Emirates World Mastercard

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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

RateCard TypeEarnsCondition
1.5 points for $1 spentMasterCarduncappedairline tickets purchased via emirates.com
1.25 points for $1 spentMasterCarduncappedeligible international transactions
1 point for $1 spentMasterCardUp to $3,000 monthlyeligible domestic transactions
0.5 points for $1 spentMasterCardUp to $10,000 monthlyeligible 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
Other Benefits
Complimentary chauffeur-drive transfer to and from an Australian airport once every calendar year if you purchase a ticket on an Emirates long haul flight in Economy class. Receive a complimentary bottle of wine every time you dine at a partner restaurant and pay with your Citi card.
Other Restrictions
New customers must have an Emirates Skywards membership number before applying

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.

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