Emirates World Mastercard
Basic
| Card Level | Card Level Premium |
|---|---|
| Interest Free Days | Interest Free Days 55 |
| Maximum credit limit | Maximum credit limit $100,000 |
| Minimum credit limit | Minimum credit limit $15,000 |
| Minimum repayment dollars | Minimum repayment dollars $30 |
| Minimum repayment percent | Minimum repayment percent 2 |
| Number free supplementary | Number free supplementary 4 |
| Annual Fee | Annual Fee $149 for 12 months then $299 |
| Late Payment Fee | Late Payment Fee $10 |
| Over limit fee | Over limit fee $40 |
| Duplicate statement fee | Duplicate statement fee $7 |
| Supplementary card annual fee | Supplementary card annual fee $0 |
| Apple Pay available | Apple Pay available |
| Google Pay available | Google Pay available |
| Samsung Pay available | Samsung Pay available |
| Card Level | Card Level Premium |
|---|---|
| Interest Free Days | Interest Free Days 55 |
| Maximum credit limit | Maximum credit limit $100,000 |
| Minimum credit limit | Minimum credit limit $15,000 |
| Minimum repayment dollars | Minimum repayment dollars $30 |
| Minimum repayment percent | Minimum repayment percent 2 |
| Number free supplementary | Number free supplementary 4 |
| Annual Fee | Annual Fee $149 for 12 months then $299 |
| Late Payment Fee | Late Payment Fee $10 |
|---|---|
| Over limit fee | Over limit fee $40 |
| Duplicate statement fee | Duplicate statement fee $7 |
| Supplementary card annual fee | Supplementary card annual fee $0 |
| Apple Pay available | Apple Pay available |
| Google Pay available | Google Pay available |
| Samsung Pay available | Samsung Pay available |
Rates
| Purchase Rate | Purchase Rate 20.99% |
|---|---|
| Cash advance rate | Cash advance rate 21.74% |
| Purchase Rate | Purchase Rate 20.99% |
|---|
| Cash advance rate | Cash advance rate 21.74% |
|---|
Balance Transfer
| Balance Transfer Rate | Balance Transfer Rate 0% for 9 months then 21.74% |
|---|---|
| Transfer Limit | Transfer Limit 80% of the chosen credit limit |
| Balance Transfer Fee | Balance Transfer Fee $0 |
| Balance Transfer Rate | Balance Transfer Rate 0% for 9 months then 21.74% |
|---|---|
| Transfer Limit | Transfer Limit 80% of the chosen credit limit |
| Balance Transfer Fee | Balance Transfer Fee $0 |
|---|
Overseas spending
| Foreign Exchange Fee | Foreign Exchange Fee 3.4% on MasterCard |
|---|---|
| Overseas charges | Overseas charges $5 |
| Estimated ATM Cost | Estimated ATM Cost |
| Foreign Exchange Fee | Foreign Exchange Fee 3.4% on MasterCard |
|---|---|
| Overseas charges | Overseas charges $5 |
| Estimated ATM Cost | Estimated ATM Cost |
|---|
Rewards
| Program name | Program name Emirates Skywards |
|---|---|
| Rewards Available | Rewards Available International Flights, Gift Card |
| Program name | Program name Emirates Skywards |
|---|
| Rewards Available | Rewards Available International Flights, Gift Card |
|---|
Eligibility
| Minimum age | Minimum age 18 |
|---|---|
| Minimum income | Minimum income $75,000 |
| Eligibility conditions | Eligibility conditions |
| Minimum age | Minimum age 18 |
|---|---|
| Minimum income | Minimum income $75,000 |
| Eligibility conditions | Eligibility conditions |
|---|
Earn Rates
| Rate | Card Type | Earns | Condition |
|---|---|---|---|
| 1.5 points for $1 spent | MasterCard | uncapped | airline tickets purchased via emirates.com |
| 1.25 points for $1 spent | MasterCard | uncapped | eligible international transactions |
| 1 point for $1 spent | MasterCard | Up to $3,000 monthly | eligible domestic transactions |
| 0.5 points for $1 spent | MasterCard | Up to $10,000 monthly | eligible domestic transactions |
Perks
- Concierge
- Special EventsEach event will be subject to separate terms and conditions
- Extended Warranty
- Free Domestic Travel InsuranceAvailable for up to 14 days when you use your card to pay for return domestic travel
- Free International Travel InsuranceAvailable when you use your Card to pay for return international travel
- Partner Discounts
- Free Travel Insurance DaysCover lasts for 14 days for domestic travel
- Price GuaranteeIf you purchase personal goods in Australia and then find the same product advertised later at a cheaper price within 60 days of purchase, from a store within 25km of the store where the item was purchased, you can claim back the difference if it is less than $500.
