What's better is that these purchases are not just restricted to local spending but all worldwide transactions are applicable! Unfortunately, Citibank is not as transparent with what their supplementary cardholders can earn and the cost of their annual fee. Citibank claims that this is the “best cash back card in town.” It is true that it does offer one of the highest cashback earn rates. The annual fee is S$192.60, with the first year waived. Foreigners must have a minimum annual income of S$42,000. Singaporeans and Permanent Residents must have a minimum annual income of S$30,000. To qualify for this card, the principal applicant must be at least 21 years old. The fine print is that you need to spend a minimum of S$888 per statement month to get the maximum 8% earn rate. However, the 0.25% cash back category has no earning cap. The cash back is capped at S$25 per category per month. For example, cardholders earn 8% cash back on dining worldwide, 8% cash back in supermarkets worldwide, 8% cashback on Grab rides, and up to 20.88% cash back at Shell and Esso while all other petrol stations earn 8% cash back and 0.25% cashback on all other purchases. It offers up to 8% cash back on daily purchases for total massive savings. The Citi Cash Back Card is thought to rival the BOC Family Card. Their cash rebate on other purchases is capped at S$20 per billing cycle. The annual fee for supplementary cardholders is S$95 p.a. Supplementary applicants must be at least 18 years old. For most families, you probably want a supplemental card for your spouse or perhaps adult children. The annual fee is S$190, with the first year waived. Foreigners must have a minimum annual income of S$60,000. Therefore, once you fulfill that rebate maximum, your cash back is negligible. One criticism of the card is that individual categories have a cash rebate cap. Furthermore, you can earn 5% cash back on select merchants, such as at Watsons and Unity Pharmacy. Currently, you can earn 10% cash back on dining and movies, 3% cash back on online purchases, groceries stores, Telco bills, and transport. You can enjoy a cash rebate of up to S$1,200 a year. The BOC Family Card has always been renowned for one of the best cashback credit cards for a Singaporean family. Here is our recommended list of family-friendly credit cards with rewards that are easy to earn and redeem. However, you can find family-friendly credit cards that reward you on purchases and pays you back on categories that you use frequently, such as everyday expenses, grocery stores, restaurant meals, travel, and shopping. Having a family adds expenses to daily living.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |