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Home Credit Cards 200,000 bonus Citi reward Points—equivalent to 100,000 Velocity Points—with the Citi Prestige...

200,000 bonus Citi reward Points—equivalent to 100,000 Velocity Points—with the Citi Prestige Card

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Card Overview

200,000 Citi reward Elements are on provide for model spanking new cardholders of the Citi Standing Card who spend $7,500 throughout the first 60 days of approval. It comes with a vast differ of perks along with limitless Priority Go lounge entry, 4th evening time free on inns, and airport transfers.

Key Attributes

  • 200,000 Citi reward Elements, when you spend $7,500 inside 60 days of approval

  • Functionality to modify elements to Velocity, Krisflyer, Asia Miles or totally different worldwide frequent flyer functions

  • Priority Go lounge entry and totally different premium benefits

  • Complimentary bottle of wine when you dine with affiliate consuming locations

  • Journey, purchase security and assure insurances (PDS)

  • Fourth evening time free revenue at inns globally

  • 3 Citi Rewards elements earned per $1 on select purchases and bookings from a variety of major consuming locations, major resort chains and flights straight booked with major airways and worldwide spend

  • 2 Citi Rewards elements earned per $ for chosen purchases made at major petrol retailers, major supermarkets and major nationwide retailers

  • 1 Citi Rewards stage earned per $ spent in all places else on eligible spend

  • 0% p.a. for six months on Steadiness Change

  • Annual Cost: $700 p.a.

What we’ll be masking

The Citi Standing Card is for the aggressive Elements collector—the cardboard has a minimal income requirement of as a minimum $150,000 and has an annual fee of $700—nonetheless with quite a few frequent flyer program swap companions and a vast differ of journey perks.

The cardboard has 200,000 bonus Citi reward Elements on provide for model spanking new cardholders until 31 January 2022 – equal to 100,000 Velocity Elements or 80,000 Krisflyer/Asia Miles.

Basically probably the most helpful benefits on provide with the Citi Standing Card are limitless airport lounge passes in your and a customer, a fourth-night free resort reserving low price, and airport transfers.

A minimal spend requirement of $7,500 inside the primary 60 days is required to acquire the 200,000 bonus Elements.

The bonus is barely accessible for model spanking new cardholders who be a part of the Citi Rewards-linked card.

The bonus Elements will likely be remodeled to Velocity Elements at a ratio of 1:0.5 or 100,000 Velocity Elements—beneath are some examples of the place you can go along with this amount of Elements.

You could as properly swap them into Singapore Airways’ KrisFlyer program or Cathay Pacific’s Asia Miles at a barely lower value of 1:0.4 or 80,000 miles and to totally different secondary companions.

How you’ll use the bonus elements from this card

Occasion redemption options using 100,000 Velocity Frequent Flyer elements.
Current occasion flight redemptions departing from:
Metropolis  Class  Elements 
Abu Dhabi, United Arab Emirates Biz 94,000
Los Angeles, USA Biz 94,000
Hong Kong, Hong Kong Biz 57,800
Christchurch, New Zealand Biz 33,800
Wellington, New Zealand Biz 33,800
Auckland, New Zealand Biz 33,800
Perth, Australia Biz 33,800
Uluru, Australia Biz 33,800
Rockhampton, Australia Biz 21,800
Adelaide, Australia Biz 21,800
Melbourne, Australia Biz 13,800
Canberra, Australia Biz 13,800
Brisbane, Australia Biz 13,800

All redemption figures above exclude any accompanying taxes, prices and costs. Elements redemption price info is obtainable by a third-party. For a exact full redemption value, please search the recommendation of with the airline straight.


