SINGAPORE

Citibank Singapore announced today that it has launched its' first global credit card - Citi Prestige Card exclusively targeted at the affluent segment. Singapore and Malaysia are the first two markets in the world to launch the new card.

Singapore customers will be able to apply for the card today, via Citibank Online, CitiPhone and branches.

This new card is the first global credit card offering from Citi and uses the bank's unique global footprint and relationships to deliver a world of experiences to cardmembers at home or wherever they travel.

Citi Prestige cardmembers around the world have one single point of contact and peace of mind that their relationship will be recognized in thousands of Citibank branches worldwide.

Cardmembers also have access to a team of experts who are fluent in 20 languages and available 24/7.

The Citi Prestige Card is also the first card that rewards customers based on their banking and credit card relationship with Citi.

The depth and tenure of relationship with Citi and yearly retail spend by the customer will contribute to the Relationship Bonus points, which the customer can earn on top of his or her normal reward points.

The Prestige Card, which is on the MasterCard World Elite platform, enables customers to redeem anything they want, from reward points to air miles depending on their preferences.

The Global Prestige Card will be offered to customers with a minimum annual income of S$120,000.

The Citi Prestige Card is the latest part of Citibank's strategy to serve clients along the wealth continuum and to strengthen our offering to clients in every segment, giving them a customized proposition as they grow in wealth and in the sophistication of their financial, credit management and lifestyle needs.