Citibank Clear Platinum Visa Card – Details & Application
What happens when I click Apply Now?
- Clicking Apply will take you to your Online Application on the bank's website. You do not need to be an existing customer of this bank to apply.
- Your application will typically take you no more than 10-15 minutes to complete
- Once approved, you will receive your credit card in the mail within 1-2 weeks
Pros
- One of the only cards currently offer a 0% on balance transfers for 12 months
- Includes complimentary travel insurance and purchase protection
Cons
- At the end of the balance transfer period, the interest rate reverts to the cash advance rate
- Being a platinum card, there is a higher annual fee than other low interest credit cards in the market. It is however one of the lowest annual fees for a platinum credit card
Overall
One of the most competitive credit card offers currently available in the market. It's important you manage your spending wisely, and keep track of your balance transfer to make the most of this credit card offer.
Interest Rates, Fees & Charges
| Balance Transfer Rate |  |
0% p.a. for 12 months with 3% balance transfer fee |
|---|---|---|
| Interest Rate on Purchases | |
11.99% p.a. |
| Annual Fee | |
$99 |
| Interest Free Period | |
up to 55 days |
| Cash Advance Rate | |
21.74% p.a. |
| Card Type | |
Platinum |
| Minimum Income Requirement | |
$35,000 p.a. |
| Credit Card Type | |
Visa |
| Rewards Program | |
Yes |
| Additional Cardholder Fee | |
$19 p.a. |
Combine both low interest and a platinum reward’s program and you have the Citibank Clear Platinum Visa Card – a rare breed of credit card, now offering 0% p.a. for 12 months with 3% balance transfer fee balance transfers!
Overview of the Citibank Clear Platinum Visa:
- 11.99% p.a. on purchases2
- 0% p.a. for 12 months with 3% balance transfer fee on balance transfers.
- A $99 annual fee and $19 additional for every supplementary card.
- Access to limited edition entertainment experiences through Visa Platinum Privileges5 and an exclusive Visa Concierge service6.
- Get up to 25% off on retail shopping, travel and dining through Citibank World Privileges7
- Minimum requirement of $40,000 earnings per annum for application approval.
- 24-hour worldwide Concierge services6 through Visa Platinum, helping you plan unforgettable experiences
- The peace of mind of complimentary international travel insurance4 and transit accident insurance4 for you and your family
- Extended warranty4 and complimentary purchase cover4
- Access to Citibank World Privileges7, giving you up to 25% off shopping, dining and travel worldwide
The Citibank Clear Platinum is a prestigious yet affordable credit card for anyone earning at least $40,000 taxable income per year. It is currently offering the lowest interest on balance transfers, and one of the lowest regular purchase rates. You can have up to four additional cardholders and can be added for just $19 each.
Fraudshield operates 24/7 on the Citi Clear Platinum credit card to monitor for any suspicious transactions.
Required information to apply for a Citi Clear Platinum:
Applying for the Citibank Clear Platinum credit card should take no more than 10 to 15 minutes, and the following documents are required for you to make your application:
- Your personal details, including driver’s licence number
- Your contact details, including address, phone numbers and email address
- Employment details, including time in current job
- Details of your income and expenditure
- Details of any other credit cards owned
Application criteria for a Citibank Clear Platinum:
The following eligibility criteria apply for a Citibank Clear Platinum credit card:
- You must be over 18 years of age
- You must have a good credit rating
- You must be a permanent Australian resident
- You must earn a minimum taxable annual income of $40,000
To be frank, there are a lot of sub-par offers in the Australian credit card market. Any credit card will help give you access to credit, online purchases and generally get you from A to B.
In order to really get the best financial value from a credit card, factors such as interest rates, benefits and fees need to be taken into account when comparing credit cards.
What Makes the Citibank Clear Platinum Visa Credit Card so Valuable?
As far as credit cards go, each different credit card tends to fit a ‘category’ or ‘type’ with it’s own individual stereotypical features. For instance, you’ll find that in most cases, credit cards with:
- Reward programs will have a catch of high interest rates and above average annual fees.
- Low interest rates will have a lack of rewards and benefits.
- No annual fees will have a lack of interest free days, lack of benefits and high interest rates.
