Citibank has some of the most premium credit cards in Australia, but the annual fees often stop people short of signing up.
While the majority of the bank’s credit card selection is rewards cards or exclusive options with a variety of benefits, there are still a few more classic Citibank options that have low annual fees.
The standard Citibank Personal, Clear, Rewards and BP credit cards, for example, all have annual fees under $100, with the Clear’s $65 making it the cheapest option.
But even the $89 regularly charged for the Citibank Rewards and BP cards is competitive when you look at other reward program fees and the $99 annual fee for the Citibank Personal could easily be worth it for someone who also needs cheque facilities.
On the other hand, the Citibank Ready Credit card is a no annual fee choice that keeps credit simple by offering the same interest rate for all card transactions.
Ready Credit is actually the only Citbank card to offer no annual fee on an ongoing basis, but there are other ways for people to save money with a Citibank credit card.
Citibank Credit Card Annual Fee Waivers
The easiest way to avoid annual fees for Citibank cards is to apply for one that waives the annual fee for the first year.
What that means for new cardholders is that they can try out a card and decide on how much value they get out of the account before paying for it.
Citibank’s introductory offers change quite frequently, but there is usually at least one credit card that has no annual fee for the first year.
One of the most recent cards to offer this deal is the Emirates Citi Platinum, a frequent flyer card that normally costs $229 every year.
Credit card annual fees are almost a given in the Australian market, but people can still find ways to get around them through standard cards or introductory offers.
But even if the Citibank card you want does have an annual fee, the chances are good that other features will make it worth paying in the long run.
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