New Citibank Cash Back Platinum Credit Card


Recently, Citibank launched new Citibank Cash Back Platinum Credit Card which offering up to 5% cash rebate on purchase. This card is much better than their Classic and Gold Cash Back Card as no carry forward balance is necessary to enjoy high cash rebate rate.

Two months ago they just introduced on Citibank Platinum Credit Card where they are offering 5X Rewards Points on purchase made at major department stores and supermarkets or hypermarkets. The new offering make us more difficult to choose which card to apply.

With this card you don’t have to wait for specific days or special promotions to enjoy the most cash back from your purchases. Also no pre-registration and no minimum spending is required. Your cash back is automatically credited into your account.

Below are the details on the cash back rate.

Category Rebate (%) Eligible Stores/Shops
Petrol 5 All Stations
Pharmaceutical 2 Guardian, Watson
Grocery 2 Giant, Carrefour, Tesco, Cold Storage
Phone Bills 2 Maxis, Celcom, Digi
Others 0.3 All Stores/Shops

There are no monthly limit on spending expect for petrol purchase where it is limited to RM600 per month or equivalent to RM30 rebate.

Cash rebate will be credited into your account when the accumulated cash rebate for a particular month reaches RM50, otherwise the cash back will be carried forward to the next month.

If you manage to get your application approved by 1st August 2010, Citibank is awarding you RM60. The cash is basically to attract new customer and used it to off-set RM50 credit card GST.

On top of that you can enjoy the following  healthcare benefit at 18 leading specialist hospitals under KPJ Healthcare.

  • 30% discount on Executive Screening Packages (excluding selected consultation fee).
  • 15% discount on walk-in hospital room rates from RM120 and above.
  • One complimentary blood cholesterol check per year.

This is very interesting card to apply. Since my application of Citibank Platinum Credit Card is still under precessing, I may want to switch to this card instead.

For more information kindly proceed to Citibank webpage.
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