HighlightsCredit Card Feature
Things We LikeEarn 1 point per every $1 spent
Our Least FavouritePoints expire after 1 year
Our VerdictGreat card with a $500 credit limit for tertiary students without income

Many of those hard working adults tend to look back on their student years with rose-coloured glasses. Somehow they imagine that they had so much time to hang out with friends and enjoy life before entering the working world.

Of course nothing could be further from the truth. The average tertiary student spends every waking hour preparing for exams, writing essays, sitting in extra tuition classes and getting tricked out of money that they haven't yet earned.

Luckily, student credit cards usually give you a low credit limit, which is terrible when you really want something you can't afford, but great for your financial well-being.

Citibank Clear Card is one of the best of these student credit cards for a number of reasons, which I will list here.

Credit CardFeaturesIntro Interest p.a.Standard Interest p.a.Annual FeeMinimum IncomeWe least likeRelated links
Citibank Clear Card

Citibank Clear Card

  • Earn up to 10% Citi Rebate at over 300 locations (including Starbucks, Subway and Sheng Siong) on top of your other card benefits.
  • Up to 14% petrol discount** at Esso petrol stations.
  • Earn 1 Reward Point for every S$1 on all spend, Reward Points are valid for 1 year.
Transfer your outstanding balances on any other bank's credit card or credit line to Citibank at 0% nominal interest rate for 3/6/12 months with upfront service fee from 1.58%. Eligible for new Citibank customers who apply for Citibank Ready Credit account with minimum $500 loan.28% per annum$29.96 (waived first year)No minimum income required

Things We Like About Citibank Clear Card

Earn 1 point per $1. Each dollar you spend on purchases with this card earns 1 point. Just using this card for your daily expenses will earn you a lot of points.

Points are flexible. The points you earn with this card, called Citi Dollars, are about as flexible as a circus acrobat.

You can use your points to pay for stuff you buy at participating merchants, redeem them for vouchers, use them to offset part of the cost of your purchases, redeem them for cash (3,600 Citi Dollars = $10 cash rebate) or for any reward from the Citi Rewards Catalogue.

You can also transfer your points to miles on many frequent flyer programmes (KrisFlyer, Royal Orchid Plus, British Airways Executive Club and many more) at the rate of 5 points to 2 miles.

Citi Rebate is a nice little cashback programme that lets you earn up to 10% rebate at over 300 merchant outlets. Use this card to pay at Burger King, Sheng Siong Supermarket, Starbucks or Shell (if you are one of those enviable rich kids that drives daddy's car) to save a lot of money with rebates.

Gourmet Pleasures. Although the name of this programme evokes images of some sort of raunchy B movie, it is definitely worth looking past the name to discover discounts and deals at over 1,000 Citibank Gourmet Pleasures partner restaurants.

It has a low annual fee. This card has a $29.96 annual fee (waived first year), which is one of the lowest annual fees you can pay for a student credit card in Singapore at this point in time.

Petrol discounts. Another perk for the lucky students that own cars. You can enjoy up to 14% petrol discounts at Esso petrol stations. Getting this discount involves swiping an Esso Smiles Card as well as your Citibank Clear Card.

Citi shopping perks include worldwide shopping privileges through Citibank World Privileges and Citi Globeshopper (for online deals).

Mobile access is really a must for most of us youngsters nowadays. Personally I don't use any credit cards that I can't manage over my phone, so I'm glad to see that this Citi card lets you take care of all the basics right from your device with Citi Mobile.

$500 credit limit. You can use this card to make up to $500 of purchases on credit. That may seem kind of limiting when you're trying to impress your peers, but nobody needs the extra stress that comes with thousands of dollars of debt.

Transfer balances at 0% interest rate. Transfer your outstanding balances on any other bank's credit card or credit line to Citibank at 0% nominal interest rate for 3, 6 or 12 months with upfront service fee starting at 1.58%. Eligible for new Citibank customers who apply for Citibank Ready Credit account with minimum $500 loan (most credit cards charge interest of about 24% interest per annum). You will have to transfer a minimum of $500 in Singapore dollars. You combined balance transfers cannot exceed 90% of the combined credit limit of all your Citibank credit cards.

Be sure to pay off the full debt within that 3, 6 or 12 month introductory period to avoid paying interest. After that period, the regular interest rate of 28% per annum kicks in. Call the hotline or talk to a bank officer after you have applied for the credit card to apply for this Citibank Ready Credit Balance Transfer programme.

Our Least Favourite Things About Citibank Clear Card

Points expire after 1 year, so forget the idea of saving up points throughout your student years to get yourself a big graduation gift.

How Other Cards Compare With Citibank Clear Card

Earn up to 10% Citi Rebate at over 300 locations (including Starbucks, Subway and Sheng Siong) on top of your other card benefits.
Intro APR:Transfer your outstanding balances on any other bank's credit card or credit line to Citibank at 0% nominal interest rate for 3/6/12 months with upfront service fee from 1.58%. Eligible for new Citibank customers who apply for Citibank Ready Credit account with minimum $500 loan.
Regular APR:28% per annum
Annual Fee:$29.96 (waived first year)
3X DBS Points on your online shopping and Visa payWave purchases.
Regular APR:25.90% p.a.
Annual Fee:$128.40 Annual Fee (Waived 5 Years)
Pay no fee for one year.
Regular APR:24% p.a.
Annual Fee:$30 waived for the first year

Citibank Clear Card is a good basic credit card for students which can be very rewarding if you shop at Citi Rebate merchant partners.

If you don't yet earn an income then this is one of the best cards you can get. It has a very low $29.96 annual fee (waived first year) and lets you earn decent points on all your spending.

What makes this card really useful compared to other student credit cards is the cashback you earn through the Citi Rebate programme (up to 10%). Many of the most popular stores are partners.

Make sure you have copies (front and back) of your NRIC on hand when applying, plus a copy of your Matriculation card. If you are under 21, you will have to get your parents in on the act. A front and back copy of a parent (or guardian's) NRIC and their signature on the application form are a must.