Citi Clear Credit Card Review for Aussies 0% Balance Transfers for 24 Months and Low Annual Fee

Overview of the Citi Clear Credit Card

The Citi Clear Credit Card is a straightforward choice for Aussies who want to clear high-interest debt without fuss, offering 0% balance transfers for 24 months and a low annual fee that keeps costs down. This card is positioned as one of the best balance transfer credit card options in Australia for people focused on paying off debt fast.

With a clear fee structure and simple perks, the Citi Clear Credit Card appeals to everyday Australians in cities from Sydney to Perth who prioritise value over rewards. It’s ideal for consolidating multiple debts into one repayment at a 0% promotional rate, so you can plan to extinguish balances within two years.

Fees, Rates and What You Actually Pay

The card charges a $49 annual fee in the first year and $99 thereafter, making it a low annual fee option for many households, while purchases carry a competitive 14.99% p.a. rate. Balance transfers come with 0% for 24 months but attract a one-off 1.5% transfer fee and revert to 22.24% p.a. after the promo, so plan repayments accordingly.

Cash advances and overseas transactions have their own costs – cash advance rate sits at 22.24% p.a. and foreign conversion is 3.4% – so it’s not the go-to for cash needs or heavy international spenders. Minimum repayments are 2% or $30, and late payment fees apply, so set up BPAY or direct debit to avoid slipping up.

Perks, Limitations and Who It Suits

The Citi Clear Credit Card includes extended warranty and purchase insurance and allows up to four additional cardholders at no extra cost, practical for family budgeting. There’s up to 55 days interest-free on purchases if you don’t carry a balance transfer, which makes it useful for disciplined spenders who pay off new purchases each month.

However, there’s no rewards or travel insurance, so if you chase points or frequent flyer benefits you might prefer a different card. This product suits Australians focused on debt consolidation and low fees rather than lifestyle perks, and it’s a strong contender among low-fee balance transfer credit cards in Australia.

Eligibility, How to Apply and Final Take

To apply you generally need to be an Australian citizen or permanent resident aged 18+, with a minimum income around $35,000 — standard for many mainstream cards. The online application is quick if you have ID, proof of income and details of existing debts, and NAB now manages Citi’s consumer cards, giving added banking backing while keeping the Citi brand.

Overall, the Citi Clear Credit Card is a practical, no-nonsense tool for Aussies wanting to tackle high-rate debt with 0% balance transfers for 24 months and a low annual fee; compare offers, calculate the 1.5% transfer cost, then apply online if it fits your repayment plan. For debt-focused Australians, this card is worth checking out and could save you a fair chunk in interest.