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Citi Rewards Credit Card - 100,000 Citi reward Points

100,000 bonus MyCard Reward Points with MyCard Rewards Credit Card

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MyCard branded credit products are issued by National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”).

Card Highlights

Earn 100,000 MyCard Rewards Points with a MyCard Rewards Credit Card when you spend $5,000 in the first 90 days from card approval.⁷ Get 0% for 12 months on balance transfers (3% Balance Transfer fee applies, balance transfer must be applied during card application).⁸

Earn

MyCard Reward Points per $1

1 Point

on international spend²

1 Point

on Eligible Transactions capped at $10,000 spend per statement period.²

Travel Benefits

Purchase Insurance

Complimentary Purchase Protection Insurance⁴ and Extended Warranty Insurance⁴

Luxury Escapes

Up to 15% off selected hotels at Luxury Escapes (up to $250)³

Expedia Hotels

Save on your next getaway with 10% off selected hotels on Expedia.⁹

Wotif Hotels

Explore Australia and beyond with 10% off selected hotels on Wotif.⁹

Points Cap

Yes

1 Point per $1 up to $10,000 per statement period².

Annual Fee

$199 p.a.

ATO Points

No

Overseas Transaction Fee

3.5%

of the converted amount

Interest-free Rate on Purchase

Up to 44 days

Purchase Rate

22.49% p.a. on retail purchases

Cash Advance Rate

22.99% p.a.

Why Choose This Card

The MyCard Rewards Card is one of those cards that makes a lot of sense if you’re getting started with points, or if you want flexibility without committing to a high annual fee.

At $199 per year, it sits firmly in the “entry to mid-tier” category, but the 100,000 bonus MyCard Reward Points⁷ do a lot of heavy lifting in year one. You can transfer them to Velocity or Flybuys, which means flights if you’re travel-minded, or everyday value if groceries and fuel are more your thing. You can also convert them into around $400 worth of gift cards. For a first card, that’s a clean, easy win that more than offsets the annual fee without requiring complex redemptions.

This card is particularly well-suited to first-time cardholders or anyone who’s been sitting on the sidelines because premium cards feel like overkill. The earn rate is simple (1 point per $1 on eligible spend, capped at $10,000 per statement period), and while seasoned points earners may find that limiting, it’s more than adequate for everyday spending without the pressure of chasing spend targets or optimising categories.²

The 0% balance transfer offer for 12 months (with a 3% balance transfer fee) is another practical bonus.⁸ It’s not the reason to get the card, but it’s genuinely useful if you’re consolidating existing debt or resetting your finances while still earning points on new spend.

Where this card quietly stands out is in the lifestyle perks. Luxury Escapes is a well-regarded platform, and up to 15% off on selected hotels (up to $250) can easily fund a weekend away or a small indulgence you might not otherwise justify.³ The 10% discounts on selected Expedia and Wotif hotels fall into the same category – not game-changing, but very usable, especially for domestic trips or short stays.⁹ Add in purchase protection and extended warranty insurance, and you’ve got a set of benefits that feel practical rather than padded.⁴

That said, this isn’t the card for airport lounge access, premium travel insurance, or maximising points on high spending. But if you want a straightforward, flexible rewards card that’s easy to understand, easy to use, and delivers real value without complexity – especially as your first credit card – the MyCard Rewards Card is a sensible, low-stress place to start.

This guide references some of the benefits of insurance policies provided with this card. You should read the PDS and obtain independent professional advice before obtaining this product.

Extra Benefits

Complimentary Mobile Phone Insurance

Insurance

Complimentary Mobile Phone Insurance

Pay your monthly postpaid plan bill with your MyCard Rewards card, and you'll be covered for Accidental Damage and Theft.⁵

Additional Cardholders

Additional Cardholders

You may have up to four additional cardholders, who must be at least 16 years old. $90 per additional cardholder.

Redeem Giftcards

Redeem Giftcards

Redeem your reward points for Giftcards with over 50 brands and stores to choose from.⁶

Mobile Wallet

Mobile Wallet

Apple Pay, Google Pay and Samsung Pay.

Eligibility Criteria

These are the minimum requirements to be eligible to apply for this Card. Other additional eligibility criteria, such as proof of income, will generally be required later on.

