Credit Cards

Citi PayAll feature now open to all: One of the cheapest ways to buy miles in Singapore

Pay for rent, education expenses, condo fees, taxes and electricity bills with a 2% admin fee and earn credit card rewards.

In November last year, Citibank started a targeted beta test of a service called PayAll, which allowed customers to earn rewards when paying rental and education expenses with Citibank credit cards.

It wasn’t a particularly new concept, but what made PayAll different was that the admin fee Citi was charging was way below the competition.

During the beta, the lowest possible admin fee was 1.2%, meaning that if you had a Citi PremierMiles Visa card earning 1.2 miles per dollar, you’d be paying 1 cent per mile. This was flat out one of the lowest costs to buy miles anywhere in Singapore. 

Citi PayAll is now available to all Citi customers for an admin fee of 2%

Update 18/2: Certain Citi customers have been targeted with an admin fee of 1.5%. It appears that anyone who participated in the beta test is eligible for the 1.5% rate, although certain Citigold customers did not participate and also report receiving the lower rate

The first iteration of Citi PayAll was an invitation-only beta, but Citibank rolled out an app update yesterday which made the Citi PayAll feature available to all Citi customers.

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When you load the Citi app, you’ll see a Payments tab at the bottom of your screen. Tapping on it brings you to the PayAll introduction page.

You’ll then have the option to schedule either a rent or education payment. Citibank says that taxes, electricity bills and condo management fees will soon be available for payment through PayAll.

Update:  Citi PayAll now supports rent, education, taxes, condo management fees and electricity bill payments

Enter your payee’s details and amount…

…and then the fun part. Citi shows you in unambiguous terms how many miles or points you will receive for your given payment. I’ve chosen a $2,000 payment, which earns me

  • 2,600 miles with the Citi PremierMiles AMEX (1.3 mpd)
  • 2,000 points (800 miles) with the Citi Rewards Visa (0.4 mpd)
  • 6,500 points (2,600 miles) with the Citi Prestige (1.3 mpd)
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You’ll then see the applicable admin fee, which is the same whether you opt for a single payment or monthly payments. I’ve been charged $40 per month on a base payment of $2,000, so that’s a fee of 2%.

A word about admin fees- although the admin fee for the PayAll beta was tiered (1.2-3%, assuming you paid at least $2K), it seems that PayAll now has a fixed 2% admin fee, regardless of what amount you pay.

Buy miles as low as 1.25 cents each, with the right card

How does the card you hold affect the price at which you buy miles through PayAll?

CardCost Per Mile @ 1.5%Cost Per Mile @ 2%

Citi Rewards Visa or Citi Rewards Mastercard
3.755


Citi PremierMiles Visa

1.251.67


Citi PremierMiles AMEX

1.151.54

Citi Prestige*
1.151.54

Citi Ultima
0.941.25
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*Does not factor in the end-of-year relationship bonus, which can increase your earn rate to as high as 1.42 mpd

Needless to say, you shouldn’t consider using PayAll with a Citi Rewards card. However, the equation becomes much more interesting if you hold any other miles/points earning Citi card. Even at the Citi PremierMiles Visa’s relatively “high” 1.67 cpm figure, you’re still doing much better than many other options in Singapore as the table below summarizes:

