Simplicity

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Pros:
  • No Annual Fee
Cons:

    Basic

    Card Level
    Card Level
    Standard
    Interest Free Days
    Interest Free Days
    55
    Maximum credit limit
    Maximum credit limit
    $100,000
    Minimum credit limit
    Minimum credit limit
    $6,000
    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
    Late Payment Fee
    Late Payment Fee
    $0
    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
    Standard
    Interest Free Days
    Interest Free Days
    55
    Maximum credit limit
    Maximum credit limit
    $100,000
    Minimum credit limit
    Minimum credit limit
    $6,000
    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
    Late Payment Fee
    Late Payment Fee
    $0
    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
    19.99%
    Cash advance rate
    Cash advance rate
    19.99%
    Purchase Rate
    Purchase Rate
    19.99%
    Cash advance rate
    Cash advance rate
    19.99%

    Balance Transfer

    Balance Transfer Rate
    Balance Transfer Rate
    0%for 15 months then 19.99%
    Transfer Limit
    Transfer Limit
    80%of the chosen credit limit
    Balance Transfer Fee
    Balance Transfer Fee
    $75
    Balance Transfer Rate
    Balance Transfer Rate
    0%for 15 months then 19.99%
    Transfer Limit
    Transfer Limit
    80%of the chosen credit limit
    Balance Transfer Fee
    Balance Transfer Fee
    $75

    Overseas spending

    Foreign Exchange Fee
    Foreign Exchange Fee
    3.4% on Visa
    Overseas charges
    Overseas charges
    $5
    Estimated ATM Cost
    Estimated ATM Cost
    $15.2for AU $300 withdrawal
    Foreign Exchange Fee
    Foreign Exchange Fee
    3.4% on Visa
    Overseas charges
    Overseas charges
    $5
    Estimated ATM Cost
    Estimated ATM Cost
    $15.2for AU $300 withdrawal

    Rewards

    Program name
    Program name
    Rewards Available
    Rewards Available
    Program name
    Program name
    Rewards Available
    Rewards Available

    Eligibility

    Minimum age
    Minimum age
    18
    Minimum income
    Minimum income
    $35,000
    Eligibility conditions
    Eligibility conditions
    Minimum age
    Minimum age
    18
    Minimum income
    Minimum income
    $35,000
    Eligibility conditions
    Eligibility conditions

    Perks

    • Concierge
    • Extended Warranty
    • Partner Discounts
    • 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
    • Free Supplementary Cards
    Other Benefits
    Receive 5% Cash Back on all retail purchases (up to $1000 spend) in the first 90 days. Receive a complimentary bottle of wine every time you dine at a partner restaurant and pay with your Citi card.

    Features

    The Citi Simplicity Visa credit card offers a moderately high interest rate on both purchases and cash advances with no annual fee.

    This Visa card has a high credit limit and provides a moderate number of interest-free days. Zero per cent interest is available on balance transfers for an introductory period. 

    Four additional cardholders can be added to the primary account at no extra charge. Each person needs to be at least 16 years old. 

    As a cardholder, you could join the Citibank Dining Program. Membership may entitle you to complimentary wine at participating restaurants.

    The Citi Simplicity Visa card comes with access to Visa Platinum Privileges and Citi World Privileges. These programs provide exclusive travel, entertainment and leisure offers.

    Using the card has been made safe and secure with digital wallet features. Samsung Pay and Citi Pay are available for compatible devices.

    Pros
    • No annual fee
    • 0% balance transfer offer
    • 24/7 concierge
    Cons
    • Moderately high interest rate
    • No points or rewards
    • Overlimit fee

     

    Who is it good for?

    If you want a credit card for everyday use with fringe benefits, the Citi Simplicity Visa credit card may be the solution.

    This card provides one moderately high interest rate for purchases and cash advances. And you have a moderate number of interest-free days available for purchases.

    The added extras that come with this Visa card include exclusive membership to various programs. You also get to use the 24/7 concierge service anywhere in the world.

    The Citi Simplicity Visa credit card comes with complimentary purchase cover and extended warranty insurance.

    If you’re someone who likes dining out, using this card at participating restaurants may entitle you to free wine.

    This credit card doesn’t come with a rewards or points program. So it may not be a suitable option if you wanted to use your credit card to accumulate points or earn rewards. 

    What RateCity says

    The Citi Simplicity Visa is a card whose extras may appeal to the traveller, the shopaholic or the foodie – but if you don’t fit into these categories, it may not interest you.  

    It comes with a 24/7 concierge service that can be accessed worldwide, complimentary insurances that protect purchases and a dining program offering free wine.

    For the fee-conscious, there’s no annual fee (for any cardholder) and no late payment fee. There a balance transfer fee applicable to the 0 per cent interest offer.

    The Citi Simplicity Visa has one moderately high interest rate for purchases and cash advances. It’s not a low-rate interest credit card and doesn’t pretend to be.

    It offers a high credit limit that is protected by Fraudshield, Verified by Visa and Visa Checkout. An emergency card replacement is available if the card is lost or stolen. 

    Applying/eligibility

    To be eligible for a Citi Simplicity Visa credit card, you must be at least 18 years old. You need to be an Australian resident and earn more than $35,000 per annum. In addition to a good credit rating, you must be able to provide evidence of incomes, assets and liabilities. You can apply online, over the phone or in a branch. Acceptable forms of identification include a driver’s licence, Medicare card or passport.

    About Citibank Australia

    Citi Australia (also known as Citibank) is part of Citigroup. It commenced operations in Australia in 1985. It was one of the first foreign banks to be granted a banking licence in Australia. It offers a range of financial services, including deposit accounts, foreign currency deposits and investments, as well as credit cards, mortgages, insurance and charge cards. Citibank has more than 1,600 employees and its national headquarters is located at the Citigroup Centre, Sydney.

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