CitiBank Platinum Credit Card

The Citibank AU - Citibank Platinum is reserved for consumers having good or excellent credit. With a credit limit of up to $100,000 available to each cardholder, applicants will have to prove their credit worthiness to gain credit that's much more than what is offered on competing credit cards. Retail purchases, and cash advances all incur a reasonable interest rate deserving a platinum card. Every cardholder gets up to 55 interest free days on retail purchases. You can also transfer balance from another card charging higher interest to pay only 4.9% p.a. for the life of such balance transferred. The balance transfer feature is open to non-Citibank credit cards only.

One of the advantages of being a platinum cardholder is exclusive access to numerous rewards. The personalized rewards program gives you the perfect way to mop up reward points on each spend. These reward points never expire and continue to gather provided the card remains open.

Categories for you to redeem points include cash back, merchandise, gift cards and travel benefits. An addition to the rewards program lets you automatically transfer Citi reward points earned to Qantas Frequent Flyer points on a 1 for 1 basis.

With Fraud Shield, a fraud department is constantly on the lookout for fraudulent transactions that may be charged to your account. Once anything deserving attention is spotted you will be contacted immediately. Whenever you purchase tickets with your card, you are protected by a free International Travel Insurance program giving you coverage on medical, travel expenses, luggage theft or damage, and personal liability subject to terms and conditions.

Access to Citibank World Privileges means you get discounts, benefits, and upgrades on travel, dining and shopping with thousands of participating hotels, restaurants, and service outlets worldwide. A personal concierge service to get you the assistance you need for both business and please is available for use anywhere in the world at anytime of the day.

Although the annual fee charged is somewhat high, Citibank Platinum Credit Card remains well worth it for a platinum card of this standing. The annual account fee currently stands at $250 for the primary card and $90 for an additional card. New cardholders receive $125 off on the annual account fee in the first year.