QUOTE(gerrardling @ Apr 22 2011, 10:03 AM)
NEW citiibank shell card launched
https://www.citibank.com.my/english/credit-...d.htm#promotionthe rebate is based on tier
1 300 - 999 4.0% 250
2 1000 - 2499 6.0% 500
3 Above 2500 8.0% 800
Citibank favorite to keep your rebates
QUOTE
(a) if the Rebate on Shell Fuel Spend earned by the Principal Cardholder meets the Minimum Rebate Amount for Redemption of RM20, the Rebate on Shell Fuel Spend will be automatically redeemed against the Principal Cardholder’s next Shell Fuel charges as reflected in his/her Co-Brand Gold Card statement of account in the following month after Citibank has processed all transactions during the preceding month; or
(b) if the Rebate on Shell Fuel Spend earned by the Principal Cardholder is below the Minimum Rebate Amount for Redemption of RM20, the Rebate on Shell Fuel Spend earned will not be redeemed into the account of the Principal Cardholder until the Rebate on Shell Fuel Spend is accumulated to at least the Minimum Rebate Amount for Redemption ;
Basically you have to spend retail to get your higher rebate on your fuel purchases.
RM250 x 4% = RM10 rebate per month
RM500 x 6% = RM30 rebate per month
RM800 x 8% = RM64 rebate per month
Basically, you should get the card based on the petrol pumped per pump at Shell....
Only at RM800 per month would you get RM64, more than other cash-back CC (RM50 for OCBC Titanium/Maybankard2 AMEX)
To qualify for Tier 1, you need to spend RM50 per month + RM250 Shell fuel to get RM10 back... which is
nett 3.33% Cash BackTo qualify for Tier 2, you need to spend RM500 per month + RM500 Shell fuel to get RM30 back... which is
nett 3.00% Cash BackTo qualify for Tier 3, you need to spend RM1700 per month + RM800 Shell fuel to get RM64 back... which is
nett 2.56% Cash BackOCBC Titanium Mastercard/Maybankard2 AMEX beats the crap of these offers with it's
solid 5% Cash BackThis post has been edited by ronnie: Apr 22 2011, 10:42 AM