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Citi Prestige Qantas Credit Card: 150,000 Bonus Qantas Points ($7,500 Spend in 2 Months), $749 Annual Fee

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Probably the highest Qantas points card which is not business?

Special offer
Get 150,000 bonus Qantas Points with this special offer when you make the minimum spend.1

Complimentary airport lounge access
Receive unlimited complimentary access to over 1,500 Priority Pass™️ lounges around the world for you and one guest.≥

Complimentary VIP membership for one year with Wrapd
As a VIP member, get access to exclusive discounts, cashback offers and new arrivals from the go-to shopping platform. Valid until 30 September 2024.«

4th Night on Us
Book four consecutive nights or more at a range of hotels with Luxury Escapes and receive a credit back for one night (up to $1,000 credit per booking, four times per calendar year).ø

Complimentary Travel Insurance
Access to Complimentary International and Domestic Travel Insurance with your Citi Prestige Qantas Credit Card.~

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Citibank Australia
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National Australia Bank Group (NAB)
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closed Comments

  • +16

    Terrible value given the annual fee.

    • can ask for half refund

      • how to?

        • just ask. I have always got refunds from citi and nab

          • +2

            @ozbargainerlife1: i have been hearing a lot + my self as well that NAB has stopped giving annual fee refunds

            • @clayaa: just closed Citi/Virgin 2 weeks ago for me and my wife. Got the pro-rata fee back for 10 months.

              • @ozbargainerlife1: yeah, but not sure about NAB part though

                • @clayaa: closing NAB after my statement closes and will let you know.

                  • @ozbargainerlife1: yes please! just closed my qantas 2 months ago and no luck. will close the nab rewards soon. $100 is not too bad.

                    • @clayaa: I've just closed my NAB card and they denied a pro-rata refund - they straight up implied that too many people have been taking advantage of churning hence their new T&C's won't allow it.

                  • @ozbargainerlife1: im gonna be doing the same in a few months but yeah ive heard NAB doesnt do it anymore

            • @clayaa: I just received a prorated refund this month on a Citi card.

    • +2

      While I agree that the annual fee is really high, why does that make it terrible value? I only ask as a single classic rewards trip to Sydney from Melbourne is 8000 points. So I believe this deal would get me 9 return flights.

      Even with the taxes involved, surely that volume of flights would be cheaper than the annual fee.

      No negativity here, just curious to know your logic.

      Whilst I chose Sydney and Melbourne, I presume any classic rewards flights would return equal or better value for this number of points.

      • +1

        I did this post a few months back breaking down the points per dollar spent on fees.
        This works out to be 200 points per dollar of fees. Unsure if any of those cards are still out there, they most likely are, but 90% of them were better value.
        And you've got to spend $7,500 in TWO months…. Horrendous value IMO, but may be suitable for high income earners.

        • I will take a read.

        • And you've got to spend $7,500 in TWO months

          That's what stood out to me the most as well, huge minimum spend required.

        • @wgibbie - do you know if there are any Westpac accounts that are fee free to open and leave just sat there? I have an ANZ and NAB one for just these sorts of use cases but have probably been looking in the wrong spot as I couldn't find a Westpac one.

    • good value if you fly a lot and use lounges

  • +1

    Wtf $749 !

  • +2

    First class / Business flight for $749 + taxes. Bargain!

  • -4

    Sorry OP, but there's better value out there… this was the first one I checked… Westpac Altitude Qantas Black Credit Card
    90,000 Qantas points for $150 (reduced) first year +$75 Altitude Qantas Program Fee.
    400 points per dollar of fees paid VS 200 points for this. And you have 4 months to spend $6k vs 2 months and $7.5k for this.

    • +2

      Yours doesn't have $450 of free lounge access, nor the free 4th night. Whilst I get its all about peoples needs, your card is good for pure points, this Citi one is a good offer to those that use it.

      I had the old version of this card. Used lounges 30+ times in a year for two. Considering its $45 per use per person, I got $2700 of value (false as would buy a sub with PPass and pay $450) and also used all four nights free as well, getting me another $1230 of value.

      Points = 1c value. So $1500 points, $450 membership loungers, $1230 of free nights in hotels and $100 limo my card had = $3280 value for $749 $4.37 per dollar invested
      Yours gets $900 for $225 = $4 per dollar invested

      • I think the paid PP membership is US$469, and doesn’t include guests - the one that comes with this card includes a guest as well.

        • Ah, so even mor value. More like $5.40 return per dollar spent.

      • -1

        I dare say anyone who uses lounges 30 times a year would already have enough status credit / points with assorted airlines that they wouldn’t be paying to get into said lounges anyway…

        • Kind of. Qantas lounges are garbage. Plus priority has additional benefits. Plus the lounges more consistent. Also, doing 30 trips doesn't mean you've hit status, especially if points flights

      • +1

        Fourth night free (not four nights free) is a joke now. Luxury Escapes have a limited choice of hotels and are more expensive compared to other websites. Usually 3 nights through them equals 4 nights through Expedia, booking.com etc.

