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Citi M1 Platinum Visa

Data last updated 23 October 2026
27.90%
Purchase rate
S$0
Annual fee
300
Bonus points
Application

CardIQ

38Basic

Basic

Overall score, out of 100 · How this works

  • Cashback88
  • No annual fee42
  • Rewards13
  • Sign-up bonus8

Customer reviews

No reviews yet. Be the first to review the Citi M1 Platinum Visa.

Pros & cons

What's good

  • 300 bonus points to start, worth around S$0 at our 0.4c-per-point valuation.
  • No annual fee.
  • Earns cashback on eligible spending.

Worth noting

  • The annual fee increases from S$0 to S$196 in the second year.
  • Earns no rewards points on spending.

Card details

The basics

Additional cardholder fee
S$98.10 p.a.
Card tier
Platinum
Card type
Visa
Card use
Personal
Credit limit
Not published
Credit rating
Not published
Rewards program
None

Eligibility

Instant approval
Not published
Joint application
Not published
Minimum age
21 years old
Minimum income
S$30,000 p.a.
Residency
Singapore
Temporary residents
Not published

Rates & fees

Ongoing interest rates

Cash advances
27.90% p.a.
Purchases
27.90% p.a.

Fees

Additional cardholder fee
S$98.10
Annual fee
No annual fee
Annual fee (year 2+)
S$196.20 p.a.
Cash advance fee
8% of the amount
Foreign transaction fee
3.25%
Late payment fee
S$100
Over limit fee
S$40

Repayments

Interest-free period
Up to 25 days on purchases
Minimum repayment
Greater of: (a) 1% of current balance + 1% of outstanding unbilled instalment amounts + all interest charges + all upfront service fees for instalment plans + late payment charges; or (b) S$50; plus any overdue amounts. Minimum current balance S$0–<S$50 pay current balance in full.

Balance transfers

This card has no promotional balance transfer offer. To move existing debt to a lower rate, compare balance transfer cards.

Introductory purchase offer

This card has no introductory purchase rate offer. If you're carrying a balance or planning a big spend, compare 0% purchase cards.

Rewards

Cashback

Ongoing cashback
5% on eligible spend

Up to 5% rebates across various categories including 4.7% on Entertainment (capped at S$60 per statement month), 2.7% on M1 Telco Bill Charges (capped on first S$300), and 2.7% on M1 Shop in-store purchases. Base rebate also applies on general spend.

Where this card sits vs similar cards

Compared with every other personal credit card we list that has the feature. The further right the dot, the better this card does.

Interest-free days25 daysTied for best (1st of 17 cards)
Annual feeS$196 a yearBetter than most (6th of 19 cards)
Overseas fee3.25%Better than most (6th of 19 cards)
Purchase rate27.90%Middle of the market (9th of 19 cards)
Sign-up bonusS$1Among the weakest we track (7th of 7 cards)

Data as at October 2026. Rates change often, so check the issuer's terms. Factual information, not a recommendation.

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Sources

Credit Card Compare
How CardIQ scores cards
Issuer
Citi