Citibank Credit Cards
Citibank issue the most credit cards globally and are a diverse Australian financial provider with competitive credit card offers. They offer a fairly comprehensive range of cards to suit different interests and annual spends.
Citibank Credit Card Offer
Enjoy a range of platinum privileges with the Citibank Clear Platinum Card which features an amazingly low interest rate on balance transfers and purchases. You will also enjoy the freedom of higher credit limits, complimentary international travel insurance, your own personal concierge service, personalised rewards program and much more.
- $49 p.a. annual fee for the first year ($99 p.a. thereafter) annual fee
- 0% p.a. for 6 months (reverts to 11.99% p.a.) on purchases. 12.99% p.a. from 1 October, 2013 on purchases
- 0% p.a. for 6 months on balance transfers
- Cash Advance Rate of 0% p.a. for 6 months (reverts to 21.74% p.a.)
- 55 days interest free
- Minimum Income Requirement of $35,000 p.a.
Comparison of Citibank Credit Cards
Citibank Debit Card and Saving Accounts
Almost everyone has heard of Citibank. They are one of the largest worldwide providers of financial products and services with a growth that is nearly unmatched. Although they have not been in Australia that long they have made their mark with a line of products that has something for everyone.
Although relatively new to Australia, Citibank has a long a storied history dating back to 1812. It began as the City Bank of New York in 1812 and became the National City Bank of New York in 1865 when it joined the national banking system in the United States. About thirty years later it was labeled one of the largest banks in the United States and soon added a foreign department. Citi was the first major United States bank to add this service which has served them well over the years.
Although Citi is one of the most recognised names in worldwide banking it has seen its share of missteps and failed endeavors over the years. The first such failure came in the 1960′s when they purchased the Carte Blanche credit card from Hilton Hotels. Within three years they were forced to sell the faltering product. They tried again in 1968 to launch another credit card under the name, “The Everything Card” but it failed to based on errors in marketing and in the budget. At that point Citi joined forces with MasterCard and in 1977 came out with another line of cards called the “Choice Card.” Unfortunately, that card was not successful either.
Eventually Citibank found credit cards and services that met client needs and were profitable for the company. One of the innovations they are most noted for is the Automated Teller Machine or ATM. In the 1970′s they discovered that their customers wanted a way to access their accounts every day of the week without the hassle of dealing with lines and customer service representatives. From this need came the ATM, which is a staple all over the world in banking.
Citibank is a subsidiary of Citigroup, a worldwide financial powerhouse. In the United States it is has the largest holdings of any financial provider. It has a worldwide client base of more then 200 million people and businesses spanning 100 nations. There are more then 1,400 offices just in the United States in popular cities like Washington D.C., Miami, New York City, and Chicago.
As a part of the community Citibank works hard to become ingrained in the culture and provide sponsorships for various philanthropic and profitable ventures. They are famous corporate sponsors of the New York Mets Baseball Stadium which is called Citi Field. They have strived to provide a similar level of community involvement here in Australia. Citi participates in programs that aim to aid in development of the Australian community and of the local residents. Some of the programs include the Workplace Giving Program, the Volunteer Program, and the Community Partnerships Program.
Citibank As A Financial Institution
Citibank offers all of the standard banking transactions, including deposits and withdrawals. In order to meet the needs of a wide variety of clients and finances Citi has many accounts to suit virtually any lifestyle. These include term deposits, cash management, and multi currency accounts. They also provide a wide range of credit card options aimed at meeting the needs of their dynamic client base.
Citibank Credit Cards
The Citi line of credit cards has something for everyone. Each card has different spending limits and features. There are also differing levels of incomes and other eligibility standards for each card. The variety of cards makes it possible for consumers to find a card to suit their financial needs.
- Citibank Clear Platinum Credit Card – This is a low rate card that features an ongoing low interest rates as well as a relatively low annual fee of $65.
- Citibank Platinum Credit Card – This Platinum level card provides Platinum level services and rewards that include 24 hour a day concierge service.
As one of the largest global financial institutions Citibank is able to provide a huge variety of services and products. Customers can feel confident that Citi will be here long into the future because their hold in the world financial market is incredibly strong and constantly experiencing growth. Although they have only been in Australia since 1985 they have already made a name for themselves as one of the most trusted financial services and credit card providers. When you want to bank with a company that knows no boundaries Citibank is the perfect choice.
Find out why Citibank credit cards are so popular by checking out that they have to offer. Locate the perfect credit card for your needs with Citibank.
Citibank currently offers some of the most versatile credit cards in the country. One of the most lauded Citibank credit card is probably the Citi Clear Platinum, offering all the benefits of a platinum level credit card but with the fantastic low rates of fees of a regular card – truly a mould-breaking contribution.
Citibank is a huge financial conglomerate – considered to be one of the largest banking institutions in the world – and began way back in 1812 when Citibank was first founded. Its other banks, including Smith Barney and Salomon Brothers, were founded shortly after that. They presently operate in more than 100 countries, managing more than 200 million accounts worldwide, a million of those in Australia and New Zealand, plus around 900 local corporate clients. It has around 1,200 employees in Australia, and Citibank Australia not only offers credit cards but also home loans, personal loans, and bank accounts, and it is one of the biggest providers of superannuation funds in Australia.
The range of Citibank credit cards includes the Citi Platinum, the Emirates Citi Platinum, the Citi Clear Platinum, the Citi BP MasterCard, the Citi CashBack, and the Citi Business. All types are customer are therefore catered for, including the frequent flyer with the Emirates Citi Platinum, which allows points to be accumulated towards a wide range of rewards via the Emirates Frequent Flyer program.
Choosing a Citibank credit card is a simple matter of establishing which one best suits your needs, checking the eligibility criteria, and making a quick online application. Whichever card you select, you can be assured that you will enjoy the backing and customer services of a truly global organisation with the history and expertise to create a positive experience.
Guide To Applying For Citibank Credit Cards
Once you have reviewed all the features offered by the great variety of Citibank credit cards, as detailed on their website, and you wish to go ahead with an application, you must first of all fulfil the following criteria:
- You must be at least 18 years old.
- You must have a good credit rating.
- You must satisfy the income eligibility criteria for the specific card you have chosen.
Information Required When Making A Citibank Credit Card Application:
A Citibank credit card application carried out online is a simple process, provided you have all the information you need at hand. This includes:
- Your full name, address, date of birth, email address and contact telephone numbers.
- You main occupation and present employment status.
- The current state of your finances, including your income, your expenses and any major assets you own.
- If you are self employed, the name of your accountant, the company they work for, and their contact telephone number.
- If you intend to make a balance transfer from another card, you must provide the name of the credit card issuer, the type of account, the account name, the account number, and the amount you wish to transfer.
The whole online application process for a Citibank credit card should take approximately ten minutes. Once you have submitted your online application, you will receive an email giving you an answer in principle within just sixty seconds, and a unique Application Reference Number. Then, as the process continues, you will be able to log in and see how things are progressing.
What Happens Next?
If Citibank needs any further information, they will make contact via the telephone number you have provided. If you are an employed individual, it will help speed the process along if you forewarn your payroll people that Citibank will be requesting confirmation of your income.
If you are brand new customer with Citibank, before you can be finally approved for a Citibank credit card, you will need to go through an identity verification process, as mandated by the Australian government. You will need to take the appropriate supporting documents into a Citibank branch so that a Citibank representative can confirm both your identity and any further information you provided online.
Citibank credit card application faq:
1. What is the application process? To apply for a Citibank credit card all you have to do is choose the card that best suits you and apply for it online. You will need to provide your personal information including full name, address, date of birth, email, and phone numbers, and employment information. Financial records that include your gross annual income, your monthly income and your expenses and if you are self employed the contact information for you accountant. Those applicants who plan to do a balance transfer will need to provide the name the account is held in, the account number, the amount to be transferred, and the name and address of the organisation that holds the debt currently.
2. Is the application process long? No. It should only take about 10 minutes to fill out the form. Once you submit it you will have a response within minutes.
3. Is there a way to speed up the application process? Ensure that all of your information is correct including phone numbers for yourself, your employer or your accountant so that Citibank can verify the data you have provided.
4. Can I check the status of my application? Yes. After you submit your form you will get an email with a reference number that you can use to check the status of your application on the web.
5. What do I have to do to switch my accounts? This one of the common Citibank credit card frequently asked questions. Once you have applied for a credit card and gotten approval you should notify the organisations to whom you have direct debits of your new account. Once you are certain that every thing has gone through you will need to cancel your old account. Be sure to leave enough money in your old account to cover any bills that might come through during this process.
6. What are balance transfers? A balance transfer is when you move the debt from an existing credit card to a new credit card. This is usually done to save money on interest and pay down your debt more quickly. If you are applying for a new account you can do the balance transfer along with your application. Citibank requires a minimum transfer of $500. Each card offers different interest rates and promotions on balance transfers so you should carefully examine each one.
* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from. ‘Best and ‘Top’ are ratings which are subject to our consideration and is not rated against all Australian credit cards. We recommend you take this information into account when comparing credit cards.
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|HSBC Credit Card||Bankwest Zero Platinum Credit Card||Virgin Flyer Credit Card||ANZ Low Rate
0% p.a. for 6 months
on balance transfers & no annual fee
0% p.a. for 9 months on balance transfers & platinum benefits
0% p.a. for 8 months
0% p.a. for 9 months
on balance transfers & low rate
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