This card has been designed to help you optimise your company’s purchasing costs by eliminating unwanted paper trails.
Best suited for: Companies looking for a purchasing card that is customised to match their accounting procedures and that helps them control and plan their expenses.
|Cashback on annual spend||0.3%|
|Complimentary travel insurance||Up to S$1 million|
The card allows you to earn up to 0.3% cashback, depending on your company’s annual spending.
|Coverage type||Coverage amount|
|Accidental death and permanent disablement||Up to S$1 million for the main traveller, up to S$500,000 for spouse, and up to S$250,000 for each dependant|
|Burial expenses||Up to S$5,000 each for the main traveller, spouse, and dependant|
|Simple/other fractures||Up to S$3,000 each for the main traveller, spouse, and dependant|
|Medical expenses||? Main traveller under 70 years old: Up to S$25,000 ? Main traveller of age 70 years or more: Up to S$1,000|
|Emergency medical evacuation and assistance||Up to S$50,000 for the main traveller|
|Loss of personal property, money, travel documents, and baggage||Up to S$850 for the main traveller|
|Travel delay||Up to S$250 for the main traveller|
|Baggage delay||Up to S$250 for the main traveller|
|Corporate liability waiver||Up to US$1.65 million per company or US$25,000 per cardholder|
The complimentary travel insurance offered with this card covers the main traveller, their spouse, and their dependant children. The dependant children should be at least two years old but not more than 18 years old. If the dependant child is studying in a tertiary institution, he/she should not be more than 25 years old.
|Type of interest||Charge|
|Retail purchases||Not applicable|
|Cash advance||This card is not eligible for cash advance|
|Instalment payment plan||Not applicable|
|Type of charge||Charge|
|Overseas transaction fee||2.8%|
|Late payment fee||2% of the outstanding balance plus S$100 fixed charge|
|Over-limit fee||Not applicable|
|Cash advance fee||This card is not eligible for cash advance|
|Supplementary card fee||Not applicable|
You are eligible to apply for this card if the net worth of your company is at least S$50,000 (this, however, depends on how long your business has been operational).
Yes, you need to activate the card for overseas use. The magnetic stripe on the back of your card is deactivated for overseas use to ensure your protection from unauthorised transactions. Since some of the countries are still using magnetic stripe to process point-of-sale transactions, it’s best to get it activated before you begin your trip.
You can activate your card for overseas use through SMS, self-service phone banking, Citi mobile app, or internet banking.
If your card is lost/stolen, you must report the incident to the bank as soon as possible. You might also need to submit a police report to the bank. In case there is unauthorised use of the card, your liability will be limited to S$100. However, you will have to prove that you took all possible steps to keep your card safe.
Most credit cards in Singapore waive the annual fee for the first year, but if you pay all your dues on time, the bank may extend the fee waiver. To know more about credit cards, check our website.