optimal way of setting payall now. @CodeXD
- CodeXD on 07/04/2023 - 17:48
  
  Is the 8th when you get your statement or when statement is due?
  - pyramid on 08/04/2023 - 08:57
    
    That's when I get statement. It seems long weekend with 2 public holidays screwed my calculations
    - CodeXD on 08/04/2023 - 09:08
      
      Sounds like the Easter long weekend has messed this up for a lot of people and will probably continue to do so looking at Easter schedule for next 10 years.
      
      https://www.theholidayspot.com/easter/easter_dates.htm
      
      Since your statement is due on 24th, why not schedule your payall on say 27th since it will ensure you will always have enough money in your account (assuming you will always be paying it off before due date). If due to any reason it is taken out early, you will still be some buffer since you'll be paying it off before the actual date.
      
      Payall will never be after the date you scheduled so you're safe ensuring you get the $20k points each month.
      - pyramid on 08/04/2023 - 09:41
        
        +1
        
        @CodeXD: I was thinking on similar line to schedule it after due date. Thanks for replying
Gravediggaz on 08/04/2023 - 10:54

How long does PayAll take to transfer to another bank?
- wangasm on 08/04/2023 - 23:46
  
  +1
  
  It will arrive in the bank on the date you schedule it, at the latest. But it will deduct the funds from your card 3 or more days earlier.
Trendyoz on 08/04/2023 - 22:58

I have about 400K points. Does any one know whats the best value for money to redeem? I am tossing between gift cards or business class flight. What is everyone doing?
- CodeXD on 08/04/2023 - 23:22
  
  Flybuys 1:1 is better value than gift cards if you shop regularly at Coles.
- wangasm on 08/04/2023 - 23:38
  
  My recommendation here
  Spreadsheet with calculations here
- JR63 on 09/04/2023 - 08:59
  
  You could wait until May to see if there's any Velocity transfer sale.
  
  Even if you claim economy flights, it could still be worth it (it was in our case). We spent 45k Avios each (135k Citi points) on one way economy flights from Dublin to Melbourne on QR, flights that would've cost $2400 each because we don't have flexibility with a wedding and work.
  
  Ends up being worth equivalent to 7c/Velocity point.
- sareth on 19/04/2023 - 11:06
  
  FlyBuys with FlyPay at coles online. You can redeem 10k ($50) per shop. Click and collect or $2 delivery (or free delivery over $250).
Gravediggaz on 09/04/2023 - 15:09

To use PayAll you can only use the schedule date it gives you not any earlier?
- CodeXD on 09/04/2023 - 15:10
  
  +1
  
  Need to set it up minimum 7 days in advance.
  - timhn on 09/04/2023 - 16:35
    
    +1
    
    And the money withdraw from your CC at least 3 days before the scheduled date - or earlier if the date fall into public holiday or weekend.
cocomelon on 11/04/2023 - 14:41

I canceled this month payall thought to reschedule it with a different date after due date, however it keeps on saying i have reached the monthly limit?
My prev payall was in 21 march, Im stucked for days so decided to make the full payment today, hoping it will let me schedule one for this month 24April, Anyone encounter the same and care to share what you do to resolve this?
- wangasm on 11/04/2023 - 15:00
  
  +3
  
  Cancelling any PayAll will trigger a 24-48 hour lock on any new schedules. Try again tomorrow.
  In the future you should create the new one before cancelling the old one.
  - cocomelon on 12/04/2023 - 19:34
    
    Cheers, After my full payment through today i tried again and it works this time, was afraid i might miss this month payall to maximise the points.
muzzheng on 11/04/2023 - 20:06

What's the fastest way to pay back the balance in order to maximise the amount of days you keep the Payall balance in your account? BPay?
- 1bargain on 11/04/2023 - 21:18
  
  I BPay on Saturday and it took my money out instantly hence reducing my interest in account yet because of Easter holidays it didn't hit my Citibank today so my Payall got declined. I think Osko would be a better option.
  
