The Citibank AU - Citibank Gold Credit Card is designed for Australian consumers who have the extra edge a higher credit limit offers. In summary the card charges a standard interest rate that is moderate yet highly competitive. Balance transfers within 12 months of card opening are automatically ushered into an intro period during which only 2.9% interest is charged.

For a 12 month period (assuming you transfer immediately after receiving your card) you will save on interest payment and any repayment made is to be applied towards the transferred balance. This offer applies to non-Citibank credit cards only.

Retail purchase transactions and cash advances attract a standard Citibank interest rate. This rate is sidelined on retail purchases for up to 55 days.

This Australian card comes with a rewards program under which every item you purchase is rewarded a point per $1 spent. As a card that wants to reward you for everything you do, you'll find so many easy ways to earn points. Plus participation in this program is absolutely free. After your first retail purchases or cash advance transaction you'll receive 5,000 bonus reward points. These reward points qualify you for Cashback, merchandise, travel benefits and gift cards as you spend. Reward points do not expire while the card is open.

Citibank World Privileges is a program that grants discounts of up to 25% whenever you patronize any of one more than a thousand participating hotels, restaurants, shops, shows and retail outlets.

The Fraud Shield gives your credit card round the clock protection. A fraud department is constantly on the look for fraudulent transactions charged to your account.

When you buy travel tickets with the Citibank Gold Card, you will gain automatic participation into a free international travel insurance program. This program covers you and your family in case of personal liability, medical and unexpected travel expenses, flight cancellation, and luggage theft or damage. Purchase Cover is another program giving you the opportunity to replace or repair personal items that are lost, stolen or damaged within 90 days of purchase. Both programs are subject to qualification with terms listed in the policy of insurance document provided with this card.

An annual account fee of $119 is billed to the primary account holder in addition to a $30 fee for every additional card issued.