If you’re looking for a credit card that rewards you for your daily spending, the Citi SMRT Card in Singapore might be worth considering. This credit card offers cashback on a variety of everyday expenses, including groceries, dining, and public transportation. Plus, it comes with additional benefits like discounts and promotions at selected merchants.
One of the key features of the Citi SMRT Card is the 5% cashback it offers on groceries, dining, and online shopping. You can also earn cashback on your EZ-Link top-ups, making it a convenient option for commuters. Additionally, the card offers discounts and promotions at selected merchants, including up to 14% off at Esso and Shell petrol stations.
To be eligible for the Citi SMRT Card, you must be a Singaporean or Permanent Resident with a minimum income of $30,000 per year. Foreigners with a minimum income of $42,000 per year are also eligible. The application process is straightforward and can be completed online or in person at a Citibank branch.
Key Takeaways
- The Citi SMRT Card in Singapore offers cashback on everyday expenses like groceries, dining, and public transportation, as well as discounts and promotions at selected merchants.
- To be eligible for the card, you must meet certain income requirements and can apply online or in person at a Citibank branch.
- Maximise your rewards by using the card for your daily expenses and taking advantage of the discounts and promotions available to cardholders.
Key Features and Benefits
If you’re looking for a credit card that offers generous cash rebates, the Citi SMRT card is an excellent option. With up to 5% savings on your daily spend, you can enjoy significant savings on your everyday purchases.
Generous Cash Rebates
The Citi SMRT card offers up to 5% cash rebates on groceries, online shopping, and public transport rides. You can also earn 5% cash rebates on EZ-Link Auto Top-Up and SimplyGo transactions. Additionally, the card offers 5% cash rebates on taxis and private-hire rides. With a cap of S$600 on SMRT$ rebate annually, you can earn cash rebates quickly and easily.
No Minimum Spend Requirement
Unlike other credit cards that require you to spend a minimum amount before you can earn cash rebates, the Citi SMRT card has no minimum spend requirement. This means that you can start earning cash rebates from your very first purchase.
Easy Redemption of SMRT$
Redeeming your SMRT$ is easy and convenient. You can use your SMRT$ to offset your credit card bill or redeem them for vouchers and other rewards. With a wide range of redemption options available, you can choose the one that best suits your needs.
Overall, the Citi SMRT card is an excellent credit card option for those looking to earn cash rebates on their everyday purchases. With its generous cash rebates, no minimum spend requirement, and easy redemption of SMRT$, you can enjoy significant savings on your daily spend.
Eligibility and Application Process
Qualifying Criteria
To be eligible for the Citi SMRT Card, you must meet the following criteria:
- You must be at least 21 years old
- You must have an annual income of at least $30,000 if you are a Singaporean or Permanent Resident, or at least $42,000 if you are a foreigner
- You must have a good credit rating
Additionally, you will need to provide the following documents when applying for the card:
Application Documents
- A copy of your NRIC or passport
- Your latest Tax Notice of Assessment
- Your latest computerized payslip or latest 12 months’ CPF statement
- For self-employed, a copy of your latest Income Tax Notice of Assessment and latest 3 months’ bank statements
- For foreigners, a copy of your work permit and a utility/telephone bill or bank statement with your name and address
Once you have gathered all the necessary documents, you can apply for the Citi SMRT Card online or in person at a Citibank branch. The application process is quick and easy, and you can expect to receive a response within a few days.
Overall, if you meet the eligibility criteria and provide the necessary documents, you should have no trouble getting approved for the Citi SMRT Card. With its many benefits, including up to 5% savings on your daily spends and online purchases, this card is a great choice for anyone looking to save money and earn rewards.
Maximising Rewards
If you’re looking to get the most out of your Citi SMRT Card, there are a few strategies you can use to maximise your rewards. Here are some tips to help you earn more rewards and save more money.
Strategic Spending
One of the easiest ways to maximise your rewards is to strategically spend on your Citi SMRT Card. For example, you can earn up to 5% savings on your daily spends and online purchases with the Citi SMRT Card. You can also earn up to 10% savings on groceries at selected supermarkets. To make the most of these rewards, consider using your Citi SMRT Card for all your daily expenses, including groceries, transport, and online purchases.
Another way to earn more rewards is to focus on your monthly qualifying retail spend. You can earn up to 5% savings on your monthly qualifying retail spend, which includes all your retail transactions except for those made at selected merchants. To qualify for these savings, you need to spend at least $300 on your Citi SMRT Card each month.
Partner Merchants and Promotions
Citi SMRT Card also offers a range of partner merchants and promotions that can help you earn more rewards. For example, you can earn up to 10% savings on shopping vouchers at selected merchants. You can also earn up to 2% savings on your EZ-Link auto top-up transactions.
To make the most of these promotions, keep an eye out for special offers and discounts from Citi SMRT Card’s partner merchants. You can also check the Citi SMRT Card website for the latest promotions and deals.
In conclusion, by strategically spending and taking advantage of partner merchants and promotions, you can maximise your rewards and save more money with your Citi SMRT Card. So, start using your Citi SMRT Card for all your daily expenses, and keep an eye out for special offers and discounts to earn more rewards.
