Citi Cash Back Card
Last Updated: Nov 2021
$ 120,000
Min. Annual Income
2 %
Dining - Cashback Rate
on local dining and local hotel spending
Local dining and local hotel spending: 2% cash rebate; Spending in foreign currencies: 2% cash rebate
2 %
Overseas Spending - Cashback Rate
on overseas spending
Local dining and local hotel spending: 2% cash rebate; Other basic local spending: 1% cash rebate; Spending in foreign currencies: 2% cash rebate
Exclusive Offer
from MoneyHero
OFFER 1
HK$500 Supermarket Coupon
  • New cardholders of Citi Credit Card (applicants) who successfully apply for Citi Cash Back Card via MoneyHero during the promotion period are entitled to MoneyHero exclusive offer HK$500 supermarket coupon.
  • Applicants understand and accept that gift fulfilment is facilitated by MoneyHero; Citibank (Hong Kong) does not have any liability or responsibility for the gift fulfilment.
  • If you have concerns regarding redemption process, please refer to this article.
  • Promotion Period: from now till 30 November 2021

Welcome Offers from Citibank

  • OFFER 1
    HK$800 Wellcome Coupon
    • New Customers accumulate spending of HK$8,000 or above within the first 2 months from card issuance.
    • Promotion period is valid from 1 to 30 November 2021.
  • OFFER 2
    HK$700 Cash Rebate
    • New Customers accumulate spending of HK$8,000 or above within the first 2 months from card issuance.
    • Promotion period is valid from 1 to 30 November 2021
  • OFFER 3
    Nespresso Pixie Electric Titan Coffee Machine (worth HK$1,388)
    • New Customers accumulate spending of HK$8,000 or above within the first 2 months from card issuance.
    • Promotion period is valid from 1 to 30 November 2021
Need some help?
No worries, we've got you covered!

Thank you for using MoneyHero. If you are looking to check on your reward redemption status, then this is the right place. We have compiled our promotional campaigns and their respective rewards progress so that you can keep track of when you can expect yours. 

Please click on the campaign that you participated in, and you will find the corresponding redemption status. Campaigns are sorted chronologically, be sure to match the correct financial institution, reward, and period of the campaign.

The main types of credit cards in Hong Kong are VISA and MasterCard, followed by American Express and JCB.

In order to choose the best credit card, you can consider the popularity and offers of the card types, and also the reputation of banks, class of the credit cards, etc. Many people own several credit cards to meet different needs nowadays. Also, you can consider your spending habits and choose Cash Back Credit Cards, Airmiles Credit Cards, Dining Credit Cards, Online Shopping Credit Cards, Premium Credit Cards, Corporate Credit Cards, Entry Level / Student Credit Cards, UnionPay Credit Cards, or Welcome Offers Credit Cards. You can also make use of MoneyHero comparison pages, and compare latest offers of credit cards.

That shiny piece of plastic in your wallet is more than just a status symbol. Whether you are shopping at the mall, over the internet or during your holiday in Europe, nothing beats the convenience of swiping your card on the spot and paying for your purchases later. And they aren't good for just shopping sprees either; you can also pay your bills, beef up your credit rating, or save on airfares for your next trip halfway around the world.

Choosing the right card is vital, but what if you don't have the time to sift through countless offers from a long list of banks. This is where we come in: our online comparison tool helps you single out the cards with the perfect combination of good terms, affordable interest rates, and extra perks.

All of the cards in our Best Deals are up there for a reason. Favoured by a steady percentage of our online users, these are the cards with consistent rates, irresistible rewards, and other unique features that make them stand out from the competition.

Tons of cards on the market come with all kinds of features, complicating your search for the right one. We understand that a good card must go beyond the basics and let you do more than just shopping. For this reason, we help you compare and find cards with the best welcome gifts, cashback, miles and other rewards from a selection of financial institutions including Bank of China (Hong Kong) and Hang Seng Bank. Our top choices also come with exclusive offers and rewards you won't find anywhere else.

