Citi SMRT Card

Key Benefits of Citi SMRT Card

These are some highlights of the Citi SMRT EZ-LINK Card and the cashback benefits on offer.

Individual SMRT$ Rebate Rate Breakdown

How does Citi SMRT Card Work?

As demonstrated above, to earn the maximum rebate rates, the total monthly spending should be at least S$300. There are further conditions in the minimum spend per transaction to earn the most rebates:

1. Groceries : 4.7% SMRT$ is awarded for transactions of $50 and above. 2.7% SMRT$ is awarded for transactions less than $50.
2. EZ-Reload: 1.7% SMRT$ is awarded for EZ-Reload transactions of more than $30. 0.7% SMRT$ is awarded for EZ-Reload transactions of $30 or less.

Another caveat, is that online transactions within the stipulated category (e.g. Movies and Groceries) will still be considered online shopping and only be subjected to a maximum of 3% SMRT$ rebate, not 5%.

Eligibility for Citi SMRT Card

To be eligible for the Citi SMRT card, you'll have to meet the following criteria:

• Be at least 21 years old
• For Singaporeans and PRs: Minimum annual income of $30,000
• For foreigners: Minimum annual income of $42,000

Fees and Charges for Citi SMRT Card

• Annual Principle Fee: $192.60
• Annual Supplementary Card fee: $96.30
• Fee Waiver: First 2 years annual fee for Basic and two Supplementary Cards; thereafter chargeable
• Interest-Free Period: 25 days
• Annual Interest Rate: At the prevailing effective interest rate of 25.90% p.a. subject to compounding; or 29.99% p.a. subject to compounding in the event that your account has three or more defaults~ and/or one default~ which remains unpaid for two or more consecutive months in the last 12 months.
• Minimum monthly payment: 1% or $25, whichever is greater
• Late payment charge: If the Minimum Payment Due is not received on or before the Payment Due Date, a Late Payment Charge of $40 will be levied.
• Cash advance fee: $15 or 6% of amount withdrawn, whichever is greater
• Handling fee for dishonoured cheque/payment order: $25.00, if any check or other payment order tendered as payment to Citibank is dishonoured
• Overlimit fee: $40 will be charged on the card with highest balance on the statement billing date, if the total outstanding balance (including unbilled balance) of all credit card(s) exceeds customer’s combined credit limit on any day within the statement period.

The Best Cash Back Credit Cards Review 2020: How does Citi SMRT Compare?

The Citi SMRT Card offers rebates in the form of SMRT$, which can be exchanged for shopping vouchers for use at Giant, Sheng Siong, Watsons, Shaw Theatres, Popular and Pizza Hut. You can also enjoy discounts on shopping and dining transactions, among other things.

Citi SMRT is a great card for people who always commute via Public Transport and frequent the merchants around SMRT Exchange or Public Transport Interchanges. While its rebate per month is capped at S$50/month ($600/ a year), the low minimum spend continues to make this card attractive. To fully maximise the Citi SMRT Card, there is a minimum required spend of S$300, which is a very reasonable amount. The 5% coverage on groceries and certain food outlets might not be the best, but they are still pretty decent. Overall, this card is best for commuters with a thrifty lifestyle.

Still unsure? Find out everything you need about credit cards - including what the best credit cards in Singapore are for miles and cashback, factors to consider before getting one, fees to know, and why a good credit score matters.

You can also pose questions (anonymously, if you'd prefer) on the Seedly Community.

EZ-Reload vs SimplyGo: What's the Difference?

As an aside - and if you're wondering about the differences between the EZ-Reload and SimplyGo functions - this table might serve you well.

Terms and Conditions of Citi SMRT Card

• Approximately 7 working days should be allowed for the processing of a cash rebate redemption request. The cash rebate will be reflected as a credit in the statement of account and is not to be taken as a payment in reduction of the minimum payment due, total amount due or any amount in between that is due on the Basic Cardmember’s Card account statement. The Basic Cardmember is required to settle at least the minimum amount due to avoid late charges from being billed to his Card account.
• If the EZ - Reload By Card Facility on your Card has been activated, all refunds of the stored value remaining on the ez-link Facility (whether valid or expired) will be effected into your Card account.
• Without prejudice to any of our rights and remedies, we are entitled to, at any time in our reasonable discretion and without giving any reason or notice, refuse to approve any proposed Card transaction notwithstanding that the total outstanding balance, if the proposed Card transaction was debited to the card account, would not have exceeded the combined credit limit.
• You are liable for all unauthorized Card transactions, whether they are effected as a result of the unauthorized use of the Card, the PIN and/or the TBS Access Code or otherwise

How to Apply for Citi SMRT Card

• Apply Online or
• Visit Citibank Branches

About Citibank

Citi Singapore established its presence in 1902, and is the city's largest foreign banking employer. In 2005, Citi incorporated its Global Consumer Banking (GCB) arm in Singapore - in what's today known as Citibank Singapore Limited. The subsidiary is wholly owned by Citigroup.

Citibank Singapore offers wealth management products and services, including investments, insurance, deposits and treasury products; credit cards and personal lines of credit, and housing loans and share financing.