Much like the Virgin credit card did when it was first introduced into Australia, the beauty of Citibank’s Clear Platinum is it steps outside of the mould. The Citibank Clear Platinum is unique as it offers, in essence, a low interest rate, competitive annual fee and benefits in the form of insurance and discounts.
The Pros and Cons of the Citibank Clear Platinum
Pros:
- A solid low interest rate credit card and it’s currently one of the lowest rates on the market.
- Instant discounts are handy and can even add up to savings which can compensate for the card’s annual fee.
- Free international travel insurance for you and your family – save the hassle of organizing insurance externally knowing it’s automatically covered by your Clear Platinum.
- It’s payment processor is Visa, which is accepted at over 24,000,000 retailers and places worldwide.
- You can enjoy the pride and status associated with a ‘Platinum’ credit card.
Cons:
- If you don’t plan to take advantage of it’s benefits, such as the travel insurance and instant discounts, you’re essentially paying $30 more in your annual fee when you could be settling for another ‘no-frills’ low rate credit card.
- Minimum annual earning requirement of $35,000 in order for application approval.
Where can I find terms and conditions and access an online application from Citibank.com.au?
To find out more about the Citibank Clear Platinum card offer, click through blow to be securely redirected to the Citibank product landing page.
Read the official terms and conditions
Terms and Conditions
Fees and charges apply. Terms and conditions apply and are available upon request. Credit criteria apply.
1. Your total balance transfers may not exceed 95% of your credit limit. The 0% p.a. interest rate applies to balances transferred with this offer at point of application, for a period of 12 months. The 12 month promotional period commences once balance transfer is processed. Transferred balances are repaid first during this period before annual fees which attract interest at the retail purchases rate. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the Citibank Clear Platinum Credit Card cash advance interest rate, currently 21.74% p.a. The current Citibank Clear Platinum Credit Card interest rate for retail purchases is 11.99% p.a. Interest rates are variable, subject to change and credit criteria. The interest rates are current as at 1 January 2012. This offer ends 30 June 2012.
2. Citibank’s Dining Program is operated by Pinpoint Pty Ltd ABN 49 002 693 656 and Zenith Wine Agencies Pty Ltd ABN 66 128 399 717 and is open to Citibank cardholders. The cardholder is entitled to receive a gift of a selected bottle of wine when using their Citibank credit or debit card to pay for their restaurant bill. This offer is available only at participating partner restaurants for dine-in customers who order a minimum of a main course and is limited to one free bottle of wine per booking. Split bills are not permitted. The free bottle of wine must be requested at the time of ordering. The free bottle of wine cannot be taken away or consumed off premises and is not available to customers selecting a degustation menu option with matching wines. The free bottle of wine specified may be out of stock or replaced. Should this occur, the restaurant will provide a similar quality bottle of wine at their discretion. The value table Assumes 6 dining experiences per year as part of the Citibank Dining Program.
3. World privilege payment must be made using a Citibank Credit Card. Up to 25% discount on Dining and Shopping available at participating outlets. Privileges cannot be used in conjunction with any other promotional programs or offers. Citibank and the business establishment reserve the right to change the terms and conditions at any time. Refer to citiworldprivileges.com/au/ for up-to-date offer details.
4. Exclusive Platinum Visa Entertainment Offers supplied by Visa. Visit visaentertainment.com.au for details.
5. Exclusive Visa Platinum 24/7 concierge service supplied by Visa. Visit visaplatinum.com.au for details.
6. International Travel Insurance, Extended Warranty Insurance, Transit Accident Insurance, Guaranteed Pricing Scheme and Purchase Cover Insurance are provided automatically to cardholders under a master agreement between Zurich Australian Insurance Limited ABN 13 000 296 640, AFSL No. 232507 and Citigroup Pty Limited, and are subject to Terms and Conditions and exclusions available at www.citibank.com.au/complimentaryinsurance. An excess applies to Purchase Cover Insurance.
7. The maximum 55 days interest free period applies when you pay your balance off in full for two consecutive months. If you carry a balance on your credit card from month to month, the 55 days interest free period does not apply and you are charged interest once you make a purchase. No interest free period is available on Cash Advances or Balance Transfers.
8. Actual credit limit will be assigned based on our credit criteria, your credit rating, and subject to confirmation that you earn a minimum of $35,000 per year. Credit limit is up to $25,000 at point of initiation. Over time, you may apply to increase your credit limit up to $60,000, if you satisfy our credit criteria.
