What does the Citibank Corporate Card offer?
Benefits of the Citi Corporate Card:
- Low annual fee
- Travel accident coverage
- Flexible liability
Citibank Corporate Card Fees
The Citi Corporate Card has an annual fee of S$150 (not including GST), which is lower than some of its competitors’.
In terms of cashback, Citibank offers up to 0.3% cashback on annual spending with the Citi Corporate Card. Every S$1 spent earns you one Citi ThankYou Point. These points can be redeemed for reward vouchers or cash rebates.
ThankYou Points can also be exchanged for flight miles, at a rate of 5 Citi ThankYou Points to 2 Frequent Flyer Miles. Therefore, based on this rate, you can get 1 mile for every purchase of SGD $2.5.
On top of this, enjoy free travel accident insurance coverage of up to SGD $1,000,000 per cardmember.
Choosing the Citi Corporate Card also allows you access in terms of liability flexibility.
Your company can pick from Sole Corporate Liability, Joint & Several Liability, Cardmember Liability and Personal Liability. This allows you to manage card payments more efficiently within the company.
However, the liability type typically depends on the business structure, as it affects who ultimately bears the financial risk. For instance, smaller businesses or sole proprietorships may rely on Personal Liability cards, where the individual cardholder is responsible for repayment. In contrast, incorporated businesses often prefer Joint & Several or Company Liability arrangements, which align the credit risk with the business rather than the employee.
Personal Liability cardmembers can also enjoy contactless payment using the PayWave feature for transactions below SGD $100.
To set up a Citi Corporate Card, your company’s minimum net worth must be SGD $50,000+, depending on years of operation.
Take note that the minimum annual income for foreign employees holding the cardmember or personal liability card is S$42,000, versus S$30,000 for Singaporean residents.
Verdict: Should you get the Citi Corporate Card?
The Citi Corporate Card is good for larger businesses looking for a no-frills, globally recognised corporate card. However, smaller businesses might not be a good match for the Citi Corporate Card because of its minimum net worth requirement.
How to apply for the Citi Corporate Card?
Step 1: Visit the Citi Corporate Card website
Step 2: Be sure to read the benefits, terms and conditions and eligibility & fees diligently
Step 3: Click on “contact me”
Step 4: Fill in the necessary details on the contact form, including your contact information and company registration number
Step 5: Click submit! A Citi Commercial Cards Sales Manager will reach out to you within 3 business days
Citibank corporate card: Are there any promotions?
When you’re a Citibank card member, you get to accumulate ThankYou points. Simply head to the ThankYou website to find a wide range of ways for ThankYou members to redeem their points. Some of the ways include using points to book your next flight, cash rewards, purchase gift cards and shop on participating online partners such as Amazon.
Should you activate your Citibank corporate card for overseas usage?
If you’re planning an upcoming work trip, it’s best to activate your corporate card for overseas use well in advance. Should there be a need for added cash, you also have the option to withdraw money from eligible ATMs. All you need to do is activate the card for overseas use via the Citibank Online website, Citi Mobile app or hotline.
All Citibank Cards for Businesses in Singapore
Citibank structures its business cards to suit different company sizes and needs, from sole proprietors who need cash flow flexibility to larger corporations requiring liability management.
Below is a breakdown of three popular options in Singapore. However, please note that you should always refer to Citibank’s official commercial cards website for the most current and detailed terms and conditions.
Citi Purchasing Card
Ideal for a business of any shape or size operating in Singapore, the Citi Purchasing Card helps streamline business expenditures. Its affordable pricing structure and incredible features make it more attractive. This card's annual fee is SGD $28.04, offering up to 0.5% cashback and rewards, and travel accident insurance and corporate liability waiver covers can be included.
However, it doesn't offer any scope for cash advances, and the qualifying requirement is that the business must have a net worth of SGD $100,000. Unlike the other two options mentioned below, this card doesn't give access to any cash advances. However, the online portal offers consolidated data about the company or business's spending in one place.
Citi Corporate Card
The corporate card from Citibank, or Citi corporate card, is one of Singapore's most preferred and commonly used business cards. Some common Citi corporate card benefits include offering cash flow support and exciting cashback rewards on spending that can be used to stay on top of business expenses. It offers global travel deals and other exclusive discounts and membership perks.
For instance, it offers a 55-day interest-free credit line to enhance the business's cash flow. However, to qualify for this card, the business should have a net worth of SGD $100,000, and it comes with an annual fee of SGD $150. This card also offers complimentary travel insurance coverage of up to SGD $1,000,000 per card. Any bill payments to Citibank can be easily made online through this bank's online portal from anywhere, at any time.
Citi Business Card
This is the perfect business card for medium and small enterprises operating in Singapore. An added benefit is that it can be used to better manage business expenses and improve cash flow. An interesting feature of this Citi business credit card is the reward point structure. Earn up to twice the usual ThankYou Citi points on expenses and redeem them for rewards later.
Foreign transactions can be performed with this card in person or online. Up to 55 days of interest-free credit and travel accident insurance up to SGD $1,000,000 per card are included to improve the business cash flow. The online portal can access all the account-related statements and expenditures. This can also be used to stay on top of the company's spending.
Breaking Down The Benefits For All Your Business Needs
By using a Citibank card, your business in Singapore can achieve the following benefits.
- Whenever the Citi card is used to make any purchase, reward points are automatically credited to the member's account. These points can be later redeemed to purchase airline tickets, gifts, vouchers, leisure activities, or hotel stays. Another wonderful thing about these reward points is that they don't have an expiration date and can be redeemed at the cardholder's convenience.
- If a business uses the city credit card for its administrative tasks and business items, including car rentals, dining and travel, or hotel bookings, an attractive discount of up to 55% on participating partners can be obtained. Apart from this, there is also a wonderful 20% discount on dining charges within Singapore at participating outlets.
- The cardholder can make purchases related to business travel over the phone, in person, or even online. Citibank's 24 x 7 customer service help desk ensures the cardholders have the required support even while travelling.
- Cardholders also earn additional benefits in the form of access to spa and golf clubs across Singapore and over 30 participating countries. They also earn reward points on shopping expenditures, which can be redeemed.
- Another wonderful feature of all Citi cards for businesses and companies in Singapore is the ability to instantly obtain a credit line at low interest rates to supplement cash flow requirements.
- Apart from all these benefits, Citibank also provides certain complimentary company benefits. For instance, it includes travel insurance coverage for any accidents for up to S$1 million, along with a corporate liability where insurance is US$25,000 per cardholder. Along with this, additional insurance against misuse by corporate employees with a coverage of US$25,000 is also provided.
Comparing Citibank Corporate Card with Competitors
There are several corporate cards in the Singapore market, each one provides different benefits, credit lines, rewards and comes at a different fee. Here is how the Citibank Corporate Card fares when compared to its competitors in Singapore.
Note: The data was last updated in September 2025 and is subject to change. Please refer to the sources section below for links to each provider’s official website.
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