Our Citibank promotions have recently move to a approval to a spend requirement (since the 15th of June). As such, there is a need for you to spend on your card for you to be eligible for the MoneySmart gifts. 


The definition of spend that is provided by Citibank is: 


Make 1 transaction as defined by “Qualifying Spend” within a 60 day period from the account being open.

  1. "Qualifying Spend " refers to any retail transactions (including internet purchases) which do not arise from (i) any Equal Payment Plan (EPP) purchases, (ii) refunded/disputed/unauthorised/fraudulent retail purchases, (iii) Quick Cash and other instalment loans, (iv) Citi PayLite/Citi Flexibill/cash advance/quasi-cash transactions/balance transfers/annual card membership fees/interest/goods and services taxes, (v) bill payments made using the Eligible Card as a source of funds, (vi) late payment fees and (vii) any other form of service/ miscellaneous fee.


Here is the layman definition: A qualifying spend is any retail transactions, except for : 

  1. Equal Payment Plans
  2. Any fraudulent transactions, transactions that are refunded
  3. Payment for instalments loans
  4. Quasi-cash transaction (for example, topping up an e-payment (eg. Grabpay) wallet)
  5. Bills, annual fee, late payment fees


Citibank has the ultimate say in what is considered a qualifying spend, MoneySmart does not have the power to overrule them. 

So here's our advice: Spend it on food! (McDonald's, KFC, etc) . That can't go wrong. 


We hope this helps!