Citibank Gold Credit Card – Details and Application

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1. 1
   Annette Marshall June 15th, 2011 at 10:44 am

   Is there a limit on how much can be transferred?

2. 2
   Jeremy June 15th, 2011 at 11:26 am

   Hi Annette

   Thanks for your comment.

   When doing a balance transfer, you can only do a balance transfer up to the approved credit limit assigned to you when you apply for the card. The credit limit you receive will depend partially on your current income and other criteria for the credit application.

   Cheers

   Jeremy

3. 3
   amelia July 4th, 2011 at 1:45 pm

   Citibank Gold Credit Card the $149 annual fee, how is this charged to your new credit card on approval and if so does it begin accruing interest if you are applying for a balance transfer

4. 4
   Peter Davidson July 4th, 2011 at 4:58 pm

   Type Your Question Here

   When making my application can I save it at any time & come back later to complete it. I’m told it is usual to be able to save the application for up to 14 days.

   If so how do I do this?

5. 5
   Robyn July 5th, 2011 at 7:49 am

   Can you apply for this in New Zealand?

6. 6
   Hector July 6th, 2011 at 1:07 pm

   HI,
   I already have a Citibank credit card,
   would I be able to transfer the balance of this credit card, plus the balance of another (ANZ) credit card?

7. 7
   Jeremy July 8th, 2011 at 9:29 pm

   Hi Robyn

   Thanks for the comment!

   To apply for this credit card you need to be a permanent Australian resident.

   Cheers,

   Jeremy

8. 8
   J July 14th, 2011 at 11:15 am

   I currently have ready credit account with the citibank with 0 balance. I’d like to apply for a new visa card and have the balance from another bank transferred to it. My intention is to have one card only cuz I don’t want my current credit limit be taken into account when I apply for the new card (as this may affect my credit limit). How can I go about it to avoid this problem? Thanks

9. 9
   J July 14th, 2011 at 11:18 am

   Can’t really seem to see a big difference in the Gold and Platinum card provided by Citibank. What’s the major difference other than the annual fee :P

10. 10
    Jeremy July 18th, 2011 at 4:45 pm

    Hi J

    Thanks for your comment!

    The core differences are:
    - The credit limit on the Citibank Platinum is up to $100,000 vs the Citibank Gold which has a maximum credit limit of $60,000
    - The annual fee is $250 for the Citibank Platinum vs $149 for the Citi Gold
    - Additional cardholders for the Citibank Platinum cost $90 vs the Citi Gold where additional cardholders are $60 each
    - The Citibank Platinum is available with a Visa only, whereas the Citi Gold is available as a Visa or MasterCard
    - The minimum income to apply for the Citibank Platinum is $40,000 p.a. vs the Citibank Gold which has a minimum income requirement of $30,000 p.a.
    - Frequent Flyer Options: Citibank Platinum can be redeemed for Velocity and Kris Flyer, and also has the option for joining Citi Qantas Rewards, whereas the Citi Gold only has the Kris Flyer and Velocity options.
    - Extended Warranty on your purchases is available only with the Citibank Platinum
    - The Citibank Platinum Visa has a personal 24/7 concierge service through Platinum Visa

    Hope this comparison helped!

    Cheers

    Jeremy

11. 11
    Emily July 23rd, 2011 at 9:04 am

    I am a bit confused about the “Permanent Australian Resident” – does this mean as a New Zealander living and working in Australia I would not be eligible for this credit card?

12. 12
    Jeremy July 25th, 2011 at 10:34 am

    Hi Emily

    Thanks for your comment – I’d suggest asking this question to Citibank customer service directly.

    Cheers

    Jeremy

13. 13
    Tina July 26th, 2011 at 11:35 am

    Is it possible to transfer balances from personal loans at all or only credit card balances from other lenders?
    If it is possible to transfer personal loan balances, can you advise me whether I am able to transfer balances specifically from GE Finance and Esanda Finance?
    Regards,
    Tina

14. 14
    Jeremy July 26th, 2011 at 4:46 pm

    Hi Tina

    Thanks for your question.

    Yes it is possible to transfer your existing personal loans to the Citibank Gold Credit Card. As far as I’m aware, those providers would be ok – however you are best to check with Citibank with this specific question.

    Cheers

    Jeremy

15. 15
    Viki July 27th, 2011 at 11:26 pm

    Is there any extra charge if I switch to other bank credit card before 15th month maturity?

16. 16
    Jeremy August 2nd, 2011 at 9:22 am

    Hi Viki

    Thanks for your comment

    In order to avoid interest charges and fees, you will need to call Citibank prior to the 15 month mark to ensure you get the full amount you require to do a balance transfer, avoiding interest charges. You also need to allow enough time to get your new credit card, and also take in to account the time it takes to do a balance transfer from the new card to Citibank.

    It is important you seek financial advice before making a decision on which credit card to apply for, and also regarding your question.

    Cheers

    Jeremy

17. 17
    Matt August 10th, 2011 at 4:04 pm

    Can I get an indication of how much credit you would give me for a balance transfer without actually applying for a card ?

18. 18
    Emma Walker August 10th, 2011 at 6:22 pm

    if i have 60,000 worth of cc debt, can i transfer the whole sum to this card at he balance transfer rate above for 15 months? what is the limit? there seems to be two limits listed here.
    my income is around $80000

19. 19
    daniel August 22nd, 2011 at 2:26 pm

    are existing citibank credit card holder eligible for the 1.9% 15 month balance transfer offer?

20. 20
    Jeremy August 22nd, 2011 at 4:09 pm

    Hi Daniel

    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 :)

21. 21
    Jack August 27th, 2011 at 8:33 pm

    how long does it take for the transfer to occur

22. 22
    Jeremy August 31st, 2011 at 4:29 pm

    Hi Jack

    Thanks for your comment – a balance transfer request can take up to 10 business days to process.

    Cheers

    Jeremy

23. 23
    Alison Henderson September 6th, 2011 at 9:53 am

    Hi Just filled out online form and nothing seems to have happened have i done something incorrect

24. 24
    Eva September 18th, 2011 at 10:41 pm

    Can I transfer from 2 different cards into this one

25. 25
    Jeremy September 21st, 2011 at 3:01 pm

    Hi Eva

    Thanks for your question

    Yes you can transfer multiple credit cards, subject to meeting Citibank’s lending criteria

    Cheers,
    Jeremy

26. 26
    Helen September 26th, 2011 at 12:51 pm

    what is the interest rate after the 15 month period.

27. 27
    Matt October 21st, 2011 at 7:40 pm

    Hi

    I already have a credit card that I transferred the balance too almost 12 months ago. Is there anything stopping me then transferring that balance to the Citibank card?

28. 28
    Jeremy October 24th, 2011 at 11:11 am

    Hi Matt

    Thanks for your comment

    If you were to transfer to another Citibank credit card, you have to leave 9 months between applying for another Citibank credit card.

    Normal Citibank credit card application criteria will apply – when you click the “Apply” button it will bring up application criteria for each card. Generally speaking, the main difference between each card’s application criteria will be the required minimum income. Platinum credit cards from Citibank generally have a higher minimum income requirement.

    Hope this helps

    Cheers
    Jeremy

29. 29
    Jeremy February 28th, 2012 at 1:23 pm

    Hi Emma,

    The Citibank Gold Card is no longer available for application. The Citibank Clear Platinum Card offers a balance transfer, the rate information is available in the review above. The limit of a balance transfer is generally 90-95% of the upper credit limit of your card.

    Cheers.
    Jeremy

30. 30
    Jeremy February 28th, 2012 at 1:29 pm

    Hi Matt,

    The maximum limit for a balance transfer is 90-95% of the upper credit limit, so it depends on how much credit Citibank extends to you based on their assessment of your credit card application. Hope this answered our question.

    Cheers,
    Jeremy

31. 31
    Jeremy March 6th, 2012 at 11:28 am

    Hi,

    Please check with the institution who is handling your application and quote the application reference number for clarification. Thanks.

    Cheers,
    Jeremy

32. 32
    Jeremy March 6th, 2012 at 11:36 am

    Hi Eva,

    Yes you can consolidate the outstanding balance from two credit cards into one. Thanks for your question.

    Cheers
    Jeremy

33. 33
    Jeremy March 6th, 2012 at 11:44 am

    Hi,

    The interest rate reverts back to the standard cash advance rate. Cheers.

    Jeremy

34. 34
    Gregory Lee May 5th, 2012 at 8:47 pm

    please outline the health coverage included in the travel insurance included when i purchase my airline tickets using my card.

35. 35
    Jeremy May 18th, 2012 at 1:23 am

    Hi,

    This card is no longer available for application through our site. Cheers.

    Jeremy