For "Redeem Anything, Anywhere." => 250 points = RM1.

For "Instant Reward." => 240 points = RM1.

i'm confused. 

Actually...

I) "Instant Reward." => 240 points = RM1
When u to purchase goods from selected shop either to make full payment with your points or points+cash (using credit card)
HOW: https://www.citibank.com.my/instantrewards/how.htm
FAQ: https://www.citibank.com.my/instantrewards/faq.htm

II) For Redemptions made under “Redeem Anything, Anywhere”=> 250 points = RM1
Must with the minimum amount is RM200 per transaction is applicable ONLY to the Principal Citibank Platinum or Rewards Platinum Credit Card holder
To make a redemption under the Redeem Anything, Anywhere, you must call into the CitiPhone Banking at 03-2383 0000 to request for Such Redemption
T&Cs...
For any successful redemption under the Redeem Anything, Anywhere,
a) Eligible Cardholders who make a retail or petrol purchase in Malaysia, abroad or via the internet ("Transaction") with a minimum transaction amount of RM200 (or equivalent to RM200 upon conversion into Ringgit Malaysia for purchases in foreign currency) using their Citibank Platinum or Rewards Platinum Credit Card

b) Partial redemptions are allowed subject to the partial transaction amount meeting the minimum transaction amount of RM200; and

c) A Rewards Redemption under the Service is only applicable to those Transactions appearing in the Eligible Cardholder’s credit card statements within the last twelve (12) months of the redemption request.

For successful Rewards Redemptions the relevant Transaction amount redeemed(in Ringgit Malaysia and calculated at the conversion rate of 250 Rewards Points for every RM1.00 redeemed) with Cancellations are not allowed once you have made a request for redemption....