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?
$7,000 within 90 days — about $2,333 per month.
Can I get the card?
The minimum credit limit is $10,000. 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?
I do not have an end date for this offer.
Should I keep it after the first year?
Keeping the card costs $300 each year ($300 annual fee) — the first year was $300.
The year-two bonus is 30,000 CitiRewards points.
Ongoing earn: 1.00x CitiRewards points per $1.
Keeping pays off only if you meet the second-year conditions and use the points and benefits enough to cover $300/yr.
63,500 Velocity points at 1.7¢ a point − $300 in first-year fees. This is flight value, not cash. It assumes you earn the bonus and pay in full.
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.
Did this help you make a decision?
Terms and evidence
Full current terms
Offer terms
First Year Points
120,000 points
CitiRewards
Second Year Points
30,000 points
With $300 annual fee
Minimum Spend
$7,000
within 90 days (about 3 months)
Ongoing Earn Rate
1.00x points per $1 spent
Fees
First Year Annual Fee
$300
Ongoing Annual Fee
$300
From year 2 onwards
Purchase Interest Rate
21.00% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
Offer terms history (4 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 3
Changes from terms version 2
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 expiration3 years ago
- Offer extended to 30/04/243 years ago
- Offer extended to 25 October 20233 years ago
- Spend increased from $4k to $7k4 years ago
- Bonus increased from 130k to 150k first year, 50k second year, offer extended to 31/01/234 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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