Excellent Citi PayAll Flash Deal: Get up to S$200 GrabFood vouchers, plus 2.5 mpd & S$100 cashback

From midnight tonight, Citibank will be running a 72-hour flash sale for Citi PayAll, with up to S$200 GrabFood vouchers for users who set up at least S$3,000 worth of payments. 

For perspective, this is the most generous flash sale we’ve ever seen, as previous flash sales maxed out at S$100. 

What’s particularly exciting is this flash sale can be stacked with the ongoing 2.5 mpd offer and S$100 cashback for recurring payments, creating some excellent opportunities to buy miles for next to nothing. 

Get up to S$200 GrabFood vouchers with Citi PayAll

Citi PayAll customers who set up at least S$3,000 of payments between 12 a.m on 21 July 2021 to 11.59 p.m on 23 July 2021 (with payment due date before 30 September 2021) will receive GrabFood vouchers as follows: 

Each customer is entitled to a maximum of one gift during the promotion period. This promotion is valid for the following Citi credit cards:

• Citi ULTIMA Card
• Citi Prestige Card
• Citi PremierMiles Card
• Citi Rewards Card
• Citi Cash Back+ Card
• Citi Cash Back Card

At the risk of repeating myself, your payments must be set up during the promotion period, so if you’ve already got payments in place, you’ll need to cancel and set them up again (since Citi is running so many PayAll promos, make sure the cancellation doesn’t jeopardise your participation in another one!).

For the avoidance of doubt, you can combine multiple payments to meet the minimum spend.  However, only the first payment of a recurring payment setup would count towards the calculation. 

Citibank provides the following examples:

Eligible customers will receive a notification via SMS/email with gift redemption details within 10 weeks from the end of the promotion period, i.e. by 1 October 2021. Do note that Citibank has been a bit tardy with its timelines on previous promotions, so you might be waiting 1-2 weeks more than the quoted duration. 

The full T&C of this offer can be found here.

Stack with Citi’s other PayAll offers

As I mentioned at the start, the great thing about this flash sale is it can be stacked with Citi’s other ongoing PayAll offers. Here’s the two of note. 

Earn 2.5 mpd for all PayAll payments (+ S$50 for new customers)

From now till 31 August 2021, Citi cardholders will earn a flat 2.5 mpd on up to S$120,000 of Citi PayAll transactions with the following cards: 

Card	Earn Rate	Cost Per Mile @ 2%
Citi ULTIMA	1.6 mpd 2.5 mpd	1.25 cents 0.8 cents
Citi Prestige	1.3 mpd 2.5 mpd	1.54 cents 0.8 cents
Citi PremierMiles	1.2 mpd 2.5 mpd	1.67 cents 0.8 cents
Citi Rewards	0.4 mpd 2.5 mpd	5 cents 0.8 cents

The Citi app shows the regular earn rate of 1.2-1.6 mpd by default, but don’t worry, the bonus miles (the difference between 2.5 mpd and your card’s regular earn rate) will be credited by 9 November 2021. 

Furthermore, customers who have never made any Citi PayAll transaction prior to 1 May 2021 will get a one-off S$50 cashback when they make one transaction of any amount. 

The full T&C of this offer can be found here.

S$100 cashback for recurring payments

From now till 30 September 2021, Citi PayAll customers who schedule a recurring payment of at least S$500 per month for six consecutive months will receive S$100 cashback. 

The first charge date must fall within the promotion period, but the subsequent five can come after 30 September 2021 if you wish. To illustrate, consider the following payment schedule: 

In this example, you’re paying a S$20 fee on S$6,000 worth of payments- just 0.33%! Naturally, the larger your payment, the higher the effective fee, since the S$100 cashback is fixed. But if your monthly payment ranges from S$500 to S$833, then the miles are absolutely free. 

As a reminder, Citi PayAll supports the following recurring payments:

• Education expenses
• Insurance premiums
• Membership
• Misc. payments (e.g. parking, storage, utilities, wedding expenses)
• Rent

Eligible customers will receive S$100 in the form of a statement credit within 10 weeks of completing the third payment. 

The full T&C of this offer can be found here. 

Is it worth it?

Yes, very much so. 

If you’re making an income tax payment of S$10,000, for example, you’d pay a fee of S$200 (2%) and receive: 

• S$200 GrabFood vouchers
• 25,000 miles
• S$50 cashback, if this is your first-ever PayAll transaction

The GrabFood vouchers alone already cancel out the fee, which means you get 25,000 miles and S$50 in your pocket for nothing. It’s flat out the best way to pay off your income tax, or any other bill come to think of it. 

Remember, you’re not just buying KrisFlyer miles; Citibank points can be transferred to 11 different frequent flyer programs, including some with great sweet spots like Etihad Guest, British Airways Executive Club, and Turkish Miles&Smiles. Even the newly-revitalised Qatar Privilege Club might be a good bet.

💳 Citibank Transfer Partners
For a full list of transfer partners, refer to this article

Assuming you opt for plain vanilla KrisFlyer miles, here’s the range of value that you get when redeeming them:

When your miles are coming so cheap (or even free), it’s impossible to lose. 

Conclusion

With 2.5 mpd, S$100 cashback for recurring payments, S$50 for first-time customers and up to S$200 of GrabFood vouchers, Citi is putting some serious financial firepower behind PayAll. 

Citi PayAll supports a wide variety of payments, including tax, insurance, rent, education, electricity bills, MCST fees, renovation bills and more, so everyone should be able to find some kind of payment to put on the platform.