Read the Citibank Clear Platinum Card terms and conditions.
| Minimum Income | $35,000 | |
|---|---|---|
| Minimum Age | 18 years of age | |
| Available to Temporary Residents | No | |
| Credit Rating Requirement | Good | |
| Min Credit Limit | $8,000 | |
| Max Credit Limit | $60,000 |
| Annual Fee | $99 p.a. | |
|---|---|---|
| Balance Transfer Fee | 3.00% | |
| Minimum Repayment | 2.00% | |
| Interest Charged From | Purchase Date | |
| Late Payment Fee | $40 | |
| Over Limit Fee | $40 | |
| Overseas Emergency Replacement | $0 | |
| Overseas ATM Balance check | $0 | |
| Overseas ATM Withdrawal | $5.00 | |
| Foreign Currency Conversion Fee | 3.30% | |
| Gambling Transactions Allowed | No | |
| Gambling Transactions Interest Rate | 0.00% |
| Rewards Points per Dollar | Visa:0 Point(s) |
|---|
Is there a fee for transactions made overseas on this card?
Hi Jane
Thanks for your comment.
A Visa International Transaction Fee applies at 3.3% of the transaction amount, charged for any transaction made in foreign currency.
Cheers,
Jeremy
Can I transfer my balance of $5,600 from my existing BP-Citibank card to the Platinum Clear card?
In other words, is this offer for non-Citibank customers only?
Hi Mike
Thanks for your comment!
If you are an existing Citi Credit Cardholder, you must have held your current Citi account for at least 9 months before you can apply for another Credit Card. You will still also need to meet the normal criteria for application.
Hope this helps :)
Cheers,
Jeremy
How long is this offer available for?
In note 2 it says ’2. The 0%p.a. introductory interest rate will only apply to retail purchases’. What is defined as a ‘retail purchase’? Will I be able pay my rent using this credit card and receive the 0% interest offer for the first 6 months?
Hi Candice
The terms and conditions aren’t currently stating an end date for the offer. However, from our past experience offers like these are available for a limited time only.
Cheers
Jeremy
I do not have a drivers licence but i am a citizen of australia, can i apply for a credit card. the online application wants a drivers licence number
Hi Asuri
Thanks for your comment
The drivers license field in the application form is not required. So long as you meet all the other criteria, and can provide enough proof of identity if they ask for it, a drivers license is not needed.
Cheers
Jeremy
Hi Phil
It depends on the receiving party for the rent. If the rent payment is direct to a bank account, then it would likely be considered a cash advance. If it is to a real estate agent, it may recognised as a “purchase” payment.
I am working on getting a clearer definition on Retail Purchases for you and will update you as soon as I have
Cheers
Jeremy
Can you tell me more about travel insurance? If I travel in South America for three months, what will it cover me for? Is it just ‘credit card travel insurance’ or does it cover flights/hotels/illness/accident, all those travel things? Do you have to book things on this card to have them covered?
Hi Jeremy, I found this in the Citibank brochure:
Interest on Retail Purchases
You make a retail purchase when you purchase goods or
services using your Citibank Credit Card. Bill payments,
fees, charges, and expenses are retail purchases for the
purpose of calculating interest.
Interest on Cash Advances
A cash advance transaction is any transaction where
cash or its equivalent is obtained, for example,
telegraphic transfer or purchase of travellers cheques.
From the above I’m under the impression that paying my rent as a credit card payment directly to the real estate agent is the equivalent to paying a bill and therefore a ‘retail purchase’. Let me know if you agree.
Thanks for your assistance
Hi Ashley
Thanks for your comment
Here is a PDF with details on the Citibank Clear Platinum Insurance Cover: Description of Insurance Cover for Citibank Clear Platinum Cardholders
Cheers
Jeremy
Can you confirm
Citibank Clear Platinum Visa Card
Say$10,000 balance transfer initially
$$2,000 per month for 5 months and no fees are payable if on the 6th month moneys owed are paid?
if i pay off the credit card balance transfer in the 0% interest rate time frame can i cancel the credit card with out any charges or penalties
I am a retiree pensioner can I apply for a Platinum card
Hi Phil
I have just been made aware that the Citibank Clear Platinum card has a program called rental rewards, a specific rent payment program. This basically allows cardholders can register any agent and pay for the rent on their card therefore making it a retail purchase.
