Tag: CITI APAC

Are you on the lookout for a fuss-free credit card that offers limitless cash rebates in Singapore? The Citi Cash Back+ is probably one of the most appealing options on the market. Offering a flat cash back rate on all purchases with no minimum spending and cashback cap, the Citi Cash Back+ Card is ideal if you’re looking for a straightforward card with unlimited cash rebates.

That said, it’s worth understanding how the Citi Cash Back+ Card works and if it suits your lifestyle needs before deciding if it’s the card for you. Let’s have a closer look.

How does the Citi Cash Back+ Card work?
At a glance, here are the key features and benefits of the Citi Cash Back+ Card:
• 1.6% cash back on all eligible purchases (exclusions apply)
• No minimum spending requirement and cash back cap
• Cash back earned never expires
• Cash back can be redeemed anywhere, anytime via a simple SMS

One of the most significant advantages of the Citi Cash Back+ Card is that it’s relatively fuss-free – the flat cash back rate applies to all eligible expenses, regardless of category and the amount you spend. So, if you’d like to enjoy cash back perks without having to keep track of your expenses and worry about reaching the minimum spending requirement, this card is perfect for you.

Do remember that typical exclusions apply for the Citi Cash Back+ Card, and certain types of spending will not qualify for cash back, including bill payments, insurance premium payments and fund top-ups.

How to apply for the Citi Cash Back+ Card: Eligibility criteria & fees
If you’re planning to apply for the Citi Cash Back+ Card, check your eligibility here:
• Age: 21 years old and above
• Income: Minimum S$30,000 per annum (Singaporeans and PRs); minimum S$42,000 per annum (Foreigners)
• Documentation required:
• Salaried Employees (Singaporean/PR): A copy of your NRIC/passport, latest original computerised pay slip or Tax Notice of Assessment or last 12 months’ CPF statement.
• Self Employed (Singaporean/PR): A copy of your NRIC/passport, last two years’ Income Tax Notice of Assessment and last three months’ bank statements.
• Foreigners: A copy of your passport and work permit, a copy of utility or telephone bill or bank statement with the applicant’s name and address, Income Tax Notice of Assessment and the latest original computerised pay slip.

Annual fees:
• Main Card: S$192.60 (inclusive of GST)
• Supplementary Card: S$96.30 (inclusive of GST)
• The first-year annual fee is waived for Main and all Supplementary Cards

The Citi Cash Back+ Card may be suitable for you if you don’t wish to be limited by minimum spending requirements and categories. If you already have a cash back card, you can still consider getting the Citi Cash Back+ Card as a backup card. This way, you can continue earning cash rebates even after you reach your monthly cash back cap on your other card.

Citi Singapore
Citi Singapore is a full-service bank, offering consumers, corporations, governments and institutions in Singapore a broad range of financial products and services. It is one of the largest foreign banking employers in Singapore and a significant hub for Citi globally.

The content reflects the author’s view and does not necessarily reflect the views of Citi or its employees. Please read the products and offers on the Citi Singapore website for accuracy or completeness of the information presented in the article.

Whether you wish to fund a vacation, manage wedding expenses, or pay for unforeseen medical bills, Citi personal loans can help you out. With minimal documentation required and quick approval processes, applying for a Citi personal loan is a convenient and hassle-free way to manage your finances.

Steps to Apply for a Citi Personal Loan
If you have decided to go for a personal loan with Citibank, you need to follow a simple loan application process. You can either apply for a loan offline or visit the Citibank website directly. To apply for a loan online, you can follow the below-mentioned steps.

Step 1: Choose Your Loan Product
The first step that you can take before applying for a loan is to select a loan product that suits your financial needs.

Step 2: Loan Application and Assessment
Once you have made your choice, you can proceed to fill out the application form. You will need to attach the required documents along with the application form. Upon receiving your application form, the Citibank team will evaluate your details and eligibility and assess your repayment ability accordingly.

Step 3: Loan Approval Result
After the verification process is completed, a loan specialist from Citibank will contact you within 1 to 2 working days regarding the loan application process. If your loan gets approved, you will be invited to visit your nearest Citibank branch to initiate the loan disbursement process.