- Purchase ProtectionCovers up to $10,000 per item and $200,000 per year
- Rental Car Excess Insurance
- Free Supplementary Cards
- Airport LoungeUp to two entries per year into any Emirates lounge in Australia
Similar credit cards
Features
The Citi Emirates World Mastercard has a high purchase interest rate, a high annual fee and a moderately high minimum credit limit. It also has a moderate interest-free period.
Cardholders of the Citi Emirates World Mastercard can earn Skywards Miles for spending on eligible purchases as part of the Emirates Skywards rewards program. Points can be redeemed for flights, upgrades and other rewards.
Complimentary insurance offered with this card includes international travel insurance, interstate flight inconvenience insurance, purchase insurance and extended warranty insurance.
Customers receive two complimentary Emirates Lounge passes and one complimentary chauffeur-drive service per year (conditions apply). As part of the Citibank Dining Program, customers also receive a free bottle of wine when dining at participating restaurants.
Additionally, this card comes with a 0 per cent balance transfer deal during an introductory period. Four supplementary cards are also allowed at no additional cost.
Pros
- Emirates Skywards rewards
- Complimentary insurance
- Four free additional cardholders
Cons
- High interest rate
- High annual fee
- High overseas transaction fee
Who is it good for?
This card is especially appropriate for people who travel regularly and are able to pay their credit card balance in full each month. Consistent spending on the card offers the potential to save money long-term by earning valuable rewards.
However, those who are members of frequent flyer programs other than Emirates Skywards may not want to make the switch. Similarly, this card’s high overseas transaction fees mean it’s not a great choice for spending overseas.
The Citi Emirates World Mastercard is also suitable for people wanting to consolidate existing debt or those looking to share a credit card account.
This card probably isn’t a suitable option for the average budget cardholder as it comes with a high interest rate – meaning the risk of accruing debt quickly is high if you don’t always pay your bill on time.
What RateCity says
The Citi Emirates World Mastercard offers a range of advantages, especially for frequent travellers. If you fall into this category, you could benefit from being able to earn frequent flyer points, as well as gain access to other travel benefits and complimentary travel insurance.
Overseas transaction fees are charged with this card, but purchases made overseas earn more points than local transactions – so it might be worth the cost depending on your spending habits and preferences.
While the card does have a balance transfer deal, if you typically struggle to pay off debt, the Citi Emirates World Mastercard may not be the right choice for you due to its high interest rate and annual fee. If this is the case, you may want to consider choosing another card with a similar balance transfer deal but a lower interest rate and/or lower annual fee.
Applying/eligibility
To be eligible for the Citi Emirates World Mastercard, you must be at least 18 years old, an Australian permanent resident and earn at least $75,000 a year. You also need to have an Emirates Skywards number, which you can get by signing up at the Emirates website. As part of the application process, you will need to provide ID and details about your work and finances (such as payslips and bank statements). Applications can be completed online or at a Citibank branch.
About Citibank
Citibank Australia is part of Citigroup, one of the world’s largest financial services with a presence in over 100 countries. Citibank provides personal finance products such as credit cards, home loans, personal loans, savings accounts and bank accounts, among other products. They also service businesses, institutions and governments. Customer can take care of their banking needs in-branch, online, via phone or through the Citi Mobile app. You can get 24-hour customer service via phone and online.
