Image of Citi Rewards Card - Velocity offer credit card

Citi Rewards Card - Velocity offer

$199 first year annual fee
80,000 points
$2,000 min limit
1.00 points per dollar
Spend $5,000 in 90 days

Offer Details

Mid-TierOffer Ended

Signup Bonus

80,000 points

Velocity

Minimum Spend

$5,000

within 3 months

Ongoing Earn Rate

1.00x points per $1 spent

Fees

First Year Annual Fee

$199

Ongoing Annual Fee

$199

From year 2 onwards

Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.

CraigCraig's Analysis
+80,000sign-up bonus
+5,000from $5,000 spend
=80,000Velocity points
×1.7¢per point
=$1,360point value
$199first-year fees
=$1,161est. first-year value

Bonus Difficulty

Moderate

●●○

$56 per day required

First Year Cost

$199

annual fee

Estimated Bonus Value

$1360

Based on 1.7000000000000002¢ per Velocity point

Earn Rate

Excellent

●●●●

1.00x CitiRewards points per $1

Did this help you make a decision?

$201 of profit after meeting spend requirements
+ $400 Woolworths gift cards
- $199
annual fee

$200
x 2
in Woolworths gift cards, $400 total, with 1,600 points remaining.
$200
x 2
in Coles gift cards, $400 total, with 1,600 points remaining.

Can I get this bonus if I've had a card from Citi before?

We haven't verified Citi's exclusion period yet. Check Citi's current terms before applying.

See exclusion periods for every Australian issuer →


History
  • Expiration changed from 30/04/24 to no expiration
    2 years ago
  • Annual Fee changed from 90 to 199, Second Year Annual Fee from 149 to 199
    3 years ago
  • Bonus changed from 100000 to 80000, Spend For Bonus from 8000 to 5000
    3 years ago
  • Offer extended to 31/10/23
    3 years ago
  • Offer extended to 25 October 2023
    3 years ago
  • First year annual fee increased from $0 to $149, bonus increased 60k to 70k, spend requirements increased from $3k to $5k
    3 years ago
  • Offer extended to 31 January 2023
    4 years ago
Craig

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— Craig