24 Apr
Best Citibank Cash Back Mastercard: A Comprehensive Guide
April 24, 2023
Citibank Cash Back Mastercard: A Complete Guide.
Citibank Cash Back Mastercard. If you are looking for a credit card that offers cashback rewards, the Citibank Cash Back Mastercard is an excellent option to consider. In this article, we will explore the various features and benefits of this credit card, including its cashback rewards, interest rates, fees, and other perks.
Introduction
In this section, we will provide an overview of the Citibank Cash Back Mastercard, including its eligibility criteria, the application process, and other important details.
What is the Citibank Cash Back Mastercard?
The Citibank Cash Back Mastercard is a credit card that offers cashback rewards on your purchases. It is issued by Citibank, one of the leading banks in the world, and is accepted by millions of merchants worldwide.
Eligibility Criteria for Citibank Cash Back Mastercard
To be eligible for the Citibank Cash Back Mastercard, you must meet the following requirements:
- You must be at least 21 years old.
- You must have a minimum income of RM 36,000 per annum.
- You must have a good credit score.
How to Apply for Citibank Cash Back Mastercard
You can apply for the Citibank Cash Back Mastercard online through the Citibank website or by visiting a Citibank branch. The application process is simple and straightforward, and you will need to provide some basic personal and financial information.
Cashback Rewards
One of the primary benefits of the Citibank Cash Back Mastercard is its cashback rewards program. In this section, we will explore the details of this program, including how it works, how much cashback you can earn, and other important details.
How it Works
The Citibank Cash Back Mastercard offers cashback rewards on your purchases based on a tiered system. You will earn different cashback rates depending on the category of your purchases. The categories are as follows:
- 10% cash back on groceries, dining, and petrol on weekends
- 0.2% cashback on all other retail spendings
Cashback Rates
The following table shows the cashback rates for each category of spending:
| Category | Cashback Rate |
|---|---|
| Groceries | 10% |
| Dining | 10% |
| Petrol | 10% |
| Retail | 0.2% |
Cashback Cap
There is a monthly cashback cap of RM 10 for each category of spending. This means that you can earn up to RM 30 cashback per month, assuming you spend at least RM 1,000 on groceries, dining, and petrol.
Citibank Cash Back Mastercard
Interest Rates and Fees
In this section, we will explore the interest rates and fees associated with the Citibank Cash Back Mastercard, including its annual fee, finance charges, and other charges.
Annual Fee
The Citibank Cash Back Mastercard has an annual fee of RM 120. This fee is waived for the first year, and you will only be charged the fee from the second year onwards.
Finance Charges
The finance charges for the Citibank Cash Back Mastercard are as follows:
- 15% per annum for purchases
- 18% per annum for cash advances
Other Charges
The following table shows some of the other charges associated with the Citibank Cash Back Mastercard:
| Charge | Amount |
|---|---|
| Late payment fee | RM 10 or 1% |
| Overlimit fee | RM 40 |
| Card replacement fee | RM 50 |
| Sales draft retrieval fee | RM 15 per copy |
Other Perks
In addition to its cashback rewards program, the Citibank Cash Back Mastercard offers a range of other perks and benefits. In this section, we will explore some of these perks in more detail.
Citi World Privileges
With the Citibank Cash Back Mastercard, you can enjoy exclusive discounts and offers at over 24,000 merchants worldwide through the Citi World Privileges program. This includes discounts on dining, shopping, travel, and more.
Citibank Online
Citibank Online is a convenient and secure way to manage your credit card account. With Citibank Online, you can view your account balance and transaction history, pay your bills, and even apply for a credit limit increase.
Citibank Mobile App
The Citibank Mobile App is a free app that allows you to manage your credit card account on the go. With the app, you can view your account balance, track your cashback rewards, and make payments from your mobile device.
Fraud Protection
The Citibank Cash Back Mastercard comes with 24/7 fraud protection to keep your account secure. If you notice any suspicious activity on your account, you can contact Citibank immediately to report it.
Conclusion
Overall, the Citibank Cash Back Mastercard is an excellent credit card for those who want to earn cashback rewards on their purchases. With its generous cashback rates, low fees, and other perks, it is a great choice for anyone who wants to get the most out of their credit card. If you are interested in applying for the Citibank Cash Back Mastercard, be sure to visit the Citibank website or a Citibank branch to learn more.
FAQs
What is the minimum income requirement for the Citibank Cash Back Mastercard?
The minimum income requirement for the Citibank Cash Back Mastercard is RM 36,000 per annum.
Is there an annual fee for the Citibank Cash Back Mastercard?
Yes, there is an annual fee of RM 120 for the Citibank Cash Back Mastercard.
How much cashback can I earn with the Citibank Cash Back Mastercard?
You can earn up to RM 30 cashback per month, assuming you spend at least RM 1,000 on groceries, dining, and petrol.
Can I manage my Citibank Cash Back Mastercard account online?
