If you’re someone who enjoys exclusive experiences, then the Citi Ultima credit card in Singapore may be the perfect fit for you. This ultra-premium credit card is designed for the most affluent members of society and offers a range of exclusive features and benefits.
To be eligible for the Citi Ultima credit card, you must meet certain income and asset requirements. This is not a card for everyone, and only those with a substantial net worth will be considered. If you do meet the eligibility requirements, however, you’ll be able to take advantage of a range of rewards and benefits that are unmatched by other credit cards.
From luxury private islands to supercar experiences, the Citi Ultima credit card offers a range of exclusive features that are designed to cater to the most discerning tastes. Whether you’re looking for global access and partnerships or simply want to enjoy the best life has to offer, the Citi Ultima credit card is the perfect choice for those who demand the very best.
Key Takeaways
- The Citi Ultima credit card is an ultra-premium credit card designed for the most affluent members of society.
- To be eligible for the card, you must meet certain income and asset requirements.
- The card offers a range of exclusive features and benefits, including luxury private islands, supercar experiences, and global access and partnerships.
Eligibility and Application
If you’re interested in applying for the Citi ULTIMA credit card in Singapore, there are a few things you should know about the eligibility criteria and application process.
Income Requirement
To be eligible for the Citi ULTIMA credit card, you need to meet the minimum income requirement. The annual income requirement for Singapore citizens and permanent residents is S$500,000. For foreign nationals, the annual income requirement is higher.
Assets Under Management
In addition to meeting the income requirement, you also need to have a certain level of assets under management (AUM) with Citibank. The Citi ULTIMA credit card is only available to Citigold Private Client or Citi Private Bank customers. Citigold Private Client customers need to have a minimum AUM of S$1.5 million, while Citi Private Bank customers need to have a minimum AUM of US$10 million.
Invitation Only
The Citi ULTIMA credit card is an invitation-only card, which means you can’t simply apply for it online or in person. To be considered for the card, you need to be invited by Citibank. However, if you meet the income and AUM requirements, you can reach out to your Citibank relationship manager to express your interest in the card.
When applying for the Citi ULTIMA credit card, you’ll need to provide documentation to prove your income and AUM. This may include bank statements, tax returns, and investment account statements.
Overall, the Citi ULTIMA credit card is an exclusive card with strict eligibility criteria. If you meet the requirements and are invited to apply, you’ll enjoy a range of benefits and rewards that are tailored to high net worth individuals.
Rewards and Benefits
If you’re looking for a credit card that offers fantastic rewards and benefits, the Citi ULTIMA Card is an excellent choice. Here are some of the top rewards and benefits that come with this card.
Travel Perks
The Citi ULTIMA Card is perfect for frequent travellers. With this card, you can earn 5 Citi ThankYou Points (2 Miles) for every eligible S$1 foreign currency spend and 4 Citi ThankYou Points (1.6 Miles) for every eligible S$1 spent locally. These points can be redeemed for flights, hotels, and other travel-related expenses. Plus, you’ll get access to the Priority Pass airport lounge program, which gives you access to over 1,000 airport lounges worldwide.
Dining Privileges
The Citi ULTIMA Card also offers fantastic dining privileges. You’ll get discounts and special offers at some of the best restaurants in Singapore. Plus, you can earn 10 Citi ThankYou Points (4 Miles) for every S$1 spent on dining, including cafes, bars, and restaurants.
Lifestyle Advantages
The Citi ULTIMA Card offers a range of lifestyle advantages to cardholders. You can earn 10 Citi ThankYou Points (4 Miles) for every S$1 spent on fashion-related purchases, including department stores, clothing stores, and more. Additionally, you’ll get access to the Companion Airfare Programme, which allows you to purchase a second ticket at a discounted rate when you book a flight.
Overall, the Citi ULTIMA Card is an excellent choice for anyone looking for a credit card with fantastic rewards and benefits. With its excellent travel perks, dining privileges, and lifestyle advantages, this card is sure to meet all your needs. Plus, with a low annual fee, it’s an affordable choice for anyone looking to maximise their rewards.
Exclusive Features
The Citi Ultima credit card Singapore is designed to cater to your affluent lifestyle. It offers an array of exclusive benefits that will take your travel and dining experiences to the next level. Here are some of the exclusive features that come with the Citi Ultima credit card:
Ultima Mastercard
The Ultima Mastercard is a premium credit card that comes with a wide range of benefits, including travel insurance, access to exclusive events, and complimentary airport transfers. With this card, you can enjoy up to 10% cashback on your dining expenses at selected restaurants in Singapore. You can also earn reward points that can be redeemed for travel, shopping, and dining vouchers.
Priority Pass Cards
The Citi Ultima credit card comes with two complimentary Priority Pass cards that give you access to over 1,000 airport lounges worldwide. You can enjoy a comfortable and relaxing environment while waiting for your flight, with complimentary food and drinks, Wi-Fi, and other amenities. You can also bring a guest with you for free.
Bespoke Service
The Citi Ultima credit card offers bespoke service that is tailored to your needs. You will have access to a dedicated team of Lifestyle Relationship Managers who will assist you with your travel, dining, and entertainment needs. They can help you plan your itinerary, make restaurant reservations, and book tickets to concerts and events. They can also arrange for exclusive experiences, such as private tours, wine tastings, and spa treatments.