At MoneyHero, we take your financial security very seriously. We know better than anyone that there is a product out there for every niche, be it air miles or rewards points. The wrong card can make or break your financial situation, costing you thousands of dollars in the long run. That's why we've made it our job to match you with the right card for your needs.

Time is money, and we can save you hours of web browsing by reviewing a variety of products from the comfort of your mobile. You can view our most popular cards at a glance, each chosen for their combination of rates and benefits ideal for the average cardholder's budget. All of our picks come from Hong Kong's most trusted banks, along with globally-renowned brands and of course, only the best credit card deals.

Credit card rewards come in many forms, the two major incentives are air miles and cash back. Many card issuers have different credit card rewards programs, cardholders can earn reward points for their spending and redeem the points for cash backair milesgift vouchers or free gifts.

Certain banks promote cash back rewards which their credit cards can earn, cardholders can enjoy 1-4% cash rebate for eligible local / overseas spending or shopping online.

If you travel and use your credit card to book flights and hotels frequently, you can earn more air miles using air mile credit cards. You may redeem miles for award flights, hotel stays and other travel offers.

In addition to daily spending, you may also earn rewards by using the Octopus Automatic Add-value Service and paying utilities, tax, tuition and insurance bills with your credit card and redeem reward points, cash back and air miles.

Many credit cards bring discounts and cash rebate for online shopping, dining offers and even privileges like airport lounge access and concierge service in addition to cash back and air miles. For example, DBS Eminent Card and Citibank Citi Clear Card offer cash rebate of 2-6% for online spending. Regarding dining benefits, numerous credit cards offer attractive cash back and air miles redemption deals for dining spending, so that cardholders can earn more rewards by eating out. Premium credit cards with exclusive privileges, which offer airport lounges access worldwide, airport limousine transfer service and other concierge services, have a minimum income requirement.

Some Cashback Credit Cards providers require you to spend a minimum amount before you can start earning rewards. Providers may also limit the amount of Cashback rewards you can earn, while others implement caps on how much you can spend for certain categories. It's also common for providers to set an increase in cashback return rates for certain categories within a specified period which are worth taking advantage of.

The best way to maximize cashback points is to choose a card that lets you earn rewards that matter to you. If you're serious about pursuing cashback rewards, you must make sure to fully understand the terms and conditions of your selected credit card. Terms are always subject to change, so it's important to always stay educated on these.

Yes, but do not send out your applications all at once. Credit card providers can have access to information about your existing credit card applications as part of your credit profile. Having too many active applications at the same time will make you look too 'desperate' and lessen your chances of being approved.

The period varies from bank to bank but after you submit your application, it would usually take a few days to process. If you are approved for credit, it usually takes 7 to 10 working days for you to get your credit card. To ensure that there are no further delays, fill out the application form correctly and submit all required documents.

The annual fee depends on the bank and the type of credit card. One- to three-year annual fee waiver is usually offered to attract users, and cardholders get their fee waived if they can meet the minimum spending. Some card issuers even advertise credit cards with no annual fee. You can request annual fee waiver by calling the card issuer's hotline. Furthermore, many banks charge an early termination fee of more than HK$100; other common fees and charges include replacement fee, late charge, over-limit fee, cash advance fee and foreign transaction fee. In addition to credit card welcome offers, you should also check with your provider to see the fees and charges of your credit card.

MoneyHero lists out the most up-to-date information on credit card products in Hong Kong. We also provide apply links that allow you to apply for a credit card directly. Our top choices also come with exclusive offers and rewards you won't find anywhere else.

For exclusive offers from MoneyHero, current customers are unfortunately not eligible to enjoy. For welcome offer from banks or institutions, various terms and conditions apply, subject to different banks and institutions. You may refer to the following:

American Express 
Welcome offers do not apply on current customers. Their welcome offers only apply on applicants who have not held or cancelled American Express credit cards in the past 12 months.

Citibank 
Welcome offers do not apply on current customers. Their welcome offers only apply on applicants who have not held or cancelled Citibank credit cards in the past 12 months.

