Apply for the Citi Clear Card by May 31st, 2023, and spend $3,000 on qualifying items within the first 90 days of approval to receive $400 cashback. Enjoy a longer 0% p.a. period of 15 months on balance transfers. Benefit from special discounts, free insurance, and other exciting features for a lower first-year yearly price. Applying T&Cs.
Because of its fantastic meal discounts and mile-earning potential, Citi Clear Card stands out among other student credit cards. Without a minimum income requirement, students who are 18 years of age and older can earn 1 Pt (equal to 0.4 miles) for every Singapore dollar spent. Additionally, cardholders have access to Citi Gourmet Pleasures, which provides additional discounts and savings at well-known dining establishments. The S$29.96 fee (waived for a year) may be offset by additional benefits.
Key Features:
- Cost per year: S$29.96 (first year – waived)
- Per S$1 spent, you earn 1 point (0.4 miles).
- S$500 credit limit and no minimum income requirement.
- Special offers at more than 1,000 restaurants in Singapore.
- access to the meal program Gourmet Pleasures.
Pros:
- Apply for the Citi Clear Card by May 31st, 2023, and spend $3,000 on qualifying items within the first 90 days of approval to receive $400 cashback.
- 15 months at 0% p.a. on balance transfers with no transfer charge.
- $49 off the first year’s yearly charge, and $99 after that.
- 14.99% p.a. is the average purchasing rate.
- On retail purchases, interest is waived for up to 55 days.
- Up to four (4) additional cardholders are permitted without charging extra.
- With My money offers, you may get money every month on purchases made at your favorite retailers.
- Free Purchase Cover Insurance, Free Extended Warranty Insurance, and Free Guaranteed Pricing Program.
- Take advantage of 10% discount or up to $250 in limited-time hotel specials from Lux. Offer valid through March 1st, 2024.
- Eligible with Apple Pay and Samsung Pay.
Cons:
- Reverts to the high 22.24% p.a. Cash Advance rate for balance transfers. For retail transactions made while you have a balance transfer, there are no interest-free days.
- Does not have a rewards system.
Benefits
Credit cards are an essential tool in today’s world, offering convenience and flexibility in managing our finances. If you’re on the lookout for a credit card that offers an array of benefits, look no further than the Citi Clear Card.
This low-interest rate credit card is a rare gem in the market, packed with enticing introductory offers, exclusive discounts, and perks that can help you save money and enhance your shopping experience. In this blog, we will delve into the benefits of the Citi Clear Card, from its cashback offer and 0% introductory interest on balance transfers to its discounted annual fee and other exciting features.
Cashback Offer for New Applicants
One of the standout features of the Citi Clear Card is its cashback offer for new applicants. When you apply and spend $3,000 on eligible purchases within the first 90 days from approval, you will receive $400 cashback.
This generous offer can be a significant boost to your savings, allowing you to earn money back on your everyday spending. It’s important to note that the cashback will be credited to your account within 16 weeks of meeting the spend criteria, and your Citi Clear Card must remain open and in good standing to receive the cashback. Be sure to review the terms and conditions of the offer for full details.
0% Introductory Interest on Balance Transfers
If you’re carrying a balance on another credit card and looking to save on interest charges, the Citi Clear Card has got you covered. With a long 15-month 0% introductory interest on balance transfers, you can transfer your existing balance to the Citi Clear Card and enjoy a reprieve from interest charges for over a year. What’s more, there is no balance transfer fee, making this offer even more attractive.
You can transfer up to 80% of your approved credit limit, giving you the flexibility to consolidate your debts and pay them down at your own pace. However, it’s important to note that there are no interest-free days on purchases until the balance transfer has been paid off, so be mindful of your spending during this period.
Reasonable Annual Fee with Discounted First Year
Despite its numerous promotional offers and benefits, the Citi Clear Card comes with a reasonable standard annual fee of $99. What’s even more enticing is the $50 discount on the first year, which is available to new cardholders.
This discounted annual fee makes the Citi Clear Card even more affordable, allowing you to enjoy its features and perks without breaking the bank. It’s a great value proposition for those looking for a credit card that offers a range of benefits at a reasonable cost.
My Cashback Rewards Program
The Citi Clear Card also offers a unique rewards program called My Cashback, which is a no-fuss, hassle-free way to earn cashback on your purchases. With My Cashback, you can automatically receive monthly cashback on your purchases when you use your Citi Clear Card to shop from your favorite brands.
You can access the program in the Citi Mobile App and check personalized offers tailored to your spending habits. This rewards program adds an extra layer of savings to your card usage, allowing you to earn cashback on your everyday spending.
Convenient Payment Options with Citi PayAll
The Citi Clear Card also offers the convenience of Citi PayAll, a feature that allows you to schedule recurring payments for various expenses such as rent, education fees, childcare, taxes, and bills. What’s more, for all Citi PayAll payments set up between April 1, 2021, to October.
How Does the Rewards Program on the Citi Clear Credit Card Operate?
Learn how to use card rewards by using the brief, simple instructions below.
- Spend results in Citi Dollars, which may be redeemed for cash, miles, or gift cards.
- Citi Dollars lose their value one year after being earned.
- 25,000 points can be exchanged for 10,000 air miles with Citi Dollars. (ie KrisFlyer, Asia Miles).
- Each Citi Dollar to air mile conversion carries a S$25 cost.
- Upon cancellation of the card account, any unused Citi Dollars are forfeited.
Conclusion
A balance transfer credit card, like the Citi Clear Card, can be a wonderful way to pay off debt and repair your credit, but having one with a high reward is even better. Apply now to receive a $400 reward, 0% APR on balance transfers for at least 15 months, and first-year annual fee savings Offer expires May 31, 2023.
The Citi Clear Card can be useful for students who frequently eat out or prefer mileage benefits to cashback incentives. Cardholders receive 1 point for every S$1 spent, which is equivalent to 0.4 miles (or around 0.4% cashback). Most alternatives just provide a cash discount. Additionally, Citi Clear Card offers better benefits than a number of its rivals.