Minimum Payment Amount
Overlimit Amount
The overlimit amount is specified in your statement of account and refers to the balance (including any unbilled balances) in excess of your credit limit and must be paid immediately. The overlimit amount is in addition to the minimum payment amount.
Cash advance fee per transaction is charged as follows:
S$15.00 or 8% of amount withdrawn, whichever is greater, plus interest charges calculated on a daily basis on the amount withdrawn from the date of the cash advance until the date payment is made in full.
Cash advance fee per transaction is charged as follows:
S$15.00 or 6% of amount withdrawn, whichever is greater, plus interest charges calculated on a daily basis on the amount withdrawn from the date of the cash advance until the date payment is made in full.
Citi Purchasing Card and Citi Travel Account are not eligible for Cash Advance.
If payment of the current balance is not made in full by the payment due date, interest charges will be calculated on a daily basis at the retail interest rate* of 27.9% per annum and cash interest rate * of 27.9% per annum, on all transactions in both the current statement as well as next month's statement from the transaction date until the date full payment is received. Interest on the amounts shall accrue on a daily basis and shall be payable monthly, subject to a minimum interest charge of S$3.00 a month.
* Cash Interest Rate refers to the interest rate applied on outstanding debit balances from Cash advance, Cash advance fee, Quasi-cash transactions, Outstanding Balances pursuant to the Balance Transfer Program after the expiry of the promotional Tenure, and interest charges resulting from such transactions. The retail interest rate refers to the interest rate applied on all other outstanding balances.
If payment of the current balance is not made in full by the payment due date, interest charges will be calculated on a daily basis at the retail interest rate * of 26.9% per annum and cash interest rate * of 26.9% per annum, on all transactions in both the current statement as well as next month's statement from the transaction date until the date full payment is received. Interest on the amounts shall accrue on a daily basis and shall be payable monthly, subject to a minimum interest charge of S$3.00 a month.
* Cash Interest Rate refers to the interest rate applied on outstanding debit balances from Cash advance, Cash advance fee, Quasi-cash transactions, Outstanding Balances pursuant to the Balance Transfer Program after the expiry of the promotional Tenure, and interest charges resulting from such transactions. The retail interest rate refers to the interest rate applied on all other outstanding balances.
| Citi Corporate Card and Citi Business Card | If the Minimum Payment Due is not received on or before the Payment Due Date, a Late Payment Charge of S$100 will be levied. |
| Citi Purchasing Card and Citi Travel Account | If the Minimum Payment Due is not received on or before the Payment Due Date, a Late Payment Charge of 2% of the balance reflected in the previous month Master Statement of account plus a fixed rate of S$100 will be levied. |
These charges will be charged on card transactions including but not limited to any Mastercard or VISA retail card transaction presented in foreign currency that you choose to pay in Singapore Dollars at point-of-sale via dynamic currency conversion or any online Mastercard or VISA retail card transaction in Singapore Dollars which was processed outside Singapore. You may have to check with the relevant merchant whether such transaction was processed outside Singapore.
You are reminded to keep your Citi credit card in a safe and secure place and not to disclose your PIN to any third party. If your credit card is lost, stolen or used by any third party or your PIN is disclosed to any third party, you should immediately notify Citi. Your liability for unauthorized transactions on each credit card account is capped at S$100 provided that Citi is satisfied that you have (i) not been negligent, (ii) not acted fraudulently and (iii) immediately notified Citi about the loss/theft/disclosure.