DBS 
Current and new customers are eligible for welcome offer. New customers refer to card holders who have not held or cancelled Citibank credit cards in the past 12 months. For more details of welcome offer, please click here.

PrimeCredit 
Welcome offers do not apply on current customers. Their welcome offers only apply on applicants who have not held or cancelled PrimeCredit credit cards in the past 6 months.

CITIC 
Welcome offers do not apply on current customers. Their welcome offers only apply on applicants who have not held or cancelled CITIC credit cards in the past 12 months.

HSBC 
Current and new customers are eligible for welcome offer. For more details of welcome offer, please click here

BEA 
Welcome offers do not apply on current customers. Their welcome offers only apply on applicants who have not held or cancelled BEA credit cards in the past 6 months.

View all credit card FAQ
2% rebate for local dining, local hotel spending and foreign currency spending with no cap
Please turn off AdBlocker and private mode before application.
Annual Fee Waiver
Digital Wallet Rebate
Utilities Wallet Rebate
Octopus Reload Rebate

Great for

  • Most suitable for customer who has big spending in short period
  • Citi Cash Back Card Welcome Offer
    Requirements Rewards
    (Choose 1 from 3)

    New customers of Citi Credit Card who
    • accumulate spending of HK$8,000 or above within first two months from the date of card issuance
    HK$800 Wellcome Coupon
    HK$700 Cash Rebate
    Nespresso Pixie Electric Titan Coffee Machine (worth HK$1,388)
  • MoneyHero Exclusive Offer - HK$500 supermarket coupon
    • New customers of Citi Credit Card who successfully apply for Citi Cash Back Card via MoneyHero can enjoy HK$500 supermarket cash coupon.
    • How to redeem MoneyHero exclusive offer?
      • Note down your application reference number for reference. You will be asked to upload all required documents when you apply the card to facilitate the approval process.
      • Within 7 days, please complete the redemption form sent via email for verification and follow-up. MoneyHero will verify your reward eligibility with Citibank.
    • Tips:
  • PayMe, Alipay HK, WeChay Pay HK, and Octopus' spending are eligible for earning Welcome Gift
  • Clear requirement of Welcome Gift. Auto cash rebate with no cap. Cash rebate will be used to settle the outstanding balance of the statement.
    • 2% rebate on local dining spending
    • 2% rebate on local hotel spending
    • 2% rebate on spending in foreign currency
    • 1% unlimited rebate on other spending, including e-wallet top-up and Octopus Card auto top-up
    • Rebate will be credited to the eligible card account on the following statement of account when the accumulated rebate balance reaches HK$200 or above and be used to settle the outstanding balance as well as new purchases excluding the Minimum Payment Due.
  • Purchase Protection Insurance
    • Purchases will be insured against any damages or loss for up to US$7,600 within 30 days of purchase.
  • First year annual fee waiver

Need to know

  • Welcome offers and MoneyHero exclusive offer are only applicable to customers who currently do not hold, have not cancelled or have not held any principal card of Citi Credit Card within the past 12 months from the month of application for the Eligible Card ("New Customer").
  • Transactions made at any merchant in the European Economic Area are not entitled to 2% foreign currency cash rebate
    • Eligible Foreign Currency Transactions exclude card-present transactions made by Cardholders at any merchant with physical premises, address of the fixed place of business or business license in any country participating in the European Economic Area (EEA) or joining after 19 October 2020. 1% Basic Cash Rebate will be awarded to card-present transactions made at merchants in the EEA.

Year-round rewards

CASH REBATE
Local Spending
2%
Local dining and local hotel spending: 2% cash rebate; Spending in foreign currencies: 2% cash rebate
Overseas Spending
2%
Local dining and local hotel spending: 2% cash rebate; Other basic local spending: 1% cash rebate; Spending in foreign currencies: 2% cash rebate
Online Shopping Spending (Local)
1%
Basic local spending: 1% cash rebate; Spending in foreign currencies: 2% cash rebate
Online Shopping Spending (Overseas)
2%
Basic local spending: 1% cash rebate; Spending in foreign currencies: 2% cash rebate
Dining Spending
2%
Local dining and local hotel spending: 2% cash rebate; Spending in foreign currencies: 2% cash rebate
Digital Wallet Spending
1%
Octopus Top Up Spending
1%
Need some help?
No worries, we've got you covered!