Step 4: Loan Disbursement
Before the loan is disbursed to you, you will have to complete minor formalities, such as signing the drawdown letter. After completing all the formalities, Citibank will arrange direct payments to consolidate all eligible debts from other financial institutions and/or disburse the approved loan amount by cash or cheque. The loan amount can also be directly credited into your designated bank account.

Step 5: Loan Repayment
Finally, Citibank will help you set up a Direct Debit Authorization so that you can repay the loan conveniently and avoid penalties for late repayment. Your monthly loan repayments will be deducted automatically from your designated bank account.

Citi personal loans help cater to your financial needs at competitive interest rates. You may choose to apply for a personal loan online to ensure a hassle-free and convenient process. If you need any other assistance, you can contact a Citibank representative.

Citibank Hong Kong
Citibank Hong Kong offers consumers and institutions a range of financial products and services, including consumer and investment banking, credit cards, and personal loans. Citibank Hong Kong aims to deliver holistic and innovative solutions to clients and meet the increasingly complex strategies of its regional client base in the APAC in an ever-changing financial landscape.

The content reflects the view of the article’s author and does not necessarily reflect the views of Citi or its employees. Please read the products and offers on Citibank Hong Kong’s website for accuracy or completeness of the information presented in the article.

Enhance your banking and investing experience from the comfort of your home with a Citi Plus account. With a Citi Plus account , you can enjoy a seamless mobile banking experience as it allows you to enhance your savings while you invest, shop and earn rewards. This way, you can manage your finances, and investment needs with just a few taps on your smart devices.

How Citi Plus Can Help You Elevate Your Lifestyle
Here are 5 reasons why opening a Citi Plus account can be beneficial to you:

Citi Plus Debit Mastercard: When you successfully open a Citi Plus account, you won’t have to wait for long to get a Citi Plus Debit Mastercard, as it will be issued to you in about 5 business days. With this debit card, you can enjoy easy cash withdrawals at ATMs or use it to make purchases.

Citi Plus Credit Card: Apply for a Citi Plus Credit Card and enjoy a broad spectrum of benefits, from online and fitness membership transactions to shopping and dining needs. You can also earn points for all eligible transactions. Get the Citi Plus Credit Card today to enjoy a HK$1,600 cash rebate and bonus interest rate.

Extra Interest Earnings: Citi Plus account holders can receive a HK$200 cash rebate when they deposit HK$50,000 in fresh funds and can also enjoy a 3.5% p.a. interest rate for a 1-month Foreign Currency Time Deposit with bookings up to HK$100,000 for each chosen currency.

Investments: With a Citi Plus account and Citi Mobile app, you can easily trade Hong Kong, US, Shanghai and Shenzhen stocks in real-time on a single platform. Open Hong Kong and US stock accounts online today to enjoy up to HK$500 cash rebate and Buy Brokerage Fee waivers for the first 3 months. Additionally, earn up to HK$10,000 cash reward when you transfer in Hong Kong, US, Shanghai and Shenzhen stocks.

Insurance: Prepare for life’s uncertainties by purchasing life and travel insurance via the Citi Mobile app. As a Citi Plus account holder, you are entitled to a 6-month premium waiver in the first policy year when you successfully apply for the Zurich Lifestyle Insurance Plan.

Final Thoughts
Apply for a Citi Plus account today and enjoy banking, investment and insurance services at your fingertips. You may also consider opening a Citi Interest Booster account, and Currency Manager account to get the most out of your Citi Plus account. If you have further questions, please speak with the Citibank team.

Citibank Hong Kong Citibank Hong Kong offers consumers and institutions a range of financial products and services, including consumer and investment banking, credit cards, and personal loans. Citibank Hong Kong aims to deliver holistic and innovative solutions to clients and meet the increasingly complex strategies of its regional client base in the APAC in an ever-changing financial landscape. The content reflects the view of the article’s author and does not necessarily reflect the views of Citi or its employees. Please read the products and offers on Citibank Hong Kong’s website for accuracy or completeness of the information presented in the article.

Contact Information
Sonakshi Murze
Manager
sonakshi.murze@iquanti.com