Turn a $5,000 Spend into 80,000 Velocity Points with the Citi Rewards Card in Australia
Maximise 80,000 Velocity Points from a $5,000 spend with the Citi Rewards Card and redeem them across Australia for flights, Coles gift cards and travel insurance
Why choose the Citi Rewards Card in Australia
The Citi Rewards Card is a strong pick for Aussies chasing Velocity Points, especially with the headline offer of 80,000 Velocity Points after $5,000 spend in the first three months. For regular shoppers and travellers, those bonus points can cover domestic flights or be swapped for $400 worth of Coles gift cards, making everyday spend more rewarding.
Beyond the initial bonus, the Citi Rewards Card Velocity earns 1 Citi Rewards Point per $1 spent on eligible purchases, with flexible redemptions and complimentary travel insurance when you use the card for trips. The card suits those who want to convert daily spend into travel perks without changing routines.
How to earn and redeem 80,000 Velocity Points
Meeting the $5,000 minimum in three months is straightforward if you plan big spends like bills, groceries or a holiday booking on the Citi Rewards Card. Once you hit the threshold, the 80,000 Velocity Points post to your Velocity Frequent Flyer account and can be used for flights, seat upgrades or Coles gift cards across Australia.
Redemption flexibility is a big draw: transfer points to Velocity or use them for gift cards and travel bookings. If you’re chasing a great value redemption, plan ahead for peak travel dates and use the Citi Rewards Card Velocity promotions to stretch those 80,000 Velocity Points further.
Costs, fees and fine print
The Citi Rewards Card carries an annual fee of $199 and a purchase interest rate of 21.49% p.a., so it pays to clear the balance each month. There is also a 3.4% foreign transaction fee, which can add up if you’re using the card overseas or on international sites.
Other key details: balance transfer offers are available at 0% for six months with conditions, additional cardholder fee is $90, and minimum income requirement sits around $35,000. Read the Product Disclosure Statement carefully so the fine print does not catch you out.
Who should apply and top tips to maximise rewards
The Citi Rewards Card Velocity is best for frequent domestic flyers, Coles shoppers and anyone who can meet the $5,000 spend without incurring interest. High spenders and those who pay their balance in full will extract the most value from the 80,000 Velocity Points and complimentary travel insurance.
Tips to get the best out of the Citi Rewards Card: consolidate recurring bills and subscriptions on the card, use it for big one-off purchases during the offer period, and transfer points to Velocity for flight redemptions. Keep an eye on Citi promotions and plan redemptions to avoid peak surcharges and get maximum value from your points.