If you’re looking for a credit card that offers tangible rewards on everyday expenses, the Citi Cashback Mastercard is designed to help you get the most out of your spending. In this article, we’ll guide you through the application process and highlight key features that make this card a strong option.
Eligibility Requirements
To be eligible for the Citi Cashback Mastercard, ensure you meet these criteria:
✅ Must be 21 years or older.
✅ Minimum income of S$30,000 for residents or S$42,000 for foreigners.
✅ Must meet Citibank’s credit assessment criteria.
When applying, be ready to provide:
✅ Identity proof (NRIC or passport).
✅ Recent income statements or tax assessments (for salaried individuals).
✅ Recent tax returns and bank statements (for self-employed individuals).
Approval is subject to the fulfillment of requirements, and Citibank may request additional information if needed.
How to apply for this credit card
Applying for the Citi Cashback Mastercard is straightforward. Start by visiting the Citibank Singapore website and fill out the online application form with your personal details. Submit the required documents and wait for the approval process.
Once approved, you can immediately take advantage of the card’s benefits, such as cashback on selected categories and exclusive promotions. If your application is not successful, you can reapply after a period determined by the bank.
Manage invoice payments
Paying your Citi Cashback Mastercard bills is simple and convenient. You can choose from options like automatic debit, online payment through Internet Banking, or using the Citibank mobile app.
It’s advisable to make payments before the due date to avoid additional interest charges. Early payments are also accepted, allowing you to manage your finances effectively.
Fees and costs
Using the Citi Cashback Mastercard involves certain fees. The basic annual fee is S$196.20, waived for the first year.
Late payments may incur an interest rate of up to 26.9% per annum, along with a penalty fee of S$100. Always aim to pay your bill on time to avoid these additional charges.
A comprehensive overview
The Citi Cashback Mastercard is an attractive option for those seeking to earn cashback on daily expenses. While the card offers notable benefits across several spending categories, it’s important to be mindful of the associated costs. Careful usage can help maximize these advantages while keeping expenses under control.
Ready to start maximizing your savings?
Click the button below to apply for the Citi Cashback Mastercard and see how it fits into your financial strategy. Visit the official website for more details and begin your application process.