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200,000 bonus Velocity Frequent Flyer Points

citi Prestige Credit Card (Velocity Points Offer)

Balance transfer

22.99%

Purchase rate

22.49%

Annual fee

$700 per year

Earn 200,000 bonus Velocity Frequent Flyer Pointswhen you spend $12,000 on eligible purchases in the first 3 months from approval and keep your card open for over 12 months.

Highlights

Earn 3 Citi Reward points per $1 spent on eligible transactions made overseas or online with a store that is based overseas.

Earn 3 Citi Reward points per $1 spent on eligible transactions made directly with major: airlines, hotel chains and restaurants in Australia.

Earn 2 Citi Reward points per $1 spent on eligible transactions made directly with major: supermarkets, petrol outlets and national retailers.

Earn 1 Citi Reward points per $1 spent on eligible transactions made locally.

Main features

Rate type	Rate %	Duration
Balance transfers	22.99% p.a.	-
Purchases	22.49% p.a.	-

Fees

Fee type	Fee %	Min fee $
Cash advances	-	-

Fixed Fees

Fixed fees	Fee $	Fee amount
Annual fee	$700	per year
Monthly fee	-	-

More information

Citi Rewards Credit Card features and benefits:

Earn 150,000 bonus Velocity Points when you spend $12,000 on eligible purchases in the first 3 months from approval and enrol in Points Autosweep, and another 50,000 bonus Velocity Points when you keep your card open for over 12 months.

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).

$100 cashback from Uber Premier.

Receive unlimited complimentary access to over 1,700 Priority Pass™? lounges around the world for you and one guest.

Enjoy 10% off Limited Time LUX Exclusive hotel offers (up to $500) and international tours (up to $250) booked by 1 March 2026.

$10 monthly cashback with BINGE.

Terms & conditions

New Citi Prestige credit card customers only and cannot be used in conjunction with any other offers. To be eligible to receive 150,000 bonus Velocity Points (automatically redeemed from 300,000 Citi reward Points), you must apply for a new Citi Prestige Credit Card before the offer is withdrawn, spend a minimum of $12,000 on eligible purchases using your new card within 3 months from approval and provide your Velocity membership number to us to enrol in Points Autosweep. To redeem Citi reward Points for Velocity Points you must be a Velocity member and advise us of your Velocity number prior to redemption. Velocity membership and Points earn and redemption is subject to the Velocity Terms and Conditions, as amended from time to time, available at velocityfrequentflyer.com.

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