With the Citi Rewards World Mastercard Credit Card, you stand to earn Citi Rewards Points on all your daily spends. The points you collect over time can be used to offset a recent purchase or even your outstanding balance.
The major highlights of this card are:
Best Suited for
|Rewards at Participating Supermarkets||5x Citi Rewards Points|
|Rewards at Participating Departmental Stores||5x Citi Rewards Points|
|Rewards with Overseas Purchases||5x Citi Rewards Points|
|Rewards with Other Retail Purchases||1x Citi Rewards Points|
|Airport Lounge Access||Complimentary access to Plaza Premium Lounge at KLIA1.|
|Travel Insurance Coverage||Complimentary personal accident coverage of up to RM50,000 when you travel overseas.|
|Healthcare Privileges||20% off Executive Screening Packages and 15% off walk-in room rates at participating KPJ hospitals.|
|Concierge Services||24/7 World Mastercard concierge services.|
You can earn Citi Rewards Points on everyday purchases made using your Citi Rewards World Mastercard Credit Card. Just use your card to make payments at hypermarkets, departmental stores, and supermarkets and earn points with every transaction.
Here is the rate at which you can earn Citi Rewards Points with this card:
|Overseas Purchases||5x Citi Rewards Points|
|Supermarket/Hypermarket Purchases||5x Citi Rewards Points|
|Departmental Store Purchases||5x Citi Rewards Points|
|Other retail purchases||1x Citi Rewards Points|
With the Balance Transfer facility, you can transfer outstanding balances of RM1,000 or more on other banks’ credit cards to your Citi credit card. This way, you’ll be able to consolidate your debt and while being able to manage your future finances better.
The Balance Transfer plan comes with flexible repayment tenures that can go up to 36 months. Here are the details of this facility:
|Available Repayment Periods||Interest Rate (flat rate p.a.)||Effective Interest Rate (EIR)|
|6 months||5.81%||9.9% p.a.|
The FlexiPayment Plan feature of your Citi credit card lets you split retail purchases worth RM500 or more into affordable monthly instalments. The repayment tenure for the plan can be extended up to 36 months. Please find the details of this plan in the following table:
|Available Repayment Periods||Interest Rate (flat rate p.a.)||Effective Interest Rate (EIR) (p.a.)|
The Dial-For-Cash feature of your Citi credit card allows you to access funds at your convenience in case of an emergency. You can get cash within 3 days of the application date and repay the amount to the bank over a maximum duration of 48 months.
Here are all the details of the Dial-For-Cash feature:
|Available Repayment Periods||Flat Rate of Interest (p.a.)||Effective Interest Rate (EIR) (p.a.)|
|Age Requirement for Principal Card||21 Years|
|Age Requirement for Supplementary Card||18 Years|
|Minimum Income requirement||RM90,000 p.a.|
|Applicant type||Required documents|
You can apply for the Citi Rewards World MasterCard online at BBazaar.my easily by providing your personal and financial details.
|Type of Fees||Charges|
|Annual fees (principal card)||RM636.|
|Annual fee (supplementary card)||RM159.|
|Retail interest rate||15% p.a. to 18% p.a. depending on your repayment behaviour over the last 12 months.|
|Cash advance interest rate||18% p.a.|
|Cash advance fee||5.3% of the cash advance amount or RM21.20, whichever is higher.|
|Monthly repayment instalment||5% of the total outstanding balance or a minimum of RM50, whichever is higher.|
|Late payment charges||1% of the total amount due or RM10, whichever is higher. This charge is capped at RM100.|
|Overseas transaction fee||All overseas transactions carried out in foreign currencies will be converted into Malaysian Ringgit according to Mastercard International’s or Citi’s exchange rate. There’s a 1% foreign exchange conversion markup charged by Citibank.|
Q. Are there any exclusions from retail transactions that do not qualify for earning Citi Rewards Points?
A. Yes, the following transactions do not qualify for any reward points:
Q. How many rewards points can I earn on a monthly basis?
A. You can earn rewards points for a maximum spend of RM3,000 on local transactions and RM24,000 on overseas transactions.
Q. What is the minimum amount I need to spend per transaction to earn rewards points?
A. You can earn rewards points with every transaction of RM200 or more.
Q. What is the validity of Citi Rewards Points?
A. The Citi Rewards Points you earn with retail purchases never expire.
Q. What are the ways through which I can keep a track on the expenses made on my card?
A. You can track your card expenses via Citibank Online and CitiPhone Banking.
Q. What is the interest-free period for the Citi Rewards World Mastercard?
A. The interest-free period associated with this credit card is 20 days.
Q. Can I exceed the credit limit assigned to my Citi Rewards World Mastercard?
A. Yes, you can exceed the credit limit on your card. All you need to do is pay an over-limit fee of RM26.50. You can choose to increase the credit limit of your card temporarily or permanently by submitting the latest income documents as proof of your increased income.
As the name suggests, the Citi Rewards World Mastercard is high on benefits. Now, you can earn reward points on your daily spends made at supermarkets, hypermarkets, and departmental stores. That’s not all. For enhanced financial flexibility, you can even choose to increase your credit limit.