MethodIncome RequiredCPMAnnual Miles Limit
SCB Visa Infinite Tax Payment (Spend >$2K p.m)$150K1.14Tax bill
UOB Reserve/DBS Insignia with RentHeroInvitation1.14Rental amount
HSBC Visa Infinite Tax Payment (Spend >$50K p.a in prev year)$120K1.2Tax bill
BOC Elite Miles World Mastercard with RentHero$30K1.21Rental amount
HSBC Premier MC Tax PaymentAUM: $200K1.25Tax bill
Citi PayAll with Citi UltimaInvitation1.25Bill amount
UOB PRVI Miles/SCB Visa Infinite (>$2K p.m)/UOB Visa Infinite Metal with RentHeroUOB PRVI Miles: $30K
SCB Visa Infinite/ UOB Reserve: $150K
1.30Bill amount
HSBC Visa Infinite Welcome Gift- Premier customer$120K + AUM $200K1.3935K
SC EasyBill with SCB Visa Infinite (Spend >$2K p.m)$150K1.43Bill amount
HSBC Visa Infinite Tax Payment (Spend <$50K p.a in prev year)$120K1.5Tax bill
DBS Altitude with RentHero$30K1.51Rental amount
Citi PayAll with Citi Prestige/Citi PremierMiles AMEXCiti Prestige: $120K
Citi PremierMiles AMEX: $80K
1.54Bill amount
SCB Visa Infinite Tax Payment (Spend <$2K p.m)$150K1.6Tax bill
Citi PayAll with Citi PremierMiles Visa$30K1.67Bill amount
SCB Visa Infinite Welcome Gift$150K1.6835K
CardUp with BOC Elite Miles World Mastercard$30K1.69Bill amount
HSBC Visa Plat/Revolution Tax Payment$30K1.75Tax bill
Citibank PremierMiles AMEX Annual Fee$80K1.7815K
Cardup with UOB PRVI Miles$30K1.81Bill amount
HSBC Visa Infinite Welcome Gift- Regular Customer$120K1.8635K
OCBC VOYAGE Tax Payment$120K1.9Tax bill
UOB Reserve VI Payment FacilityInvitation1.9Unlimited
UOB PRVI Pay Facility$30K1.9 (until 31 Dec 19)Unlimited
Citibank PremierMiles Visa, DBS Altitude, KrisFlyer UOB Card, OCBC 90N Annual Fee$30K1.9310K
OCBC VOYAGE Payment Facility$120K1.9 or 1.95Unlimited
UOB VI Metal Payment Facility$150K2.0Unlimited
SC EasyBill with SCB Visa Infinite (Spend <$2K p.m)$150K2.0Bill amount
Cardup with DBS Altitude/Citibank PM Visa$30K2.11Bill amount
OCBC VOYAGE Annual Fee- Option 2$120K2.14150K
Citi Prestige Annual Fee$120K2.1425K
DBS Altitude Tax Payment$30K2.5Tax bill
OCBC VOYAGE Annual Fee- Option 1$120K3.2515K

That’s awesome, in my opinion, especially given the no-risk approach. Every month we get questions like “does Cardup/ipaymy stilll earn base points with Card X” because everyone’s afraid this will be the month the banks pull the plug. Citi is at least promising that you will earn this many points for your payment.

Citi Miles and Thank You points are the most valuable loyalty currency in Singapore

The icing on the cake for me is how valuable Citi Miles and ThankYou Points are. While most banks offer KrisFlyer and at most Asia Miles, Citi gives you a choice of 12 different frequent flyer programs to transfer your points, including useful ones like British Airways Avios and Etihad Guest.

Citibank transfer partners

Conclusion

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Citi PayAll is no doubt going to shake up the payment facility market in Singapore, and I’m interested to see how the incumbent payment platforms will respond. Once the service expands, it’s going to be much easier to acquire miles for less.


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UK_Ship
Guest
UK_Ship

What happens if you have set up a recurring payment under the payall beta app? I set up a 5k payment on my PremierMiles Amex so was paying less than 1c a mile, will the fee now go up?

colink
Member
colink

Grandfathering the old rates would be amazing but doubtful. In the updated app my current PayAll payment is showing with the old, beta rates for my next payment scheduled in March.

UK_Ship
Guest
UK_Ship

I just checked mine and the next payment due in a week is also at the old fee structure – here’s hoping

Phil
Guest
Phil

The next recurring payment I have scheduled is still showing 1.5%
I would complain if Citi changed the fee structure on an existing recurring payment

Ck
Guest
Ck

Anyone know if the transactions count towards the $8888 spending required for the preniermiles promo?

