If you’re a high-income earner living in Singapore, you may be eligible for one of the most exclusive credit cards in the country: the Citi Ultima. This ultra-premium credit card is designed for those who demand the very best in luxury and convenience, with a range of benefits and features that are unmatched by any other credit card on the market.
The Citi Ultima is only available by invitation, and you’ll need to meet strict eligibility criteria to be considered. This includes earning a minimum income of $500,000 per year or having at least $2 million in assets under management with Citibank. If you’re lucky enough to be invited to apply for the Citi Ultima, you’ll enjoy a host of exclusive benefits and perks that are designed to make your life easier and more enjoyable.
From complimentary airport lounge access to exclusive travel privileges, the Citi Ultima is the ultimate credit card for those who demand the very best. In this article, we’ll take a closer look at the Citi Ultima and its many benefits, as well as the eligibility criteria and application process. We’ll also compare the Citi Ultima to other premium credit cards on the market, so you can see how it stacks up against the competition.
Key Takeaways
- The Citi Ultima is an ultra-premium credit card designed for high-income earners in Singapore.
- The card is only available by invitation and has strict eligibility criteria, including a minimum income of $500,000 per year or at least $2 million in assets under management with Citibank.
- The Citi Ultima offers a range of exclusive benefits and perks, including complimentary airport lounge access and exclusive travel privileges.
Eligibility and Application
If you are 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 and Assets Requirements
To be eligible for the Citi ULTIMA credit card, you need to meet the minimum income requirement of at least £250,000 per annum. In addition, the card is available to Citigold Private Client members with a minimum Assets Under Management (AUM) of £1.5 million and Citi Private members with a minimum AUM of US$10 million.
Invitation and Membership Process
The Citi ULTIMA credit card is an invitation-only card, underscoring its exclusivity. Potential members may initiate enquiries through Citibank’s private clients services. If you are eligible, you will receive an invitation to apply for the card.
The application process is straightforward and can be completed online. You will need to provide personal and financial information, including proof of income and assets. Once your application is approved, you will receive your Citi ULTIMA credit card.
In summary, the Citi ULTIMA credit card is a high-end credit card available to those who meet the income and assets requirements. It is an invitation-only card, so you will need to contact Citibank’s private clients services to initiate the application process. If you are looking for a credit card that offers exclusive benefits and privileges, the Citi ULTIMA credit card may be the perfect fit for you.
Card Benefits and Features
If you’re looking for a credit card that offers exclusive lifestyle perks, travel privileges, and dining and entertainment benefits, the Citi ULTIMA Card is definitely worth considering. Here are some of the features and benefits that make this card stand out:
Exclusive Lifestyle Perks
As a Citi ULTIMA Cardholder, you’ll enjoy access to a range of bespoke experiences and exclusive benefits. These include everything from private shopping events to VIP access to some of the most sought-after events in Asia. You’ll also receive personalised service from a dedicated ULTIMA Relationship Manager who can help you plan your next adventure or arrange special experiences.
Travel Privileges
The Citi ULTIMA Card is designed for frequent travellers who demand the best. As such, it offers an impressive range of travel privileges, including complimentary airport lounge access, travel insurance, and discounts on first or business class tickets. You’ll also receive a Priority Pass membership that gives you access to over 1,000 airport lounges worldwide.
Dining and Entertainment
If you’re a foodie or love attending concerts and shows, the Citi ULTIMA Card has you covered. You’ll enjoy exclusive dining privileges at some of the best restaurants in Singapore and beyond, as well as invitations to private dining events and wine tastings. You’ll also receive discounts on tickets to concerts and shows, as well as access to exclusive events and experiences.
The annual fee for the Citi ULTIMA Card is $3,210, which is quite high. However, if you’re a high-income earner who values luxury and exclusive benefits, it’s definitely worth considering. You’ll earn 1 ThankYou Point for every $1 spent on the card, which can be redeemed for a range of rewards, including travel, dining, and merchandise.
Overall, the Citi ULTIMA Card is an excellent choice for anyone looking for a credit card that offers exclusive benefits and experiences. Whether you’re a frequent traveller, a foodie, or simply someone who values luxury and bespoke experiences, this card is definitely worth considering.
Rewards and Earning Potential
If you’re looking for a credit card that offers an impressive rewards program, the Citi ULTIMA Card is definitely worth considering. This card is designed for high-income earners who demand luxury and exclusivity in their financial products. Here’s a closer look at the rewards and earning potential of the Citi ULTIMA Card.
Miles and Points Accumulation
The Citi ULTIMA Card offers impressive miles and points accumulation rates, making it an attractive option for frequent flyers and travellers. When you use your card for local spend, you can earn 1.6 miles per dollar spent. For overseas spend, you can earn 2 miles per dollar spent. This means that you can accumulate miles and points quickly, helping you to reach your travel goals faster.
Redemption Options
When it comes to redemption options, the Citi ULTIMA Card offers a lot of flexibility. You can redeem your Thankyou Points for a variety of rewards, including flights, hotel stays, merchandise, and cashback. The conversion fees are relatively low, making it easy to get the most out of your rewards. Plus, there are no blackout dates or restrictions, so you can redeem your points whenever you want.