  Just wondering if Payall is declined today, will it attempt a 2nd time in few days or do I need to waste 7 days scheduling another Payall? Are their any consequences with a declined Payall except it not going through on the day intended?
- hiaaron on 12/04/2023 - 08:20
  
  +3
  
  Open a transaction account called Citi Plus for free, then PayID to Citi Plus then internal transfer to Prestige card. It takes less than a minute.
  - wangasm on 12/04/2023 - 16:14
    
    Note that many banks have daily limits for PayID transfers, some as low as $1000 per day (eg. Virgin, BOQ, ING)
    - timhn on 12/04/2023 - 20:04
      
      Osko payment from ANZ/NAB to Citibank is instant.
    - hiaaron on 12/04/2023 - 20:05
      
      I have PayIDed from CBA and the limit was 50k and was an instant transfer. Didn't know that some banks have such low limit.
  - muzzheng on 16/04/2023 - 17:58
    
    Yep alright, so transferring from the Plus into the Credit Card account is pretty instant regardless of whether it's a business day or not? Cheers!
    - wangasm on 16/04/2023 - 20:20
      
      From my experience it's always instant from the Plus account regardless of what day it is.
  - varunbabu008 on 20/04/2023 - 20:40
    
    Hey. When I transfer from Macquarie bank to citibank transaction plus account using a payID, I noticed that it reflects immediately on citibank side as 'on deposit' but takes a day to be moved to 'available' . Any Idea why this is ?
    - wangasm on 21/04/2023 - 12:25
      
      Macquarie has a PayID transfer limit of 10k per day. If you're transferring more than this then it will transfer as a normal bank transfer.
      
      If it's happening with amounts smaller than this then I'm not sure why, it's always been instantly available for me (I don't use Macquarie for transfers).
      - varunbabu008 on 21/04/2023 - 13:47
        
        @wangasm: I was only transferring 1k each. Its not the first transaction either. Looks like every time its happening
  - kelvin-200 on 07/06/2023 - 02:48
    
    Hi mate, Citi Plus is not available anymore since NAB took over. Is there an alternative with NAB?
- N B on 11/07/2023 - 22:25
  
  So is BPAY the fastest way to pay back balance as Citi is not offering new transaction account anymore? BPAY still takes around 3 days to clear.
One2Share on 12/04/2023 - 16:33

+1

For anyone who interested to get the annual fees refunded, I have called up Citi, asked for credit card account closure and also checking if they would refund the $350 annual fees in partial. The rep consulted her manager and advised that I will have $260 refunded in cheque.
My card was approved in early Jan and I put the closure request today 12-April.
- cocomelon on 12/04/2023 - 19:35
  
  Why dont you maximise the 20k payall every month?
  - One2Share on 12/04/2023 - 20:48
    
    Now I only learned that way. Too late, but it's ok. Cheers
    - expatOz on 13/04/2023 - 23:03
      
      +1
      
      And you of course also lose out on the lounge access.
kirkleton on 12/04/2023 - 21:00

Can I pay registration or any bills with Citibank cards that will count towards the spend?
expatOz on 13/04/2023 - 23:02

Citi Prestige is discontinued in US and this card being the only one with unlimited lounge entries PLUS food voucher. Wondering if I should keep it even for 700/yr now :)
- hiaaron on 13/04/2023 - 23:08
  
  I think it is well worth the annual fee. I went to two places in the same airport terminal and my food bill (bringing one guest) was already $150 on that day alone.20k points from PayAll every month alone pays off the annual fee, so the lounge/restaurant visits are basically free.
  - expatOz on 13/04/2023 - 23:10
    
    We don't know if PayAll would continue to be free after Oct 2023 but yes the lounge benefit is too good to pass.
    - hiaaron on 13/04/2023 - 23:13
      
