Are you looking for a credit card that offers unlimited cashback on all your spending, without any minimum spend or cap? If so, you might be interested in the Citibank Cashback Plus Singapore program, which includes the Citi Cash Back+ Card. This credit card offers a hassle-free way to earn 1.6% cashback on all your spending, all year round.
One of the key features of the Citi Cash Back+ Card is that it offers unlimited 1.6% cashback on all your spending, without any minimum spend or cap. This means that you can earn cashback on all your purchases, no matter how big or small. Additionally, the cashback you earn never expires and can be redeemed via SMS or Citi Pay with points.
To maximize your rewards and benefits with the Citi Cash Back+ Card, you can use it for your everyday spending, such as groceries, dining, and fuel. You can also take advantage of the bonus cashback of 0.4% on spending, which is available for Citi Plus customers. Additionally, you can redeem your cashback instantly using the Citi Mobile App.
Key Takeaways
- The Citibank Cashback Plus Singapore program offers the Citi Cash Back+ Card, which provides unlimited 1.6% cashback on all your spending, without any minimum spend or cap.
- To maximize your rewards and benefits, use the card for your everyday spending and take advantage of the bonus cashback of 0.4% for Citi Plus customers.
- You can redeem your cashback instantly using the Citi Mobile App.
Key Features of Citi Cash Back+ Card
If you are looking for a cashback credit card in Singapore, the Citi Cash Back+ Card is one of the best options available. This card offers several key features that make it stand out from the competition. Here are some of the most important features of this card:
Unlimited Cashback
With the Citi Cash Back+ Card, you can earn unlimited cashback on all your purchases. Unlike other cashback cards that have a cap on the amount of cashback you can earn, this card allows you to earn cashback on all your spending, no matter how much you spend.
No Minimum Spend
Another great feature of the Citi Cash Back+ Card is that there is no minimum spend requirement. This means that you can earn cashback on all your purchases, no matter how small they are. Whether you are buying a cup of coffee or a new TV, you can earn cashback on every dollar you spend.
Broad Eligibility Criteria
The Citi Cash Back+ Card is available to a wide range of customers. To be eligible for this card, you must be a Singapore citizen or a foreigner with a minimum income of $30,000 per year. This makes it a great option for anyone who is looking for a cashback card, regardless of their income level or nationality.
Overall, the Citi Cash Back+ Card is an excellent choice for anyone who wants to earn cashback on all their purchases without any restrictions. With its unlimited cashback, no minimum spend requirement, and broad eligibility criteria, this card is one of the best cashback credit cards available in Singapore.
Maximising Rewards and Benefits
When you use your Citibank Cash Back+ Credit Card, you can maximise your rewards and benefits. Here are some tips to help you get the most out of your card:
Optimising Categories for Cashback
One of the best features of the Citibank Cash Back+ Credit Card is that it offers cashback for a variety of categories, including dining, groceries, and petrol. To maximise your cashback, make sure you use your card for these categories whenever possible. For example, if you frequently dine out, use your Citibank Cash Back+ Credit Card to pay for your meals. This will earn you 6% cashback, which can add up quickly over time.
Exclusive Promotions and Offers
Citibank Singapore frequently offers promotions and exclusive offers to its cardholders. Keep an eye out for these promotions, as they can help you earn even more rewards. For example, you might be able to earn bonus cashback when you spend a certain amount on your card during a specific time period. Or you might be able to redeem your rewards for exclusive experiences, such as dining at a Michelin-starred restaurant.
Understanding Exclusions
It’s important to understand the exclusions on your Citibank Cash Back+ Credit Card. For example, some transactions may not be eligible for cashback, such as cash advances, balance transfers, and bill payments. Make sure you read the terms and conditions of your card carefully to avoid any surprises. Additionally, some merchants may not accept credit cards for certain transactions, such as paying for government services. Be aware of these limitations so you can plan accordingly.
By following these tips, you can maximise your rewards and benefits with your Citibank Cash Back+ Credit Card. Remember to keep track of your rewards and redeem them regularly to get the most value out of your card.
Understanding Fees and Charges
When it comes to credit cards, understanding the fees and charges that come with them is crucial. The Citibank Cash Back+ Card is no exception, and it is important to be aware of the potential costs associated with this card.
Annual Fees and Waivers
The Citibank Cash Back+ Card has an annual fee of $196.20, which is waived for the first year. Additionally, there is a supplementary card annual fee of $98.10. However, there is no minimum spend required to earn cashback, and there is no cap on the amount of cashback you can earn.
Other Potential Costs
Late payment charges and overlimit fees can be incurred if you fail to make your payments on time or exceed your credit limit. The late payment charge is $100, while the overlimit fee is $40. It is important to make sure you keep track of your spending and make your payments on time to avoid these additional costs.
If you need to withdraw cash using your Citibank Cash Back+ Card, you will also be charged a cash advance fee of $15 or 8% of the amount drawn, whichever is higher. Additionally, there is a service fee for instalment plans, which is upfront and varies depending on the plan chosen.
In summary, while the Citibank Cash Back+ Card offers great rewards and benefits, it is important to be aware of the potential fees and charges that come with it. By staying on top of your payments and spending, you can make sure to avoid any unnecessary costs and enjoy the full benefits of this card.
Additional Financial Tools and Services
Citi Cash Back+ Card offers a range of additional financial tools and services to help you manage your finances more effectively. Here are some of the most useful ones:
Citi Pay with Points
With Citi Pay with Points, you can use your accumulated Citi ThankYouSM Points to pay for your purchases at participating merchants. You can redeem your points for cash rebates, gift cards, or other rewards. This is a great way to save money on your purchases and get more value out of your rewards points.