Cheers
Jeremy
Does this card give you Qantas Frequent Flyer points and if so how many points per $1
Hi Adele
Thanks for your comment.
Unfortunately, you cannot earn Qantas Frequent Flyer points with the Citibank Clear Platinum Visa.
Cheers
Jeremy
If I pay off the balance transfer amount in full upon the expiry of the 6 months interest free period, will there be any charges? TQ
Hi Calvin
In order to avoid paying any interest or fees, it would be important that you communicate with the bank prior to the end of the balance transfer period, to get the complete amount you need to repay to ensure that interest isn’t charged at the revert rate.
Cheers
Jeremy
what is the maximum amount that i can borrow?
Hi Paula
Thanks for your comment!
The maximum credit limit on the Citibank Clear Platinum Visa is: $50,000 subject to credit criteria.
However, you will be subject to lending criteria, and your final approved credit limit may not be $50,000. After completing your online credit card application, Citibank will advise the credit limit you have been approved for.
Cheers
Jeremy
hi
i just started new job for 2 months as a constractor.am i eligible?
Hi Win
Thanks for your comment
In your case, you are probably best speaking to a Citibank representative regarding your application, and whether or not you meet the credit application criteria.
Cheers
Jeremy
if i get a credit card now will i be charged full $ 49 for this year2011,or it is charge to july11 to july12. can you please send me an application form to my email.. i do not like to apply online………..
Can I transfer a balance from a credit card in my name (my wife does have a joint card but it is not a joint account) to a new card in my wife’s name? Unfortunately just lost my job so I won’t meet new credit card application criteria but we need to transfer the balance somewhere until I get a new job.
Dear Credit Card Finder®,
Can I apply/obtain & use a interest free credit card until only the interest free period ends – then pay the balance, close the account – and apply/obtain another interest free credit card & do the same thing over & over?
Or is there some kinda contract that doesn’t let you use the banks the way they use us?
Ms R.
Can balance transfer be used for balance owing on a commercial vehicle in my private company’s name? (My broad details are: annual income $78,000 / current credit card balance zero / loan amount on commercial vehicle $25,000).
With thanks
Damien
Does this card entitle you citibank dining rewards with free bottle of wines and points within all there partners?
Hi Damien
Thanks for your question
Citibank offer the option of balance transferring any existing personal loan or credit card. With regards to this request, you are best to speak to Citibank customer service directly as there may be an issue if the loan you are transferring to is not in the same name as the credit card application.
Cheers,
Jeremy
Hi Ms. R
Thanks for your question
You certainly can do this, but you have to be organised to make sure you repay the balance on time to avoid interest charges. This is actually called “credit card tarting”
Cheers
Jeremy
Hi Vaughan
Thanks for your question.
In most cases, the credit account you want to transfer must be in the name of the Citibank credit card primary account holder.
Cheers
Jeremy
Hi Carmelo
Thanks for your question
You must earn a minimum taxable annual income of $40,000 in order to apply for the Citibank Clear Platinum Visa.
Cheers
Jeremy
HI Michele
Thanks for your comment
You would need to find out the amount for the final payout figure of the credit card, in order to properly close the account without paying interest charges and fees.
Cheers
Jeremy
can i get the interest free terms when i already have a credit card with you
Hi Todd
Thanks for your comment!
If you are an existing Citi Credit Cardholder, you must have held your current Citi account for at least 9 months before you can apply for another Credit Card. You will still also need to meet the normal criteria for application.
Hope this helps :)
Could I transfer a balance from a cc that is outside Australia and in foreign currency?
do you have to pay for travel with the card to be covered with travel insurance?
Hi John
Thanks for your question
You will be eligible for travel insurance if you purchase your overseas travel ticket (but not taxes or airport or travel agent charges) prior to the commencement date of your journey by one of the following methods:
1. Cost charged to your eligible credit card account
2. Obtained by you under the Citi Take Flight® program
Cheers
Jeremy
Hi Mary
As far as I’m aware, most banks in Australia will only do a balance transfer it is to another Australian financial institution
Cheers
Jeremy
When Transferring a balance from a non Citibank Visa card, is this other card automatically closed? In other words, does this other card remain open.
Can I join any frequent flyer rewards program with this card?
