Citibank Rewards Card – MoneySmart Review 2021

The

Citibank Rewards Card is one of the more attractive credit cards in Singapore for shopaholics, offering 10X rewards points (or $1 = 4 miles) when you shop online (excluding travel-related transactions). You can use it for certain offline purchases as well.

If you’re a serious digital native who regularly takes Grab, orders food from online delivery services, shop online, this arrangement should sound heavenly to you because the points you get from online shopping can be converted into frequent flyer miles or… even MORE shopping vouchers!

Let’s see how attractive this card really is:

Citibank Rewards Card terms & conditions

Citi Rewards Card

Annual fee & waiver

$192.60 (waived for 1 year)

Supplementary annual fee

$96.30

Interest free period

25 days

Annual interest rate

26.90%

Late payment fee

$100

Minimum monthly repayment

1% or $50, whichever is higher

Foreign currency transaction fee

3.25%

Cash advance transaction fee

6% or $15, whichever is higher

Overlimit fee

$40

Minimum income

$30,000 (Singaporean/PR) / $42,000 (non-Singaporean)

Card association

Mastercard

Wireless payment

MasterCard PayPass, Samsung Pay, Citi Pay

Receive 30,000 Citi ThankYou Points when you spend $3,000 in the first 3 months. How’s that for a welcome gift?

Citibank logo>
Citibank logo

MoneySmart Exclusive

Earn Points for Online Spending

>Citi Rewards Card

Online Spend, including Food Delivery and Groceries
S$1= 10X Points
Grab and Gojek
S$1= 10X Points
All Other Spend
S$1 = 1 Point

MoneySmart Exclusive:

Apply and spend $200 to get:

$300 Cash OR an

Ergotune Ergonomic Classic Chair (worth $399)

OR

Apply and spend $500 to get MORE:

$350 Cash OR the

NEW

10.2-inch Apple iPad Wi-Fi 64GB (worth $499) OR an

Ergotune Ergonomic Classic Chair (worth $399)!

Valid until 30 Sep 2021

Apply Now

More Details

Key Features

  • 10X Rewards on all online purchases (excludes travel-related transactions). Bank's T&Cs apply

  • 10X Rewards on Ride-hailing, Shopping and Online spends. T&Cs apply

  • 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

  • 10X Rewards capped at 10,000 Points per statement month and expires every 5 years

See all card details

How the Citi Rewards Card works

The card’s main strength is its generous miles conversion rate. You get

10X rewards points, the equivalent of

$1 = 4 miles, for all online spend (excluding travel-related purchases) and shopping spend at selected departmental, retail and online stores.

Also, note that $1 spent = 1 Rewards point (all other spend). No minimum spend required, no cap.

The 10X Rewards are

capped at 10,000 points per statement month.

Citibank logo>
Citibank logo

MoneySmart Exclusive

Earn Points for Online Spending

>Citi Rewards Card

Online Spend, including Food Delivery and Groceries
S$1= 10X Points
Grab and Gojek
S$1= 10X Points
All Other Spend
S$1 = 1 Point

MoneySmart Exclusive:

Apply and spend $200 to get:

$300 Cash OR an

Ergotune Ergonomic Classic Chair (worth $399)

OR

Apply and spend $500 to get MORE:

$350 Cash OR the

NEW

10.2-inch Apple iPad Wi-Fi 64GB (worth $499) OR an

Ergotune Ergonomic Classic Chair (worth $399)!

Valid until 30 Sep 2021

Apply Now

More Details

Key Features

  • 10X Rewards on all online purchases (excludes travel-related transactions). Bank's T&Cs apply

  • 10X Rewards on Ride-hailing, Shopping and Online spends. T&Cs apply

  • 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

  • 10X Rewards capped at 10,000 Points per statement month and expires every 5 years

See all card details

What can you redeem from the Citibank rewards catalogue?

Your points expire in about 5 years, but don’t forget to redeem them for rewards from the >Citibank rewards catalogue

. Log in to your account to find out how many points you’ve earned and when they are expiring.

Citi’s rewards catalogue is actually one of the best in Singapore, as it has loads of items such as watches, toys, jewellery and food in addition to the usual miles and vouchers.

Citibank Rewards Card promotions

Zalora

Citibank Rewards Card – MoneySmart Review 2020
Citibank Rewards Card – MoneySmart Review 2020
  • Up to 30% off storewide + 15% cashback with no min. spend for all Citi Cards, including sale items (discount capped at $40). Promo Code: CITINEW21. For new to ZALORA Citi Cardmembers and valid till 30 September 2021.

  • 15% off storewide with a min. spend of $100 for all Citi Cards, including sale items. Promo Code: CITIZAL21. For existing ZALORA Citi Cardmembers and valid till 31 January 2022.