      I know.. but anything you set up before Oct this year is fee-free. Many including myself have already set up for another decade.
      - expatOz on 13/04/2023 - 23:15
        
        @hiaaron: Oh! I wasn't aware of that! Will just set it up right now.
        Even without that I felt like 700/yr was worth it and looking at how things are going (Citi Plus, Global Currency accounts discontinued) I'm pretty sure this card would also be discontinued pretty soon.
      - expatOz on 13/04/2023 - 23:17
        
        @hiaaron: Just to clarify, you setup multiple one-off transactions for each month until say 2032 ?
        
        hiaaron on 13/04/2023 - 23:21
        
        @expatOz: No, it will be too many. You can set up multiple recurring transactions, each for monthly for two years.
        
        expatOz on 13/04/2023 - 23:55
        
        @hiaaron: Sorry … so if they're monthly recurring transactions, why 2 years?
        
        timhn on 14/04/2023 - 06:32
        
        +1
        
        @expatOz: The app is only allowed to setup the end date 2 years in future. But you can do several times
        
        expatOz on 14/04/2023 - 11:00
        
        -1
        
        @timhn: Looks like they've closed the loophole of creating multiple future recurring transactions:
        
        "The date on which the first payment is to be made must not be less than 7 business days from the date the Citi PayAll payment is set up."
        
        johnmelb on 14/04/2023 - 11:03
        
        @expatOz: That comment is talking about it can't be less than 7 business days from setting up.
        It's not talking about transactions further in the future.
        
        CodeXD on 14/04/2023 - 11:06
        
        @expatOz: What dates are you trying to set it up for? Make sure you have the correct year
expatOz on 13/04/2023 - 23:54

Wondering if car rego should be paid directly by card or as BPAY to get the points?
- CodeXD on 13/04/2023 - 23:55
  
  You can get points if you add it to beem it account and bpay there.
  - expatOz on 13/04/2023 - 23:56
    
    Darn, I thought so :( I just paid directly via CC
    - macr0hard on 03/05/2023 - 17:28
      
      use their linked diners card?
Gravediggaz on 14/04/2023 - 12:02

I bought something off ebay from US using paypal they charge $13 international fee that sucks
- expatOz on 14/04/2023 - 12:04
  
  +2
  
  This card doesn't offer 0% currency conversion fees, you should've known that :)
- CodeXD on 14/04/2023 - 12:22
  
  should always stick to ebay.com.au even if the same item is available in ebay.com.
  
  The foreign transaction fee is a % of your order so working backwards the item was ~$383?
  
  This card has never been advertised as no foreign transaction fee.
UltimateSAVER on 15/04/2023 - 22:54

I have a question about the Payall fee. For transactions set up to occur after 31th Oct, will there be a fee of 2% regardless of when its set up?
- CodeXD on 15/04/2023 - 23:01
  
  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%:
  - UltimateSAVER on 15/04/2023 - 23:09
    
    I called Citi, the customer service said there will be a fee for transactions set to occur after 31 oct 2023. that's why I am a bit confused.
    - CodeXD on 15/04/2023 - 23:15
      
      The wording is very specific and people will 100% fight back if they charge fee for PayAll payments set up prior to 31st Oct but occur after the date.
      - UltimateSAVER on 15/04/2023 - 23:17
        
        @CodeXD: how do you interpret this term, "This fee will apply to all recurring payments made for the duration in which those payments are scheduled to occur."
        
        CodeXD on 15/04/2023 - 23:20
        
        +2
        
        @UltimateSAVER:
        
        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 recurring Citi PayAll payments set up prior or 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.
        