Understanding the Fees
If you’re considering the Citi SMRT Card in Singapore, it’s essential to understand the fees and charges associated with it. The following subsections will give you a better understanding of the fees and charges you can expect.
Annual Fee Details
The Citi SMRT Card comes with an annual fee of S$196.20, inclusive of 9% GST. Supplementary cardholders will be charged an annual fee of S$98.10, inclusive of 9% GST. The credit limit shown on your card statement is your combined credit limit, effective across all personal basic and supplementary cards held by you, including your personal business card (if any).
Other Charges and Fees
In addition to the annual fee, the Citi SMRT Card comes with other charges and fees. Here’s a breakdown of the charges and fees you can expect:
- Late payment fee: S$100
- Minimum payment due: 3% of the outstanding balance or S$50, whichever is higher
- Cash advance fee: 6% of the amount withdrawn or S$15, whichever is higher
- Interest on cash advance: 28% p.a. (daily interest rate of 0.0767%)
- Interest on purchases: 26.9% p.a. (daily interest rate of 0.0737%)
It’s essential to note that interest charges are only applicable if you carry forward your balance from the previous statement cycle. If you pay your balance in full by the payment due date, you won’t be charged any interest.
In conclusion, the Citi SMRT Card in Singapore comes with an annual fee of S$196.20, inclusive of 9% GST, and other charges and fees. However, if you use the card responsibly and pay your balance in full by the payment due date, you can avoid most of these charges and fees.
Additional Perks and Services
As a Citi SMRT Cardholder, you get access to a range of additional perks and services that make your life easier and more enjoyable. Here are some of the benefits you can enjoy:
Citi World Privileges
With Citi World Privileges, you can enjoy exclusive deals and discounts at over 8,000 establishments in more than 90 countries. Whether you’re travelling for business or pleasure, you can save money on dining, shopping, entertainment, and more. Some of the deals you can enjoy include:
- Up to 50% off at selected restaurants
- Up to 15% off at selected hotels
- Up to 10% off at selected retailers
To take advantage of these deals, simply present your Citi SMRT Card at the participating establishment and pay with your card.
Exclusive Online Deals
As a Citi SMRT Cardholder, you can also enjoy exclusive deals when you shop online. From travel bookings to retail purchases, you can save money on a range of products and services. Some of the deals currently available include:
- Up to 10% off on online travel bookings
- Up to 15% off on selected online retailers
- Up to 25% off on selected online fashion brands
To enjoy these deals, simply visit the Citi World Privileges website or the Citi SMRT Card website and check out the latest offers. You can also sign up for email alerts to stay updated on the latest deals and promotions.
In addition to these perks, you can also take advantage of other services such as Citi PayLite, Citi FlexiBill, and Citi Quick Cash. These services allow you to convert your purchases into instalment plans, pay your bills in instalments, or get cash advances on your credit limit. With these services, you can manage your finances more effectively and enjoy greater flexibility and convenience.
Overall, the Citi SMRT Card offers a range of benefits and services that make it an excellent choice for anyone looking for a credit card in Singapore. Whether you’re looking for deals and discounts or greater flexibility and convenience, the Citi SMRT Card has something to offer.
Frequently Asked Questions
What are the exciting benefits of owning a Citi SMRT Card?
Owning a Citi SMRT Card comes with a range of exciting benefits. You can earn up to 5% cashback on your daily spend at popular merchants such as supermarkets, online shopping sites, and more. You can also enjoy discounts and promotions at selected merchants, as well as exclusive deals on dining, entertainment, and travel. Plus, the card doubles up as an EZ-Link card, making it convenient for you to travel on MRT and buses.
How can I apply for a Citi SMRT Card and start reaping its rewards?
Applying for a Citi SMRT Card is easy. You can apply online or visit a Citibank branch near you. To be eligible, you need to be a Singaporean or Permanent Resident and be at least 21 years old. You also need to have a minimum annual income of $30,000 for Singaporeans and $42,000 for foreigners. Once your application is approved, you can start using your card and enjoy its benefits.
What’s the process for setting up auto top-up on the Citi SMRT Card?
Setting up auto top-up on your Citi SMRT Card is a simple process. You can do it online or at any TransitLink Ticket Office. You need to link your card to your EZ-Link account and choose the auto top-up amount and threshold. Once you’ve set it up, your card will automatically be topped up when your balance falls below the threshold.
How can I use my Citi SMRT Card to travel on MRT and buses?
Using your Citi SMRT Card to travel on MRT and buses is easy. Simply tap your card on the card reader when you board and alight from the train or bus. The fare will be deducted from your card balance, and you can top up your card at any TransitLink Ticket Office or AXS machine.
What’s the best way to redeem points accumulated on my Citi SMRT Card?
You can redeem your points accumulated on your Citi SMRT Card for cash rebates, vouchers, or miles. The best way to redeem your points depends on your needs and preferences. Cash rebates are a good choice if you want to save money on your daily expenses, while vouchers and miles are ideal if you want to treat yourself to something special or plan a holiday.
Can you guide me through the cancellation process of my Citi SMRT Card?
If you want to cancel your Citi SMRT Card, you can do it online or by calling Citibank customer service. You need to clear any outstanding balance on your card before cancelling it. Once your cancellation request is processed, your card will be deactivated, and you will receive a confirmation email.