Credit Cards

Citi Rewards Credit Card – MoneySmart Review 2018

Citi Rewards Credit Card

Joanne Poh



Despite the fact that Orchard Road is suffering from vacant units these days, Singaporeans are still shopaholics—it’s just that many people choose to shop online instead of brave the crowds at shopping malls. You can even choose to buy your groceries online if you don’t want to have to interact with other humans.

There are zillions of cards out there that will reward you in one form or another for shopping online, whether in the form of air miles, cashback or rewards points.

The Citi Rewards Credit Card is one of those cards that rewards online shoppers in the form of rewards points, which can then be converted to air miles. Let’s check see just how attractive this card is:

Citi Rewards Card

Citi Rewards Card

Card Benefits

  • Get S$120 Cashback
  • 10X Rewards (10 points or 4 Miles) for every S$1 spent on Shoes + Bags + Clothes at Online, Retail or Department stores, locally and overseas
  • Enjoy discounts of up to 50% at Foodpanda, Lazada, Zalora, Reebonz, and more
  • S$1 spent = 1 Rewards point (All other spend)


Pros and Cons of the Citi Rewards Credit Card



20x rewards points (equivalent to 20 points or 8 air miles) when you shop at DFS, Takashimaya and Tangs.

Promo valid until 3 May 2018.

10x rewards points (equivalent to 10 points or 4 air miles) when you shop for shoes, bags and clothes at online or retail stores and department stores. Valid both locally and overseas.

10x rewards points offer is valid for a maximum of 120,000 rewards points within a 5 year period.

For all other spending, receive 1 rewards point for every $1 spent.

No minimum spending requirement.

Sign-up bonus of $120 cashback for new Citibank cardmembers.

Must spend $200 every month during the first 6 months of card membership to qualify for the full sign-up bonus.

Entry-level minimum income requirement of $30,000 a year.

Annual fee waived for first year.

Annual fee of $192.60.


A decent card for fashionistas

The card’s main strength is its rather generous miles conversion rate. You get the equivalent of 4 miles per $1 spent online, which is pretty good.

The card’s biggest weakness is the fact that the online spending categories that get rewarded are rather limited—you must be using shopping websites with the sale of clothes, shoes and bags as their main business activity. That means you can get 10x cashback for shopping on, but not for buying air tickets on or books from

Still, for shopaholics whose spend a lot on fashion, this can be a good card to have. You also earn 10x rewards points when you shop at department stores both locally and overseas so at least you are not just limited to the online space when it comes to shopping.


Checking out the competition

Let’s have a look at how the Citi Rewards Card compares to similar cards:

  • UOB Preferred Platinum Visa Card – The card that is compared to the Citi Rewards credit card most often, this card also offers 10x UNI$ (equivalent to 4 miles) when you spend on online sites like Shopback, Qoo10 and Reebonz, and also gives you 10x points when you make contactless transactions using payWave or your mobile phone.
  • DBS Woman’s Card – Earn 5x DBS points (equivalent to 10 miles) for every $5 spent online, and 3x DBS points (equivalent to 6 miles) for every $5 spent overseas (preferential rate available for up to $1,000 of spending per month). For all other purchases, you earn 1 point (equivalent to 2 miles) for every $5 spent. And yes, men can sign up for the DBS Woman’s Card too.
  • HSBC Revolution Credit Card  Get 5x rewards (equivalent to 2 air miles) for online transactions. This includes not just shopping but air tickets, movie tickets, insurance premiums, etc. The 5x rewards also extends to local dining and entertainment. Everything else gets 1x rewards. This card is nowhere near as generous as Citi Rewards when it comes to air miles.

The Citi Rewards Credit Card is a strong card, but it’s not the best. When it comes to shopping, especially online shopping, it’s important to first figure out where you are going to be shopping most and then match the right card to maximise the benefits you get from the points multiplier.


Citi Rewards Card minimum income

Singaporeans & PRs: $30,000
Foreigners: $42,000

Citi Rewards Card annual fee

$192.60 (waived for first year)

What is your favourite credit card to use for online shopping? Share your recommendations in the comments!

Keep updated with all the news!


Joanne Poh

In my previous life, I was a property lawyer who spent most of my time struggling to get out of bed or stuck in peak hour traffic. These days, as a freelance commercial writer, I work in bed, on the beach, in parks and at cafes, all while being really frugal. I like helping other people save money so they can stop living lives they don't like.