Citibank Platinum - intro needed

Lindsay Wilson · #11 (**permalink**) 2nd July 2003, 11:17 PM

Ah yes, another poster here had the same problem. Being able to verify $100K earnings is critical (that is from tax returns, letter from Accountant or Group Certs). Can't help you there...

Gordon · #12 (**permalink**) 3rd July 2003, 12:03 AM

Citibank wouldn't accept my 'forward projection' of greater than $100K. for the financial year, even though my accountant confirmed my details.

Apparantly, you have to actually have received your $100K before Citibank will accept your level of earnings.

I'm going to re-apply (now that I've got that critical level up)..... but I'm wondering if, as a current GOLD card holder on the 6.9% promo rate, I'll lose that 6.9% promo rate? Does going from GOLD to PLATINUM mean you can take your lower interest rate with you???

Anyone know for sure?

Regards,

Lindsay Wilson · #13 (**permalink**) 3rd July 2003, 12:09 AM

Don't know for sure Gordon, but would like to bet pounds to peanuts that you lose it!! Bummer that if it happens...best of luck with the re-application.

redrat · #14 (**permalink**) 7th July 2003, 12:39 PM

You may or may not be aware of this fact in qualifying...
I was able to get my Plat qualification with the fact that my salary was supplemented with additionals such as company vehicle, superannuation & health cover. This added another 20K to the equation and got me over the 100K line. :P

kawoh · #15 (**permalink**) 31st August 2003, 05:54 PM

i really don't understand what all the fuss is over a citibank platinum, issues i have are:

- $250 / granted there are benefits such as the conceirge, and the upgrades, but i already qualify for HH gold anyway and I really don't stay at other properties at all, or if i do, rarely. let's be realistic - we on here do our own research and know where we want to go, where we want to stay - we're 'informed'.

- if I did have this card, i'd always need a backup card anyhow, and my aim is to consolidate into a minimal amount of cards - why? if I want to do cash advances (ie overseas), the citibank card charges an upfront 1.5% of the cash advance amount - is this correct? there are alternate cards which don't have this, which I prefer to use for overseas travel.

- the rewards - is it also 1:1 into QF and are there any other airline or hotel programs for transfers?

- does the travel insurance cover you for reward redemptions earned on the card as well?

- the restaurant list for sydney as my base is pretty mediocre and only assures priority reservation, with one exception.

- how proactive are citibank likely to be with bonus offers etc on the card?

- limit on 120,000 points to be earned on the card p.a.

i'm currently very happy with my westpac altitude as my primary card, the gold covers travel insurance with a $200 excess including on award redemptions earned from the card, a range of exciting offers - ie bookings on air nz earns me 2 for 1 via airnz or $3 for 4 points on flightcentre who beat anyprice, redemption transfers into QF, NZ or MH. overseas cash advances are 1.5% so I avoid this card. I pay off the amount due every month. I just can't justify bumping up another $150... ?? when westpac gives me more choice, more proactive ways to earn, ease of consolidating all my banking with westpac with a large branch network through australia and nz with westpac trust and excellent travel insurance, loss insurance (90days), extended warranty insurance.