Yes, you can manage your Citibank Cash Back Mastercard account online through Citibank Online.
Is the Citibank Cash Back Mastercard secure?
Yes, the Citibank Cash Back Mastercard comes with 24/7 fraud protection to keep your account secure. If you notice any suspicious activity on your account, you can contact Citibank immediately to report it.
Additional Citibank Cash Back Mastercard Information
Citibank Cash Back Mastercard Platinum
Citibank Cash Back Mastercard Platinum is a premium version of the Citibank Cash Back Mastercard that offers higher cashback rates and additional benefits. With Citibank Cash Back Mastercard Platinum, you can earn up to 12% cashback on your purchases, including groceries, dining, and petrol.
To be eligible for Citibank Cash Back Mastercard Platinum, you must have a minimum income of RM 100,000 per annum. The annual fee for Citibank Cash Back Mastercard Platinum is RM 500, which is waived for the first year. Citibank Cash Back Mastercard Platinum also comes with a range of other benefits, including travel insurance, airport lounge access, and more.
Citibank Cash Back Mastercard Singapore
Citibank Cash Back Mastercard is also available in Singapore, and it offers similar cashback rewards and benefits as the Malaysian version. With Citibank Cash Back Mastercard Singapore, you can earn up to 8% cashback on your purchases, including groceries, dining, and petrol.
The eligibility criteria and application process for Citibank Cash Back Mastercard Singapore may vary from Malaysia, so be sure to check the Citibank Singapore website for more information.
Citibank Double Cash Back Mastercard
Citibank Double Cash Back Mastercard is a credit card that offers 2% cash back on all purchases – 1% cashback when you make a purchase, and another 1% when you pay for that purchase. This means that you can earn cashback twice on every purchase you make with the card.
The annual fee for Citibank Double Cash Back Mastercard is RM 120, which is waived for the first year. There is no cashback cap, so you can earn unlimited cashback with this card.
Citibank Mastercard 5 Cash Back Calendar
Citibank Mastercard 5 Cash Back Calendar is a schedule that shows the different categories of purchases that qualify for 5% cashback with Citibank credit cards. The categories may vary depending on the card and the time of year, so it’s important to check the calendar regularly to take advantage of the highest cashback rates.
Citibank Cash Back Credit Card Hotline
If you have any questions or issues related to your Citibank Cash Back Credit Card, you can contact the Citibank Cash Back Credit Card Hotline at 03-2383 0000. The hotline is available 24/7, and you can speak to a customer service representative to get help with your credit card.
Citibank Cash Back Visa Benefits
Citibank Cash Back Visa offers a range of benefits in addition to its cashback rewards program. These benefits may include travel insurance, airport lounge access, free golf privileges, and more. The exact benefits may vary depending on the specific Citibank Cash Back Visa card you have.
Citibank Cash Back Card Benefits
Citibank Cash Back Card offers a range of benefits, including cashback rewards, exclusive discounts, and other perks. With Citibank Cash Back Card, you can earn up to 10% cashback on your purchases, depending on the category.
Other benefits may include travel insurance, airport lounge access, and more. The exact benefits may vary depending on the specific Citibank Cash Back Card you have.
Citibank Cash Back Card vs Cash Back Plus
Citibank Cash Back Card and Citibank Cash Back Plus are two different credit cards offered by Citibank that both offer cashback rewards. The main difference between the two cards is that Citibank Cash Back Card offers higher cashback rates on certain categories, while Citibank Cash Back Plus offers a flat 0.2% cashback rate on all purchases.
Both cards have no annual fee, and the eligibility criteria are similar. However, the cashback rates and other benefits may vary, so it’s important to compare the two cards to determine which one is best for your needs.
How do I redeem Citibank Cash Back?
To redeem your Citibank Cash Back rewards, you can do so through the Citibank Online platform or by calling the Citibank Credit Card hotline. To redeem through Citibank Online, simply login to your account and navigate to the rewards redemption section.
You can then choose the rewards you want to redeem, and the cashback rewards will be credited to your credit card account. It’s important to note that there may be a minimum amount required for redemption and that the rewards may expire after a certain period.
Citibank Cash Back Requirements
To be eligible for the Citibank Cash Back Mastercard, you must meet the following requirements:
You must be at least 21 years old.
You must have a minimum income of RM 36,000 per annum.
You must have a good credit score.
These requirements may vary for other Citibank credit cards, so be sure to check the specific eligibility criteria before applying.
Which credit cards offer cashback?
Many credit cards offer cashback rewards as part of their benefits program. Some popular options include the Citibank Cash Back Mastercard, HSBC Cashback Credit Card, Maybank Cashback Credit Card, and Standard Chartered Cashback Credit Card.
The cashback rates and other benefits may vary between cards, so it’s important to compare the different options to determine which one is best for your needs. It’s also important to consider the eligibility criteria, fees, and other details before applying for a cashback credit card.
