Citibank credit cards in Singapore fall into three groups: cashback cards that pay either a flat 1.6% or up to 8% in set categories, a general miles card that earns 1.2 miles per dollar, and a points card that earns 10 points per dollar on online and clothing spend. Most charge S$196.20 a year after a fee-free first year and ask for a $30,000 income.
Which one pays you most depends on where your money already goes, and on whether you will meet the minimum spend every month. The details below are as at November 2026.
How We Put This Page Together
Every figure comes from Citibank’s own card pages, its terms documents and its pricing guide dated October 2026. We list the six cards Citibank markets to the general public and leave out student and telco co-brand cards.
We do not quote sign-up gifts. They exist, they change often, and Citibank’s card pages show the current ones. We are not paid by Citibank or any other issuer, and this page does not rank the cards.
Citibank Credit Cards Compared
| Card | Type | What it earns | Cap | Minimum spend | Annual fee | Minimum income |
|---|---|---|---|---|---|---|
| Citi Cash Back+ | Cashback | 1.6% on all eligible spend | None | None | $196.20, first year waived | $30,000 |
| Citi Cash Back | Cashback | 8% petrol and private commute, 6% dining and groceries, 0.2% other | $80 a month | $800 a month | $196.20, first year waived | $30,000 |
| Citi SMRT | Cashback (SMRT$) | 5% groceries, online, taxis, ride-hailing, SimplyGo; 0.3% other | SMRT$600 in 12 months | $500 a month | $196.20, first two years waived | $30,000 |
| Citi PremierMiles | Miles | 1.2 miles per $1 local, 2.2 per $1 foreign currency | None | None | $196.20, first year waived | $30,000 |
| Citi Rewards | Points | 10 points per $1 online and at clothing and department stores; 1 point elsewhere | 9,000 bonus points a month | None | $196.20, first year waived | $30,000 |
| Citi Prestige | Points | 3.25 points per $1 local, 5 per $1 foreign currency | Not stated | None | $651.82, no waiver | $120,000 |
Minimum income shown is for Singaporeans and permanent residents. Foreigners need $42,000 for the first five cards.
What Each Card Does, and Who It Does Not Suit
Citi Cash Back+ pays 1.6% on everything with no minimum spend and no cap, and the cashback does not expire. It does not suit someone whose spending is concentrated in dining, groceries or petrol, where a category card pays several times more.
Citi Cash Back pays the highest rates here, but only once you spend $800 in a statement month. Below that, every dollar earns 0.2%. Total cashback stops at $80 a month. It does not suit a household whose card spend swings above and below $800.
Citi SMRT pays 5% in SMRT$ on groceries, online purchases, taxis, ride-hailing and tap-to-pay public transport once you spend $500 in a month. The terms cap earnings at SMRT$600 in any 12-month period, which is the 5% rate on $12,000 of spend. Heavy spenders reach that ceiling early.
Citi PremierMiles earns the same rate on almost everything, and the miles never expire. Our Citi PremierMiles Card review works through the numbers. It does not suit someone who never redeems flights.
Citi Rewards earns 10 points per dollar, equal to 4 miles, on the first $1,000 a month of online and clothing-store spend. Travel bookings and in-store mobile wallet payments do not earn the bonus. See the Citi Rewards Card review.
Citi Prestige is a premium card with a $651.82 fee that is never waived. It does not suit anyone who would not use its travel benefits enough to cover that fee each year.
A worked example: flat rate or category rate
Take an illustrative household that puts $800 a month on one card: $300 on dining and groceries, $150 on petrol and ride-hailing, and $350 on everything else.
- Citi Cash Back: ($300 × 6%) + ($150 × 8%) + ($350 × 0.2%) = $18 + $12 + $0.70 = $30.70 a month, or about $368 a year.
- Citi Cash Back+: $800 × 1.6% = $12.80 a month, or about $154 a year.
Now suppose the household spends $700 in a quiet month. The Cash Back card pays 0.2%, which is $1.40. The Cash Back+ card pays $11.20.
From the second year, an unwaived $196.20 fee takes more than half of the first card’s yearly cashback and all of the second’s. Illustration only, using Citibank’s published rates as at November 2026.
The short version: Citibank’s category cards pay 5% to 8%, but only above a monthly minimum spend and only up to a cap. If your spending is uneven, the flat 1.6% card can end up paying more over a year.
How Citi ThankYou Points and Citi Miles Work
Citibank runs two reward currencies.
Citi ThankYou Points are earned on the Citi Rewards and Citi Prestige cards. Citibank’s Points Transfer page lists 11 airline and hotel partners, including KrisFlyer, Asia Miles and Qantas, all at 25,000 points for 10,000 miles. So one point is worth 0.4 miles.
Citi Miles are earned on the PremierMiles card and transfer one for one: 10,000 Citi Miles for 10,000 partner miles.
Each transfer costs an administrative fee of $27.25 including GST, and Citibank says miles are credited within 14 business days. Minimum transfer amounts vary by partner and are shown in the Citi Mobile app.
Expiry differs by card. Citi Miles do not expire. Points on the Citi Rewards Card are valid for 60 months from card approval, then a new 60-month batch begins. Citibank’s Prestige page says its points do not expire.
Points can also offset purchases through Pay with Points at 440 points for $1. That works out to about 0.23 cents a point, so it is usually the lower-value route. Our cashback or miles guide shows how to put a dollar value on a mile.
Annual Fees and Fee Waivers
Citibank’s pricing guide lists $196.20 a year, including 9% GST, for the Cash Back, Cash Back+, PremierMiles, Rewards and SMRT cards. Supplementary cards cost $98.10, except on PremierMiles, where they are free.
New applications get the first year waived, and the SMRT card gets two years. The guide lists no waiver for the Prestige card.
For later years, cardholders can ask Citibank for a waiver. It is at the bank’s discretion, so do not count on it when working out a card’s value. On the PremierMiles card, paying the fee earns 10,000 renewal miles, and those miles are reversed if the fee is later waived.
The Cost of Carrying a Balance
Citibank’s pricing guide states an effective interest rate of 27.9% a year on these cards, rising to 30.9% if the account is past due, plus a $100 late payment charge.
On a $3,000 unpaid balance, 27.9% is roughly $70 in interest a month. That is more than twice what the category card earned in the example above.
MoneySense explains that once you do not pay in full, interest also applies to new purchases. Rewards make sense only if you clear the full statement every month. If you are already carrying a balance, the debt payoff calculator shows how long it will take to clear.
Foreign currency spend carries an administrative fee of up to 3.25%. Our guide to overseas card fees and dynamic currency conversion explains how that adds up.
What To Do Next
- Add up three months of card statements by category before choosing between a flat-rate and a category card.
- Check the current terms on Citibank’s credit card pages, since rates, caps and promotions change.
- Compare across issuers on our best credit cards in Singapore hub, or go straight to cashback cards or air miles cards.
- Try your own numbers in the cashback vs miles calculator.
- Set up full payment by GIRO so a missed due date does not cost more than a year of rewards.