The main types of credit cards in Hong Kong are VISA and MasterCard, followed by American Express and JCB.

In order to choose the best credit card, you can consider the popularity and offers of the card types, and also the reputation of banks, class of the credit cards, etc. Many people own several credit cards to meet different needs nowadays. Also, you can consider your spending habits and choose Cash Back Credit Cards, Airmiles Credit Cards, Dining Credit Cards, Online Shopping Credit Cards, Premium Credit Cards, Corporate Credit Cards, Entry Level / Student Credit Cards, UnionPay Credit Cards, or Welcome Offers Credit Cards. You can also make use of MoneyHero comparison pages, and compare latest offers of credit cards.

All credit cards have perks but some credit cards give out special promotions and offers when used at food chains and affiliated restaurants. Banks such as DBS, Standard Chartered Bank, HSBC and Citibank offers these kinds of dining credit cards which let you earn cashback or more reward points if you dine at your favourite restaurants and use your card to settle your bills. These cards are perfect for people who love to dine out and use them for dining purchases more than on any other store or service, such as petrol stations and supermarkets.

Credit card dining promotions and offers could also come in the form of special discounts, exclusive promotions, and free gifts offered only to cardholders. Credit card providers partner with hundreds of restaurants, food outlets, and even coffee shops to reward loyal customers who pay using their credit cards.

Depending on the credit card, you still earn the regular reward points when you use your dining credit card to shop at department stores, movie theatres, or petrol stations. However, you can earn bonus cashback or reward points whenever you use it at partner restaurants.

To find out about dining promotions and offers that your credit card entitles you to, all you need to do is visit the card provider's website and look at available offers from your credit card. These offers and promos, such as restaurant discounts, can usually be redeemed within a specific period of time. You will often have to meet certain terms and conditions, such as a minimum purchase amount, before you can benefit from these special dining privileges.

Just like other cashback and reward schemes, the bonus points or cashback that you earn from your dining credit card at restaurants will be automatically reflected on the rewards program. For some special promotions and offers, you may have to register with your credit card issuer first to redeem them.

There are some credit cards that offer year-long deals for dining, so depending on your lifestyle, it's up to you to find a credit card that allows you to maximize your dining privileges.

You can generally get dining rebate for eligible transactions made at dining outlets in Hong Kong and in Hong Kong Dollars, including fast food shops, hotel restaurants and bars, transactions such as banquet services, private parties, dining outlets in food courts, department stores and supermarkets will be excluded. Eligible transactions are classified according to merchant codes or transaction types as defined by the bank and international organizations.

Basically dining rebate can only be used for credit card settlement and deduction of new spending, and cannot be exchanged for cash, used to settle minimum payment and is not transferable. Dining rebate will be rounded to the nearest 10 cents. You should read and understand the credit card's terms and conditions to save money and hassle.

Apart from comparing the offers and rewards, you also need to look at the cash back rates, annual fees, interest rates, penalty charges and terms and conditions of the credit cards. With an advanced credit card comparison tool like MoneyHero.com.hk, this task has been made much easier for consumers like you. With just a few clicks of a button, you can easily compare different credit cards in Hong Kong and see which one is most suitable for your needs.

Dinning credit cards usually offer reward point or cash back plans, in which you can redeem supermarket vouchers, air miles or cash rebates. Credit cards offer not only reward points but also exclusive dining offers together with designated restaurants and bars -- what a double offer!

Before using dinning credit cards, you should check the bank's definition of eligible dining spending and its affiliated restaurants and bars, so that you won't miss any offers. You may earn multiple reward points when spending during public holiday and weekends, please check with your bank before spending with your credit card. Also, please check whether the reward points have limit or an expiry date for redemption.

