Citibank Cash Back Credit Card

The Citibank Cash Back Visa Card is one of the credit cards offered by Citibank Australia, a member of a major international financial institution called the Citigroup. This credit card aims to give back as much savings as possible by implementing Cash Back, a feature that enables cardholders to receive savings each time they use the Cash Back Visa Card for purchases or to pay for bills.

Getting your money back each time you use your credit card seems like a good way to generate savings and a practical reason to get a Cash Back Visa Card. As most credit card companies will ask for some important information to validate application, clients must provide the bank with basic requirements such as permanent residential status in Australia, aged at least 18 years old, earning a regular and sufficient income, and a good credit rating in order to be considered eligible for a card.

Citibank's Cash Back Visa Card is currently being offered with a standard interest rate of 20.74% per annum, and an annual fee of $69 for primary cardholders and $19 for supplementary cardholders. Balance transfer rates are currently at a low 2.9% per annum, with transferred balances being the first to get repaid. Cardholders also enjoy a zero interest period of up to 55 days. Credit limit depends on the cardholder's annual income and credit rating.

Citibank rewards its cardholders by monitoring and implementing a Cash Back Rate on the monthly balance. The monthly balance is divided into four brackets that determine how much cash back a cardholder can get. A monthly balance amounting up to $1,999 earns a 0.5% cash back rate, between $2,000 to $3,999 earns a 1% cash back rate, between $4,000 to $5,999 earns a 2% cash back rate, and $6,000 and above earns a 4% cash back rate.

Marketing slogans for the Citibank Cash Back Visa Card include:
* get Cash Back each time you spend - Cardholders are given the chance to for a cash back of as much as 4% whenever they use the credit card to pay for bills and purchases.

The credit card comes in the standard-sized card format with an elegant silver color and the word "citi" in the background.

• Fees, rates and promotions are subject to change. Please refer to official site for up-to-date details.