Apply and Spend $500 to get S$300 Cash via PayNow + S$50 CASH BONUS OR an Sony WH-1000XM5 Wireless Noise Cancelling Headphones (worth $575) OR a Nintendo Switch OLED (worth S$479) OR a Hinomi H1 Pro Ergonomic Chair (worth S$559). T&Cs apply.
Promotion is valid from 01-June-2023 to 12-June-2023
Applicable for New-to Citibank Cardmembers only
Customers need to apply through MoneySmart to be eligible
Make S$500 worth of eligible transactions within 30 days of the account approval date.
Gift Options: upsized cash reward of S$350 Cash via PayNow OR an Sony WH-1000XM5 Wireless Noise Cancelling Headphones (worth $575) OR a Nintendo Switch OLED (worth S$479) OR a Hinomi H1 Pro Ergonomic Chair (worth S$559).
Faster Gift Redemption: receive your free gift as soon as 6 weeks from meeting the "Qualifying Spends" criteria. T&Cs Apply.
Please remember to login to your user profile to submit your claim.
Use Citi PayAll which allows you to earn Citi Miles, Citi ThankYou PointsSM or Cash Back when you pay your rent, insurance premiums, education expenses, taxes, utilities and more.
MoneySmart exclusive gifts and rewards do not stack with external or third party promotions. Kindly refer to T&Cs for details.
Using this card for all of your household expenditure
Individuals looking for a straightforward and fuss-free credit card with a simple cash rebate redemption system
All lifestyle categories
Both daily spending and big purchases
You don’t like to worry about minimum spending requirements or fussing over eligible spending categories or merchants, and enjoy modest cashback for every dollar spent
Disclaimer: At MoneySmart.sg, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.
For more than a century, Citibank Singapore, a wholly-owned subsidiary of Citigroup, has been providing wealth management products and services, including investments, insurance, deposits and treasury products.
Having over $4.1 billion in total assets (as per its latest 2021 annual report), Citibank has a selection of credit cards for you to choose from, and Citi Cash Back+ credit card is one of their best cards for cash back benefits. Let's find out if this card is suitable for you as we consider the requirements, pros and cons and more.
|Minimum of 1.6% cash back daily||Interest rates of 26.9% per annum and cash interest rate of 26.9% per annum|
|No minimum spend required||Basic sign-up fee of S$194.40 inclusive of 8% GST (first year waiver available)|
|No cap on cash back earned||Cash advance charges of $15 or 6% of the withdrawn amount|
|Bonus cash back of 0.4% on spending (for Citi Plus customer)|
|Ease of redeeming cash back for cash rebate via SMS|
|Up to $1 million of travel coverage when if travel tickets are charged to your Citi Cash Back+ credit card|
|Convenient online application with SingPass|
|Open to Singapore Citizens, PRs and foreigners with a Singapore Employment Pass aged 21 and above|
|Lifestyle privileges such as dining and shopping discounts|
|Singapore Citizens / PRs||Foreigners / Expats|
|Age||21 and above||21 and above|
For salaried employees:
Here are 3 simple steps to apply for the Citi Cash Back+ Card
You may begin your application by clicking on our Citi Cash Back+ Card application link.
When you choose to apply online or through the Citi Mobile App and via SingPass MyInfo, Citibank will pull your identity and income data from SingPass (which is already verified), thus cutting short the processing time. The approval-in-principle page will appear within minutes of submitting your MyInfo.
You'll need to provide all the necessary documentation in order for Citibank to approve your personal loan application. This list of documents include:
You’ll be able to activate your Citi Cash Back+ Card instantly through the Citi Mobile® App and be invited to enter your 6-digit Unlock Code to secure all your credit card transactions. Thereafter, it’s ready for you to use on any of your purchases and you can track your cash back rewards with your Citi Mobile® App!
Besides the Citi Cash Back+ Card, the Standard Chartered Bank (SCB) Smart Credit Card and CIMB World Mastercard are also among the other popular options you would have come across on MoneySmart's online credit card comparison wizard. Let's pit these 3 credit cards against one another to have a closer look at their requirements and benefits.
The key factors which we'll look at are interest rates, annual fees, minimum annual income requirements and cash back benefits.
Among the 3 credit cards, the Citi Cash Back+ Card is the most convenient for spending on any category as you do not have to worry about checking on what type of purchases will entitle you to cash back. As long as you spend with your Citi Cash Back+ Card, there is at least a 1.6% cash back for you.
If you're looking for a higher percentage of cash back on certain types of purchases then the SCB Smart Credit Card may be a more apt option with its 6% cashback on everyday spend at selected merchants across fast food dining, coffee and toast, digital subscriptions and transportation.
When it comes to interest rates, the Citi Cash Back+ Card and SCB Smart Credit Card charge the highest interest rates of 26.90% and 29.90% respectively, and the Citi Cash Back+ Card even has an initial annual fee of $199. However, the SCB Smart Credit Card offers one of the lowest interest rates among the 3 credit cards here, which can go as low as 23.90%.
Do note that all 3 credit cards require a minimum annual income requirement of $30,000 for Singaporeans and PRs. The Citi Cash Back+ Card is the most attractive option among the three cards for foreigners drawing annual salaries which are lower than $60,000.
|Citi Cash Back + Card||SCB Smart Credit Card||CIMB World Mastercard|
23.90% to 29.90%
$194.40 for Year 1 (First year waiver available)
|Minimum annual income:|
$30,000 for Singaporeans and PRs
$60,000 for foreigners
|Minimum annual income:|
$30,000 for Singaporeans and PRs
Foreigners are not eligible to apply.
Cash back benefits:
The benefits include: