Looking for a credit card that rewards your everyday spending while giving you flexible redemption options?
The Citi Rewards Card is a popular choice for Singaporeans looking to earn points on everyday spending. From department stores to online shopping, this card rewards lifestyle purchases with flexible redemption options.
While it’s a solid rewards card, Singaporeans who travel frequently may want to consider multi-currency options like YouTrip, which can provide zero foreign transaction fees and competitive exchange rates overseas.
This guide breaks down everything you need to know about Citi Rewards, including points, miles, benefits, fees, and exclusions.
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⚡ TL;DR: Citi Rewards Card at a Glance
| Feature | Details |
|---|---|
| Annual Fee | S$196.20 (waivable through min. annual spend or first-year promotions) |
| Rewards Rate | 10X points on department stores and online shopping (capped at 9,000 bonus points/month); 1X elsewhere |
| Monthly Bonus Cap | 9,000 bonus points per statement month (S$1,000 in eligible 10X spending) |
| Miles Conversion | 10+ airline programs including KrisFlyer, Asia Miles (2.5 points = 1 mile) |
| Miles Transfer Fee | S$27.25 per transfer transaction |
| Points Expiry | 60 months from card approval date |
| Lounge Access | Not included |
| Foreign Exchange Fee | 3.25% on foreign currency transactions |
| Minimum Spend | S$500–S$1,000 within the first 2 months for the welcome bonus |
| Key Benefit | Flexible Pay with Points for purchases and flights |
| Best For | Department store shoppers, online shopping enthusiasts, and points earners |
📚 Table of Contents:
- What is the Citi Rewards Card?
- Annual Fee & Waivers
- Eligibility Requirements
- Miles and Points
- Current Welcome Bonus
- Lounge Access
- Exclusions
- Minimum Spend
- FX Fee
- Pros & Cons
- Verdict
- FAQs
What is the Citi Rewards Card?
Image credits: Singsaver
The Citi Rewards Card is a versatile credit card for Singaporeans who want rewards on both lifestyle and retail purchases. You earn accelerated points on department stores and online shopping, which can then be redeemed for airline miles, merchandise, or statement credits.
Benefits:
- Pay with Points: Redeem points to offset purchases or flights. Minimum 2,500 points.
- Purchase Protection: Covers theft or accidental damage (typically 90 days).
- Extended Warranty: Adds 12 months to manufacturer warranties for eligible items.
- Travel Insurance: Covers overseas medical, accidents, baggage, and travel inconvenience when charged to the card. (Note: This benefit will end on 31 Mar 2026)
- Dining & Shopping Perks: Discounts and promotions at select merchants.
📖 Related guide: Best Citi Miles Credit Cards in Singapore: PremierMiles, Prestige, Rewards
Annual Fee and Waivers
- Annual fee: S$196.20 (includes 9% GST)
- First 2 supplementary cards: S$98.10 each, waived first year
- 3rd supplementary card onwards: S$98.10 each, NOT waived even in the first year
- Worth it if: You spend heavily in 10X categories and can maximise the monthly bonus cap
💡Compared to cards designed for overseas spending, frequent travellers may want a lower-cost option like YouTrip to avoid FX fees while still earning rewards.
Citi Rewards Card Annual Fee Waiver
- Spending-based waiver: Annual spend of S$12,000–S$20,000 may qualify
- Negotiation: Call Citibank before the fee posts
- Retention offers: Cardholders may get bonus points or fee waivers
- First-year promotions: Often include a fee waiver
📖 Related guide: Best Singapore Credit Card For Overseas Spending
Eligibility Requirements
- Minimum annual income: S$30,000 (Singaporeans/PRs) or S$42,000 (Foreigners)
- Minimum age: 21 years old
- Documents required: NRIC/passport, income documents (pay slips or tax assessment)
*Criteria subject to change — verify current requirements with Citi.
📖 Related guide: HSBC TravelOne Card: Guide to Fees, Miles & Benefits
Citi Rewards Card Miles and Points
Points Earning:
- 10X points: Department stores and online shopping at eligible retailers (bags, clothes, shoes, accessories)
- 1X point: All other eligible purchases
- Important: Hotels booked directly and airline tickets do NOT earn 10X points — they earn standard 1X points.
Monthly Bonus Cap:
Bonus points are capped at 9,000 per statement month. This means once you’ve earned 9,000 bonus points (from S$1,000 in 10X eligible spending), additional purchases in those categories will only earn 1X points for the remainder of the month.
Converting Points to Miles:
- Supports: 10+ frequent flyer programs, including KrisFlyer, Asia Miles, Emirates Skywards, and Qantas
- Conversion rate: 2.5 Citi ThankYou Points = 1 air mile (example: 10,000 points = 4,000 miles)
- Minimum conversion: 25,000 Citi ThankYou Points (10,000 miles)
- Transfer time: 24-48 hours
- Transfer fee: S$27.25 (inclusive of GST) per transfer transaction
- Points validity: 60 months from card approval date, then expires
🧠 Note: For KrisFlyer transfers specifically, you can use the Kris+ app to transfer with a lower minimum of 10,000 points (4,000 miles) as an alternative option.
Tips to Maximise Miles:
Focus on 10X categories, but be mindful of the 9,000 monthly bonus cap. Once you hit S$1,000 in eligible spending per month, consider using alternative cards for additional purchases in those categories.
Example: S$1,000 on department stores → 10,000 points → 4,000 miles (actual miles per dollar: 4 mpd for first S$1,000, then 0.4 mpd after cap is reached)
💡 Pro tip: For overseas spending, a multi-currency card like YouTrip can complement the Citi Rewards Card by avoiding the 3.25% FX fee while still letting you earn rewards in SGD.