  • Be aged 18 years or over
  • Be a Permanent Australian Resident and an Australian Tax Resident
  • Have a valid Australian mobile number and email address
  • Receive a regular income
  • Have a good credit rating
  • This offer is not available when closing or transferring from another MyCard branded credit card account or in conjunction with any other MyCard branded credit card offer.

Frequently Asked Questions

Is there a cap on the number of points I can earn?

You’ll earn 1 point per $1 on domestic spend up to $10,000 per statement period, after which you will earn no points. You’ll also earn 1 point per $1 on international spend, uncapped.²

What lounge access is included with this card?

No lounge access is included with the MyCard Rewards card. If you want a MyCard credit card with lounge access, check out the MyCard Premier or Prestige cards.

How can I redeem my MyCard Reward Points?

You can use your MyCard points for gift cards, or transfer them to Flybuys or Virgin Australia Velocity

Does this card include travel insurance?

This card does not include travel insurance.

What is an eligible purchase?

Eligible Transaction is defined in the Terms and Conditions of the MyCard Rewards Program and means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, government related transactions and all other transactions set out within the full definition of Eligible Transactions

Terms and Conditions

1. Pay with Points

Pay with Points is available on eligible transactions and is only available for MyCard Rewards, Premier, Prestige, Classic Plus and Platinum cardholders. An eligible purchase is a transaction we will present to you in your MyCard App or MyCard Online that can be paid by redeeming your Reward Points. The types of transactions that may be paid by redeeming your Reward Points may change and we will present these to you in the MyCard App or MyCard Online.

2. MyCard Rewards earn rate

All rewards are subject to the Terms and Conditions of the MyCard Rewards Program, opens in new window. The MyCard Rewards Credit Card earns 1 Point per $1 on eligible Domestic Spend up to $10,000 per Statement Period and 1 Point per $1 on eligible International Spend, uncapped. Domestic Spend and International Spend means any Eligible Transaction made with a merchant who respectively tells us they are located within Australia or outside Australia. Eligible Transaction is defined in the Rewards Program Terms and Conditions and means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, government related transactions and all other transactions set out within the full definition of Eligible Transaction as in the Terms and Conditions of the MyCard Rewards Program, opens in new window.

3. Luxury Escapes offer

10% discount is valid on ‘Limited Time LUX Exclusive’ hotel offers in Australia and 15% discount on ‘Limited Time LUX Exclusive’ international hotel offers and a 10% discount on international tours (excluding flights) at luxuryescapes.com/au, opens in new window or on the Luxury Escapes mobile app. Offer is valid at Australian website only. Offer is exclusive to MyCard branded cardholders and is not transferable. Maximum discount available per transaction is $250. Offer is valid if booked by 1 March 2026. To be eligible, customers must use their MyCard branded card at checkout along with the promo codes MYLUXPROMO when purchasing ‘Limited Time LUX Exclusive’ hotels or MYLUXTOURS10 when purchasing an international tour, and the discount will be applied automatically. Excludes transactions made through a third-party establishment or payment processor. We may vary or end this offer at any time acting reasonably. We will notify you of any changes electronically (including via www.mycard.com.au/credit-cards/benefits) or other appropriate method as soon as reasonably practicable. Offer is not valid on flights, LUX Partner Properties, LUX Premium Collection, Last Minute Escapes, Cruises, Experiences or Gift Cards. Offer is not combinable with any other discount or offer. Offer ends 1 March 2026.

4. Complimentary Insurances (Purchase Protection, Extended Warranty, Rental Vehicle Excess and Travel Insurance)

AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 (trading as Allianz Global Assistance) under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz) has issued a Complimentary insurance group policy to National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”) which allows eligible NAB account holders and cardholders to claim under it as third party beneficiaries by operation of s48 of the Insurance Contracts Act 1984 (Cth). NAB is the credit provider and issuer of MyCard branded credit cards. Our/us/we/The MyCard Team means NAB unless the context otherwise requires it. Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. The terms, conditions, exclusions, limits and applicable sub-limits of the group policy are set out in the MyCard Credit Card Complimentary Insurance Policy Information Booklet (PDF, 583KB). Neither NAB nor any of its related corporations guarantee this insurance.

