Important disclosure

Citi

Citi Citi Simplicity Card

  • Apple & Samsung Pay
  • Balance transfer
  • No annual fee
  • Instant approval

Balance Transfer

0% p.a. on balance transfers and purchases for 6 months
Purchase Rate

0.00%

p.a

for up to 6 months, then 21.49%

Balance Transfer Rate

0%

p.a

Tags
  • Apple & Samsung Pay
  • Balance transfer
  • No annual fee
  • Instant approval
Purchase Rate

0.00%

p.a

for up to 6 months, then 21.49%

Balance Transfer Rate

0%

p.a

Annual Fee

$0

Pros and cons

For Citi Simplicity Card

Benefits

  • No Annual Fee
  • Ability to convert large purchases into instalment plans
  • Free supplementary cards
  • Price guarantee
  • Extended warranty
  • Concierge
  • Partner discounts
  • Purchase protection insurance

Drawbacks

  • Higher than average ongoing variable purchase rate
  • No reward program

Citi Rate Credit card overview

For Citi Simplicity Card

Details

Card Level

Standard

Card Type

MasterCard

Interest Free Days

55

Minimum monthly repayment

2% or $30

Minimum credit limit

$2k

Maximum credit limit

$100k

Free supplementary cards

Instant Approval

Target Market Determination

Visit Citi to view Target Market Determination.

Fees

Annual Fee

$0

Annual Fee Spend Waiver

Supplementary card annual fee

$0

Late Payment Fee

$0

Over limit fee

Duplicate statement fee

$0

Electronic Wallet Service

Important Rates

Rates

Purchase Rate

0.00%

p.a

for up to 6 months, then 21.49%

Cash advance rate

22.24%

Cash advance fee

3.5% or $3.5

Balance Transfer

Balance Transfer Rate

0%

p.a

Transfer Limit

80%

of the approved credit limit

Balance Transfer Fee

Overseas spending

Foreign Exchange Fee

3.4% on Mastercard

Overseas charges

$5

Estimated ATM Cost

$15.2

for AU $300 withdrawal

Rewards

Program name

Rewards Available

-

Eligibility

Minimum age

18

Minimum income

$35k

Eligibility conditions

-

Residency

Australia Citizen, Permanent Resident

Perks

  • FREE SUPPLEMENTARY CARDS
  • PRICE GUARANTEE If 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.
  • EXTENDED WARRANTY
  • CONCIERGE
  • PARTNER DISCOUNTS
  • PURCHASE PROTECTION INSURANCE Covers up to $10,000 per item and $200,000 per year
Specials
  • Balance TransferPurchase Offers 0% p.a. on balance transfers and purchases for 6 months

Disclaimer

National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”) is the credit provider and issuer of Citi branded financial and credit products. NAB has acquired the business relating to these products from Citigroup Pty Ltd (ABN 88 004 325 080, AFSL and Australian Credit Licence 238098) (“Citi”) and has appointed Citi to provide transitional services.

“Citi”, “Citibank”, “Citigroup”, the Arc design and all similar trade marks and derivations thereof are used temporarily under licence by NAB from Citigroup Inc. and related group entities.

Promoted credit cards

Promoted

Longer Balance Transfer

Qantas Premier Platinum

  • Balance transfer
Purchase Rate

19.99%

p.a

Annual Fee

$349

for 12 months then $399 thereafter

Promoted

Lower Fee Balance Transfer

Visa Platinum Credit Card

  • Balance transfer
Purchase Rate

4.99%

p.a

for up to 5 months, then 19.49%

Annual Fee

$199

Promoted

Lower Purchase Rate

Rewards Platinum

  • Apple, Google & Samsung Pay
  • Balance transfer

Bonus Points

80,000 ANZ Reward Points and $50 back to your new ANZ Rewards Platinum credit card when you spend $2,000 on eligible purchases in the first 3 months from approval.
Purchase Rate

20.99%

p.a

Annual Fee

$149

Promoted

Lower Annual Fee

Platinum

  • Apple, Google & Samsung Pay
  • Balance transfer
  • Low annual fee

Cashback

Earn $300 back to your new ANZ Platinum card when you spend $1,500 on eligible purchases in the first 3 months from approval.*
Purchase Rate

20.99%

p.a

Annual Fee

$0

for 12 months then $87 thereafter