Citi Cash Back Credit Card (Old)

*This is outdated, the latest one can be referred here.

Citibank provides Citi Cash Back Credit Card with three main features highlighted:

1. Up to 5% cash back on everyday purchase
2. No minimum spend required
3. Automatic cash back into your account once you accumulate a minimum of RM 20 cash back

You can view the summary from iMoney.my about Cash Back Card and Cash Back Platinum.

Cash back details

Rebate	Category	Cap for Cash Back Normal	Cap for Cash Back Platinum
5%	Petrol	RM 15	RM 20
2%	Pharmaceutical	-	-
2%	Grocery	RM 30	RM 60
2%	Telco	-	-
0.2%	Other retail spend	-	-

Pharmaceutical includes spending in Guardian, Watson and Caring pharmacies.

Grocery includes spending on groceries at AEON Big, Tesco, COld Storage, Giant, Everise, Servay, Econsave and Mydin.

Telco include bill payments to Maxis and Digi, excluding JomPAY transactions.

Take note that certain transactions are not eligible for cash rebates, which includes:

1. refunded, disputed, unauthorized or fraudulent retail transactions

2. catering and out-call food and beverage services

3. child care services

4. special events/categories (including funeral and crematoria services, clothing rental, photographic or video-graphic studios and florists)

The full list of the excluded transaction can be viewed from T&C of the card.

Analysis

A rather simple rebate system with no minimum spending required! That is the part I like the most.

A 5% rebate on petrol is relatively good (although there are some cards with even higher rebate rate on petrol), There are also 2% rebate on spending in pharmaceutical, grocery and telco outlets.

Do take note you will once receive the cashback on the first day of the billing month after you achieve a minimum rebate amount of RM 20.

Conclusion

Generally quite a good cashback card. Theoretically, say you have a normal cashback card, if you spend exactly RM 300 on petrol and RM 250 on the other three categories (with 2% rebate), you can receive RM 20 cashback every month which is effectively 3.64% rebate. Or you can enjoy RM 30 rebate every two month (ie 5% monthly rebate) if you only spend on petrol (RM 300 monthly).