Citi Cash Back Credit Card Review: 8% Cashback On Petrol and Transport, 6% On Groceries And Dining

SingSaver team

SingSaver team

Last updated 25 December, 2023

If you’re the head of the household with groceries and petrol as two of your key spending categories, the Citi Cash Back card is one to acquire.

Not to be confused with the Citi Cash Back+ Credit Card, which boasts a flat 1.6% cashback on all spend, the Citi Cash Back card is targeted at those with everyday household spending.

[Update] Offering 8% cash back on private commute and petrol and 6% cash back on dining and groceries, the Citi Cash Back Credit Card is perfect for those who frequently spend on those categories. However, all other spend outside those categories will earn just 0.20% cashback. 

Curious to figure out if the Citi Cash Back Credit Card will fit right into your lifestyle? Well, keep on reading.

Table of contents


What the Citi Cash Back credit card can do for you

Citi-Cash-Back-Master-Credit-Card_2

Citi Cash Back Card product summary: 

  • Highest Cashback Rate: 8%
  • Minimum Monthly spend: $800
  • Income requirement: $30,000 (Singaporeans/PR), $42,000 (Foreigners)
  • Minimum age: 21
  • Annual fee: $196.20 (First year waived; 9% GST w.e.f. 1 Jan 2024)
Pros ✅
Cons ❌
6% cashback on groceries and dining worldwide
Combined cashback cap of $80 across all categories
8% cashback for petrol worldwide
All other retail spend earns 0.20% cashback
[Update] 8% bonus cashback rate for private commute (MCC 4121)
 
Access to both local and international deals under Citi World Privileges
 
Fuel savings of up to 20.88% at Esso & Shell  
Complimentary travel insurance of up to $1 million coverage when you charge your travel tickets to the card
 

CITI_CC_EURO_BLOGARTICLE_800x250

🎉SingSaver x Citi CC Euro Summer Kickoff Lucky Draw🎉: Be one of the 10 lucky winners to win 120k Max Miles each (enough for a pair of economy-class round-trip tickets to anywhere in Europe) when you sign up for an eligible Citibank Credit Card on SingSaver. A total of 10x pairs of tickets will be given away for over 2 weeks, with 5x pairs given weekly. Valid till 23 June 2024. T&Cs apply.

SingSaver's Exclusive Offer: Receive the following rewards and experience Fastest Rewards Fulfilment when you sign up for a Citi Cashback Card.

Citi CC_BLOGARTICLE_800x250 (1)

Receive a Sony Portable Theatre System HT-AX7 (worth S$759) or a Dyson Supersonic (worth S$699) or an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$529) or S$450 eCapitaVoucher or S$300 cash via PayNow upon activating and spending a minimum of S$500 within 30 days of card approval. Valid until 30 June 2024. T&Cs apply.

Rewards Upgrade Campaign_BLOGARTICLE_800x250

⬆️Reward Upgrade Campaign⬆️: Upgrade your rewards when you top up S$999 for an Apple MacBook Air 13” (M3 chip) 256GB (worth S$1,599) or an Apple iPhone 15 Pro 128GB (worth S$1,664.25). Alternatively, top up S$1,488 for a Samsung Galaxy S24 Ultra Titanium Gray 12+512GB 5G (worth S$2,128). Valid till 30 June 2024. T&Cs apply.


Why should you choose the Citi Cash Back credit card?

Citi-Cash-Back-Master-Credit-Card_2

#1: It’s a foodie’s best friend

The Citi Cash Back Card offers an attractive 6% cashback on your dining bills at cafes, restaurants and bars, in Singapore and overseas. This 6% cashback also applies to your meals at fast food restaurants. You might also want to keep a lookout for Citi-exclusive monthly promo codes, for your favourite online delivery platforms such as Deliveroo and foodpanda.


#2: More motivation for grocery runs

If you find yourself the designated grocery runner, get 6% cashback on your grocery spends at local supermarkets like NTUC FairPrice or Cold Storage while at it. This also includes online grocers such as Redmart and FairPrice Online for those who prefer grocery shopping online.

See also: Best Grocery Credit Cards in Singapore


#3: Pump petrol, pump up savings 

Pumping petrol isn’t cheap in Singapore. If you own a car, the Citi Cash Back card can help you to get up to 20.88% in fuel savings at Esso or Shell petrol stations. You will also get 8% cashback when you pump at all other petrol stations worldwide.

Read more:
Best Petrol Credit Cards in Singapore
True Cost to Maintain a Car in Singapore


#4: Your average monthly credit card spend is above $800

As luck would have it, you’ll be maximising your cashback gains from the Citi Cash Back card if your lifestyle expenditure is already falling under dining, groceries and petrol. $80 cashback is the total cap across categories for each month.

Citi cashback tableHow cashback is calculated on Citi Cash Back Card
Source: Citibank


What charges or fees should you look out for?