Now that many credit cards set a monthly maximum benefit limit, regardless of your spending credit, and cardholders should check if their cards have such a limit.

Dinning credit cards may charge various kinds of fees, including annual fees and penalty fees, as clearly stated in the terms and conditions.

View all credit cards FAQ

Eligibility

Minimum Age
18 years old
Min. Annual Income
HK$120,000

Fees

Annual fee
HK$1,800
Foreign Currency Transaction Fee
1.95%

Repayment

Minimum Payment
a. The total of all the current month’s interest, annual fee, late charge, past due amount, other fees and charges if any; and b. 1.5% of the statement balance (excluding item a, where applicable); and c. 1.5% of the unbilled principal of the Loan (as defined in Terms and Conditions for Citi Credit Card "Quick Cash" Installment Program and Terms and Conditions for Citi Credit Card "Flexi-Installment" Program) (where applicable)
Late payment charge
HK$300/CNY300/US$40 or the amount of minimum payment due under the last monthly statement, whichever is lower
Retail Purchase APR
35.51%
Cash Advance APR
39.72%
Interest Free Repayment Period
58 days

Other information

Supported Payment Type
✔ Inductive payment
✔ Octopus automatic value
✔ Payme value added
✔ Wechat Pay value added
✔ Alipay value added
Credit card type
Mastercard

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Compare more credit cards on MoneyHero

img_cc_faq_mobile.png
Need some help?
No worries, we've got you covered!

Thank you for using MoneyHero. If you are looking to check on your reward redemption status, then this is the right place. We have compiled our promotional campaigns and their respective rewards progress so that you can keep track of when you can expect yours. 

Please click on the campaign that you participated in, and you will find the corresponding redemption status. Campaigns are sorted chronologically, be sure to match the correct financial institution, reward, and period of the campaign.

MoneyHero has partnered with the most trusted banks and financial institutions in Hong Kong to help you find the right financial products for you. Through our comparison engine, you can compare credit cards, personal loans, mortgages, medical insurance, travel insurance, HK stock accounts, US stock accounts, payroll accounts and other financial products. We provide accurate, up-to-date information and an unbiased overview of financial products in Hong Kong so that you can make the best choice, saving your time and money.

Most Hong Kong credit card providers require applicants to be of legal age and a permanent resident/citizen of Hong Kong.

You would also need to have stable employment and meet minimum salary requirements, which vary according to the type of credit card.

The main types of credit cards in Hong Kong are VISA and MasterCard, followed by American Express and JCB.

In order to choose the best credit card, you can consider the popularity and offers of the card types, and also the reputation of banks, class of the credit cards, etc. Many people own several credit cards to meet different needs nowadays. Also, you can consider your spending habits and choose Cash Back Credit Cards, Airmiles Credit Cards, Dining Credit Cards, Online Shopping Credit Cards, Premium Credit Cards, Corporate Credit Cards, Entry Level / Student Credit Cards, UnionPay Credit Cards, or Welcome Offers Credit Cards. You can also make use of MoneyHero comparison pages, and compare latest offers of credit cards.

For exclusive offers from MoneyHero, current customers are unfortunately not eligible to enjoy. For welcome offer from banks or institutions, various terms and conditions apply, subject to different banks and institutions. You may refer to the following:

American Express 
Welcome offers do not apply to current customers. Their welcome offers only apply on applicants who have not held or cancelled American Express credit cards in the past 12 months.

Citibank 
Welcome offers do not apply to current customers. Their welcome offers only apply to applicants who have not held or cancelled Citibank credit cards in the past 12 months.

DBS 
Current and new customers are eligible for welcome offers. New customers refer to card holders who have not held or cancelled Citibank credit cards in the past 12 months. For more details of welcome offers, please click here.

PrimeCredit 
Welcome offers do not apply to current customers. Their welcome offers only apply to applicants who have not held or cancelled PrimeCredit credit cards in the past 6 months.

