Citi Premier Credit Card
Earn Citi reward Points on eligible spend and enjoy two complimentary airport lounge visits each year when you enrol in Priority PassTM.
This product is provided by National Australia Bank Limited, using certain trademarks temporarily under license from Citigroup Inc.
Why we like the Citi Premier Credit Card
If you’re looking for a Credit Card in Australia that earns points on domestic and international spend, then look no further than the Citi Premier Credit Card!
You’ll earn 2 Citi reward Points per $1 spent on eligible transactions online or overseas, and 1 Citi reward Point per $1 spent on eligible transactions everywhere else, capped at 200,000 Citi reward Points over a 12-month period.
Citi reward Points can be transferred to Velocity Frequent Flyer at a 2:1 ratio, giving you the ability to redeem Velocity Points for flights with Virgin Australia and its partner airlines like Qatar Airways, Singapore Airlines, United Airlines, Air Canada and more.
The Citi Premier Credit Card also includes includes two complimentary airport lounge visits each year when you enrol with Priority PassTM.
Cardholders also enjoy a range of complimentary insurances, including International and Domestic Travel Insurance2 and Mobile Phone Insurance3, 10% off Limited Time LUX Exclusive hotel offers (up to $250 per booking) booked by 1 March 2026, $10 cashback with BINGE every month until 31 October 2025 when you sign up for a Standard (normally $19 per month) or Premium (normally $22 per month) monthly subscription5, as well as other card benefits and discounts.
Sign-up bonus
For a limited time, earn 110,000 bonus Velocity Points¹ when you apply for the Citi Premier Credit Card!
To receive the bonus points, you must apply and be approved by 28 August 2025 and spend $8,000 on eligible purchases within 3 months from approval and enrol in Points Autosweep⁴.
This offer is not available to customers who close or transfer from another Citi-branded credit card account.
With 110,000 Velocity Points, you could unlock a range of flight experiences with Virgin Australia and its partner airlines. Take off from Melbourne or Sydney to Los Angeles on a one-way Business Class Reward Seat with United Airlines from 102,000 Velocity Points + $132.39 in taxes, fees and carrier charges.6 In the opposite direction, you could fly from Perth to Dubai via Singapore on a one-way Business Class Reward Seat with Singapore Airlines from 104,000 Velocity Points + $384.18 in taxes, fees and carrier charges.6 Closer to home, you could fly two people from Sydney to Hamilton Island return on Virgin Australia Business Class Rewards Seats from 94,000 Velocity Points + $206.44 in taxes, fees and carrier charges.6
Citi Premier Credit Card benefits and features
The Citi Premier Credit Card includes a range of features and benefits. Here’s what to expect…
Complimentary airport lounge access
Receive complimentary membership and two airport lounge visits every year when you enrol in Priority Pass™️.
Access to Complimentary Insurance
You may be eligible for the following complimentary insurances with the Citi Premier Credit Card:
- International and Domestic Travel insurance2 – up to 3 months for International Travel and up to 14 days for Domestic Travel when meeting eligibility criteria.
- Rental Vehicle Excess insurance in Australia2
- Purchase Protection insurance2
- Extended Warranty insurance2
- Mobile Phone Insurance3 – pay your monthly mobile plan bill with your Citi Premier Credit Card and you’ll receive accidental damage and theft insurance cover.
Before you consider using these insurances, we recommend Policy Information Booklet to determine if the insurance cover meets your individual needs.
Discounts and other benefits
Aside from the ability to earn points, the Citi Premier Credit Card also includes these benefits:
- 10% off Limited Time LUX Exclusive hotel offers (up to $250 per booking) booked by 1 March 2026.⁷
- Get $10 cashback with BINGE every month until 31 October 2025 when you sign up for a Standard (normally $19 per month) or Premium (normally $22 per month) monthly subscription. Stream the TV shows and movies everyone is talking about.5
- Automatic cashback when you spend at stores with My Cashback offers
Earning points
The Citi Premier Credit Card earns points towards the Citi Rewards program at the following rates:
- 2 Citi reward Points per $1 spent on eligible transactions online or overseas.
- 1 Citi reward Point per $1 spent on eligible transactions everywhere else.
The points earn is capped at 200,000 Citi reward Points over a 12-month period.
Cardholders can opt-in to Points Autosweep to automatically transfer your Citi reward Points balance to Velocity Frequent Flyer each month4. The transfer rate is 2 Citi reward Points to 1 Velocity Point, with a minimum transfer of 2,000 Citi reward Points in 1-point increments.
If you travel overseas or make regular online transactions in foreign currency, then the Citi Premier Credit Card can be a good way to earn Citi reward Points from international spend. Note that this card attracts a 3.4% overseas transaction fee, so consider if this fee is worth the points earned.
Provided your card account remains open and in good standing (for example – your account is not in default, suspended or closed), your Citi reward Points will not expire.
Using points
Transfer points to Velocity Frequent Flyer
When you opt-in to Points Autosweep4, your Citi reward Points will automatically convert to Velocity Points each month.
Velocity Points can be redeemed for domestic and international flights with Virgin Australia. You could also redeem Velocity Points for flights with Virgin Australia’s partner airlines, including Qatar Airways, United Airlines, Air Canada, Singapore Airlines, ANA, Hawaiian Airlines and more.
We’ve covered the best ways to redeem Velocity Points in our guide.
Pay with Points
There are many options for redeeming Citi reward Points, but a key feature of Citi Credit Cards is the ability to ‘Pay with Points’. This allows cardholders to use Citi reward Points to offset eligible purchases made with their card.
The redemption rate is 2,500 Citi reward Points for $10 back (0.4 cents per point), which will appear as a credit on your statement.
There are three ways to use this feature:
- Pay with Points (full amount)
- Pay with Points (partial amount via the Citi Mobile® App only)
- Spend and Redeem (real-time SMS offer)
Summary
Pros
- Earn up to 2 Citi reward Points on eligible spend
- Two complimentary airport lounge visits each year when you enrol with Priority PassTM
- Exclusive cardholder discounts and benefits
- Access to Complimentary International and Domestic Travel Insurance2
- Complimentary Mobile Phone Insurance3
- Compatible with Apple Pay, Google Pay and Samsung Pay Support
Cons
- Overseas transaction fees apply
- Points-earning rate capped at 200,000 Citi reward Points over a 12-month period
- High interest rate on purchases (this is a potential issue if you think you’ll be unable to repay your balance in full each month)
Frequently Asked Questions (FAQs)
To apply for a Citi Premier Credit Card, you would need to be a Permanent Australian resident, aged 18 years or older. You’ll also need a mobile phone, 2 forms of identification as well as proof of income.
The minimum credit limit is $10,000.
Citi reward Points do not expire provided that your account remains open and in good standing and is not in default, suspended or closed.
Yes, you can link your Citi Premier Credit Card to contactless payment solutions like Apple Pay, Google Pay and Samsung Pay.
Yes, you can add up to four additional cardholders aged 16 years or older at $0 annual fee per additional cardholder.