Digging into the small print of the Citi Standing Card

Card Particulars

Card Citi Standing Mastercard
Loyalty program Citi Rewards Program
Earn prices 3 Citi reward Elements per $1 for chosen purchases made and booked straight from a variety of major consuming locations and restaurant chains, major resort chains and flights straight booked with major airways and worldwide spend

2 Citi reward Elements per $1 for chosen purchases made at major petrol retailers, major supermarkets and major nationwide retailers

1 Citi reward Degree per $1 spent in all places else on Eligible Transactions

Elements cap None
Earns elements at ATO No
Minimal credit score rating limit $30,000
Journey benefits 4th evening time free when you e book 4 consecutive nights at an infinite differ of inns
One airport swap in chosen cities in Australia as a lot as $100 per yr
Priority Go membership
Non-public Concierge
Included insurances Journey, Purchase Security and Assure Insurances (PDS)
Minimal income requirement $150,000 p.a.
Overseas transaction fee 3.40% of the remodeled amount
Annual fee $700

The environment friendly Elements earn value on spend when transferring out to the necessary factor affiliate functions are as follows:

Environment friendly Frequent Flyer Program Degree Earn Fees

Frequent Flyer Program Essential consuming locations,
inns and major
airways
Essential petrol stations,
supermarkets and
nationwide retailers
All totally different eligible spend Worldwide Spend
Velocity Elements 1.5 stage / $ 1 stage / $ 0.5 stage / $ 1.5 elements / $
Singapore Airways KrisFlyer Miles 1.2 miles / $ 0.8 miles / $ 0.4 mile / $ 1.2 miles / $
Cathay Pacific Asia Miles 1.2 miles / $ 0.8 miles / $ 0.4 mile / $ 1.2 miles / $

Info to the Citi Standing Card

 

The Citi Standing Card, like Citi’s barely cheaper Citi Premier, earn Elements on spend into the Citi Rewards Program.

In brief, the Citi Rewards scheme allows you to swap your Elements over to a variety of frequent flyer program companions. Citi reward Elements are transferred out at completely totally different prices to most frequent flyer functions as detailed beneath:

Key companions and swap prices:

  • Virgin Australia Velocity (2 Citi reward Elements to 1 Velocity stage)
  • Cathay Pacific Asia Miles (2.5 Citi reward Elements to 1 Asia Mile)
  • Singapore Airways KrisFlyer (2.5 Citi reward Elements to 1 KrisFlyer mile)

The secondary companions and swap prices:

  • Air France/KLM Flying Blue (3:1)
  • Emirates Skywards (2.5:1)
  • Etihad Customer (3:1)
  • EVA Air Infinity MileageLands (3:1)
  • GarudaMiles (3:1)
  • IHG Rewards (2.5:1)
  • Malaysia Airways Enrich (3:1)
  • Qatar Privilege Membership (3:1)
  • Radisson Rewards (2:1)
  • THAI Royal Orchid Plus (3:1)
  • Turkish Airways Miles & Smiles (3:1)

The minimal number of Citi reward Elements required to make a swap varies counting on the affiliate program, which it’s attainable so that you can to see when you login to your on-line account.

Any stability decrease than the minimal is ineligible to be transferred to frequent flyer functions until the minimal threshold is reached.

A phrase on Turkish Airways Miles & Smiles

This program was added as a swap affiliate in October 2017.

Whereas it does provide a sweet spot for roundtrips inside Oceania (along with, Australia, New Zealand, Guam and Hawaii) for 30,000 Monetary system/50,000 Enterprise, they need to be direct flights with Star Alliance affiliate Air New Zealand (so no transfers by the use of Auckland), which is notorious for releasing little award space.

Plus, this technique will price gasoline surcharges and you can ticket the award bodily on the airline’s product sales office in Sydney’s CBD or e mail its Toronto office. And in the event you want to redeem an award for an additional individual using your miles, you could current quite a few paperwork.

Because of this truth, KrisFlyer is the additional logical various for Star Alliance redemptions for Australia-based travellers.

Incomes Elements from spend on the Citi Standing Card

The Elements earn on eligible spend for the Citi Standing Card is tiered, with spend on a variety of major: consuming locations, restaurant chains, major resort chains and flights booked straight with major airways (flights solely) and worldwide spend incomes 3 Citi reward Elements for $1. Then 2 Citi reward Elements per $1 at major: petrol stations, supermarkets and retailers and 1 Citi reward Degree per $1 spend in all places else.

