Are you considering applying for the Citibank Ultima Card in Singapore? This ultra-luxury credit card is one of the most exclusive cards on the market, available only to the wealthiest individuals in Singapore. With a minimum income requirement of $500,000 per year or at least $5 million in assets under management with Citibank, the Ultima Card is designed for high net worth individuals who demand the very best in financial services.
The Citibank Ultima Card offers a range of exclusive features and benefits, including access to airport lounges, concierge services, and premium travel rewards. Cardholders can also enjoy exclusive partnerships and offers, such as access to luxury private islands, supercar experiences, and more. If you’re looking for a credit card that offers unparalleled luxury and prestige, the Citibank Ultima Card may be the perfect choice for you.
Key Takeaways
- The Citibank Ultima Card is one of the most exclusive credit cards in Singapore, with a minimum income requirement of $500,000 per year or at least $5 million in assets under management with Citibank.
- The Ultima Card offers a range of exclusive features and benefits, including access to airport lounges, concierge services, and premium travel rewards.
- Cardholders can enjoy exclusive partnerships and offers, such as access to luxury private islands, supercar experiences, and more.
Overview of Citi Ultima Card
If you’re looking for a credit card that offers unparalleled luxury and exclusivity, the Citi Ultima Card is one of the most elite options available to you. This invitation-only card is designed for the affluent segment in Singapore, offering a range of exclusive benefits and privileges that you won’t find with other credit cards.
What Is the Citi Ultima Card?
The Citi Ultima Card is a luxury credit card that is only available to a select few individuals who meet the strict eligibility criteria. To be eligible for the card, you must have a minimum annual income of $500,000 and be a member of Citigold Private Client or Citi Private. This exclusivity ensures that the card remains one of the most prestigious and sought-after credit cards in Singapore.
As a Citi Ultima Cardholder, you’ll enjoy a range of exclusive benefits and privileges, including access to exclusive events and experiences, dedicated concierge services, and complimentary travel insurance. You’ll also earn rewards points on your spending, which can be redeemed for a range of products and services.
The Prestige of Invitation-Only
One of the most unique aspects of the Citi Ultima Card is that it is invitation-only. This means that you cannot apply for the card directly – instead, you must be invited by Citibank to become a cardholder. This exclusivity ensures that only the most affluent and elite individuals are able to access the card’s benefits and privileges.
So if you’re looking for a credit card that offers unparalleled luxury and exclusivity, the Citi Ultima Card is one of the most elite options available to you. With its invitation-only status, strict eligibility criteria, and range of exclusive benefits and privileges, it is the ultimate status symbol for the most affluent individuals in Singapore.
Key Features and Benefits
The Citibank Ultima Card Singapore is a premium credit card that offers a range of benefits and rewards for affluent clientele. Here are some of the key features and benefits of the card:
Comprehensive Rewards Programme
The Citibank Ultima Card Singapore offers a comprehensive rewards programme that allows you to earn Citi ThankYou Points for every dollar spent on eligible purchases. You can redeem these points for a range of rewards, including flights, hotels, and other travel-related expenses. The card also offers accelerated rewards for foreign currency spend, allowing you to earn more points when you travel.
Travel Perks and Lounge Access
The Citibank Ultima Card Singapore is perfect for frequent travellers, offering a range of travel perks and benefits. You can enjoy complimentary access to Priority Pass lounges worldwide, as well as travel insurance coverage for you and your family. The card also offers exclusive travel privileges, including discounts on flights and hotels, and access to airport limousine services.
Dining and Lifestyle Privileges
The Citibank Ultima Card Singapore offers a range of dining and lifestyle privileges, including exclusive access to some of the best restaurants in the city. You can enjoy discounts on dining and entertainment, as well as access to exclusive events and experiences. The card also offers wellness benefits, including discounts on spa treatments and gym memberships.
Overall, the Citibank Ultima Card Singapore is an excellent choice for those looking for a premium credit card with a range of benefits and rewards. With its comprehensive rewards programme, travel perks, and dining and lifestyle privileges, the card offers a range of benefits for those who enjoy the finer things in life. So, if you’re looking for a credit card that can help you live your best life, the Citibank Ultima Card Singapore is definitely worth considering.
Eligibility and Income Requirements
If you’re looking for the ultimate luxury credit card in Singapore, the Citibank Ultima Card may be the perfect choice for you. However, before you apply, you need to meet certain eligibility criteria and income requirements.
Income and Asset Criteria
To be eligible for the Citibank Ultima Card, you need to meet certain income and asset criteria. For Singapore citizens and permanent residents, the annual income requirement is S$500,000. For foreign nationals, the annual income requirement is higher. In addition to meeting the income requirement, you also need to have a certain level of assets under management (AUM) with Citibank.
Citi Private Banking and Citigold Private Client
The Citibank Ultima Card is targeted at high-income and ultra-high net worth clients, and as such, it is only available to Citigold Private Client and Citi Private Banking members. To be eligible for Citigold Private Client, you need to have a minimum AUM of S$1.5 million, while for Citi Private Banking, the minimum AUM requirement is US$10 million.
If you meet the income and asset criteria, as well as the Citigold Private Client or Citi Private Banking membership requirements, you can enjoy the exclusive benefits and privileges that come with the Citibank Ultima Card.
