Citi Cash Back Card: Best Cashback Card for Foodies

Citi Cash Back Card: Best Cashback Card for Foodies

This is one of the best cashback cards in the market that can help you save on your meals and your transportation.

Good for

  • Best cashback card for an average consumer
  • Individuals who spend a lot on groceries, dining and transportation

Bad for

  • People who spend more on shopping or travelling
  • People who don't want to pay an annual fee

Editor's Rating


Formerly known as Citibank Dividend Card, Citi Cash Back Card is one of the best credit cards for cash back because their rewards categories line up nicely with the major buckets of most consumers' spending: groceries, gas, transportation (i.e. Grab rides) and dining. While it doesn’t cover some other major categories like entertainment, shopping and utility bills, Citi Cash Back Card’s rebate rates on groceries, transportation (petrol and Grab) and dining are some of the highest we’ve seen in their respective fields. Citi Cash Back also has a decently high cap on monthly cashback of S$25 per category which comes up to a max of S$100/month. These factors make the Citi Cash Back Card quite valuable in the wallet of the any person looking to save money on their food, both in and out of their homes.

Pros of Citi Cash Back Card

  • 8% cash back on grocery, dining and Grab spends
  • 20% cashback with selected merchants (rotating)
  • Up to 20.88% fuel savings at Esso & Shell
  • Relatively high cashback cap of S$25 per category per month (max S$100 per month)
  • Promotion: S$120 cash rebate welcome gift, 8% cash back when you spend at bakeries and confectionery stores

Cons of Citi Cash Back Card

  • High annual fee of S$192.6, first year waived
  • Relatively high monthly minimum spend of $888 to qualify for maximum benefits
  • All other retail expenditures not previously mentioned only receive 0.25% of rebate

What makes Citi Cash Back Credit Card Stand out

The Citi Cash Back Credit Card from Citibank is one of the best cash back credit cards because it gets the average consumer the most cash rewards back. While it has a flat rate of 0.25% cash rebate, it provides additional 7.75% of rebate for three categories that make up most people's budgets: grocery, dining and transportation (i.e. petrol and Grab rides). At 8%, the cash rebate on grocery, dining and Grab is among the highest bonus percentage we've seen for those categories. Grocery discount in particular is worth highlighting because this cash rebate is not limited to any supermarkets, so you can shop at Cold Storage, Giants, FairPrice, ShengSiong and anywhere else you like. It doesn’t matter if you dine in or dine out. Citi Cash Back can save you money on all your meals, which makes the card ideal for foodies who love to eat well anywhere, anytime. As long as you like to spend your money on food, this card is a great addition to your cashback armory. You can also earn up to 20.88% cash back rate at Shell and Esso gas stations (8% cashback at other gas stations), which is one of the best you can find in the country.

The only downside of this deal is that the extra cash rebate of 7.75% is capped at S$25 per category per month, translating to maximum of S$100 per month. This means that the extra 7.75% can only be earned on the first S$444 of grocery/dining/petrol/Grab spend in a month, after which you will still earn 0.25% cash rebate. To qualify for the extra 7.75%, you must spend at least S$888 on the card every month. Given that an average person spends about S$600 on food and S$400 on transportation, we don’t think it’ll be too difficult to meet this requirement for an average spender. Despite the cap on high earnings rate, the cap is on the higher end we’ve seen in the market.

While the annual fee of S$192.6 is on the higher end for cashback cards, Citi Cash Back Card does its best to help offset the high cost. First, they waive 1st year’s annual fee. And then, they will also provide S$120 of cash rebate for new customers. That means this card is effectively free to use for the first two years! Boasting high savings rate on food and transportation combined with generous welcome gift, Citi Cash Back Card, in our opinion, is one of the best deals in the cashback card category, especially for foodies.

