Australian Citibank Business Credit Card Review

How is this credit card different?

Unlike most other credit cards the Australian Citibank business credit card is known to be quite different in terms of what it has to offer. One of the first things that you will realize about this particular credit card is that it offers a large credit limit up to $60,000. One of the great things about this credit card is that it offers a very low balance transfer rate. This balance transfer rate of 2.9% is only valid for a period of 9 months. This rate is an introductory offer which is subject to change over time. In relation to what this credit card has to offer the annual fee that is being asked is relatively low. The annual fee at the current moment in time is $149. This amount is also subject to change based on the economy. The APR rate varies quite significantly due to the volatility of the market for which reason it is advised that you check for their updated rate before applying.

Every dollar that you spend using the Citibank business card will automatically entitle you to 1.25 points. These points can later o be used as rewards through discounts or cash vouchers. One of the most attractive features that this card has to offer is that it has a 55 days free interest policy. What that basically means is that you do not have to pay any interest on transactions during the first 55 day period.

Extra Benefits

Some of the extra benefits that you can expect to find with a Citibank business credit card is that you are entitled to complimentary business concierge service and international travel insurance. The main reason that the Citibank business card is seen to be quite popular is mainly due to these two reasons. Travel insurance in general can be quite expensive especially for business men as they are more prone to losing things as they travel more frequently. The complimentary travel insurance that is being offered by the credit card company will cover one against any theft or damage of items during their traveling period. Seeing as this service is complimentary, it ends up working out to be much cheaper in comparison to one buying insurance separately from a company.

Another benefit that the Citibank business credit card has to offer is that it is Visa certified. What that basically means is that not only can it be used in the Australia, but it can also be used any where in the world. As long as the place where you are shopping accepts Visa cards, you shouldn't have a problem. Seeing as Visa has world wide acceptance, not only can you make purchases using this particular credit card, but you can also make withdrawals from ATM machines.

Another option that you can find with a Citibank business credit card that is not normally given with most other credit cards is access to an online account. There are a few minimum requirements that need to be met before one can be eligible for this particular card. The requirements include being at least 18 years old, having a good credit history, have a taxable annual income of $35,000 or more and you are a permanent Australian resident. You can not apply for this card until and unless all of these requirements are met.

Applying

Before you can apply for this particular credit card, it is important that you make sure that you meet the criterion that has been mentioned above. This will save you and the company a lot of time during the application process. To apply, you can start off by visiting the following page: Citibank business credit card application. After opening the page, all you have to do is simply click on the Apply button and follow the simple steps. The time period that it will take will be mentioned online during your application process upon completion.