Citibank offers a range of accounts and services including credit cards, bank accounts, home loans, personal loans, insurance and investment products
No sign of an exclusion period for existing or former recent cardholders.
No sign of bonus point earn with Qantas spend.
$49 Citibank Qantas Rewards Program fee that you have to pay in order to earn QFF points.
Earn rates are
1 point per dollar on international spend
1 point per dollar made directly with major airlines, hotel chains and restaurants in Australia
0.75 points per dollar made directly at major supermarkets, petrol outlets and national retailers (uncapped)
0.5 points per dollar on all other Eligible Transactions up to $20,000 per statement period
An "Eligible transaction" is:
Eligible Transaction means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, purchases of foreign currency and travellers cheques, transactions made in operating a business, payments to other Citi accounts, bank fees and charges such as interest and ATM charges, transactions made using Points and government related transactions. Government related transactions include transactions with government or semi-government entities, or relating to services provided by or in connection with government (for example but not limited to transactions made at Australia Post, payments to the Australian Taxation Office, council rates, motor registries, tolls, parking stations and meters, fares on public transport, fines and court related costs). Please note that whether or not a transaction is an Eligible Transaction will be determined based on information provided either by the merchant or the relevant financial institution (including information about the type of business conducted by the merchant). This means that, for example, spend with certain merchants may be characterised as spend with a government related entity and therefore not an Eligible Transaction, even if that merchant is not in fact a government related entity.
Apply for the Citi Signature Qantas Credit Card and receive 90,000 Qantas Points when you spend $4,000 within 90 days from approval.
To earn 90,000 bonus Qantas Points, you must apply for a new Citi Signature Qantas Credit Card by 30 June 2019, then spend $4,000 on your Citi Signature Qantas Credit Card card within 90 days from approval. Cash Advances, Balance Transfers, refunds, chargebacks, Special Promotions and spend on the Linked Diners Club Card do not contribute to the spend threshold. The bonus Qantas Points will ordinarily be credited to your Qantas Frequent Flyer membership account within 6 - 8 weeks of meeting the spend criteria. All rewards are subject to the Terms and Conditions of the Citibank Rewards Program. Offer may be extended. Qantas Points are defined in the Citibank Rewards and Citibank Qantas Rewards Program Terms and Conditions as Qantas Frequent Flyer Points. Qantas Points are earned in accordance with the Citibank Qantas Rewards Program Terms and Conditions. You must be a member of the Qantas Frequent Flyer Program and have advised us of your Qantas Frequent Flyer Program membership number before you can participate in Citibank Qantas Rewards. You will only earn Qantas Frequent Flyer Points after you advise us of your Qantas Frequent Flyer Program membership number. An additional annual fee of $49 will apply to join the Citibank Qantas Rewards program. Membership and the earning and redemption of Qantas Points are subject to the Qantas Frequent Flyer program Terms and Conditions, available at qantas.com/terms. Your Rewards Balance will be automatically redeemed for Qantas Frequent Flyer Points at the end of each Statement Period. It may take 28 business days for the Qantas Frequent Flyer Points to appear in your Qantas Frequent Flyer membership account.
Plus, enjoy no annual card fee in the first year (normally $395), with an annual $49 fee for the Citibank Qantas Rewards Program.
Subject to your acceptance you will be billed an annual card fee of $0 in the first year, when you apply for a new Citi Signature Qantas Credit Card by 30 June 2019. This will revert to the full annual card fee, currently $395, in subsequent years. An additional annual fee of $49 will apply for enrolling in the Citibank Qantas Rewards Program.
Not bad in the current market considering $4,049 of eligible spend will get you a minimum of 92,000 points.