Big savings on grocery purchases and utility bills from the new Citibank Cash Back Card

Is it possible to save as you spend? The country’s leading credit card has found a way to make it happen with the launch of its newest product – the Citibank Cash Back Card.

With the Citibank Cash Back Card, cardholders get maximum savings on everyday purchases such as groceries as well as on basic home utility expenses. This rebate offer comes on top of all the value added features of owning a Citibank credit card – discounts and freebies at thousands of partner stores and restaurants in the country.

“Citibank has always been about giving rewarding experiences to our cardholders. What better way to reward them than give them more of what they need – savings on where they spend the most such as on groceries and utility bills? That’s giving them the ultimate value for their hard-earned money,” said Bea Teh-Tan, Credit Payment Products Head for Citibank Philippines.

Apply for the new Citibank Cash Back Card and get 5% rebate on all supermarket purchases at all groceries, all year round.

Plus, from now until June 30, 2011, cardholders can also enjoy savings on basic home utility expenses with 5% rebate on Meralco, PLDT landline and myDSL bills every month. To avail, cardholders simply need to enroll Meralco, PLDT landline or myDSL accounts in Citi One Bill, a facility that automatically charges their utility bills to their Citibank credit card. Another way to earn the attractive rebates is to visit Citibank Online and pay for utility bills charged to the Citibank Cash Back Card account through payments and transfers.

The newest and most exciting addition to Citibank’s diverse card portfolio, the Citibank Cash Back Card complements customers’ wise spending habits by giving them great savings they can use to provide more for their family’s basic needs.

Moreover, the Citibank Cash Back Card also offers cardholders 0.5% rebate on all other purchases. This means they can always enjoy the cash back from their purchases any time of the year without having to wait for special promotions to avail of savings. Each swipe of this card gives cardholders cash back they can use to pay for other expenses like home repair or payment for their kid’s school project.

“What’s great is that cardholders can easily get their earned rebates conveniently and automatically each month without the hassles of calling customer service to redeem. The rebates are automatically credited to your account,” explained Tan.

A Citibank Cash Back cardholder can earn a maximum of P12,000 worth of rebates in a calendar year. That’s definitely much more than the annual membership fee of P2,800. In fact, that annual membership fee can be waived every year, for as long as the customer spends at least P180,000 a year, or P 15,000 per month.

Apart from the rebates, Cash Back cardholders also enjoy a low interest rate of only 2.99% a month.

With the Citibank Cash Back Card, you get to save on everything, everywhere, every day of the year. To know more about the Citibank Cash Back Card, call the 24-Hour CitiPhone at 995-9999 or visit www.citibank.com.ph.