Card

Citi Rewards Card - Velocity offer

Offer

Citi Rewards Card - Velocity offer

Public offer

Selected terms version

Ended. These terms are no longer available.

Published 30 Jun 2024

View current offer terms Offer terms history

$199 first year annual fee

80,000 points

$2,000 min limit

1.00 points per dollar

Spend $5,000 in 90 days

This offer is currently unavailable.

Source wording history

Offer terms

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.

I'd like to use my bonus for:

Supermarket Gift Cards Virgin Australia Singapore Airlines

Craig's Analysis

+80,000sign-up bonus

+5,000from $5,000 spend

=85,000CitiRewards points

→$400in Woolworths or Coles gift cards

−$199first-year fees

=$201first-year value

Bonus Difficulty

Moderate

●●○

$56 per day required

First Year Cost

$199

annual fee

Bonus Value

$400

85,000 points redeemed in Woolworths or Coles gift cards

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 →

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."

Offer terms history

These are published versions of this offer's terms. Each version preserves the conditions available at that time.

Terms version 1

Ended

Published 30 Jun 2024

Ended 1 Nov 2024

First recorded terms

Bonus Velocity:

80,000

Annual Fee:

$199

Minimum Spend:

$5,000 in 90 days

Saved notes

Earlier notes about this offer. Note dates are separate from terms publication dates.

Expiration changed from 30/04/24 to no expiration
3 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
4 years ago
Offer extended to 31 January 2023
4 years ago