Citi Cash Back Card
Last Updated: May 2023
$
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
2% rebate for local dining, local hotel spending and foreign currency spending with no cap
Free Purchase Protection Insurance
Annual Fee Waiver
Digital Wallet Rebate
Utilities Wallet Rebate
Octopus Reload Rebate
MoneyHero Exclusive Offer

Great for

  • Most suitable for customer who has big spending in short period
  • MoneyHero Limited-Time Exclusive Offer - iPad (9th generation) (64GB; Wi-Fi Version; Random Color)(valued at HK$2,599)

    • New Citi Credit Card Customers receive iPad (9th generation) (64GB; Wi-Fi Version; Random Color)(valued at HK$2,599)[Quota: 100] / Marshall Stanmore II Wireless Speaker (valued at HK$3,499) / LG SN7CY Soundbar (valued at HK$3,280) / Apple Watch SE (40mm; GPS) (valued at HK$1,999) / HK$1,800 Apple Store Gift Card OR Wellcome Shopping Voucher exclusively from MoneyHero when they spend a designated amount and fulfill the following requirements:
    Important Dates Requirements
    From 29 May 2023 12 noon to 31 May 2023 6 p.m. New Citi Credit Card Customers who successfully apply for the Designated Cards via MoneyHero.
    • First 100 eligible applicant can get iPad (9th generation) (64GB; Wi-Fi Version; Random Color)(valued at HK$2,599)
    • The remaining eligible applicants can get Marshall Stanmore II Wireless Speaker (valued at HK$3,499) / LG SN7CY Soundbar (valued at HK$3,280) / Apple Watch SE (40mm; GPS) (valued at HK$1,999) / HK$1,800 Apple Store Gift Card OR Wellcome Shopping Voucher
    Within 7 days of receiving the form Submit the reward redemption form sent via email previously.
    On or before 30 June 2023 The card must be approved by Citibank. You are required to activate the card.
    Within 30 days upon card approval Make a minimum spend of HK$1,000 with the card
    • Tips:
      • ⚠️Reminder: Only new customers who click the "Apply Now / Apply via unique link" button at or after 29 May 2023 12 noon would be eligible to participate in the iPad (9th generation) [Quota: 100] Limited-Time Exclusive Offer; any Reward Redemption Form received and submitted before the promotion period is not eligible to the Offer.
      • Please turn off AdBlocker and private mode before application: 3 settings to ensure reward eligibility
      • Note down your application reference number shown on the application completion page for reference (e.g. ABC123456789).
      • You are advised to upload all required documents when you apply for the card to facilitate the approval process. Don't forget to note down your application reference number. It can be used for checking your application status and claiming MoneyHero exclusive offer.
      • Please complete the redemption form within 7 days. MoneyHero will verify your reward eligibility with Citibank.
      • Designated Cards include Citi Cash Back Card, Citi Rewards Card, Citi Rewards UnionPay Card, Citi Premier Miles Card & Citi Prestige Card.
      • Applicants understand and accept that gift fulfillment is facilitated by MoneyHero. Citibank (Hong Kong) does not have any liability or responsibility for the gift fulfillment.
      • If you have concerns regarding the redemption process, please refer to the Terms and Conditions.
  • 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
34.28%
Cash Advance APR
35.81%
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
<p>✔ Inductive payment<br><span style="color: rgb(116, 133, 144); font-family: proximaNovaRegular, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">✔ Octopus automatic value<br></span><span style="color: rgb(116, 133, 144); font-family: proximaNovaRegular, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">✔ Payme value added<br></span><span style="color: rgb(116, 133, 144); font-family: proximaNovaRegular, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">✔ Wechat Pay value added<br><span style="box-sizing: inherit; margin: 0px; padding: 0px; outline: 0px !important; color: rgb(116, 133, 144); font-family: proximaNovaRegular, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255); float: none; display: inline !important;"></span><span style="color: rgb(116, 133, 144); font-family: proximaNovaRegular, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;"></span><span style="box-sizing: inherit; margin: 0px; padding: 0px; outline: 0px !important; color: rgb(116, 133, 144); font-family: proximaNovaRegular, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255); float: none; display: inline !important;">✔ Alipay value added</span></span><br></p>
Credit card type
Mastercard

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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.