5. Mobile Phone Protection Insurance

Mobile Phone Insurance (Cover) is provided under and by way of a group policy (Group Policy) issued by AIG Australia Limited (ABN 93 004 727 753, AFSL 381 686) (AIG) to National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”). NAB is the credit provider and issuer of MyCard branded credit cards. Our/us/we/The MyCard Team means NAB unless the context otherwise requires it. This Cover is available to Cardholders (“you/your”) while you remain an eligible Mastercard and/or Visa cardholder of NAB, subject to NAB’s and AIG’s right to alter the Cover. The terms, conditions and excluded cover are specified in the “MyCard Credit Cards Complimentary Mobile Phone Insurance Terms and Conditions (PDF, 202KB), opens in new window” as amended from time to time. When eligible, you have the benefit of cover as a third party beneficiary solely by reason of the statutory operation of Section 48 of the Insurance Contracts Act 1984 (Cth). To make sure that the Cover meets your needs and is suitable for you and your personal circumstances, these terms and conditions must be reviewed by you and, if necessary, you should also seek independent financial advice. NAB is not the issuer or insurer of the Cover. NAB nor any of its related corporations guarantee any of the benefits under the Cover. Please note that you must have a contract with a mobile phone provider and a monthly automatic billing arrangement.

6. MyCard Rewards Program

Refer to the MyCard Rewards and MyCard Qantas Rewards Program Terms and Conditions, for the full Terms of Use which can be found on mycard.com.au/terms.

7. 100,000 bonus MyCard Reward Points

To be eligible to receive 100,000 bonus MyCard Reward Points, you must spend a minimum of $5,000 on eligible purchases using your new Card within 90 days from approval. Eligible purchases exclude Cash Advances, Balance Transfers, Special Promotions, interest and fees. Any refunds and Chargebacks on purchases will also be excluded and will not form part of the spend criteria. The 100,000 bonus MyCard Reward Points will be credited to your Rewards Balance within 2 months of meeting the spend criteria. All rewards are subject to the Terms and Conditions of the MyCard Rewards Program (PDF, 253KB), opens in new window. Your MyCard Rewards Account must remain open, in good standing (for example – your account is not in default, suspended or closed) and enrolled in the MyCard Rewards Program for the bonus MyCard Reward Points to be awarded. This offer commenced 15 December 2025. We may vary or end this offer at any time. This offer is not available when closing or transferring from another MyCard branded credit card account or in conjunction with any other MyCard branded credit card offer.

8. 0% p.a. for 12 months on Balance Transfers

Your total Balance Transfers may not exceed 80% of your Credit Limit. The 0% p.a. interest rate will apply to balance transfers requested at card application, and the Balance Transfer Fee, for a period of 12 months, commencing from the date the Balance Transfer is processed. The Balance Transfer Fee is 3% of the balance transferred and will be debited to your account on the day or the day after your Balance Transfer is processed. At the end of the balance transfer period, the interest rate on any outstanding transferred balance, and Balance Transfer Fee, will revert to the variable Annual Percentage Rate for Cash Advances, currently 22.99% p.a. This offer excludes balances transferred from MyCard branded unsecured credit products. For important information to consider before taking up a Balance Transfer, please click here. This offer commenced 15 December 2025. We may vary or end this offer at any time. This offer is not available when closing or transferring from another MyCard branded credit card account or in conjunction with any other MyCard branded credit card offer.

9. Expedia/Wotif

To receive the 10% discount on your stand-alone prepaid hotel booking at participating hotels you must book via the unique www.expedia.com.au/traveloffer, opens in new window or www.wotif.com/traveloffer, opens in new window link from 25 February 2025 to 31 January 2027 for stays completed by 30 June 2027, enter the Coupon code on the payment page, and pay with your valid MyCard Credit Card issued by NAB. Discount applies to the first room in multi-room bookings and cannot be combined with other Coupon codes or applied to past bookings. Taxes, fees, and other charges are not included in the discount. The offer is subject to availability and Expedia and Wotif booking terms (see Expedia, opens in new window and Wotif, opens in new window). We may vary or end this offer at any time acting reasonably. We will notify you of any changes electronically (including via www.mycard.com.au/credit-cards/benefits) or other appropriate method as soon as reasonably practicable. NAB may receive a commission from Expedia or Wotif on all hotel bookings made under this offer. NAB may receive a commission from Expedia or Wotif on all hotel bookings made under this offer.