Citi Cash Back Credit Card's Features and Benefits:

  • Annual fee: $192.6, first year waived
  • Salary requirement: S$30,000 for locals, S$42,000 for foreigners
  • 8% cashback on grocery, dining and Grab rides
  • 20% cash back with select merchants, changing regularly
  • Up to 20.88% off on petrol at Shell and Esso stations
  • 5% off on online travel bookings
  • 0.25% cashback on everything else
  • S$100 monthly cap on cash rebate above 0.25%, but no cap for total rebate
  • Rewards never expire
  • Promotion: S$120 cash rebate welcome gift, 8% cash back when you spend at bakeries and confectionery stores

How does the Citi Cash Back Card Compare Against Other Cards?

Read our comparisons of Citi Cash Back card with other cards and learn what makes each card unique in their own way. We compare and contrast each card to highlight its uniqueness to help you identify the card that you need.

A graph displaying how Citi Cash Back Card compares to other credit cards in Singapore in terms of their rewards
Citi Cash Back vs Other Cards by Dollar Value*

Citibank Cash Back vs OCBC 365

OCBC 365 is a very versatile cashback card ideal for an average family. It addresses many different categories of spend like dining, online shopping, petrol, groceries and utility bills. Rebate rates for each category are quite impressive as well. OCBC 365 awards 6% rebate on dining, 3% on online shopping, up to 22.2% on petrol, 3 % on groceries and 3% on recurring bills. So if you are looking for a more comprehensive card to address a variety of expenditures in your life, OCBC 365 could be a better choice than Citi Cash Back. However, Citi Cash Back does earn higher rates on grocery and dining, making it a better choice for people aiming to get maximum discounts on food.

Citibank Cash Back vs UOB Delight

UOB Delight Card

If you tend to only dine at home, UOB Delight might be a better way to save money than Citi Cash Back. UOB Delight provides 8% rebate at various retailers like Cold Storage, Giant and Guardian, matching Citi Cash Back though with some limitations on locations. Where UOB Delight really outshines Citi Cash Back is the additional 10% discount on house brands at the aforementioned supermarkets. UOB Delight also comes with other rebates like 3% off monthly telco bills and contactless transactions like public bus rides. Hence, you can save more money on your grocery shopping (including transportation back and forth) using UOB Delight than Citi Cash Back. However, if you want to consolidate all of your “food” expenses into one card while still earning great savings, Citi Cash Back still the better option in our opinion.

Citibank Cash Back vs Citi SMRT

We wanted to compare Citibank Cash Back with another card from the bank: Citibank SMSRT Card. Citi SMRT is a great card for commuters with a modest budget. It conveniently combines a respectable 7% discount on groceries, 2% rebate on EZ-Link Top-Ups and up to 15% discount at cafes including Starbucks. Because it functions as a MRT card, Citibank SMRT is ideal for anyone who professionals who have to commute on mass transit and shop groceries on their way home. While Citi Cash Back does have higher rebate on groceries and even lets you enjoy dining at a discount, Citibank SMRT could be a better choice for people who care more about saving money on a modest budget and probably wouldn’t dine out as much. Besides, Citi SMRT still saves you money while enjoying that cup of coffee to get you through the day.

Citibank Cash Back vs POSB Everyday

Quite similar to OCBC 365 and Citi SMRT, POSB Everyday Card provides a comprehensive list of rebates along with doubling up as a EZ-Link card. Basically, if you want a cashback card that is almost as versatile as OCBC 365 while still functioning like a Citi SMRT card, POSB Everyday has the solution for you. Citibank Cash Back is still the superior card in terms of saving on food consistently, as it provides 8% cash back on both dining and groceries every day. On the other hand, POSB Everyday has a different take on this, with 5% rebate on groceries at Sheng Siong, up to 14% on dining (3% on weekdays, 9% on weekends and 14% on online orders), 20.1% discount on petrol at SPC, 1% rebate on monthly recurring bills and unlimited 3% rebate at Watsons. if you want a more versatile card that offers you good cashback for such everyday expenses as transportation and groceries, you may consider getting a POSB Everyday Card.

*ValueChampion calculates the dollar value of rewards based on S$2,000 of monthly spending. We sum the value of points, miles and cashback in dollar terms and subtract the annual fee over a 24-month period. The estimates here are ValueChampion's alone, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Comments and Questions

{"endpoint":"\/newsletter\/subscribe","style":"blue","title":"Keep up with our news and analysis.","version":"sidebar"}