        Under Can I schedule a payment? in FAQ
muzzheng on 16/04/2023 - 18:00

Has anyone successfully gotten Citi to change their statement date so it aligns better with the PA due date?
- wangasm on 16/04/2023 - 20:22
  
  Yeh I got mine changed easy through online chat, no questions asked.
bdhtran23 on 16/04/2023 - 20:53

If you spend $10k early (before 90 days) do you get the points straight away or do you have to wait until 90 days?
- Fancydancer on 16/04/2023 - 21:04
  
  +1
  
  Mine came with the first statement
  - LetsJustGo on 03/05/2023 - 12:41
    
    Damn I just got my first statement and didn’t get the 300k sign up points yet. Put through payall of $10k and that’s on there though :(
    - johnmelb on 03/05/2023 - 13:27
      
      +1
      
      For me, the bonus points were not visible on my first statement, however my balance was updated in the points a few days after.
      Now, the 300k points are mentioned in the second statement.
      
      So I'm assuming you only just got your statement, and would suggest to wait a few days.
      (My partner is currently in the same boat - only payall payment, first statement, still waiting for 300k bonus points.)
      - LetsJustGo on 05/05/2023 - 00:04
        
        @johnmelb: Thank you! Yes I can see the 300k in my account now - phew
    - wangasm on 03/05/2023 - 17:43
      
      You will get the points tomorrow or the day after
- JR63 on 16/04/2023 - 22:01
  
  Yeah, it was the first statement after I hit the bonus too (which is probably the first one if you're utilising PayAll).
expatOz on 17/04/2023 - 02:03

Does anyone else’s Priority Pass digital card also shows expired?

In the Priority Pass app it says expired not sure why although i have set it up just recently and haven’t even used it yet.
- n0mad on 17/04/2023 - 07:31
  
  mines fine, used on Tuesday. is the credit card still active as well?
VQLD on 18/04/2023 - 09:22

some news " We are introducing a new benefit on your Citi Prestige Card. From 1 June 2023, you can enjoy $10 cashback once per month when you spend $40 or more with Uber Rides within the same month"
pyramid on 19/04/2023 - 14:01

+2

Anyone getting call from Citibank to confirm payall transactions and nature of transactions?
- johnmelb on 19/04/2023 - 16:47
  
  Yes, asking what relationship is with the person you're sending to.
  "That's a lot of rent you're paying". "Do you expect more transactions like this …"
  - looks on 19/04/2023 - 17:53
    
    Did they let it through still?
    - johnmelb on 19/04/2023 - 18:17
      
      It was question on previous transaction
      - pyramid on 19/04/2023 - 19:28
        
        @johnmelb: I was asked same question..let's see what happens next
        
        Clenched Cheeks on 03/05/2023 - 11:55
        
        @pyramid: Any updates? I got the same call a few days ago
        
        johnmelb on 03/05/2023 - 13:32
        
        @Clenched Cheeks: No further updates for me.
        I did get notification my next payall transaction should be processed soon.
        
        Killua27 on 19/07/2023 - 12:32
        
        @Clenched Cheeks: How did you go with this? I also just got a call from them but missed it and have received an email to call them back.
  - Voucherd on 28/04/2023 - 22:33
    
    Anything happened since?
    - johnmelb on 03/05/2023 - 13:33
      
      I got notification my next payall transaction should be processed soon.
- sareth on 21/04/2023 - 09:17
  
  What do you tell them?
ShowMeDMoney898 on 25/04/2023 - 14:42

+2

FYI. Just came back from Japan and can confirm the exchange rate is better than XE when using the Citibank linked Diners card. I have received my statement and all transactions AUD amount was less than the XE AUD amount which I have screenshot on the day of transaction. Best rate I got was 91.89, lowest 90.07.

Not sure if the favourable exchange rate may be applicable for certain countries like Japan.

I have some transactions using Latitude card and the AUD on each of the transactions was more than the XE AUD amount.

I also withdrawed some cash locally using Citi Plus and the rate is the worse compared to Diners and Latitude.

This was posted 1 year 10 months 16 days ago, and might be an out-dated deal.

Citi Prestige Credit Card: 300,000 Citi Rewards Points ($10,000 Spend in 90 Days), $350 First Year Fee (Save $350)

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