This card can yield an outstanding Elements haul if you’ll pump an trustworthy amount of spend by the use of it, with primarily probably the most potential price equating as a lot as 1.5 Velocity Elements or 1.2 KrisFlyer miles per $1 spent, and with no annual or month-to-month cap.

On eligible worldwide spend, you’ll earn 3 Citi reward Elements per $1 nonetheless will incur a 3.4% surcharge on non-Australian Dollar transactions. This equates to 1.2 KrisFlyer miles or 1.5 Velocity Elements per buck spent on eligible worldwide spend.

The extreme earn value on certain lessons implies that vast spenders who can completely utilise these would possibly correctly justify conserving the cardboard yearly just for the Elements alone.

In case you’re going for Velocity Elements, the $700 annual fee may correctly pay for itself with the Elements earned—the swap value to Krisflyer, Asia Miles and Emirates Skywards is not as helpful.

Citi reward Elements benefits and points

Citi reward Elements do not expire for the lifetime of you holding the cardboard, and there could also be moreover no Elements cap. That is probably one of many major benefits of the cardboard—with limitless Elements incomes at wonderful value for Velocity Elements and a relatively first price value for KrisFlyer, Asia Miles and Skywards.

Completely different journey benefits of the Citi Standing Card

The Citi Standing Card moreover provides quite a few journey benefits, along with Priority Go lounge entry and 4th evening time free on inns.

Fourth evening time free revenue at inns globally

In case you’re a Citi Standing cardholder you’ll get a fourth evening time free at quite a few inns globally as a lot as 4 events a yr—principally pay for 3 nights, and get the fourth free of price.

Free of price airport swap

Citi Standing cardholders are eligible for one Luxurious Airport Change per yr in chosen cities in Australia as a lot as $100.

 

Priority Go Lounge Entry

Benefit from complimentary Priority Go membership and limitless lounge visits for you and a customer.

Excessive-quality Consuming Privileges

You will get a free bottle of wine at collaborating Citi Consuming consuming locations in Australia.

Lastly, there could also be moreover the usual differ of journey, purchase security and assure insurances, and it is best to be taught the PDS to guage if these insurances meet your specific individual needs and have important price to you.

This info references among the many benefits of insurance coverage protection insurance coverage insurance policies equipped with this card. It is best to be taught the PDS and procure unbiased expert suggestion sooner than buying this product.

Citi Payall

Now you may earn uncapped Citi reward Elements on larger frequently payments paying homage to lease, taxes, coaching prices, property administration prices, childcare and miscellaneous funds with Citi Payall. Affords are matter to eligibility and are solely accessible in case your account is in good standing.

Citi Apple Pay & Samsung Pay assist

Citi enjoying playing cards helps Apple Pay & Samsung Pay, which means it is best to use this card in your smartphone for less complicated funds. Sadly, Google Pay is at current not supported.

Summing up: the Citi Standing Card

The Citi Standing Card is positioned as a high-end card with a vast array of benefits, and at a price that is $750 a lot much less per yr than primarily probably the most comparable card in the marketplace, e.g. the American Particular Platinum Value.

Certainly one of many best causes to hold and use this card is for the good Elements earn prices on eligible dwelling and worldwide spend, along with a variety of third-party Elements swap companions. Nonetheless, you’ll should assess if the category bonuses fit your spending habits and may work to your profit throughout the long-run.

The massive sign-up bonus, potential to earn Elements shortly with no Elements cap and complimentary airport swap are all secure benefits too.

The extra companions now add a variety of additional flexibility for people who can earn big Elements balances to get additional makes use of from their Elements, which is a wonderful issue.

There’s a spot on the market for a high-end Mastercard, each to reinforce American Particular’ offering in case you may justify holding two enjoying playing cards of this value, or as a less expensive totally different.

The Citi Standing Card is not for everyone—there is a minimal income requirement of $150,000, as an example, nonetheless it would work for prime spenders, significantly those who spend internationally or direct quite a lot of their spend into the bonus lessons.

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