New Citi Lazada Credit Card offers 4.8 Miles per Dollar on Lazada (until February 2020) and 2.0 Miles per Dollar on Transport, Dining, Travel and Entertainment Worldwide
Singapore is the fourth market to see the introduction of a Citi Lazada Credit Card - the brand new credit card offers 12X Rewards (equivalent to 4.8 miles per dollar) on Lazada spend until 29 February 2020. Following which, the earn rate on Lazada spend reverts to 10X (4 miles per dollar) from 01 March 2020. In addition to that, eligible charges on transport, dining, travel and entertainment worldwide will enjoy an accelerated earn rate of 5X Rewards (2 miles per dollar).
Photo Credit: Citi Singapore
To celebrate the launch of the Citi Lazada Credit Card in Singapore, new cardholders will get to enjoy a 1-year LiveUp membership (worth S$59.90) as well as the chance to receive S$150 worth of Lazada vouchers. In order to receive the vouchers, a cardholder will have to apply for through an online acquisition channel, receive approval within 30 days from the date of application and charge S$1,200 (or equivalent) worth of qualifying spend to the card within three full calendar months from the date of approval.
Photo Credit: Citi Singapore
Do note that the maximum number of Reward Points that you can earn under the 12X and 5X rate is capped at 10,000 per statement month. However since the annual fee for the first year is waived, it may be a good idea to apply for the Citi Lazada Credit Card if you are planning to purchase the LiveUp membership anyway. Additionally, if you tend to spend a fair bit on Lazada, the Citi Lazada Credit Card may be a fairly decent card to earn 4.8 miles per dollar until the end of 29 February 2020.
Probably the best sign-up offer for Citi Credit Cards - get S$400 cash reward with minimum spend of S$500 within 30 days for new customers.