The Citibank Saver Package gives you everything you need to reach your savings goals by bundling together a high interest Online Saver account, a fee-free credit card and a fee-free transaction account.
If only saving was as easy as skipping your weekly lolly spend and keeping your pocket money in a jar. Unfortunately, as we get older, our finances become increasingly difficult and our savings efforts get complicated. A lot of times when we fail to save our money it’s because we are trying to juggle multiple bank accounts or splitting our funds between too many cards. Thankfully, Citibank is here to help us save with the Citibank Saver Package. By combining three of their most savings-friendly banking features this package is going to help you meet your savings goals, whatever they may be.
What is the Citibank Saver Package?
The Citibank Saver Package is comprised of three of Citibank’s savings-optimised banking options:
Online Saver account
Citibank Plus everyday bank account
Citibank Rewards Credit Card – Platinum Card
The package is specifically designed to help you reach your savings goals sooner by giving you control over your finances and keeping rates and fees low. Each of the three features is designed to stay on top of your finances and keep your savings on track.
Package features
Citibank Online Saver
The Citibank Online Saver account is focused on optimising your savings. You will have access to your savings 24/7 with online, mobile, tablet and phone banking, giving you greater control of your finances.
Earn competitive variable interest of on balances up to 2.90decorator="percentPA"
No minimum balance and no account fees
Online and phone banking 24/7
Citibank Plus Transaction Account
The Citibank Plus everyday bank account will support your everyday banking habits through convenient access, secure transfers and SMS notifications to help you keep track of your banking activities.
No fees
Free access to over 3000 ATMs worldwide (access to Citibank, Westpac, St George, Bank of Melbourne and BankSA ATMs)
Free international money transfers
Free Visa Debit card
MoreOpen
Read the Citibank Plus Transaction Account terms and conditions.
Citibank Rewards Credit Card- Platinum
The Citibank Rewards Platinum credit card will reward your savings efforts by saving you money on everyday purchases.
Interest free period -You will get up to 55 days interest free with this credit card when you pay your balance in full for two consecutive months
Rewards program - 1.25 points per eligible $1 spend on purchases within Australia and 3 points per eligible $1 spent on international purchases, up to 250,000 points per year with Citibank’s Rewards Program
Security - The program also offers a range of complimentary insurances including international travel insurance, transit accident insurance, extended warranty insurance, purchase cover insurance and guaranteed pricing scheme.
Read the Citibank Rewards Credit Card - Platinum Card terms and conditions.
Additional benefits
The Saver package offers consumers some unique benefits when compared to other banks. These are:
Cashback offer - You will receive $120 cash back when you deposit $3000 into your Citibank Plus account each month.
No annual fee offer - When you deposit $3000 into your Citibank Plus account each month, you won’t pay an annual fee, saving you $199.
Balance transfer offer - A low introductory rate of 0% p.a. for 6 months on balances transferred to the Platinum Rewards card (reverts to the cash rate after 6 months).
Citibank Dining Program -If you use your Citibank transaction account or credit card to pay for dinner at a participating restaurant you’ll get a free bottle of award winning wine.
Conditions
As with any offer, be sure to check all the conditions associated with the package. The main ones are outlined below.
Introductory offer
This package is only available to new customers, and so Citibank customers already using the everyday account, savings account and credit card are not eligible for the cashback offer.
Credit card choice
The offer is only available on the Citibank Rewards Credit Card-Platinum and no other Citibank card.
Closing accounts
Once you choose to close one or more of your Citibank accounts, the offer will cease.
Eligibility Requirements
To qualify for this package you must be:
18 years of age or older
An Australian resident
Have an income of $35,000 p.a., to qualify for the credit card aspect of this package.
How to apply
To apply for the Citibank saver Package you can visit a branch or apply online. You will need the following to be able to apply:
Proof of age
Proof of residence
Identification
Personal details i.e. residential address, contact details
Details on your residential status
Tax file number
A good credit rating
Taxable income (minimum $35,000)
Financial position i.e. details of all income streams, details of your employer, etc.
Bundling products together is a common occurrence with home loans, giving you a saving on fees and interest rates. Citibank extends some of these benefits to regular consumers who may not have a home loan, but still want the savings. Add the Citibank Saver Package today to your comparison today.
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