Citibank Taiwan unveils credit card with higher cashback

It offers up to 3% cash back for new customers.

Citibank Taiwan is aiming to lure consumers through its new credit card that offers up to 3% cashback for new customers, reports Taipei Times.

Also read: Credit card spending in Taiwan hits $47.05b in H1 2018

Building on the popularity of cashbacks, the Citi Cash Back Plus Card claims to offer higher rebates for everday spending categories, lifelong reward points and no minimum spending requirements. 

New cardholders can earn $0.097 (NT$3) in cash rebates for every $3.24 (NT$100) spend at restaurants, supermarkets and gas stations, Citibank Taiwan senior vice president Walkings Lee said.

Cardholders can also redeem cash rewards when paying their monthly bills, exchange them to pay for parking at a better rate and earn cash when autoloading their Easycards.