What's The Value of Citi Rewards Points?

Travel Rewards Calculators
Review the list of redemption options for Citi Rewards Australia and calculate Citi Rewards points to dollars for each.
Last Updated 2023-08-01 By R.Flowers III
Page Also Available For:

On average, Citi Rewards points earned with Citi Australia are worth about 0.47 cents apiece. You can obtain significantly more value by transferring them to Citi's travel partners.

Here's our valuations for Citi Rewards points:

Citi Australia Points Value
Redemption Option Redemption Value (in cents)
Transfers to airline partners 0.5 - 1+
Gift cards 0.47
Pay with points 0.4
Shop with points Varies

Gift cards & eVouchers: 0.479 cents per point.

Citi Rewards Points can be redeemed for eVouchers through the Citi Rewards portal which will give your points a value of around 0.479 cents per point. You do get a slight discount with the higher denominations, but not by much.

Denominations can range from as low as $20 to as high as $500. The eVouchers cover a wide range of categories including hotels, restaurants, department stores, furniture stores, grocery, and much more.

Citi Rewards eVouchers
Denomination Cost In Points
$20 eVoucher 4,200 Points
$50 eVoucher 10,500 Points
$100 eVoucher 20,900 Points
$200 eVoucher 41,700 Points
$500 eVoucher 104,200 Points

Pay with Points: 0.4 cents per point.

The Citi Pay with Points feature allows you to use your Citi Rewards Points towards eligible purchase made to your card. This basically gives you a statement credit and wipes away the purchase.

Redemptions made to wipe away purchases will give you a value of 0.4 cents per point. This means that a $10 charge would cost you about 2,500 points.

Shop with Points: less than 0.4 cents per point.

Citi Rewards Points can be redeemed towards a large section of merchandise including TVs, appliances, housewares, and more on kogan.com. You can also use Shop with Points to shop for merchandise with Apple including iPhones, Apple Watches, iPads, Macs, and accessories.

This will generally give your points less than 0.4 cents in value.

Point transfers to Citi's airline partners: 0.25 cents to 1+ cent per point.

If you're looking to get the best value out of your Citi Rewards Points, transferring them to airline and retail partners will be the way to go. The partners you have access to and the transfer ratios will depend on which Citi Rewards Card you have.

Citi Rewards points can be transferred to:

  • Flybuys
  • Singapore Airlines KrisFlyer
  • Velocity Frequent Flyer
  • Cathay Pacific (Citi Prestige Only)
  • Qatar Airways Privilge Club (Citi Prestige Only)
  • Etihad Guest (Citi Prestige Only)

Other redemption options

Citi Rewards points can also be redeemed for:

  • Cash back starting at 10,000 points.
  • Annual fee and additional card fees starting at 6,000 points.

Citi Rewards points to dollars

Use the Citi Rewards Points Value Calculator to calculate Citi points to dollars when redeemed for gift cards, statement credits, and merchandise.

Enter any amount of Citi points to calculate the dollar value.
Points
Redemption Average Dollar Value
Point transfers to partners $0 - $0+
Gift cards & eVouchers $0
Pay with points $0

How To Earn Citi Rewards Points

Citi offers three credit cards that you can use to earn Citi Rewards points consisting of the low-tier Citi Rewards credit card, mid-tier Citi Premier credit card, and high-tier Citi Prestige credit card.

Credit Card Card Details
  • Earn 3 Citi Rewards points per $1 spent on International spend made overseas or online with a merchant that is based overseas.
  • Earn 3 Citi Rewards points per $1 spent on domestic purchases made directly with major airlines, hotels chains, and restaurants in Australia.
  • Earn 2 Citi Rewards points per $1 spent on domestic purchases made with major supermarkets, petrol outlets, and national retailers.
  • Earn 1 Citi Rewards point per $1 spent on all other domestic spend including Citi PayAll payments.
  • 4th hotel night free when booking four consecutive nights.
  • Complimentary Priority Pass for you and one guest.
  • One complimentary luxury transfer per year up to the value of $100.
  • International travel insurance and mobile phone insurance.
  • $700 annual fee
  • Earn 2 Citi Rewards points per $1 spent on eligible online spend and on international spend made overseas or online.
  • Earn 1 Citi Rewards point per $1 spent on all other eligible domestic spend.
  • Two airport lounge visits every year with complimentary Priority Pass membership.
  • International travel insurance and mobile phone insurance.
  • $150 annual fee if certain criteria is met, otherwise $300.
  • Earn 1 Citi Rewards point per eligible $1 spent on domestic spend, capped at $10,000 spend per statement period.
  • Earn 1 Citi Rewards point per eligible $1 spent on international spend made overseas or online with a merchant based overseas, uncapped.
  • International travel insurance and mobile phone insurance.
  • $149 annual fee.

FAQ

What's the value of Citi Rewards points?

Citi Rewards points are worth 0.47 points on average. This means that 10,000 points would have a value of about $47.

Calculate Total Rewards & Card Value Per $1 Spent For Australia Credit Cards
Search Results Display Here