Overall, the Citibank Ultima Card is a premium credit card that offers unparalleled luxury and benefits to high-income and ultra-high net worth clients. If you meet the eligibility criteria and income requirements, this card can provide you with a range of exclusive benefits, including access to airport lounges, concierge services, and rewards points that never expire.
Card Usage and Management
Understanding the Fees
The Citibank Ultima Card is a premium credit card designed for high net worth individuals. As such, it comes with a high annual fee of $3,210. However, this fee is offset by a sizeable renewal bonus of $3,210, making it a worthwhile investment if you are a frequent traveller or someone who enjoys luxury experiences.
Additionally, the card offers unlimited access to airport lounges worldwide, complimentary travel insurance, and exclusive dining privileges at some of the best restaurants in Singapore. These benefits make the annual fee worth the investment.
Supplementary Cards and Benefits
The Citibank Ultima Card also offers supplementary cards to your family members, which come with their own set of benefits. Supplementary cards come with a lower annual fee of $1,605 and offer the same privileges as the primary cardholder.
The supplementary cardholder can also enjoy a complimentary night’s stay at selected luxury hotels worldwide, subject to terms and conditions.
Managing Your Card Online
Citibank offers a comprehensive online portal where you can manage your Citibank Ultima Card. You can view your credit limit, check your balance, and monitor your transactions online. Additionally, you can set up alerts to receive notifications when your credit limit is close to being exceeded or when you have made a transaction in a foreign currency.
The online portal also allows you to apply for a supplementary card, request for a credit limit increase, or report a lost or stolen card. With the Citibank Ultima Card, managing your finances has never been easier.
In conclusion, the Citibank Ultima Card is an excellent investment for high net worth individuals who enjoy luxury experiences. With its high annual fee, the card offers exclusive privileges and benefits that are unmatched by other credit cards. By understanding the fees, taking advantage of supplementary cards, and managing your card online, you can make the most out of your Citibank Ultima Card.
Exclusive Partnerships and Offers
As a Citi ULTIMA Cardholder, you have access to exclusive partnerships and offers that provide you with a range of benefits. Here are some of the most exciting ones:
Airline and Hotel Collaborations
Citi ULTIMA Cardholders can enjoy exclusive benefits when travelling with participating airlines such as Singapore Airlines and KrisFlyer. You can earn KrisFlyer miles when you spend with your Citi ULTIMA Card, and redeem them for flights, upgrades, and other travel-related expenses. Additionally, Citi offers the Airfare Privilege Program for ULTIMA cardholders, which grants a free companion ticket when buying a full fare First or Business Class ticket on participating airlines such as American Airlines, British Airways, Delta, Etihad, Japan Airlines, Lufthansa, Qantas and Qatar Airways.
When it comes to hotel stays, Citi ULTIMA Cardholders can enjoy special privileges and upgrades at participating hotels worldwide. With the Citi Prestige Concierge, you can book your stay and receive exclusive benefits such as complimentary breakfast, room upgrades, and late check-out.
Special Events and Experiences
Citi ULTIMA Cardholders also have access to a range of special events and experiences. Whether you are a fan of music, sports, or the arts, there is something for everyone. You can enjoy VIP access to concerts, sporting events, and cultural activities. Additionally, Citi ULTIMA Cardholders can enjoy exclusive benefits when booking experiences such as private island getaways, supercar experiences, and wine tastings.
The Companion Airfare Program is also a popular benefit for Citi ULTIMA Cardholders. With this program, you can book a companion ticket for a friend or family member when you purchase a full fare First or Business Class ticket on participating airlines. This is a great way to share your travel experiences with loved ones.
In conclusion, Citi ULTIMA Cardholders have access to a range of exclusive benefits and partnerships that provide them with a unique and luxurious experience. Whether you are travelling or enjoying special events and experiences, the Citi ULTIMA Card is the perfect companion for those who demand the best.
Frequently Asked Questions
What are the eligibility criteria for obtaining the Citibank Ultima card in Singapore?
To be eligible for the Citibank Ultima card in Singapore, you must have a minimum annual income of $500,000 and be an existing Citigold member. Additionally, you must have a good credit score and a strong financial background.
Could you highlight the exclusive benefits that come with the Citibank Ultima card?
The Citibank Ultima card comes with a host of exclusive benefits, including access to private jets, luxury yacht charters, and exclusive golf courses. You also get a dedicated concierge service, priority access to airport lounges, and a range of lifestyle and travel perks.
What is the annual fee for the Citibank Ultima card, and is it justifiable?
The annual fee for the Citibank Ultima card is $3,210. While this may seem steep, it is justifiable considering the range of exclusive benefits that come with the card.
In comparison, how does the Citibank Ultima card stack up against the Citibank Prestige card?
The Citibank Ultima card is a step above the Citibank Prestige card in terms of exclusivity and benefits. While both cards offer a range of lifestyle and travel perks, the Ultima card offers even more exclusive benefits such as access to private jets and luxury yacht charters.
What is the minimum credit limit provided with the Citibank Ultima card?
The minimum credit limit provided with the Citibank Ultima card is $1 million. This is in line with the card’s exclusivity and is designed to cater to the needs of high net worth individuals.
How does one become qualified for Citigold status in Singapore?
To become qualified for Citigold status in Singapore, you must maintain a minimum balance of $250,000 in your Citibank account. Additionally, you must have a good credit score and a strong financial background. Once you become a Citigold member, you can apply for the Citibank Ultima card and enjoy its exclusive benefits.