In conclusion, the Citi Ultima credit card Singapore is an excellent choice for those who want to enjoy a luxurious lifestyle. With its exclusive features, such as the Ultima Mastercard, Priority Pass cards, and bespoke service, you can travel and dine in style. The Citi Ultima credit card also comes with supplementary cards that you can give to your family members, allowing them to enjoy the same benefits as you. So, if you want to experience the best that life has to offer, apply for the Citi Ultima credit card today!
Global Access and Partnerships
As a Citi Ultima cardholder in Singapore, you have access to a range of exclusive benefits and partnerships that can enhance your travel experience. These include partnerships with major airlines and the APEC Business Travel Card program.
APEC Business Travel Card
The APEC Business Travel Card is a program that allows pre-cleared business travellers expedited entry into participating countries in the Asia-Pacific Economic Cooperation (APEC) region. As a Citi Ultima cardholder, you can apply for this card and enjoy streamlined travel across the region. This is a great benefit for frequent business travellers who want to save time and hassle at immigration checkpoints.
Airline Partners
Citi Ultima has partnered with some of the world’s leading airlines to offer you exclusive travel benefits and rewards. These include American Airlines, British Airways, Delta, Etihad, Lufthansa, Qantas, and Singapore Airlines. You can earn miles on these airlines when you use your Citi Ultima card to purchase tickets or pay for other travel expenses.
In addition to earning miles, you can also enjoy other perks such as lounge access, priority boarding, and upgrades. For example, as a Citi Ultima cardholder, you can enjoy complimentary access to the American Airlines Admirals Club lounges when you travel on American Airlines or any of its oneworld partners. Similarly, you can enjoy access to the British Airways Galleries lounges when you travel on British Airways or any of its partners.
Overall, the partnerships and benefits available to Citi Ultima cardholders in Singapore provide exciting opportunities for travel and convenience. With access to the APEC Business Travel Card program and partnerships with major airlines, you can enjoy a seamless and rewarding travel experience.
Costs and Considerations
Annual Fees
When considering the Citi ULTIMA Card, it is important to keep in mind the annual fees. The basic card annual fee is a whopping $4,199.04, inclusive of 8% GST. However, it is worth noting that there is no supplementary card annual fee, which can be a huge cost-saving benefit for those looking to add authorized users to their account.
Renewal Bonus
One of the benefits of holding a Citi ULTIMA Card is the renewal bonus. If you renew your card membership after the first year, you will receive a bonus of 150,000 miles. This can be a great way to offset the high annual fee and make the card more worthwhile.
It is also worth noting that the credit limit for the Citi ULTIMA Card is set at a minimum of $200,000, so this card is not for everyone. However, if you are a high-income earner who frequently travels overseas, the benefits of the card may outweigh the high annual fee.
Overseas Spend
The Citi ULTIMA Card offers great rewards for overseas spend, with 2 miles earned per dollar spent. This can be a huge benefit for frequent travellers, especially if you travel for business and can charge your expenses to the card.
Overall, the Citi ULTIMA Card is a great option for high-income earners who travel frequently and are looking for a card that offers top-tier benefits. However, the high annual fee and credit limit may be a barrier for some, so it is important to consider your financial situation and spending habits before applying for the card.
Frequently Asked Questions
What are the exclusive benefits of the Citi Ultima card?
The Citi Ultima card offers a range of exclusive benefits, including access to luxury airport lounges, complimentary travel insurance, and personalized concierge services. You can also earn rewards points on every dollar spent, which can be redeemed for a range of benefits, including travel vouchers, cashback, and merchandise.
How can one qualify for the Citi Ultima credit card?
To qualify for the Citi Ultima card, you need to have a high net worth and a substantial annual income. The card is designed for the affluent segment in Singapore, and the eligibility criteria are restrictive, preserving its exclusivity.
What is the minimum annual income required to apply for the Citi Ultima card?
The minimum annual income required to apply for the Citi Ultima card is $500,000. This is one of the highest income requirements for a credit card in Singapore, reflecting the exclusive nature of the card and the premium benefits that come with it.
How does the Citi Ultima card compare to the Citi Prestige card?
The Citi Ultima card is considered the premium offering from Citibank, offering a range of exclusive benefits and personalized services. The Citi Prestige card is also a premium card, but it has a lower annual fee and a lower income requirement. The benefits of the Citi Prestige card are still impressive, but they are not as exclusive as those offered by the Citi Ultima card.
Is the Citi Ultima card considered the premium offering from Citibank?
Yes, the Citi Ultima card is considered the premium offering from Citibank. It is designed for the affluent segment in Singapore and offers a range of exclusive benefits and personalized services. The card has a high annual fee and a high income requirement, reflecting its exclusive nature and the premium benefits that come with it.
What perks come with the Citi Ultima card that justify its cost?
The Citi Ultima card offers a range of perks that justify its high annual fee, including access to luxury airport lounges, complimentary travel insurance, and personalized concierge services. You can also earn rewards points on every dollar spent, which can be redeemed for a range of benefits, including travel vouchers, cashback, and merchandise. The card also offers exclusive benefits, such as access to private islands and supercar experiences, that are not available with other credit cards.
