Citi Rewards Card
Citi Rewards Card
- S$1= 10X Points
- on Online & Shopping Purchases
- S$1= 1X Point
- for all other purchases
- 10X Points = 4 Miles
- Rewards Conversion
[HIGHEST VALUE GIFTS | LUXURY WATCH LUCKY DRAW]
Get SUPER UPSIZED 6,140 SmartPoints or SUPER UPSIZED S$400 Cash, on top of an EXTRA S$80 Trip.com coupon, in as fast as 5 weeks from meeting the S$500 spend criteria! T&Cs apply. Use SmartPoints to redeem your favourite product from our Rewards Store today.
PLUS stand a chance to win a Luxury Dive Watch Date Edition (worth more than S$17,000) when you meet the Rolex Lucky Draw criteria! Check out our past Lucky Draw winners here!
Are you eligible?
Promotion is valid from 14-September-2024 to 20-September-2024
Applicable for New-to Citibank Cardmembers only
Customers need to apply through MoneySmart to be eligible
What you need to know
Log into your MoneySmart account and submit your claim by 20th October 2024
*Faster Rewards Redemption: Receive your Reward as fast as 5 weeks from meeting the "Eligible Spends" criteria. T&Cs Apply.
Activate the approved Eligible Card via the Citi Mobile App and spend a minimum of S$500 which falls under “Qualifying Spend” within a 30-day period inclusive of account approval date.
Gift Selection:
a. Up to S$480* SUPER UPSIZED CASH REWARDS: S$400 Cash via PayNow + up to S$80 Trip.com Couponb. SUPER UPSIZED 6,140SmartPoints + up to S$80 Trip.com Coupon
Stand a chance to win a Luxury Dive Watch Date Edition (worth more than S$17,000) when you participate in our Lucky Draw by applying through MoneySmart & meeting the min. spend criteria!
Use 6,140 SmartPoints to fully redeem a product from our Rewards Store. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints. Enjoy flexible redemption and get the rewards you want!
With 6,140 SmartPoints* earned, you can redeem:
- Apple 13-inch MacBook Air M2 | Top up $810 more only
- Apple iPad (10th Gen) | Redeem in full
- S$430 GrabGifts Vouchers | Redeem in full
- Sony WH-1000XM5 Noise Cancelling Headphones | Redeem in full
- OR many other options available at our Rewards Store today.
- For more information regarding SmartPoints, refer to our FAQ here.SmartPoints will be credited into your points wallet, with a validity period of 1 year. You can choose to redeem any reward, or accumulate your points for future redemptions.
Trip.com Coupon are only eligible to be used at this link: https://sg.trip.com/w/moneysmart20
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 rewards do not stack with external or third party promotions, unless otherwise stated. See T&Cs for details.
All Details
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Citi Rewards Credit Card Benefits 2024
Citibank's Citi Rewards Credit Card has been around for a couple of years and serves as one of the primary cards offered by the bank for spenders seeking to accumulate points within the Citi Rewards Programme. It used to be issued as a Visa credit card, but the current Citi Rewards Card has since migrated to the Mastercard network.
This card allows you to accumulate Citi Rewards points, which are convertible into miles, through various means, including online and offline shopping, using Grab or Gojek for transportation, or making purchases through online food and grocery delivery services.
Having all these perks may sound appealing to you, but is it really suitable for your spending habits and lifestyle? Let's find out in this quick review.
