This page is my best effort to summarise the card's terms from the information I found. Read the bank's terms for full details, or contact the bank if you have questions.
I'd like to use my bonus for:
Can I get this?
This offer is advertised to the public. Bonus conditions and the bank’s approval requirements still apply.
Can I get this bonus if I have held a card before?
I have not checked the waiting period for this bonus.
See the waiting rules for every Australian bank →What must I spend?
$10,000 within 90 days — about $3,333 per month.
Can I get the card?
The minimum credit limit is $20,000. This is the least the bank may let you borrow.
I do not have a minimum income for this card.
Meeting the bonus rules does not mean the bank will approve your application. The bank must assess and approve the card separately.
How long is this available?
The listed end date has passed: 23 October 2025. Date comparison uses the Australia/Sydney calendar. The issuer’s closing time and timezone are not recorded. Check availability with the issuer.
Should I keep it after the first year?
Keeping the card costs $749 each year ($749 annual fee) — the first year was $749.
There is no bonus in year two. The fee buys points on your spending, plus the card's perks.
Ongoing earn: 0.50x Qantas points per $1.
Keeping pays off only if the ongoing earn and benefits are worth $749/yr to you.
$625 in Woolworths gift cards (129,450 of 130,000 Qantas points; 550 left over) − $749 card fee. Assumes you earn the bonus and pay in full; extra spend or interest changes the outcome.
This offer has ended. I keep this page so you can check the old terms.
What this calculation assumes
- You make the required purchases and the bonus is paid.
- You pay the balance in full — any interest changes the outcome.
- The required spend is ordinary planned spending, not extra cost.
- You close the card before the next annual fee, or you decide keeping it is worth that fee.
- Gift card prices can change. I check them again at renewal time.
Did this help you make a decision?
Card moved to MyCard/NAB - new cards do not have bonus offers
Terms and evidence
Full current terms
Offer terms
Signup Bonus
125,000 points
Qantas
Minimum Spend
$10,000
within 90 days (about 3 months)
Offer Expires
October 23, 2025
a year ago
Ongoing Earn Rate
0.50x points per $1 spent
Fees
First Year Annual Fee
$749
Ongoing Annual Fee
$749
From year 2 onwards
Purchase Interest Rate
22.49% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
Offer terms history (2 versions — old terms, for checking)
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Changes from terms version 1
First recorded terms
Captures behind the selected terms record — evidence for these terms, not a complete history of the named offer.
Archived notes
Earlier notes about this offer, kept as an archive — not current terms. Note dates are separate from terms publication dates.
- Expiration changed from 30/04/24 to no expiration, Notes from Make sure you check with Citi if this offer is still valid before applying - "This offer is valid until 31 January 2023. Post this advertised date; we reserve the right to continue, withdraw or change the offer at any time without notice." to The bonus Qantas Points will be credited to your Qantas Frequent Flyer membership account within 2 months of meeting the spend criteria. Your Citi Prestige Qantas Credit Card must remain open, in good standing (for example – your account is not in default, suspended or closed) and enrolled in Citi Qantas Rewards for the bonus Qantas Points to be awarded.3 years ago
- Offer extended to 30/04/243 years ago
- Offer extended to 25 October 20233 years ago
- Offer extended to 31 January 20234 years ago
- Offer extended to 30/11/224 years ago
- Offer extended from 29/06/22 to 31/08/224 years ago
Discussion
About these ended terms (published 7 Dec 2024) — not the current offer.
Community and personal tools
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