  • Annual fee: S$196.20 (First year waived, 9% GST w.e.f. 1 Jan 2024)
  • Cash advance fee: S$15 or 6% of amount, whichever is higher
  • Late payment charge: $100 
  • Minimum monthly payment: 1% of current balance plus outstanding unbilled instalment amounts plus all interest charges plus other overdue fees or $50, whichever is higher, plus any overdue amounts 
  • Overlimit fee: Depends on the total outstanding card balance exceeding the total credit limit at any time
  • Interest on purchases: 26.9% p.a. subjected to compounding if full payment is not made by payment due date
  • Interest on cash advance: 26.9% per annum compounded daily on the amount withdrawn from the transaction date until the date that full payment is made
    • Promo rate of 20.9% p.a. is charged if account is deemed under good conduct. This rate will be effective after the next statement billing fate following the payment due date.
    • Otherwise, an increased interest of 29.9% p.a. will be charged if account is past due in the current month.

Eligibility criteria

  • At least 21 years of age
  • Minimum annual income for Singapore citizens and PRs: $30,000 
  • Minimum annual income for Foreigners: $42,000 

How to apply? 

Click on the ‘Apply Now’ button on this page and complete the application form on SingSaver site. You might need to prepare the following documents for the application process:

  • Front and back of NRIC/Passport/Employment Pass
  • Salaried employees: Past 12 months CPF statement (Singaporean/PR) or latest Income Tax Notice of Assessment or latest original computerised payslip
  • Self-employed: Last 2 years' Income Tax Notice of Assessment and last 3 months' bank statements

Should you get the Citi Cash Back Credit Card?

If you’ve got your own household and car to look after, you are likely to spend on groceries and petrol, the two categories that earn an attractive up to 8% cashback. You’ll find that this is one of the highest cashback rates on the market for such categories. The Citi Cash Back is also made for families who regularly pay for everyday household items and meals when dining out.

CITI_CC_EURO_BLOGARTICLE_800x250

🎉SingSaver x Citi CC Euro Summer Kickoff Lucky Draw🎉: Be one of the 10 lucky winners to win 120k Max Miles each (enough for a pair of economy-class round-trip tickets to anywhere in Europe) when you sign up for an eligible Citibank Credit Card on SingSaver. A total of 10x pairs of tickets will be given away for over 2 weeks, with 5x pairs given weekly. Valid till 23 June 2024. T&Cs apply.

SingSaver's Exclusive Offer: Receive the following rewards and experience Fastest Rewards Fulfilment when you sign up for a Citi Credit Card:

📣ONLY AVAILABLE ON SINGSAVER📣: Citi PremierMiles Card and Citi Prestige Card:

Citi PremierMiles_Campaign_BLOGARTICLE_800x250 (1)

Get a Dyson Supersonic (worth S$699) or a Dyson Micro 1.5kg Vacuum (worth S$599) or an Apple iPad 10th Gen 10.9 WiFi 64GB (worth S$529) or S$450 eCapitaVoucher upon activating and spending a minimum of S$500 within 30 days of card approval. Valid until 30 June 2024. T&Cs apply.

Citi CC_BLOGARTICLE_800x250 (1)

Other Citi Credit Cards: Receive a Sony Portable Theatre System HT-AX7 (worth S$759) or a Dyson Supersonic (worth S$699) or an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$529) or S$450 eCapitaVoucher or S$300 cash via PayNow upon activating and spending a minimum of S$500 within 30 days of card approval. Valid until 30 June 2024. T&Cs apply.

Rewards Upgrade Campaign_BLOGARTICLE_800x250

⬆️Reward Upgrade Campaign⬆️: Upgrade your rewards when you top up S$999 for an Apple MacBook Air 13” (M3 chip) 256GB (worth S$1,599) or an Apple iPhone 15 Pro 128GB (worth S$1,664.25). Alternatively, top up S$1,488 for a Samsung Galaxy S24 Ultra Titanium Gray 12+512GB 5G (worth S$2,128). Valid till 30 June 2024. T&Cs apply.

Otherwise, other similar cashback credit cards for everyday spend and family expenses include the Maybank Family & Friends Card, CIMB Visa Signature Card, and UOB One Card.

Maybank-FamilyFriends_card-1024x697

Maybank Family & Friends Card product summary

Bonus cashback 8% on five preferred everyday spend categories
Base cashback 0.3% on all other spend 
Min. spend requirement S$800 spend per calendar month
Cashback cap S$25 per category
⭐ Three-year annual fee waiver

CIMBVisaSignatureCard

CIMB Visa Signature Card product summary

Bonus cashback 10% on online shopping, groceries, beauty & wellness, pet shops & vet services, and cruises
Base cashback 0.2% on all other spend 
Min. spend requirement S$800 spend per statement month
Cashback cap
S$20 per category
No cap on all other spend
Travel insurance Up to S$500,000 complimentary coverage
⭐ No annual fee for life
⭐ Free supplementary cards

UOB_ONE-4

UOB One Card product summary

Bonus cashback
Up to 15% cash rebate on public transport, Shopee, Dairy Farm International merchants, Grab, and UOB Travel
Up to 22.66% fuel savings at Shell and SPC
Base cashback 0.2% on all other spend 

Min. spend requirement
Min. 5 monthly transactions
S$500/S$1,000/S$2,000 spend per statement month
Cashback cap Subject to base, additional, and enhanced cashback tiers respectively

 

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