| Citi Corporate Card (Sole Corporate Liability) | 28 days from the date of the statement of account. |
| Citi Corporate Card (Joint & Several Liability, Cardmember Liability and Personal Liability) and Citi Business Card | 25 days from the date of the statement of account |
| Citi Purchasing Card and Citi Travel Account | 21 days from the date of the statement of account |
| Citi Corporate Card (Sole Corporate Liability and Joint & Several Liability) | The credit limit of the employee nominated to receive the Corporate Card will be determined by the Company, subject to the Bank's approval. |
| Citi Corporate Card (Cardmember Liability and Personal Liability) | The credit limit of the employee nominated to receive the Corporate Card will be determined by the employee's monthly income, subject to the Bank's approval. |
| Citi Business Card | The employee's credit limit will be based on the boss's credit limit. |
| Citi Purchasing Card and Citi Travel Account | The credit limit of the product will be determined by the Company, subject to the Bank's approval. |
Returned Check: S$25.00
Rejected Direct Debit Authorisation: S$25.00
Requests for copies of sales drafts and statements are subject to the following charges:
| Charge per copy | |
| Sales Draft: | S$5.00 |
| Statement of Account: | |
| Current to 2 months old | Free |
| Above 2 months to under 1 year | S$15.00 |
| 1 year to 5 year | S$30.00 |
| Beyond 5 years | S$100.00 |
Citi Shall be entitled in Citi's reasonable discretion to apply and appropriate all payments received by Citi in such a manner or order of priority as Citi may deem fit, notwithstanding any specific appropriation of such sums by customer or any person making such payment.
Service fee of S$10.90 (inclusive of 9% GST) will be charged (on a per account basis) for each payment made to Citi Credit Card account(s) over the counter at Citibank Branches.
Mastercard and Visa (USD International Card)
Accounts that are not over the credit limit:
US$50 or 1% of the current balance plus interest charges (including interest/service charges for any recurring/instalment payments) plus late payment charge plus any overdue amounts; whichever is greater. If the current balance is less than US$50, the minimum payment amount shall be equivalent to the current balance.
Accounts that are over the credit limit:
US$50 or 1% of the current balance plus interest charges (including interest/service charges for any recurring/instalment payments) plus late payment charge plus any overdue amounts plus the amount in excess of the combined credit limit; whichever is greater. If the current balance is less than US$50, the minimum payment amount shall be equivalent to the current balance.
You have an interest-free, grace period of 20 days between the Statement Date and the Payment Due Date to make your payment.
Card transactions effected in currencies other than United States dollars will be debited to your card account after conversion into United States dollars at an exchange rate determined by VISA. The conversion will take place on the date on which the transaction is posted to your card account and the exchange rate applied to the conversion is determined by VISA on such date. Accordingly, the exchange rate applied may be different from the rates which are in effect on the date on which such transaction is made.
All transactions in foreign currency are subject to an administrative fee of 2%, or such other rate as determined by us and notified to you.
You are reminded to keep your Citibank credit card in a safe and secure place and not to disclose your PIN to any third party. If your credit card is lost, stolen or used by any third party or your PIN is disclosed to any third party, you should immediately notify Citibank. Your liability for unauthorized transactions on each credit card account is capped at US$100 provided that Citibank is satisfied that you have (i) not been negligent, (ii) not acted fraudulently and (iii) immediately notified Citibank about the loss/theft/disclosure.
Citi Shall be entitled in Citi's reasonable discretion to apply and appropriate all payments received by Citi in such a manner or order of priority as Citi may deem fit, notwithstanding any specific appropriation of such sums by customer or any person making such payment.
The above pricing information guide is not intended to provide exhaustive information. You should refer to the applicable Cardmember's Agreement for the full terms and conditions.
Citibank Ready Credit
*An account is considered past due if the minimum payment due is not received in full before the payment due date.
If the current balance on your Citi Ready Credit (“CRC”) account, including minimum payment due under any Citibank instalment loan programs (“CRC Outstanding Balance”) is less than S$50, the minimum payment amount shall be equivalent to the current CRC Outstanding Balance.
If the CRC Outstanding Balance is more than or equal to S$50, the minimum payment shall be the higher of:
Any CRC Outstanding Balance due and unpaid in respect of earlier CRC statements shall be added to the minimum payment due and payable under any current CRC statement.
The overlimit amount is specified in your statement of account and refers to the balance(including any unbilled balances) in excess of your credit limit and must be paid immediately. The overlimit amount is payable in addition to the minimum payment due on your CRC Outstanding Amount.
