Learn how to apply for the Citibank Plus account
Subtitle: When abroad or shopping on international websites, Citi provides various services with no additional fees for international transactions.
Opening a Citibank Plus Account: Enjoy Fee-Free Banking and Rewards
Experience the benefits of a Citibank Plus account, where you can enjoy fee-free access to everyday banking services and rewards with a Citi debit Mastercard. Take advantage of features such as Mastercard Travel Rewards, Term Deposits, and more.
Enjoy Mastercard Travel Rewards for Cash Rewards at Global Brands
The Mastercard Travel Rewards program is internationally recognized in over 60 countries, providing travelers with cash rewards at their favorite global brands. With seamless digital integration, cardholders can easily access cross-border cash rewards at leading merchants.
Some benefits of the Mastercard Travel Rewards program include:
- Earn cash rewards when traveling abroad or shopping online
- Seamless customer experience with automatic cashback
- Available in over 60 markets worldwide
- Unlock access to the world’s most desirable marquee merchant brands
Shop confidently around the world and enjoy automatic savings at premium brands, although specific offers may vary by country.
Who Can Apply for a Citibank Plus Account?
To open a Citibank Plus account, you must be 18 years or older and have a valid email, mobile number, and Australian residential address. This account can only be used for personal purposes, and you must provide either a Tax File Number (TFN) or a valid exemption. However, Aboriginal or Torres Strait Islander individuals without the required forms of identification are still eligible to apply.
No Account-Keeping Fees: Enjoy Cost-Free Banking
As a basic account, Citibank Plus does not charge any account-keeping fees. This allows customers to save money on banking fees and enjoy accessible financial services.
International Transaction Fee
While using a debit card linked to a Citibank Plus account for transactions made in a foreign currency, there is an international transaction fee of 2.50% on the Australian dollar conversion.
How to Get Started: Simple Steps to Open Your Account
Begin your application process for a Citibank Plus account by visiting the official Citibank website. Tap the “Apply online now” button followed by “Get Started” to initiate your application. During the application process, you will be required to provide:
- Contact details
- Identity confirmation
- Employment and taxation details
- Other important information requested by the bank
Required Documents for Identity Verification
- Tax File Number (TFN) or valid exemption. While not mandatory, providing a TFN ensures that tax is not deducted at the top marginal rate.
- Australian driver’s license or passport for online identity verification.
Contacting Customer Service
If you have any questions or need assistance with your Citibank Plus account, you can easily get in touch with customer service. They’re ready to assist you in any way possible.
Choosing Between Citibank Plus and Bank of America Advantage Plus
While both the Citibank Plus account and Bank of America Advantage Plus Banking account offer various benefits, there are a few key differences to consider. The Bank of America account comes with common checking account fees, such as a monthly fee and overdraft fee, while the Citibank Plus account is fee-free. However, both accounts offer ways to waive the monthly fee.
When it comes to travel and shopping abroad, the Citibank Plus account provides significant advantages:
- No international transaction fees while overseas or on international websites
- No currency conversion fees for foreign currency transactions
- Access to the Mastercard Travel Rewards program
One drawback reported by some users is that Citibank’s online banking system can be confusing to navigate, and the reliability of their app is sometimes questionable.
If you want to learn more about the Bank of America Advantage Plus account, please tap the green button below.