📖 Related guide: Best Miles Credit Card in Singapore For Overseas Spending
Citi Rewards Card Welcome Bonus
The current promotion (valid till 28 Feb 2026) is:
- 40,000 Citi ThankYou Points (16,000 miles)
- Minimum spend: S$800 within the first 2 months
- Eligibility: New-to-bank customers only (no Citi card in the last 12 months)
📖 Related guide: HSBC Premier Mastercard Singapore: Benefits, Eligibility, Rewards
Citi Rewards Card Lounge Access
The Citi Rewards Card does not include lounge access.
If airport lounges are important, you would need to purchase a Priority Pass membership separately or pair it with a premium travel card. The absence of lounge access keeps the fee lower but may not suit travellers who value airport perks.
📖 Related guide: DBS Woman’s World Card: Miles, Features & Perks Explained
Citi Rewards Card Exclusions
Points do not earn on:
- Cash advances, balance transfers, annual fees
- Certain bill payments (AXS, SAM)
- Quasi-cash transactions (money transfers, casino purchases)
- Insurance premiums (merchant coding dependent)
- Government payments (taxes, fines)
- Hotels and airline tickets (these earn 1X, not 10X)
❗Refunded transactions reverse points earned, so it’s important to track your rewards.
📖 Related guide: UOB Mighty FX Review 2025: Rates, Fees & Benefits
Citi Rewards Card Minimum Spend
- Minimum spend mainly applies for welcome bonuses: S$500–S$1,000 in the first 2–3 months
- Eligible transactions: Retail, dining, online shopping
- Excluded: Cash advances, balance transfers
- Tip: Ensure transactions post within the period to qualify
📖 Related guide: YouTrip vs Credit Cards: Which Is Better for Overseas Spending?
Foreign Transaction Fee
- Foreign transaction fee: 3.25%
- Applies to: Overseas or international online purchases
- Even with potential bonus points, the FX fee can offset rewards earned
🧠 For Singaporeans who travel frequently, YouTrip’s zero FX fees and multi-currency wallets can offer more value when paying abroad.
📖 Related guide: UOB PRIVI Miles Card Guide: Benefits, Fees & Rewards
Citi Rewards Card Pros & Cons
✅ Pros
- 4 mpd on online shopping and department stores (best in category)
- Flexible redemption to 10+ airline programs
- First-year annual fee waiver
- Wide range of eligible online spending (Grab, food delivery, groceries)
- No minimum spend for bonus points
❌ Cons
- 9,000 monthly bonus cap limits high spenders
- 3.25% FX fee makes it poor for overseas spending
- Hotels and airline tickets only earn 1X points
- S$27.25 fee per miles transfer
- Points expire after 60 months
- No lounge access
- Supplementary card fee S$98.10 (after first 2 cards)
📖 Related guide: OCBC Multi-Currency Account Guide: OCBC Global Savings Account (2025)
Verdict: Is The Citi Rewards Card Worth It?
The Citi Rewards Card is a strong lifestyle rewards card for Singaporeans who spend regularly at department stores and online retailers. Its points system and flexible redemption options make it attractive for local rewards earners, but the 9,000 monthly bonus cap limits its value for very high spenders.
However, for frequent travellers, multi-currency cards like YouTrip offer added benefits: zero FX fees, competitive exchange rates, and a travel-friendly approach that complements rewards-focused cards like Citi Rewards. Using both together can help you earn rewards locally and save overseas.
📚 Read next: Check out our guide to the best multi-currency cards for the biggest savings here
The Smarter Alternative
Looking for a simpler, fee-free solution for overseas spending? YouTrip provides a modern, multi-currency alternative that eliminates FX fees, hidden markups, and annual fees — making it a practical choice for Singaporeans travelling abroad in 2025.
Not on YouTrip yet? Get a free YouTrip card + S$5 YouTrip credits with code <YTBLOG5>.
Then, head over to our YouTrip Perks page for exclusive offers and promotions — we promise you won’t regret it. Join our Telegram (@YouTripSG) and Community Group (@YouTripSquad) for travel tips, event invites, and more!
Bon voyage!
FAQs:
Q: Can I convert Citi Rewards points to KrisFlyer miles?
A: Yes, at 2.5 points = 1 mile ratio. The standard minimum is 25,000 points (10,000 miles), though KrisFlyer transfers can also be done via the Kris+ app with a lower minimum of 10,000 points (4,000 miles). Transfers typically take 24-48 hours and costs S$27.25 per transaction.
Q: Is the Citi Rewards Card good for overseas spending?
A: Not ideal due to 3.25% FX fees. Consider a card like YouTrip for zero FX fees abroad.
Q: How do I maximise rewards?
A: Spend in 10X categories (department stores, online shopping) but watch the 9,000 monthly bonus cap. Use Pay with Points for flexible redemption.
Q: Do Citi Rewards points expire?
A: Yes, points expire 60 months from the card approval date. The validity period resets after expiration.
Q: What is the monthly bonus cap?
A: You can earn a maximum of 9,000 bonus points per statement month. After S$1,000 in 10X eligible spending, you’ll only earn 1X points.
Q: Can points pay for flights directly?
A: Yes, via Pay with Points or by converting to miles (with a S$27.25 transfer fee).
Q: What happens if I cancel the card?
A: Unredeemed points are lost. Redeem before closing.
Q: Can points be transferred to another person?
A: No, but supplementary cards pool points under the principal account.
Q: Do hotels and airline tickets earn 10X points?
A: No, these transactions earn standard 1X points. The 10X bonus applies mainly to department stores and online shopping.
Q: Does the card offer instalment plans?
A: Yes, eligible purchases can be converted to instalments. Confirm if points are earned on instalment transactions.
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