Hi Anton
Thanks for your question
One the balance transfer has been completed it is your responsibility to close the other account. Citibank can’t do this on your behalf.
Cheers
Jeremy
Hi Jenni,
Thanks for your question.
There is no frequent flyer rewards program currently available with the Citibank Clear Platinum Visa.
You can review our frequent flyer credit cards here: http://www.creditcardfinder.com.au/frequent-flyer-credit-cards
Cheers,
Jeremy
Can you tell me more about travel insurance? If I travel in South America for 1 month, what will it cover me for? Is it just ‘credit card travel insurance’ or does it cover flights/hotels/illness/accident, all those travel things? Do you have to book things on this card to have them covered?
Can you tell me more about travel insurance? If I travel America for 1 month, what will it cover me for? Is it just ‘credit card travel insurance’ or does it cover flights/hotels/illness/accident, all those travel things? Do you have to book things on this card to have them covered?
Hi Jeremy Im just wondering after the 6mths the interest rate will be 11.99%, how long is this for?
Regards Janet.
I want to do a credit transfer from my existing bank to Citi i have changed jobs from being a contractor to a now permanent role i have only bee with this company 2.5 months whats the chances of this being possible i earn over $100,000 pa and have a good credit history
Hello …. My husband and I both want to be on the credit card application …. but on the application there is only room for one persons details …. can we both go on pls ???
Thanks
Kerry
can you transfer debt from an international Citibank card??
Is there a cancellation fee once all there is no money owing?
Hi Alisha
There is no cancellation fee. When you go to cancel any credit card, you need to ask for a payout figure from the bank and pay that amount in full.
Be careful though, because your card can stay open in some cases if you have direct debits etc. that happen after you have done your final payout and requested to have your card cancelled.
Cheers
Jeremy
What is the pay out figure based on?
can i cancel the card at any time if the balance is zero
Hi Trevor
In order to cancel any card you will need to ask for the payout figure from the bank, and once all outstanding amounts are paid you are able to close the account. Just a note – make sure you change your direct debits when cancelling your card also!
Cheers
Jeremy
What is the maximum amount allowed on the balance transfer?
Hi, is it possible to transfer a personal loan to your credit card?
There are 2 questions. What is the amount charged if the credit card is not paid on time? The interest rate on the balance transfer, is that only apply on the transfer of the money to the new card or does it apply on the amount transferred until it is payed off?
Hi Aileen
The Late Payment Fee is $10 which is charged when the Total Minimum Payment Due is not paid by Payment Due Date and every 7 days thereafter until the Total Minimum Payment Due is made.
In regards to the balance transfer rate – this applies for the balance transfer period only, not until it is paid off.
Cheers
Jeremy
Hi Tracey
Thanks for your comment.
With the Bank of Melbourne you can transfer the balance of any store, charge or non Bank of Melbourne credit card.
Citibank credit cards allow any account balances from other financial institutions/stores, such as:
- Visa and MasterCard (all banks)
- Most store cards (e.g. David Jones and Myer)
- Personal Loans
- Lines of credit
Cheers
Jeremy
Dear Sirs,
I currently have 3 credit cards which I would like to consolidate into 1 Clear cad with low interest rate for 12 mths. This includes a Citibank Platinum Card, a citibank clear card (with a credit balance)
Hi Terrence,
Yes you can consolidate your cards into one. The Citibank Clear Platinum Visa Card offers a special balance transfer rate – by consolidating your cards into one, you will pay a lower rate of interest on your existing debt ultimately saving you money; however, make sure to get the outstanding amount paid off before the balance transfer rate reverts back to the cash advance rate. Thanks for your question. Cheers.
Jeremy
Could you please tell me what the Minimum Credit limit is on the Citibank Clear Platinum Credit Card- thank you.
If a credit card has a min card limit for example of $8,000 can the card holder purchase items under this amount i.e. for $3,000?Also, is the Min Credit Limit of the Citibank Clear Platinum Credit Card $8,000? Im new to the credit game- thanks. Thanks again
Hi,
I currently have a NAB card, have $14K on my credit card and am finding I’m not getting far on my repayments due to interest. Would this card be the right one for me?
Thanks,
Emma
Hi,
95% of the credit limit assigned to your credit card account on completion of the online credit card application. Cheers.