If the Minimum Payment Due is not received on or before the Payment Due Date, a Late Payment Charge of S$120 will be levied.
If the current balance on your account exceeds your credit limit, an overlimit fee of S$40 shall be charged to your account.
Citi Shall be entitled in Citi's reasonable discretion to apply and appropriate all payments received by Citi in such a manner or order of priority as Citi may deem fit, notwithstanding any specific appropriation of such sums by customer or any person making such payment.
Service fee of S$10.90 (inclusive of 9% GST) is charged (on a per account basis) for each payment made to Citi Credit Card account(s) over the counter at Citibank Branches.
In line with Singapore's Smart Nation initiative to enable more efficient and secure e-payment methods, Citibank will commence to charge customers who issue SGD-denominated cheques a processing fee. This will take effect from 1 November 2023.
The processing fee will be payable by Citibank Ready Credit/Power Cash/Ready Credit SmartCash/UltraCash customers who issue SGD-denominated cheques from their Citibank Ready Credit/Power Cash/Ready Credit SmartCash/UltraCash accounts.
Customers who deposit a cheque into a Citibank account will not be charged. However, the bank reserves the right to review and revise the fee structure in the future.
For Citibank Consumer Banking customers, you may refer to the Important Announcement section or the Citibank Pricing Guide on the Citibank Singapore website (https://www.citibank.com.sg/gcb/static/banking_info.htm?lid=SGENCBGGNFOTLBANKINGINFORMATION). Alternatively, you may also refer to your September 2023 Banking Statement.
For Citibank Ready Credit/Power Cash/ Ready Credit SmartCash/UltraCash customers, you may refer to Citibank Ready Credit under Banking Information > Banking Fees & Rates available on Citibank Singapore website (refer to link above).
At the moment, Citibank is only charging a processing fee to customers who issue SGD-denominated cheques. However, the bank reserves the right to review and revise the fee structure in the future.
The bank is offering a rebate on cheque processing fees incurred by customers aged 60 years and above who issue cheques denominated in SGD until end-2025. This rebate is not available to customers aged below 60 years. To set up your Internet banking access, you may refer to this link for a guide (https://www1.citibank.com.sg/personal-banking/online-services/mobile-banking/citi-mobile-app). If further assistance is required, you may call CitiPhone at 6225 5225 from 8am to 8pm.
With your Citibank Online Banking account, you can transfer funds or make payments securely via Citibank Online or via our Citi Mobile ® App. Our payment and transfer functions include PayNow, Local and Overseas transfers, Cards and Bill payments and more.
If you do not have an existing Citibank Online Banking account, you can download the Citi Mobile ® App and click on ‘New? Get started’ OR visit www.citibank.com.sg and click on ‘First Time User’ at the left side of the page to register. Refer to this link for more information. For further assistance, you may contact CitiPhone at 6225 5225 from 8am to 8pm.
You may also visit the branch to perform an over-the-counter alternative payment transfer.
Yes, there are other charges associated with the use of cheques. For Citibank Consumer Banking customers, you may refer to Citibank Pricing Guide (https://www.citibank.com.sg/gcb/static/banking_info.htm?lid=SGENCBGGNFOTLBANKINGINFORMATION) available on Citibank Singapore website.
For Citibank Ready Credit/Power Cash/ Ready Credit SmartCash/UltraCash customers, you may refer to Citibank Ready Credit under Banking Information > Banking Fees & Rates available on Citibank Singapore website (refer to link above). For cheques drawn on your Citibank Ready Credit Account/Power Cash/Ready Credit SmartCash/UltraCash Account, do note that the cheque processing fee is subject to daily interest at the prevailing interest rate of your Citibank Ready Credit/Power Cash/ Ready Credit SmartCash/UltraCash Account. The prevailing interest rate can be found at the back of your monthly statement of account.
