Citibank Cash Back Card Review (2020)

8% cashback across four categories: Dining, Petrol and Groceries.


  • 8% cashback rate across common spend categories: dining, groceries, petrol
  • Relatively low $888 minimum monthly spend


  • Cashback cap of $25 per category (max $75 for the 8% cashback)
  • Take note of exclusions within each cashback category and what counts towards your minimum monthly spend
  • Cashback credited to your account only after you’ve chalked up $50 of cashback
Summary of Product
Highest Cashback Rate: 8%
Minimum Monthly spend: $888
Income Requirement: $30,000 (Singaporeans/PR), $42,000 (Foreigners)
Minimum Age: 21
Annual Fee (Waiver): $192.60 (First year waived)
Sign-up promotion: Yes ($300 cash via PayNow for new cardholders, $30 for existing cardholders)

Table of Content

Why you should choose Citibank Cash Back Card

Do you eat out a lot?
The Citibank Cash Back Card offers 8% cash back on your dining bills at cafes, restaurants and bars, in Singapore and overseas. This also applies for online food deliveries (via Deliveroo and foodpanda). If you regularly head out for food and drinks, this is one of the best cards to help you earn cash back from your dining bills.
Do you shop for groceries every week?
If you’re in charge of getting weekly groceries from supermarkets chains like NTUC and Cold Storage, the Citi Cash Back Card offers one of the highest cash back rates in the market with 8% off your grocery spend. (Pro tip: keep your grocery spend on this card to $312 as there is a $25 cap for this category)
Will you charge around $800 every month to your credit card?
If you’re already chalking up around $800 every month in your daily expenditure, consider using this credit card to earn cash back as you spend. Positioned as a card for your daily expenditure, your monthly expenses are likely to fall in one of the 4 categories (Dining, Groceries and Petrol). Specifically for Petrol, earn up to 20.88% at Esso and Shell stations. Do take note, however, that there’s a $25 cash back cap per category each month, so the maximum cash back you can earn is $75 per month.

Who can apply?

Age Eligibility At least 21 years of age
Income Eligibility Singaporeans/PRs: S$30,000 of annual income Foreigners: S$42,000 of annual income

What charges or fees should you look out for?

Annual Fees $192.60 (first year waived)
Late Payment Charge $100
Interest on Purchases 26.9% per annum 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

How to apply?

Decide to pick up this card? Click on the “Apply Now” button and complete the application form on SingSaver site. Here’s what you will need during the application process:
  • Front and back of NRIC/Passport/Employment Pass
  • For salaried employees,
    • Past 12 months' CPF statement (if Singaporean/PR); OR
    • Latest Income Tax Notice of Assessment; OR
    • Latest original computerised payslip
  • For self-employed,
    • Latest Income Tax Notice of Assessment and last 3 months bank statements

Other Cashback Cards to consider:

Daunted by the minimum spend or looking to compare it with another cash back card? No minimum spend cashback card: Standard Chartered Unlimited Credit Card Shopping Credit Card: UOB YOLO Card Dining Credit Card: OCBC FRANK Credit Card
Looking for other credit cards? Check out the Best Credit Cards in Singapore 2020.