        • 100% Agree - I'll be dropping my card before the next renewal. Same as the chauffeur to the City. Now its Uber Black and is 3x the cost and so 1/3 the benefit.

          Was a good card though when PayAll was also fee free. Was getting 20k points a month free, plus spend points, plus the 300,000 I got signing up, plus the lounge and 4th night. All good things come to an end.

    • +1

      what about points per credit check?

  • You also get $10 back every month if you spend over $40 on an Uber

    • Does anyone actually getting $10 back for uber I never got one in 60 days at least

      • +1

        I did - but only after raising a support case with Citi, and it took them around a month to fix.

  • +3

    I have this card, and it's great value if you have the free Citi Payall, otherwise less desirable without.

    • Whats city Payall

      • +4

        A city where you pay all

    • How to have that free City Payall? Is it from corporate?

      • You had to set it up before a certain date.

        Also, this card is great value if you exploit priority pass (hint: get free food at your arrival destination as well as when leaving) and 4th night free.

        • This card is great for FIFO people tho

          • @drhip: You usually have access to some semblance of a lounge if you are fifo

        • Would I still have access to it if I set it up a year or two ago with another credit card which is now cancelled?

          • @DvApps: I dont personally think so, since it's tied to the card? I mean, this is just my thoughts.

    • there is a 0.95% fee tho. Not as high as cash advance but still a fee there. Do you actually have a workaround that prevents yourself from incurring the 0.95% fee?

      • That fee is new. If you set up a reoccurring one before they implemented it, it would be free.

        • Ahh I was citi user until they got bought by NAB in Australia. Didnt know about this Payall. Would have go with it if I knew, to accumulate points easily.

  • I have the old free (no annual fee) Citi Mastercard. Am still eligible to apply this one with bonus?

  • Can anyone confirm:
    1. There is no minimum waiting period for Citi cards - I can't see anything about 12 month waits in the T&C's, and I had a Citi card earlier in the yr.
    2. Do you need to be holding the open Citi card to keep using the 12 months of priority pass? Or could I make the PP account, have it active and close the Citi card in a few months?

    While I think $749 is expensive, I have already churned many of the good value cards this yr, and would probably need to spend about $700 on 2-3 cards with smaller bonus points anyway to get 150K in points. In the past I would always go for the lower fee or nil fee at all, but the CC deals at the moment aren't great. Hoping a few more come out before the end of the year.

      1. I have opened two different citi products in a space of 3 months and go bonus points but before opening them I confirmed via chat, keep a record and then apply.

      2. If you close citi card, PP will also expire after a while (not instant but maybe few weeks after)

  • @ozbargainerlife1 I read somewhere that payAll spend (transfer to bank account) no longer count towards the minimum spend, does anyone recently used payall towards minimum spend? Thanks

    • I always thoguth they were… not sure now sorry

      • So I just now checked with citi customer care, and they said PayAll transactions are excluded from minimum spend criteria, that’s a shame. I had applied for both, premier and prestige cards with a hope that I will meet the minimum spend with PayAll 😭

        • you got both approved at same time?

          • @ozbargainerlife1: Applied for premier first and prestige after 4 days of the approval for premier, received the approval for prestige the next day.
            Checked with customer care to confirm on the bonus offer and they confirmed that I’m eligible for bonus offer on both the cards but now the problem is of minimum spend (6k + 7.5k) within 3 and 2 months, that’s not possible.

  • -1

    What a gorgeous looking card

  • Can you claim both Lux 10% discount with 4th night free in the same transaction? or is it one deal at a time?

    • You can only put 1 promo code at a time

  • Whats the approx time to get the card approved and then delivered?

    • 2 days of approval for me. Delivered in 3 business days.

    • Their support is (profanity) abysmal.

      I applied in June, it's still under review. I have to keep sending them more documents because they're losing them

  • Is this actually that bad?

    I mean asusming youre risking not being able to get a downgrade, if youve churned st george/anz/westpsc ones which are lower annual fee the only one remaining is qantas which is $350 for 70k points. Which works out to $700 for 140k.

    • If you can get the $7500 spend done in two months and then ask for a pro-rata cancellation of the annual fee a few months in then it seems pretty decent for whats out there atm in terms of points received.

  • Does this card able to get Qantas 20K

  • +2

    I did this recently, got the 150k points but the Citi refused to refund the annual fee even pro rata.

    • Call them to close the card, if they refuse to refund the fee, hang up and try again,
      I did the same and got lucky the third time, it depends person to person on the other side.

      • Wow, my card is already closed, I tried it 2nd time, on the second time, the person on the other end agreed for pro-rata but after closing told me that the system is not allowing, I am suprised it worked for you, good on you mate.

        • +1

          Yes, I got refund on pro-rata.
          No worries, better luck next time

  • What’s the minimum gap anyone applied for citi prestige qantas after closing and received bonus points again?

    I can’t see any waiting period of 12 or 18 months, does that mean I can apply straight after and will receive the bonus points?

  • How long after do the points arrive?
    A few days after meeting minimum spend? Or the following statement after meeting minimum spend?

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