Deliveroo

Citibank Rewards Card – MoneySmart Review 2020
Citibank Rewards Card – MoneySmart Review 2020
  • $4 off first 3 orders with min. spend of $20. Promo code: CITINEW21. For new customers and valid till 31 October 2021.

  • $8 off with min spend of $40 (Promo code: CITI8OCT). For existing customers and valid till 31 October 2021.

For other food delivery codes, check out our more comprehensive post.

Alternatives to Citibank Rewards Card

The Citi Rewards Credit Card is a strong card, but it’s not the best. When it comes to shopping, it’s important to first figure out where you are going to be shopping most and then match the right card to maximise the benefits you get from the points multiplier.

Let’s have a look at how the Citi Rewards Card compares to similar cards for shoppers:

OCBC Titanium Card Very similar to the Citibank Rewards Card in that it gives you 10X rewards points (4 miles) per dollar spent on the same merchant categories, plus electronics and kids’ wear. It also includes giants like Taobao, Amazon and Best Denki, where it’s super easy to make huge purchases that rack up points. Similarly capped at 120,000 points for a one year period so you needn’t worry about bursting a monthly cap.

OCBC logo>
OCBC logo

>OCBC Titanium Rewards Card (Pink)

on Online, Offline, Local and Overseas spend
S$1 = 10 OCBC$
with 18,000 OCBC$
S$50 Titanium cash
Rewards to Miles Conversion
10 OCBC$ = 4 Miles

Read More

More Details

Key Features

  • 10x OCBC$ (10 points or 4 Miles) for every S$1 spent on clothes, shoes, bags, department stores, kidswear, electronic gadgets, online, offline, locally and overseas

  • Cathay Cineplexes offers: S$8.50/ S$11 on movie tickets

  • Up to 16% discount at Caltex and Esso stations

  • Complimentary JetQuay Quayside single trip service and discounted trip service

  • Enjoy exclusive access at USD 27 per visit per person to more than 800 lounges regardless of the airline

  • First 2 years fee waiver for principle & supplementary cardmembers

See all card details

>UOB Preferred Platinum Visa Card

– Much less snazzy looking than the Citi Rewards card, but a good card nonetheless. It gives you UNI$10 per $5 when you make selected online transactions and contactless transactions.

UOB logo>
UOB logo

>UOB Preferred Platinum Visa Card

on Online Shopping, Entertainment & Contactless Payments
S$5 = 10X UNI$
on All Other Spend
S$5 = 1X UNI$
Rewards to Miles Conversion
1 UNI$ = 2 Miles

Apply Now

More Details

Key Features

  • Up to UNI$10 per S$5 spend on online shopping and entertainment

  • Up to UNI$10 per S$5 spend via mobile contactless payment

  • Earn SMART$ rebates at over 400 participating outlets and use it to offset your next purchase

See all card details

> HSBC Revolution Credit Card

Get 10x Reward points when you shop online, order food delivery or make travel bookings, and make payments via Visa payWave and Apply Pay. There’s no annual fee, no cap and no minimum spend at all.

HSBC logo>
HSBC logo

Earn Points for Everyday Spending

>HSBC Revolution Credit Card

Rewards
S$1= 10 Points
Rewards
S$1= 4 Miles
Min. Spend
S$0

Apply Now

More Details

Key Features

  • No annual credit card fees

  • Get 10X Rewards Points, equivalent to 4 air miles per dollar spent

  • Redeem your rewards points for home, dining, retail, travel, or charity cash vouchers online or offset cash rebates on transactions online via rewards catalogue or the HSBC mobile app

  • Travel Insurance: Enjoy up to S$300,000 coverage when you charge travel expenses to card

See all card details

What is your favourite credit card to use for online shopping? Share your recommendations in the comments!

The post Citibank Rewards Card - MoneySmart Review 2021 appeared first on the MoneySmart blog.

MoneySmart.sg helps you maximize your money. Like us on Facebook to keep up to date with our latest news and articles.

Compare and shop for the best deals on Loans, Insurance and Credit Cards on our site now!

The post Citibank Rewards Card – MoneySmart Review 2021 appeared first on MoneySmart.sg.

Original article: Citibank Rewards Card – MoneySmart Review 2021.

© 2009-2018 Catapult Ventures Pte Ltd. All rights reserved.

Source : https://sg.finance.yahoo.com/news/citibank-rewards-card-moneysmart-review-210030496.html

Here you can find information about how to track lost phone with imei number

Citibank Rewards Card – MoneySmart Review 2021
Citibank Cash Back+ Credit Card – MoneySmart Review (2021)
Citi PremierMiles Card – MoneySmart Review 2021
Citi PremierMiles Card review: Is it really the best card for accumulating miles?
When Your Income Drops, Here’s How to Bounce Back
Instarem Amaze card review: How it works & best credit cards to link
Guide to credit cards
Stock News & Analysis
Citibank Rewards Card – MoneySmart Review 2021
[LIMITED STOCK!] Related eBay Products