Citi Corporate Card: Perfect card for business use!
Your business needs will be easily met with this card
The best option for you who are looking for payment solutions in the commercial environment is the Citi Corporate Card. Depending on your business needs, you can choose a card that best fits your situation. You are also entitled to insurance purely as a courtesy of the card, and get the chance to win various prizes as you use the Citi Corporate Card.
Get to know the Citi Corporate Card
If you want to use a card for business and don’t know where to find one, the Citi Corporate Card provides the best benefits for you and your company to enjoy the best financially without worrying about any losses, having its recognition globally among other cards.
A number of qualities will be highlighted in this article to assure you of the comfortability that the Citi Corporate Card can provide you.
Citi Corporate Card Benefits
If you have a lot of costs accumulated in different parts of your business and you can’t organize yourself for an alternate payment of these expenses, the Citi Corporate Card offers you the facility to identify all your outstanding debts and make a single payment, liquidating any expenses that were bothering your business financially. This service is extremely effective for those of you who are looking for better financial management of your business, and it contributes greatly to your economy by generating more profit in the future.
With the Citi Corporate Card, you have improved control over your debts, since you can as freely as possible choose between Single Liability, Liability-type Corporate Cards, or Joint and Several Liability for your company. The different methods of liability adapt to what your company needs.
A good point to highlight is that it is possible for employees to apply for the Corporate Personal Liability Cards, and with this resource they can better organize their personal or business expenses.
Complimentary Insurance
Besides the benefits that contribute greatly to your company’s financial management, there are several other add-ons that make the Citi Corporate Card more attractive in benefits for those who apply for it, and one of them is the Complimentary Insurance.
One of the insurances offered by Citi Corporate Card is the complimentary Travel Accident Insurance, which can be up to S$1,000,000 according to each member’s car. The supplementary fee will be charged directly to the Citi Corporate Card.
Another of the benefits that the Citi Corporate Card provides is the no-fee included corporate liability waiver insurance up to S$25,000 for each cardmember and S$1,650,000 to protect against any suspicious attempts on the card by your employees (this amount is set per company).
Awards
Depending on the type of use and service applied to your Citi Corporate Card, you are offered several rewards in return so that you can get better use out of your card and not just spend as you use it.
Using the One Corporate Social Responsibility you are able to earn about 0.3% cash back on your business spending per year, once all your business expenses are all included on the card.
With Joint Liability you get a cash back of 0.3% of the company’s yearly costs or by using the Citi ThankYou Point system, where if you spend S$1 you get 1 Citi ThankYou Point and also up to the 10% percentage of participating merchants.
The Liability and Personal Liability always has its return according to a purchase made in the Citi ThankYou Point system as well. Therefore, S$1 is equivalent to 1 Citi ThankYou Point, these points can be used with gain in cash rebate and also various other possible benefits.
In addition to all these benefits, Citi ThankYou can also be used for Passenger Programs that are constantly selected, charging a fee of 5 Citi ThankYou Point for 2 Miles.
Worldwide recognition
The Citi Corporate Card has huge recognition around the world, with more than 33 million units worldwide. So you don’t have to worry about distance if you find it impossible to pay any of your business debts abroad, because you can easily handle anything from travel to entertainment.
How do I apply for the Citi Corporate Card?
Applying for the Citi Corporate Card is simple. We have listed below the step-by-step instructions on how to apply for the credit card:
- Visit the Citibank website
- Click on “Credit Cards” and after that on the “Business” option
- There, you will find the Citi Corporate Card, where you will click on “Apply Now”.
- Finally, a form will appear for you to fill in your and your company’s details, once you have filled and submitted these details, one of the service staff will contact you within 3 working days.
What are the criteria for me to get a Citi Corporate Card?
If you are interested in getting a Citi Corporate Card, it is necessary to pay attention to some details to make sure that you can apply for this card. So make sure you match the following characteristics:
- It has a net worth of at least S$50,000, a figure usually operated by start-up companies and may change according to the age of the company.
- The employee must be over 21 years old.
- The minimum income amount per year should be up to S$30,000, this is related to Single and Multiple Liability and finally Joint and Several Liability. This is for both the Singapore/PR originating client and the overseas client.
- Regarding the member’s minimum income per year for Liability and Personal Liability, the figure is S$30,000 for people born in Singapore/PR and S$42,000 for people from abroad.
- To benefit from all the services of this card it is necessary to pay a fee of S$150 per year for each card (except for the GST).
Conclusion
If you live in Singapore and want to improve your corporate organization and still get reward benefits with every purchase you make regarding your company, the Citi Corporate Card is perfect for you.
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