Jeremy
Hi Emma,
Balance transfers are a great tool for someone in your position who is not achieving the results they would have hoped of due to high interest repayments. This card does have a great introductory period for balance transfers but check all the balance transfer credit cards here – http://www.creditcardfinder.com.au/balance-transfer-credit-cards – to be sure you have found the right card for you. Thanks.
Cheers
Jeremy
Hi,
The minimum credit limit on this card is $8,000 and you are able to make purchases under that credit limit. Cheers.
Jeremy
Hi,
The minimum credit limit for this card is $8,000. Please refer to our review page for further information. http://www.creditcardfinder.com.au/citibank-clear-platinum-visa-credit-card-details-application.html
Cheers
Jeremy
Hi,
No. Balance transfers can only be performed between two Australian credit cards from different financial institutions. Cheers.
Jeremy
Hi Nick,
Please refer to the terms and conditions of the Citibank Clear Platinum card for further information about limitations of the travel insurance cover – http://www.citibank.com.au/CardsOnline/clearplatinum/movie.htm?Code=T1C9BYK2 – Thanks.
Cheers,
Jeremy
Hi Janet,
Once the interest free period is finished it will revert back to the normal rate thereafter. Thanks for your question.
Cheers,
Jeremy
Hi there,
I have a personal loan of 20 000 and an interest rate of over 13% that I am really wanting to knuckle down and pay as much off of over the next few years. I see that the interest rate after the 6 month period is 11.99 which is less than my personal loan anyway. Is it possible to transfer my personal loan over and take advantage of the 0 interest and 11.99% after the 6 months and continue fortnightly repayments as I have been doing on personal loan which are automatically done through pay roll (and of course not using the credit card for other purchases). I dear i am hopeless at deciphering all of this money stuff I hope I make sense.
Hi Nick,
Citibank states that if you: “purchase your travel tickets with your Clear Platinum card and you will be covered for unlimited medical expenses, trip cancellation, loss or theft of personal items” and so on. Please refer to the product disclosure statement for further information on the conditions of the complimentary travel insurance – http://www.citibank.com.au/AUGCB/APPS/portal/loadPage.do?path=/info/det/travel_index.htm – Thanks for your question.
Cheers,
Jeremy
Hi Jeremy,
Could you confirm that cash advances will be at zero percent interest for the first six months? Could you also confirm what transactions are considered to be cash advances?
Hi I’ve tried to apply online a few times and can never get past the initial page. I’ve tried calling up about it and when I got transferred for the phone application I was hung up on. What is the best way to apply.
Thanks
With regards to the 2 for 1 movie deal, when it says voucher/tickets will be ‘mailed’ does that include email?
Hi,
Thanks for the question. The movie vouchers will be mailed out by standard post. Hope this helps.
Cheers,
Jeremy
Hi,
Please follow the link on our clear platinum review page to be redirected to a secure Citibank credit card application form. This is by far the easiest way to apply for this card, just be sure you have your personal and income details handy. Thanks for the question.
Cheers,
Jeremy
Hi Max,
Yes that is correct, cash advances will be charged at 0% interest for the first 6 months. A cash advance is: a withdrawal from an ATM a balance transfer, most online payments and gambling purchases either online or in person and considered a cash advance. Thanks for the question.
Cheers,
Jeremy
Hi,
Thanks for your question. Personal loans can be transferred to a Citibank Credit Card. If you do this you will be eligible for the low introductory rate of interest. Cheers.
Jeremy
I do have a credit card from Suncorp, Will I be eligible to apply for this credit card?
what is the maximum amount you can take out as a cash advance on this card, if you had a credit limit of the full $60,000 limit?
I applied for this card on 26/3/12 and tonight when I checked the redirected link to Citibank, the page was different to earlier. It no longer mentions the 6 months 0% interest on purchases.
Can you confirm that this offer is still correct?
can you do balance transfers at different times over the 6 months? When does the 6mths 0% start? Can i wait till 2 mths after i receive the card in the mail?
If you pay the amount off within the period and then cancel the card are there penalities.If you don’t what is the catch. Do you then back pay the interest rate.There is a catch what is it.its obvious most people won’t pay it off.
Hi I have a current CitiBank Credit card which i used to transfer a balance 1.5 years ago. I am wondering if i am still qualified for this offer as i would like to consolidate all my credit cards and use this primarily. Thanks in advance.
