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As any avid reader of MoneySmart should know, paying for everything by credit card is smart because it lets you earn rewards points, air miles, cashback and more as you spend.
But there are some big-ticket items that you can’t pay by credit card directly without using a separate card payment platform—things like tax, rent, condo management fees, education expenses and electricity bills. Anyone who fervently collects air miles or rewards points has no doubt lamented how much they could have earned on these expenses had they been able to charge them to their credit card.
Sure, you can pay by cheque, but in this day and age when everything is done electronically, spending an extra three minutes writing a cheque can feel positively archaic and more troublesome than it needs to be.
However, with Citi PayAll, a new payment feature introduced for Citi Credit Cards, Citi is now making it possible for you to earn miles and rewards when you pay for certain big ticket items that you often can’t pay for by credit card—in just a few simple steps and by paying a fee.
Citi PayAll lets you earn air miles and rewards in new ways
Thanks to Citi PayAll, you can now pay for your taxes, rent, condominium management fees, education expenses and electricity bills using your Citi Credit Card and earn air miles and rewards points while you’re at it.
All you have to do is to login to the Citi Mobile App to add your payment details, schedule your payment and you’re done! You can even set up recurring payments for certain types of spend!
Citi PayAll lets you earn miles and rewards benefits on the following types of spend
- Your taxes, such as your income tax for 2019
- Your monthly rent payments
- Your child’s school fees and enrichment classes
- Your condominium management fees
- Your electricity bills
How many rewards points and miles can you earn?
By paying with Citi PayAll, you get to enjoy the accumulation of rewards points or miles at the base earn rate offered by the card.
Here’s what you can get when you pay using Citi PayAll.
Air miles (when you enroll Citi PayAll on your Citi PremierMiles Visa card)
– 1.2 Citi Miles for every S$1 of local spending
Rewards (when you enroll Citi PayAll on your Citi Prestige Card)
– 3.25 Points for every S$1 spent
Rewards (when you enroll Citi PayAll on your Citi Rewards Card)
– 1 Point for every S$1 spent
How you can earn a free return trip from Singapore to Tokyo on Business Class
Here’s an example of the benefit you can get if you set up payments for S$6,528 per month paying for things like your rent, school fees and condominium management fees through Citi PayAll using your Citi PremierMiles Visa card.
S$6,528 x 12 months x 1.2 Citi Miles = 94,000 Citi Miles which can get you a free a return trip from Singapore to Tokyo on Business class! (U.P. starts from $S 3,348)1
Fees up to 2% of spend or 2% x S$6,528 x 12 months = S$1,5672
S$3,348 – S$1,567 = S$1,781
1 Miles redemption calculation and business class air ticket fare are based on publicly available information as of 8 April 2019. The above example is for illustration purposes only. Actual business class air ticket fare will vary depending on the airline and period in which the booking is made.
2 The actual fee charged may vary. Customers will be notified of the applicable fee before they decide to make a payment via Citi PayAll.
How it works
In a nutshell, Citi PayAll lets you enjoy all the benefits and convenience of paying by credit cards when you make payment using the Citi Mobile® App.
All you need to do is login to Citi Mobile App, create a new payment and fill in the recipient’s details and how much you want to pay. You then choose which card you want to pay with, before getting a summary of the payment details and fees.
If you want to find out more about how to do this, you can head on over to the Citi PayAll page.
Using Citi PayAll, you’ll now be able to earn miles and rewards on thousands of dollars worth of spending every year in a convenient and fuss-free way. However, do remember to check that the payee details and the amount that you’re paying are accurate to ensure that you’re not overpaying, because you may not be able to recover the payment from the recipient and Citi will not be responsible for any losses you may incur in this regard.
Also, Citi PayAll’s Terms & Conditions warn that an overpayment of taxes may result in the bank clawing back any rewards you’ve received for the overpaid amount.
Already a Citi customer? Simply download the Citi Mobile® App and start paying using Citi PayAll right away with your Citi ULTIMA, Citi Prestige, Citi PremierMiles, or Citi Rewards cards.
If you don’t already have a Citi Credit Card, apply for one today and start using Citi PayAll once you receive your new card.
What payments would you like to be able to make by credit card to earn rewards? Tell us in the comments!