citi rewards card review | Moneymax

What’s the one thing first-time and long-time cardholders have in common? Their affinity for credit card rewards. One of the most popular rewards credit cards out there is the Citi Rewards Card. You could be searching for other cards, but Citibank’s rewards-filled credit card has always been a good place to start.

Fortunately, we got you covered with this Moneymax Reviews edition, where we take an in-depth look at credit cards in the Philippines. And the first product to go under the microscope? You guessed it—the Citi Rewards Mastercard. Find out more in this Citi Rewards Card review.

Citi Rewards Card Features

Every credit card comes with a set of terms and conditions, and the Citi Rewards Card is no different. It’s important to study them before applying for any credit card out there.

Citi Rewards Card Review
  • Annual fee:
    • PHP 2,500 for principal cardholders (free for the first year)
    • PHP 1,250 for supplementary cardholders (free for the first year)
  • Interest rate: 2%
  • Minimum monthly income requirement:
    • PHP 15,000 (for existing credit cardholders)
    • PHP 20,833.33 (for new cardholders)
  • Cash advance fee: PHP 200 per transaction
  • Late payment fee: PHP 1,500 or the unpaid minimum amount due, whichever is lower
  • Overlimit fee: PHP 1,500 or the highest overlimit amount, whichever is lower
  • Foreign transaction fee: 3.525% of amount
  • Card replacement fee: PHP 400

Read more: Applying for a Rewards Credit Card? Read This First

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What Rewards Can I Redeem with a Citi Rewards Card?

citi rewards card review - rewards to redeem

Citi Reward Card’s rewards program allows you to earn 1 rewards point for every PHP 30 you spend, regardless of the category. That makes the Citi Rewards Mastercard one of the rewards credit cards in the Philippines with the fastest earn rate.

You can then triple your points if you use your Citi Rewards Card at shopping boutiques, department stores, and restaurants. Plus, your points have no cap and no expiry date, so that’s always a plus.

Here’s a glimpse of the exciting rewards you can redeem with a Citi Rewards Card.

Citi RewardsPoints Required for Redemption
Cash creditStarts at 1,700 points = PHP 100
Annual fee waiverStarts at 1,700 points = PHP 100
Seawag Waterproof Sports Style Earbuds48,500 points
Casio Digital WatchStarts at 77,800 points
Tuscany Leather Hammered Leather BagStarts at 123,700 points
Apple Watch Series 3Starts at 191,400 points
Veho Drivecam KZ-2 Dashcam245,400 points
AirPods Pro249,900 points

You can also use your rewards points to book flights and hotels here and abroad. Just head down to Citibank’s rewards redemption page[1] and check all the possible rewards you can redeem.

Plus, you can use your rewards points to redeem cash credits. For as low as 1,700 points, you can earn a PHP 100 cash credit. You can then use this to pay for your credit balances or waive your annual fee for the year.

Read more: Don’t Miss It! Get Free Apple AirPods from Moneymax

What Perks Can I Enjoy with a Citi Rewards Card?

citi rewards card review - citi rewards mastercard perks

With the variety of rewards you can redeem with a Citi Rewards Card, you’d think that it’s the only upside. While the rewards are what brings the most interest, the benefits of owning a Citibank credit card shouldn’t be ignored.

A Citi Rewards Card also gives you access to exclusive promos with Citibank’s partner establishments in over 90 countries. You can also get up to 50% discounted deals at participating hotels, resorts, and airlines worldwide.

Read more: Promo Extended: Get Free ₱7,000 GCash from Moneymax!

moneymax citibank marshall emberton gcash promo

Citibank also has a Citi Mobile App to manage everything related to your credit card. You can check your rewards points and air miles, redeem more rewards, manage your card settings, pay your credit balances, and other credit card-related transactions.

Interested in applying for a Citi Rewards Card? Here’s a quick view of the card’s features and fees.

citi rewards card review - features and fees

Citi Rewards Card Alternatives

However, if you think the Citi Rewards Mastrecard isn’t the right credit card for you, read on below for alternatives you can consider. Keep on comparing to ensure you get a card that suits your budget and needs.

💳 Citi Simplicity+ Card

Skipping annual fees entirely is an understated perk that you should always capitalize. Otherwise, you’ll be paying the annual fee of PHP 2,500 after the first year. If you don’t want to pay any annual fees forever, try applying for this Citi card. Get to know Citi Simplicity+ by reading our review.

💳 HSBC Red Mastercard and Metrobank Titanium Mastercard

Make no mistake about it: the Citi Rewards Card is made for shoppers and rewards points hunters. But if you find Citibank’s rewards program lacking or you want to earn points quicker, try other rewards credit cards.

For instance, both the HSBC Red Mastercard and the Metrobank Titanium Mastercard can earn you 1 rewards point per only PHP 20 spend.

💳 Citi Cash Back Card

You also won’t maximize the Citi Rewards Card’s benefits if you shop only for essentials. If that’s the case, try applying for a cashback credit card that can earn you rebates for every swipe.

Try applying for a Citi Cash Back Card, a card that can earn you up to 6% rebate on groceries and up to 2% rebate on Meralco bills payments. You can also check our review about Citi Cash Back Card for more details.

💳 HSBC Platinum Visa

Prefer cashback over rewards? Then this shopping and travel rebate credit card from HSBC is better suited for you.

The HSBC Platinum Visa earns you a high rebate of 5% on travel and shopping (including online) transactions, plus 1% on insurance and 0.50% on all other transactions.

Read our HSBC Platinum Visa review.

Final Thoughts

That concludes our Citi Rewards Card review! If you’re looking to make shopping more rewarding, then the Citi Rewards Card will help you do just that and more. With its wide range of rewards and other value-added perks, you should at least add this credit card at the top of your card options. Stay tuned for our next Moneymax Reviews!

If you’re more interested in getting Citi credit cards, here are some options to choose from:




Citi Rewards Card

Citi Rewards Card
  • Monthly income requirement: PHP 20,833
  • Interest rate: 2%
  • 3x points on shopping and dining transactions
  • Never expiring points. Use anytime, anywhere.


Citi Cash Back Card

Citi Cash Back Card

  • Monthly income requirement: PHP 20,833
  • Interest rate: 2%
  • Up to 6% cash back on purchases
  • Save as much as PHP 12,000 per year


Shell Citi Card

Shell Citi Card
  • Monthly income requirement: PHP 20,833
  • Interest rate: 2%
  • 5% rebate on Shell fuel purchases
  • 5% rebate on car repairs and accessories
  • Save as much as PHP 10,000 per year


Mercury Drug Citi Card

Mercury Drug Citi Card

  • Monthly income requirement: PHP 20,833
  • Interest rate: 2%
  • 5x rewards points on Mercury Drug purchases
  • 3x rewards points on health and beauty spend
  • 24/7 ambulance service worth P10,000


Citi PremierMiles

Citi Premier Miles

  • Monthly income requirement: PHP 30,000
  • Interest rate: 2%
  • Welcome gift of 30,000 miles
  • Free travel insurance up to PHP 1 million
  • Earn 1 PremierMile for every PHP 30 spent


Citi Prestige Card

Citi Prestige Card

  • Monthly income requirement: PHP 83,333
  • Interest rate: 2%
  • 5x rewards points on shopping and dining transcations
  • Unlimited access to VIP airport lounges
  • Dedicated customer service hotline

Source: [1] Citibank Rewards Page