Overall, the Citi ULTIMA Card is an excellent choice for anyone looking for a credit card with an impressive rewards program. With its high earn rates and flexible redemption options, you can enjoy the benefits of this card while earning rewards for your spending. So, why not sign up for the Citi ULTIMA Card today and start earning rewards for your spending?
Additional Cardholder Advantages
As a Citi Ultima Credit Cardholder, you can enjoy many benefits for your supplementary cardholders and family members. Here are the advantages you can expect:
Supplementary Cards and Family Benefits
The Citi Ultima Credit Card Singapore offers supplementary cards to your family members, which they can use to enjoy the same benefits and privileges that you do. You can have up to 4 supplementary cards, and each card comes with its own set of benefits.
For instance, your supplementary cardholders can enjoy exclusive discounts on dining, shopping, and travel, as well as access to airport lounges worldwide through Priority Pass Cards. They can also earn rewards points on their purchases, which they can redeem for a variety of items, including travel, merchandise, and cash rebates.
Moreover, the Citi Ultima Credit Card Singapore provides your family members with bespoke service and fast track immigration services when travelling. This means that they can enjoy a hassle-free travel experience, with personalised assistance at every step of the way.
Exclusive Client Services
As a Citi Ultima Credit Cardholder, you also have access to a team of Lifestyle Relationship Managers, who can help you plan your travel, entertainment, and dining experiences. They can provide you with insider tips and recommendations, as well as make reservations and bookings on your behalf.
In addition, if you are a Citigold or Citi Private Bank customer, you can enjoy even more benefits, such as personalised investment advice, access to exclusive events, and priority service at Citi branches worldwide.
Overall, the Citi Ultima Credit Card Singapore offers you and your family members a wide range of benefits and privileges, which can enhance your lifestyle and make your life easier and more enjoyable. With its exclusive client services, fast track immigration, and bespoke service, the Citi Ultima Credit Card Singapore is a must-have for anyone who values luxury and convenience.
Comparative Analysis
Citi Ultima vs Competitor Cards
The Citi Ultima Card is a luxury credit card designed for high-net-worth individuals and ultra-high net worth clients. It is positioned as one of the most exclusive credit cards in Singapore, along with the American Express Centurion Card, DBS Insignia, and UOB Reserve Card.
Compared to its competitors, the Citi Ultima Card offers a range of premium benefits, including 24/7 concierge service, access to exclusive airport lounges, and complimentary travel insurance. It also provides a generous rewards programme, allowing cardholders to earn points for every dollar spent on eligible purchases.
In terms of fees, the Citi Ultima Card has a high annual fee, which is balanced with a sizeable renewal bonus. However, the card offers a range of perks that make it a worthwhile investment for those who can afford it.
Market Positioning
The Citi Ultima Card is positioned as a luxury credit card for affluent individuals who value exclusivity and premium benefits. It competes with other high-end credit cards, such as the DBS Insignia and UOB Reserve Card, which also offer exclusive perks and rewards programmes.
However, the Citi Ultima Card differentiates itself from its competitors by offering a wider range of benefits, including access to exclusive events and experiences, such as luxury private islands and supercar experiences.
Overall, the Citi Ultima Card is a premium credit card that offers a range of exclusive benefits and rewards for high-net-worth individuals. While it may not be suitable for everyone, for those who can afford it, it provides a unique and luxurious experience that is unmatched by other credit cards in Singapore.
Frequently Asked Questions
What fabulous benefits can one enjoy with the Citibank ULTIMA Card in Singapore?
The Citibank ULTIMA Card is an ultra-luxury credit card that offers a wide range of exclusive benefits and privileges to its cardholders. With this card, you can enjoy access to some of the most prestigious airport lounges around the world, complimentary green fees at some of the world’s best golf courses, and even a personal concierge service to help you with your travel and entertainment needs.
What are the criteria to be eligible for the Citi ULTIMA Card?
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.
How does one go about obtaining the Citi ULTIMA Card?
To apply for the Citibank ULTIMA Card, you can visit the Citibank website or go to a Citibank branch in Singapore. You will need to provide proof of your income and financial background, as well as your Citigold membership status.
How does the Citi ULTIMA Card compare to the Citi Prestige Card?
The Citi ULTIMA Card is the most exclusive credit card offered by Citibank in Singapore and is designed for high-net-worth individuals who demand exceptional service and unparalleled benefits. The Citi Prestige Card, on the other hand, is a premium credit card that offers a wide range of benefits and privileges to its cardholders. While both cards offer great benefits, the ULTIMA Card is designed for those who want the absolute best in terms of exclusivity and service.
Is the Citi ULTIMA Card truly a splendid choice for your wallet?
If you are a high-net-worth individual who demands the best in exclusivity, service, and benefits, then the Citibank ULTIMA Card is definitely a splendid choice for your wallet. With its wide range of exclusive benefits and privileges, this card is designed to cater to your every need.
What is the annual fee for the Citibank ULTIMA Card, and is it justified?
The annual fee for the Citibank ULTIMA Card is $3,210, which is one of the highest annual fees for a credit card in Singapore. However, with the wide range of exclusive benefits and privileges that come with this card, the annual fee is definitely justified for those who demand the best in service and exclusivity.