Citibank Ready Credit SmartCash
Daily interest is calculated by multiplying the effective interest rate per annum by daily outstanding debit balance over 365 days in a year. There is a minimum interest charge of $5 if you have any outstanding debit balance. The effective interest rate applicable on your account will be the prevailing product interest rate of 1.746% per month (20.95% per annum).
Any CRCS Outstanding Balance due and unpaid in respect of earlier CRCS statements shall be added to the minimum payment due and payable under any current CRCS statement.
The overlimit amount is specified in your statement of account and refers to the balance(including any unbilled balances) in excess of your credit limit and must be paid immediately. The overlimit amount is payable in addition to the minimum payment due on your CRCS Outstanding Amount.
If the Minimum Payment Due is not received on or before the Payment Due Date, a Late Payment Charge of S$60 will be levied.
If the current balance on your account exceeds your credit limit, an overlimit fee of S$40 shall be charged to your account.
Citi Shall be entitled in Citi's reasonable discretion to apply and appropriate all payments received by Citi in such a manner or order of priority as Citi may deem fit, notwithstanding any specific appropriation of such sums by customer or any person making such payment.
Service fee of S$10.90 (inclusive of 9% GST) is charged (on a per account basis) for each payment made to Citi Credit Card account(s) over the counter at Citibank Branches.
In line with Singapore's Smart Nation initiative to enable more efficient and secure e-payment methods, Citibank will commence to charge customers who issue SGD-denominated cheques a processing fee. This will take effect from 1 November 2023.
The processing fee will be payable by Citibank Ready Credit SmartCash customers who issue SGD-denominated cheques from their Citibank Ready Credit SmartCash accounts.
Customers who deposit a cheque into a Citibank account will not be charged. However, the bank reserves the right to review and revise the fee structure in the future.
For Citibank Consumer Banking customers, you may refer to the Important Announcement section or the Citibank Pricing Guide on the Citibank Singapore website (https://www.citibank.com.sg/gcb/static/banking_info.htm?lid=SGENCBGGNFOTLBANKINGINFORMATION). Alternatively, you may also refer to your September 2023 Banking Statement.
For Citibank Ready Credit SmartCash customers, you may refer to Citibank Ready Credit SmartCash under Banking Information > Banking Fees & Rates available on Citibank Singapore website (refer to link above).
The bank is currently offering a rebate on cheque processing fees incurred by customers aged 60 years and above who issue cheques denominated in SGD. This rebate is not available to customers aged below 60 years. To set up your Internet banking access, you may refer to this link for a guide (https://www1.citibank.com.sg/personal-banking/online-services/mobile-banking/citi-mobile-app). If further assistance is required, you may call CitiPhone at 6225 5225 from 8am to 8pm.
With your Citibank Online Banking account, you can transfer funds or make payments securely via Citibank Online or via our Citi Mobile ® App. Our payment and transfer functions include PayNow, Local and Overseas transfers, Cards and Bill payments and more.
If you do not have an existing Citibank Online Banking account, you can download the Citi Mobile ® App and click on ‘New? Get started’ OR visit www.citibank.com.sg and click on ‘First Time User’ at the left side of the page to register. Refer to this link for more information. For further assistance, you may contact CitiPhone at 6225 5225 from 8am to 8pm.
Yes, there are other charges associated with the use of cheques. For Citibank Consumer Banking customers, you may refer to Citibank Pricing Guide (https://www.citibank.com.sg/gcb/static/banking_info.htm?lid=SGENCBGGNFOTLBANKINGINFORMATION) available on Citibank Singapore website.
For Citibank Ready Credit SmartCash customers, you may refer to Citibank Ready Credit SmartCash under Banking Information > Banking Fees & Rates available on Citibank Singapore website (refer to link above). For cheques drawn on your Citibank Ready Credit SmartCash Account, do note that the cheque processing fee is subject to daily interest at the prevailing interest rate of your Citibank Ready Credit SmartCash Account. The prevailing interest rate can be found at the back of your monthly statement of account.