Customer reviews on MoneySmart credit card applications
Pros & Cons Of Citi Rewards Card
Pros
- 10X rewards points (equivalent to 4 miles) for every S$1 spent on shopping, online purchases including food delivery and groceries via Grab, and transport via Gojek
- 1X reward point for every $1 spent on all other categories
- 10X Citi Rewards program gives you an additional bonus of 9X Rewards points per S$1 spend on eligible categories on top of the base rate
- Flexibility to earn and accumulate Citi Miles, Citi ThankYou PointsSM or get cashback benefits for payment of your big-ticket bills such as rent, insurance premiums, education expenses, taxes, utilities and more
- Up to 14% fuel savings at Esso and Shell
- Annual fee waiver option available
- Complimentary travel insurance for flight purchases via Citi Rewards Card
- Exclusive access to Citi World Privileges for special deals and discounts locally and in over 90 other countries
- No minimum spend required
Cons
- Interest rate of 27.90%, which is higher than most credit cards (as per MoneySmart's Credit Cards comparison tool)
- Overlimit fee
- Annual fee charges of $98.10 (incl. 9% GST) for supplementary card
- 10X rewards points for every S$1 spent on selected categories excludes travel-related and mobile wallet transactions
- Citi rewards points capped at 10,000 Points per statement month and expires every 5 years
- Cash advance transaction fee
- Foreign currency transaction fee
Compare Citi Rewards Card vs. HSBC Revolution Card vs. SCB Rewards+ Credit Card
At the moment, there are several popular credit cards offering attractive rewards that you can convert to either cash or air miles or other forms of benefits. Citi Rewards Card is just one of them, and comparable alternatives like HSBC Revolution Card and Standard Chartered Rewards+ Credit Card are some of the options listed on MoneySmart's online credit card comparison wizard which you can consider as well.
Let's put these 3 credit cards side by side.
The Citi Rewards Card's "10X rewards points for every $1 spent" perk comes with more limitations as compared to the HSBC Revolution Card and Standard Chartered Rewards+ Card as it excludes travel-related and mobile wallet transactions.
When it comes to air miles, the Citi Rewards Card is on par with the HSBC Revolution Card and Standard Chartered Rewards+ Card as all of them offer 1 reward point for the value of 4 miles.
If you're looking for lower interest rates and a guarantee of no annual fee charges (without the hassle of requesting waivers), the HSBC Revolution Card is more suitable, plus it has the lowest barrier to entry for foreigners looking to qualify for a rewards credit card based on the minimum annual income requirement.
Interest rate: 26.90%
Annual fee:$196.20 (incl. 9% GST, waiver available)
Minimum annual income:
Rewards benefits:
Interest rate: 26.90%
Annual fee:None
Minimum annual income:
Rewards benefits:
Interest rate: 27.90%
Annual fee:$196.20 (incl. 9% GST, first year waiver available)
Minimum annual income:
Rewards benefits:
Citi Rewards Card Application
Here are 3 simple steps to apply for the Citi Rewards Card:
Apply via MoneySmart’s credit cards page
You may begin your application by clicking on our Citi Rewards 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.
Provide all documentation required
You'll need to provide all the necessary documentation in order for Citibank to approve your credit card application. This list of documents include:
- NRIC or other identification details
- Latest computerised payslip
- Latest 12 months; CPF Contribution History Statement
- Latest Income Tax Notice of Assessment (NOA)
Receive your Citi Rewards Card
You’ll be able to activate your Citi Rewards 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 rewards with your Citi Mobile® App!
Frequently Asked Questions About Citi Rewards Card
Are there any fees if I apply for the Citi Rewards Credit Card?
- The Citi Rewards Credit Card charges an annual fee of $196.20 (incl. 9% GST, first-year waiver available), as well as cash withdrawal fees or cash advance transaction fees, late payment fee, minimum monthly payment, foreign currency transaction fee, and overlimit fee.
Am I eligible for the Citi Rewards Credit Card?
- If you’re a Singapore Citizen, Permanent Resident (PR) or foreigner with a valid Singapore Employment Pass, you’re eligible to apply for the Citi Rewards Credit Card, as long as you’re aged above 21, and earn a minimum annual income of $30,000 (for Singaporeans and PRs) or $42,000 (for foreigners).
If I’m late for my monthly Citi Rewards Credit Card bill payment, how much do I have to pay?
- Late payment charge is S$100 and additional interest will be calculated on a daily basis at the most updated EIR determined by Citibank at the point of your late payment.