As they say in the credit card business, ‘Cash is King’ and Citibank is vying for the crown by offering 30% cashback in this latest promotion. From 13 April till 21 June 2013 principal Citibank credit cardmembers who register interest in this promotion stand a chance to receive up to RM150 cashback a week when they spend a minimum of RM500 on their credit card AND make at least one transaction in each of these categories: Dining, petrol and groceries.

The 30% cashback however only applies to transactions made on groceries, petrol and dining categories. The maximum amount of cashback each Citibank credit cardmember is eligible to receive is RM150 per week. The total fund allocated for cashback is RM50,000 each week cycle on a first-come-first-serve basis. Each weekly cycle starts from Saturday and ends on Friday.

To register interest in this promotion principal credit cardholders are required to register either via SMS or online via the promotion page. Cardholders with multiple Citibank credit cards will have all their cards automatically tracked for purposes of tabulation when they register.

To wrap it up here’s a recap of how this promotion works:

1.      Register your Citibank credit card either online or via SMS

2.      Accumulate a minimum spend of RM500 a week which includes at least one transaction from the Petrol, Dining and Groceries category.

3.      Receive 30% cashback on transactions made on petrol, dining and grocery at the end of each weekly cycle.

For further clarification and information please refer to the Terms & Conditions page.