What is the balance transfer fee of 3% exactly? And why would my balance revert to the cash rate after 6 months when the balance transfer is for 12 months?
I tried to look at the corresponding condition, number 3 however this does not relate to the balance transfer at all! (see below)
0% p.a. for 12 months with 3% balance transfer fee on balance transfers3 cash advance rate after 6 months
3. World privilege payment must be made using a Citibank Credit Card. Up to 25% discount on Dining and Shopping available at participating outlets. Privileges cannot be used in conjunction with any other promotional programs or offers. Citibank and the business establishment reserve the right to change the terms and conditions at any time. Refer to citiworldprivileges.com/au/ for up-to-date offer details.
Hi Tony,
The maximum limit is $1000 a day for cash advances. Cheers.
Jeremy
I don’t do online banking – where can I make payments to Citibank when the nearest branch is 4 hours away by plane? :)
If i have a balance transfer which takes 12 months to pay off,do i get 55 days interest free on new purchases during that first 12 months?
Hi,
Thanks for the question. You can apply for a balance transfer at the time of the card application or you can bring an outstanding balance over after the card has been activated. For further information, please refer to our guide on balance transfers found here – http://www.creditcardfinder.com.au/how-to-carry-out-a-balance-transfer
Cheers
Jeremy
Can you transfer the amount of a personnel loan and get the interest free offer or is it just transfers from other credit cards.
Thanks for your time
Hi,
I currently have a Citibank Platinum, which I plan to Pay Off completely and order another card.
Is it possible to pay off my current card and apply for a new card so that I get another 12 months of interest free days.
Hi Cathy,
Thanks for the question. Citibank are one of the only providers who let their customers transfer the balance of a personal loan to a credit card taking advantage of the low rate of interest. Cheers.
Jeremy
Hi,
Thanks for your question. Debts that can’t be included in a Citibank balance transfer include existing Citibank account balances so unfortunately you will be unable to consolidate your existing debts if your already a Citibank account holder. Cheers.
Jeremy
Hi Eric,
If you have payed the outstanding amount in full you are fee to cancel the card at any time without penality. Cheers.
Jeremy
I currently have a joint citi fee free account with my partner. My partner has Citi platinum card under her name only, can I apply for this platinum card under my name & transfer balance ?
Hi Cheryl,
Thanks for your question. According to the Citibank website, you will still be able to receive 55 days interest free on purchases made within the 12 month balance transfer period provided that: “you pay your balance off in full for two consecutive months. If you carry a balance on your credit card from month to month, the 55 days interest free period does not apply and you are charged interest once you make a purchase.”
Cheers.
Jeremy
My husband and I both have our own seperate credit cards, can these 2 credit card balances be transfered into a joint Citibank credit card account?
Hi,
If you do not wish to pay your credit card balance electronically, you can pay through Australia Post or airmail a cheque to your nearest Citibank branch. Please note that these payment methods will take some time to be processed.
Cheers
Jeremy
Hi,
Thanks for the question. The Citibank balance transfer offer has changed in recent days. Cheers.
Jeremy
Hi,
That offer is still applicable. Thanks for the question.
Cheers
Jeremy
Hi,
Thanks for the question. As Citi provide the credit for Suncorp, it is not possible to perform a balance transfer between these two cards.
Cheers
Jeremy
Hi,
Thanks for the question. For information regarding joint balance transfer please view our guide here – http://www.creditcardfinder.com.au/balance-transfers-with-joint-primary-cardholders-guide.html – Citibank does not allow joint account holders on its cards, this is more common with St.George, BankSA and Bank of Melbourne credit cards. Cheers.
Jeremy
Hi,
The Citibank Clear Platinum pages gives the following terms and conditions: “To be eligible for the offer, you need to apply for the card by 30 June 2012. Current Citibank Clear Platinum Credit Cardholders are not eligible to apply for this introductory offer. Approved customers only. Interest rates are variable, subject to change and Citibank’s credit criteria.” The fact that you would not be a current customer may mean you can do this; however, approval is subject to Citibank’s credit criteria which may stipulate that customers can not take advantage of this offer more than once. Cheers.
Jeremy
Hi,
Thanks for the question. If you are transferring the balance from a Citibank card or account to another Citibank account it will be denied as you can only transfer the balances of non-Citibank credit cards.
Cheers
Jeremy