Are you trying to find a hassle-free credit card that gives you rewards for regular purchase? The Citi Cashback Plus Card could thus be a suitable choice. With no minimum purchase requirement and no maximum cashback amount, this card provides a simple cashback program. Below is a brief summary of the features that the Citi Cashback Plus Card offers:
Citi Cashback+ Sign Up Promotion:
Option 1: Bank Promotion
Receive 8% cash back Welcome Offer for up to S$4000 spend in the first 2 months of card approval
- Valid til 28 February 2025
- Read Terms and Conditions here
Option 2: SingSaver
- Receive a Dyson Supersonic (worth S$649) or Dyson Micro 1.5kg Vacuum (worth S$599) or Apple iPad 10th Gen 10.9 wi 64GB (worth S$499) or Apple Airpods Pro Gen 2 + Magsafe Charger (worth S$408) or S$400 Cash via PayNow upon activating and spending a min. S$500 within 30 days of card approval.
- Valid until 01 December 2024
- Promotion is valid for new to bank credit card holders
- Read Terms and Conditions here
- Must fulfill spending requirement to receive gift confirmation
- Remember to check for SingSaver email and complete the registration to secure your reward!
Citi Cashback Plus Card Overview:
- With no minimum or maximum spending requirements, the Citi Cashback Plus Card offers hassle-free unlimited cashback, making it ideal for heavy users who want to earn 1.6% cashback on all of their purchases year-round.
Eligibility & Fees:
- Minimum Age: 21 years old
- Minimum Annual Income: S$30,000 (locals/PRs); S$42,000 (foreigners)
- Annual Fee: S$196.20 (incl. 9% GST)
Key Benefits:
- Earn up to 1.6% cashback on all eligible spending with no minimum spend and no cap
- Redeem your cashback via SMS in denominations of S$10, S$20, S$50
How to Best Optimise it:
- Since there’s no maximum spending limit, you can easily make a one-time payment using this card. I mentioned this card in Best Cards for Hospital Bills post.
- This card is great if you don’t like to hassle over qualifying merchants or minimum or maximum spending limitations.
What to Avoid:
Exclusion List:
Is it Worth it:
- No minimum spend and no cap
- Cashback earned does not expire
- No specific MCCs or Categories to spend on
- Can be used in private hospital bills
- Cashback can be redeemed only in denominations of S$10, S$20 or S$50, capped at S$50 per redemption (although, there is no limit to the number of times you can redeem) – See “Frequently Asked Questions” on how to redeem.
- Cashback does not automatically credit on statement account, needs to be redeemed
Frequently Asked Questions:
- Basic Cardmembers may redeem their cash rebates via SMS by sending “RWDS ” to 72484. The keyword that corresponds to each cash rebate amount is set out in the table below:
For example, to redeem $10 cash rebate, SMS to 72484: RWDS <space> Last 4 Digits of Your Card number <space> CSHBK10
Comparison Table with other cashback cards with no min spend requirement and no cap:
Description | AMEX True Cashback | Mari Credit Card | UOB Absolute Cashback | SC Simply Cash | Citi Cashback+ |
Cashback Rate | 1.5% | 1.7% | 1.7% | 1.5% | 1.6% |
Spend Requirement | No | No | No | No | No |
Cashback Cap | No | No | No | No | No |
Earn cashback on commonly excluded MCC | Yes (including education fees, insurance, healthcare, utilities and telco)) | No | Yes (but after the update, 0.3% cashback only) | No | Yes (Other private healthcare facilities) *MCC 8062 (Hospital) excluded |
Minimum Annual Income | S$30,000 | S$30,000 | S$30,000 | S$30,000 | S$30,000 |
Earn cashback on bill payments | Yes | No | Yes | Yes | No |
Cashback Redemption | Receive cashback in the same month's statement | The cashback credited will be automatically applied to offset the billed amount in your next statement cycle. | Receive cashback automatically in the next statement month | Receive cashback automatically in the next statement month | Redeem cashback via SMS or on the Citi Mobile® app — cashback earned doesn’t expire |
Final Thoughts:
- This pretty straight forward card can be for no-frills spender as this doesn’t have a minimum spend requirement and no cashback cap. However, I personally would opt for DCS Ultimate Platinum Card as one of the highest no minimum spend general cashback cards in the market right now.
Credit cards change their T&Cs every so often and it is difficult to stay updated. That’s why I created a Telegram Broadcast where you can receive timely bite-sized updates to get the most out of your spending.
Citi Cashback+ Sign Up Promotion:
Option 1: Bank Promotion
Receive 8% cash back Welcome Offer for up to S$4000 spend in the first 2 months of card approval
- Valid til 28 February 2025
- Read Terms and Conditions here
Option 2: SingSaver
- Receive a Dyson Supersonic (worth S$649) or Dyson Micro 1.5kg Vacuum (worth S$599) or Apple iPad 10th Gen 10.9 wi 64GB (worth S$499) or Apple Airpods Pro Gen 2 + Magsafe Charger (worth S$408) or S$400 Cash via PayNow upon activating and spending a min. S$500 within 30 days of card approval.
- Valid until 01 December 2024
- Promotion is valid for new to bank credit card holders
- Read Terms and Conditions here
- Must fulfill spending requirement to receive gift confirmation
- Remember to check for SingSaver email and complete the registration to secure your reward!
? We believe in always paying our credit card bills on time and in full. It is only by doing that, can we fully maximise our credit card benefits.