CITIC 
Welcome offers do not apply to current customers. Their welcome offers only apply to applicants who have not held or cancelled CITIC credit cards in the past 12 months.

HSBC 
Current and new customers are eligible for welcome offers. For more details of welcome offers, please click here

BEA 
Welcome offers do not apply to current customers. Their welcome offers only apply to applicants who have not held or cancelled BEA credit cards in the past 6 months.

Credit card rewards come in many forms, the two major incentives are air miles and cash back. Many card issuers have different credit card rewards programs, cardholders can earn reward points for their spending and redeem the points for cash backair milesgift vouchers or free gifts.

Certain banks promote cash back rewards which their credit cards can earn, cardholders can enjoy 1-4% cash rebate for eligible local / overseas spending or shopping online.

If you travel and use your credit card to book flights and hotels frequently, you can earn more air miles using air mile credit cards. You may redeem miles for award flights, hotel stays and other travel offers.

In addition to daily spending, you may also earn rewards by using the Octopus Automatic Add-value Service and paying utilities, tax, tuition and insurance bills with your credit card and redeem reward points, cash back and air miles.

Banks in Hong Kong such as HSBC, Hang Seng Bank and Standard Chartered Bank issue different types of credit cards with generous rewards and their eligibility requirements are also different. Hence, the processing time varies depending on the card issuer, but as soon as your application has been approved, it normally takes 7 to 10 working days until you receive your card. Make sure that you submit all the relevant documents so that your application can be processed as quickly as possible.

The requirements to get different credit cards may vary and some may even have a minimum income requirement. Of course, applicants with a proper job or have income proof are more likely to be successful with their application, but it does not mean that a self-employed or unemployed person will not able to apply for a credit card.

The annual fee, which is generally charged HK$200-HK$6,000, depends on the bank and the type of credit card. One- to three-year annual fee waiver is usually offered to attract users, and cardholders get their fee waived if they can meet the minimum spending. Some card issuers even advertise credit cards with no annual fee, so please be sure to check the terms before applying. You can request annual fee waiver by calling the card issuer's hotline. Furthermore, many banks charge an early termination fee of more than HK$100; other common fees and charges include replacement fee, late charge, over-limit fee, cash advance fee and foreign transaction fee. In addition to credit card welcome offers, you should also check with your provider to see the fees and charges of your credit card.

Banks look at your credit score and income to determine the maximum credit amount they would extend to you. If your application is approved, the credit limit a bank gives you may be lower or higher than what you indicated in your application. If your credit score is satisfactory, banks may give you the maximum credit limit. If you think your limit is too high, you can talk to your provider and ask them to reduce it. Know more about credit score by reading our credit card application guide.

There are many ways to pay credit card bills, the easiest way is to apply for the bank?s autopay service, which will automatically deduct the monthly payment from the bank account on the due date, so that you won't overlook the payment. Other methods that cardholders can choose to pay the bills include PPS, ATM, e-banking, cheque or convenience stores.

Making only the minimum payment is not the best way to pay the bills! If you just make the minimum payment on the credit card, the bank would charge you compound interest, which means you might owe more and more money and carry long-term debt. Cardholders are recommended to assess their repayment ability before using their credit cards, and pay off all outstanding debt as soon as possible.

In the past, most people think we should not own too many credit cards, as it might lead to over-consumption or missing payment. With the development of modern society and more credit card offers, many of us own several credit cards for various purposes, such as one for overseas spending, one for earning Asia Miles, and the other one for monthly instalments.

Please note that if you always pay your credit card bill after the due date while owning many credit cards, your credit score could drop, which is likely to affect your credit card, mortgage and loan application.

To protect yourself from credit card fraud, you should keep your credit card and personal information (including credit card numbers and security code) safe and never disclose your passwords or personal information to anyone. You should also keep record of all credit card transactions and check bank statements regularly. Report any suspicious transactions to your financial institution or bank immediately to avoid financial loss.