8 Sep - 4 min read
Citi Bank is about to kick off its monthly CitiCyberSale event for September 2021 soon, and one of the promotions worth tapping into this time round is the special One-Day Deals for e-wallet top-ups. Taking place between 16 to 18 September 2021, Citi’s credit and debit cardholders will be able to earn generous cashback and points when they reload the required minimum amount into participating e-wallets on a specific day.
Featuring three e-wallets in total – Boost, Touch ‘n Go (TNG) eWallet, and GrabPay – the conditions of each offer are as follows:
Date: 16 September 2021
Citi credit and debit cardholders who top up a minimum of RM300 into Boost in a single transaction on this day will earn themselves a reward of 1,000 Boost Coins. However, there are only 650 units of this reward, offered on a first-come first-served basis, so you’ll have to be quick if you want to win it.
Each customer is only entitled to one redemption, and if you do get it, the bonus Boost Coins will be added into your BoostUP account by 25 September 2021.
Based on the standard redemption rate for Boost Coins (1 Coin = RM0.0625), the potential returns you can get from this deal is equivalent to 2.08%.
Date: 17 September 2021
Perform a reload of RM500 or more into your TNG eWallet in one transaction using any Citi credit or debit cards, and you will get a cashback reward of RM25. Note that all cardholders are limited to one cashback redemption per card, with the reward being offered on a first-come first-served basis.
Citi has allocated a total of RM50,000 for this particular deal, and the cashback won will be credited into your TNG eWallet account within 10 working days from the qualifying transaction date.
As for potential returns, this is a straightforward cashback deal – the RM25 cashback is equivalent to 5% returns.
Date: 9 – 18 September 2021
Unlike Boost and TNG eWallet, GrabPay has two e-wallet reload deals that you can tap into, namely a long nine-day promo that takes place between 9-17 September 2021, and a special one-day offer on 18 September only. Take note that GrabPay’s promotions are only available to selected Grab users who have saved their Citi credit card details in their Grab app.
Under the nine-day promo (9-17 September), eligible credit cardholders will be entitled to win 1,500 GrabRewards Points when they top up a minimum of RM250 into their GrabPay e-wallet. This reward is limited only to the first 870 users.
Meanwhile, the special one-day offer (18 September only) will allow you to earn 4,000 GrabRewards Points for the minimum reload of RM400 into your GrabPay e-wallet. This is capped at the first 1,000 users.
In both cases, the rewards will be provided on a first-come first-served basis, and the Points will be automatically awarded to your Grab account within 5 working days from the date of the successful transaction. Additionally, the Points earned from this campaign will not contribute towards tier upgrades.
As for potential returns, the nine-day promo offers up to 6.24% returns while the one-day offer is much more attractive at 10.4% based on our calculations (best-case assumption – Premium tier & redemptions using Pointsback campaigns),making these offers the best value of the three e-wallet top-ups. Not to forget, the Citi Cash Back Mastercard and Citi Cash Back Platinum Mastercard offers 10% cashback for Grab reloads as well, potentially allowing you to double dip just by performing these reloads.
Given that there’s still some time before these deals kick off, remember to mark them into your calendars and set up a reminder so that you don’t forget!
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