Asian Miler
Guest

Ditto this.

H
Guest
H

I just called to ask and they said yes

Laksa
Guest
Laksa

What about BOC cardup? I was offered 2% fees last lunar new year’s day. Am earning 1.5mpd. I think Payall is worse off.

nick
Guest
nick

Is there a cap to how much we can charge? I can’t find it anywhere. Previously it was 10k during the trial.

Andrew
Guest
Andrew

Not sure if the fee is the same for everyone but it shows the fee of 30 dollars when I try 2000$ in the app. That would mean even cheaper cpm

Louis Tan
Member

Hmm… I’m getting $40 for $2k (and generally a 2% fee)… sounds like it might be targeted? Lucky you!

VM
Guest
VM

Just tried to setup up a payment for 5350 – got 80.25, which works out to 1.5%. Must be targetted.

Andrew
Guest
Andrew

Yes, I did use the service in the beta when the fee was 1.2%

VM
Guest
VM

Nope – wasn’t part of the beta which makes it even more interesting. I am not sure whether they have a tired pricing for Citigold vs others perhaps?

Barry
Guest
Barry

I was charged 1% $48 on $4800/- PM

ZQ
Guest
ZQ

I participated in the beta and enjoyed a 1.5% fee including until end of April when I paid my income tax. Now every new payment I try to set up has a 2% fee, although existing recurring payments still had the old fee. Guess Citi must have phased out the reduced fees.

Victor
Guest
Victor

Anyone have any idea whether the income tax facility for this will be up in time for tax season this year?

jwt
Guest
jwt

any idea whats the max amount one can pay?

nan
Guest
nan

Hi All

my fren got his payall at 1.5% (he didn participate in the previous campaign tho) and received this dubious and confusing SMS frm Citi:
There was a charge of SGDXX on Citibank Card by DUMMY NAME DUMMY CITY SG

For a moment, we thought it’s some fraudulent charge on the card. Did anyone else get this sms too?!
i guess citi didn do their testing properly… :S

he also got an SMS asking him to put that trxn on PAYWISE at 0% interest with 3% fee. by taking up paywise, the miles will be reversed right??

Tofu
Guest
Tofu

I am a Citigold member and i just checked my payall function. I am offered 1.5% for only two months. Dinno why they say 2 months..

LG
Guest
LG

I am also a Citigold member. I was not aware the 1.5% was offered for only 2 months but confirm they do enforce this rule as far as I am concerned. Now into my 3rd month using the payall function and the fee jumped to 2%.

Adam
Guest
Adam

What about paying with a CC (Visa or AMEX) via MySam Web?

Adam
Guest
Adam

Sorry, ignore my silly question…

huat
Guest
huat

for citi payall payment to landlord, the info requested is payee name and account number. does this mean we can set up recurring payment schedule to any individual?

will citibank request credit card holder to provide rental agreement?

Kunal1707
Guest
Kunal1707

Attempted to make my first-time Citi PayAll payment today to my condominium’s MCST. However, the CitiPayall interface kept prompting with an error “Invalid MCST number”. I was certain that it was correct, so I went to the Live Chat support via Online Banking to enquire.

Turns out, not every MCST in Singapore is “partnered” to accept Citi PayAll payments. Was advised that since my condo’s MCST is not able to accept, I have to make alternative payment arrangement.

Opportunity Cost = 4320 miles per year , for an expense I cannot avoid as a homeowner. Disappointing.

Loh
Guest
Loh

Hey, you can “cheat” the PAYALL system by listing it under the “Rent” category. I did that for my 2019 Q2’s MCST payment and it went through. (Just setup for my Q3 MCST payment).
The way I see it, so long as the payment function can be set up (regardless of category), Citibank doesn’t clamp down on whether it is an accurate category, the payment will go through and we will still get our points.