Get S$300 Cash Bonus (Deposited into Your Bank Account) with New Citi Credit Card Sign-up - before 31 December 2019!

Christmas comes early to those who have not applied for a Citi credit card. From 20-31 December 2019, eligible new customers will receive a S$300 cash bonus (which will be transferred into your bank account via PayNow) if they apply for any one of the participating Citi credit cards via SingSaver - the usual welcome bonuses will apply on top of this cash bonus!

Click here to apply for a Citi credit card and get S$300 cash bonus!

Photo Credit: SingSaver

While SingSaver does offer cash bonuses of S$200 to S$250 at times, S$300 is definitely the highest by far so this is an excellent opportunity to get a handsome reward alongside your new credit card. If you are new to Citibank, there are four different credit cards that you may apply for to receive the S$300 cash bonus (do note that the bonus will only apply for your first card as a new customer).

Citi Rewards Card - Perfect for Grab Rides and Shopping (4 Miles per Dollar!)

Photo Credit: Citibank Singapore

The Citi Rewards Card is one the few credit cards in Singapore that will give you an amazing 4 miles per dollar on a few categories of spend. The Citi Rewards Card gives you 10X Rewards (equivalent to 4 miles per dollar) on all eligible online transactions as well as retail (offline) purchases (capped at S$1,000 each month) made across various local and international merchants. If you have been hearing much about the GrabPay Mastercard, the Citi Rewards Card allows you to (unofficially) earn 4 miles per dollar up to the first S$1,000 that you put to your GrabPay balance each month (by statement period). Additionally, spend S$3,000 within 3 months (from the date of approval) to receive 27,000 bonus points (10,800 miles) on top of your usual earn rate!

Sign-up here: Citi Rewards Card

Citi PremierMiles Visa Card - Lounge Access for the Infrequent Traveller

Photo Credit: Citibank Singapore

If you are looking for an accessible credit card that is not overly complicated and allows you to accrue miles easily that do not expire, the Citi PremierMiles Visa Card offers a base earn rate of 1.2 and 2.0 miles per dollar on eligible SGD and non-SGD spend respectively. The Citi PremierMiles Visa Card also comes with a Priority Pass membership which will allow you to access up to two airport lounges per membership year - check out the full list of credit cards in Singapore which will give you airport lounge access! You have the option of enjoying either an annual fee waiver for the first year or a bigger miles bonus if you choose to pay the annual fee.

Sign-up here (Pay Annual Fee): Citi PremierMiles Visa Card - Spend S$9,000, Get 26,500 Bonus Citi Miles 
Sign-up here (First Year Annual Fee Waived): Citi PremierMiles Visa Card - Spend S$3,000, Get 6,400 Bonus Citi Miles

Citi Prestige Card - 4th Night Free at Any Hotel for the Well-travelled

Photo Credit: Citibank Singapore

For all you fancier folks out there, the Citi Prestige Card (which comes with a minimum annual income requirement of S$120,000) might just be something up your alley. The greatest benefit of this card has got to be the 4th night free benefit which you can get across all hotels so long you book through the right channel - the room rate (sans applicable taxes) will be returned back to you in the form of a statement credit. This card also comes with unlimited Priority Pass access (+1 guest) for the main cardholder so you do not have to worry about maxing out your visits ever.

Sign-up here: Citi Prestige Card

Citi Cash Back Card - For the Lazy Singaporean “Who Prefers Cashback”

Photo Credit: Citibank Singapore

While I do not personally subscribe to using a cashback card (since miles cards allow me to travel in First Class and Business Class for free), the Citi Cash Back Card is fairly decent where cashback cards go. By simply charging at least S$888 in retail spend each month, you will be able to unlock 7.75% bonus cash back on Dining, Groceries, and Petrol spend on top of the 0.25% base cashback on all other retail spend - this means that you will be able to earn up to 8% cashback on these bonus categories each month.

The bonus 7.75% cashback is capped at S$25 in each category per statement month. This means that if you do charge S$888 in retail spend to your Citi Cash Back Card each month, you will be able to earn 8% cashback on the first S$322.58 charged within each one of the three distinct bonus categories. Since the base cashback of 0.25% which you earn outside of the bonus categories is extremely unattractive, you should try to make up as much of the S$888 minimum spend across the three bonus categories (since that gives you 8% cashback instead).

• Dining Expenses - S$300 (S$24 Cashback)

• Groceries - S$300 (S$24 Cashback)

• Petrol - S$300 (S$24 Cashback)

• Total Spend = S$900 (minimum spend of S$888 met)

• Total Cashback (Base + Bonus) = S$72 (S$2.25 + S$69.75)

• Effective Cashback = 8%

However, if you spend in only one out of the three categories, your effective cashback will be a lot lower as the maximum cashback per category is capped at S$25.

• Dining Expenses - S$900 (S$27.25 Cashback)

• Groceries - S$0

• Petrol - S$0

• Total Spend = S$900 (minimum spend of S$888 met)

• Total Cashback (Base + Bonus) = S$27.25 (S$2.25 + S$25)

• Effective Cashback = 3.03%

Sign-up here: Citi Cash Back Card