Citi PayAll and Balance Transfer
Citi PayAll is a convenient service that allows you to pay your bills and earn rewards at the same time. You can use your Citi Cash Back+ Card to pay for your rent, insurance premiums, education expenses, taxes, utilities and more. You can earn Citi Miles, Citi ThankYouSM Points or Cash Back when you pay your bills with your Citi Credit Card.
Citi Balance Transfer allows you to transfer your outstanding balances from other credit cards to your Citi Cash Back+ Card. You can enjoy lower interest rates and save money on interest charges. This is a great way to consolidate your debts and manage your finances more effectively.
Citibank Deposit Accounts
Citibank offers a range of deposit accounts to help you save and grow your money. You can choose from savings accounts, current accounts, fixed deposit accounts, and more. You can earn interest on your deposits and enjoy other benefits such as free cheque books, free ATM withdrawals, and more.
Investments
Citibank offers a range of investment products and services to help you grow your wealth. You can choose from mutual funds, bonds, stocks, and more. You can work with a financial advisor to create a customised investment portfolio that suits your needs and goals.
Savings Account
Citibank offers a range of savings accounts to help you save money and earn interest. You can choose from basic savings accounts, premium savings accounts, and more. You can earn higher interest rates on your deposits and enjoy other benefits such as free ATM withdrawals, free cheque books, and more.
Overall, Citi Cash Back+ Card offers a range of additional financial tools and services that can help you manage your finances more effectively. Whether you want to save money, earn rewards, or grow your wealth, there is a financial tool or service that can help you achieve your goals.
Applying for Citi Cash Back+ Card
You’re interested in applying for the Citi Cash Back+ Card to earn unlimited cashback on all your spend, but you’re not sure what you need to do. Here’s a breakdown of what you need to know to apply for this card.
Age and Income Requirements
To apply for the Citi Cash Back+ Card, you need to be at least 21 years old and have a minimum annual income of $30,000.
Required Documents
When applying for the Citi Cash Back+ Card, you’ll need to provide the following documents:
- Income Tax Notice of Assessment
- CPF Statement
- Bank Statements
You may also be asked to provide additional documents, depending on your individual circumstances.
Credit Card Chargeback
The Citi Cash Back+ Card comes with a chargeback feature that allows you to dispute any unauthorized transactions on your card. If you notice any unauthorized transactions on your card, you should contact Citibank immediately to report the issue.
Applying for the Card
To apply for the Citi Cash Back+ Card, you can do so online or by visiting a Citibank branch. The application process is simple and straightforward, and you’ll receive a response within a few business days.
Overall, applying for the Citi Cash Back+ Card is a great way to earn cashback on all your spend, with no minimum spend required and no cap on cashback earned. So what are you waiting for? Apply for the Citi Cash Back+ Card today and start earning cashback on all your spend!
Frequently Asked Questions
How can I redeem my cashback with Citibank in Singapore?
Redeeming your cashback with Citibank in Singapore is easy. You can redeem your cashback through your Citibank Online account, by calling the Citibank 24-hour hotline, or by visiting any Citibank branch in Singapore. Once you have accumulated at least $25 in cashback, you can redeem it for statement credits, cash rebates, or vouchers.
What are the exciting benefits of the Citibank Cashback Plus card?
The Citibank Cashback Plus card offers a range of exciting benefits to its users in Singapore. You can earn unlimited cashback on all your spending, with no minimum spend required. You can also enjoy exclusive discounts and privileges at over 1,000 merchants in Singapore, including dining, shopping, travel, and entertainment. Additionally, you can earn up to 8% cashback on your PayAll transactions, such as rent, insurance premiums, education expenses, taxes, and utilities.
What is the credit limit for the Citibank Cashback Plus card in Singapore?
The credit limit for the Citibank Cashback Plus card in Singapore depends on your income, credit score, and other factors. Citibank will assess your creditworthiness and assign you a credit limit that is appropriate for your financial situation. You can also request a credit limit increase or decrease at any time, subject to Citibank’s approval.
Which transactions are eligible for cashback with the Citibank Cashback Plus card?
The Citibank Cashback Plus card offers cashback on all your spending, with no minimum spend required. You can earn 1.6% cashback on all your local spending, and 2% cashback on all your foreign currency spending. You can also earn up to 8% cashback on your PayAll transactions, such as rent, insurance premiums, education expenses, taxes, and utilities.
Are there any exclusions to be aware of for cashback with Citibank Cashback Plus?
Yes, there are some exclusions to be aware of for cashback with Citibank Cashback Plus. You will not earn cashback on the following transactions: cash advances, balance transfers, instalment plans, annual fees, interest charges, late payment charges, and other fees and charges. You should also note that cashback is capped at $80 per statement month, and that it will be credited to your account on the next statement month.
How does the Citibank Cashback Plus card compare to the standard Citibank Cashback card?
The Citibank Cashback Plus card offers more benefits and rewards than the standard Citibank Cashback card. While both cards offer cashback on all your spending, the Citibank Cashback Plus card offers higher cashback rates, unlimited cashback, and exclusive discounts and privileges at over 1,000 merchants in Singapore. Additionally, the Citibank Cashback Plus card offers up to 8% cashback on your PayAll transactions, while the standard Citibank Cashback card does not offer this feature.