Citibank payall

[lumpyme]

wonder if my calculation is correct
assuming 1 citi mile = 0.02c

if i made a payall to myself of $1000
i can get 1200 miles on premiermiles
3250 points on prestige card

$20 service fee for both cards


for premier miles card, i will get $24 worth of miles
for prestige card, 3250 / 2.5 * 0.02 = $26

assuming that i like miles and i don't mind the service fee
wouldn't this be a terrific deal? or is my calculation wrong

 

[Trazora]

Not sure what u mean by payall to yourself. Payall is to some bills only. And depending on what bills u paying, can also consider other options like cardup/ipaymy. https://milelion.com/2020/08/20/cit...premiums-invoice-payments-donations-and-more/

 

[fr33d0m]

You run the risk of Citi discovering that and losing relationship and removing all your points

 

[cassowary18]

It needs to be a legit bill. Otherwise no, there's nothing wrong with your calculations.

 

[lumpyme]

It needs to be a legit bill. Otherwise no, there's nothing wrong with your calculations.

go to payall, new payment, miscellaneous, utilities then next
it'll ask for recipient name, bank, account number

nothing that says i cannot pay myself

 

[someusername]

go to payall, new payment, miscellaneous, utilities then next
it'll ask for recipient name, bank, account number

nothing that says i cannot pay myself

https://www.citibank.com.sg/CAF/assets/doc/ace/GENERAL_POLICY_CONDITIONS.pdf

9. YOUR RESPONSIBILITY
9.1. When accessing and using the Service, you must comply with any prescribed verification
procedures, or other procedures, directions and instructions communicated by usto you. Further,
you hereby represent and warrant that you shall not, in connection with your use of the Service:
(a) use the Service other than exclusively for the types of Payments and Payees we allow;
(b) send money to yourself or recipients who have not provided you with goods or services
(unless expressly allowed by us);
(c) provide yourself or any other party a cash advance from your card (or help other parties
to do so);
(d) breach these terms;
(e) engage in any fraudulent, illegal or unlawful activity whether intentionally or
unintentionally, or breach any regulations, rules, notices, instructions or directives of any
regulatory body or authority, governmental agency or national or other securities
exchange;
(f) infringe our or any third party’s copyright, patent, trademark, trade secret or other
intellectual property rights;
(g) use the Service in a manner that we reasonably believe to be in breach of the relevant
card association or network rules; and/or
(h) use the Service to operate or engage in any business regulated by the Monetary Authority
of Singapore or any other relevant regulatory body. Such businesses include but are not
limited to money service or remittance businesses or virtual currency exchanges.
9.2 Where we determine that you have engaged in any Restricted Activities, or committed a breach
of these terms or any applicable laws or regulations, or if we suspect that you have engaged in
fraudulent or illegal activity in connection with the Service, we shall be entitled to take such action
as we may deem appropriate including the following: (a) terminating, suspending, or limiting your
access to your the Service (such as limiting your ability to submit Payments); (b) updating
inaccurate information you provided us; and/or (c) refusing to provide our Service to you in the
future. You agree to cooperate fully with any investigation that we conduct in connection with
the foregoing.
9.3 Where we have

 

[elvintay07]

https://www.citibank.com.sg/CAF/assets/doc/ace/GENERAL_POLICY_CONDITIONS.pdf

9. YOUR RESPONSIBILITY
9.1. When accessing and using the Service, you must comply with any prescribed verification
procedures, or other procedures, directions and instructions communicated by usto you. Further,
you hereby represent and warrant that you shall not, in connection with your use of the Service:
(a) use the Service other than exclusively for the types of Payments and Payees we allow;
(b) send money to yourself or recipients who have not provided you with goods or services
(unless expressly allowed by us);
(c) provide yourself or any other party a cash advance from your card (or help other parties
to do so);
(d) breach these terms;
(e) engage in any fraudulent, illegal or unlawful activity whether intentionally or
unintentionally, or breach any regulations, rules, notices, instructions or directives of any
regulatory body or authority, governmental agency or national or other securities
exchange;
(f) infringe our or any third party’s copyright, patent, trademark, trade secret or other
intellectual property rights;
(g) use the Service in a manner that we reasonably believe to be in breach of the relevant
card association or network rules; and/or
(h) use the Service to operate or engage in any business regulated by the Monetary Authority
of Singapore or any other relevant regulatory body. Such businesses include but are not
limited to money service or remittance businesses or virtual currency exchanges.
9.2 Where we determine that you have engaged in any Restricted Activities, or committed a breach
of these terms or any applicable laws or regulations, or if we suspect that you have engaged in
fraudulent or illegal activity in connection with the Service, we shall be entitled to take such action
as we may deem appropriate including the following: (a) terminating, suspending, or limiting your
access to your the Service (such as limiting your ability to submit Payments); (b) updating
inaccurate information you provided us; and/or (c) refusing to provide our Service to you in the
future. You agree to cooperate fully with any investigation that we conduct in connection with
the foregoing.
9.3 Where we have

Can open a consultancy company and offer consultancy services to yourself and your wife?

 

[IceShelterX]

wonder if my calculation is correct
assuming 1 citi mile = 0.02c

if i made a payall to myself of $1000
i can get 1200 miles on premiermiles
3250 points on prestige card

$20 service fee for both cards


for premier miles card, i will get $24 worth of miles
for prestige card, 3250 / 2.5 * 0.02 = $26

assuming that i like miles and i don't mind the service fee
wouldn't this be a terrific deal? or is my calculation wrong

Bruh...

its not worth to exploit this, you end up with losing more than earn. Might get into legal case if serious and got jailed unless you are FT.
why not just legitly pay all your bill with citi pay all if you looking to buy miles.

 

[tera85]

Hello all, possible to advise for Citi Payall, I will need to use the service to "pay" the bill, rather than have the bill charged to the card which I would like to pay with, is that right?
[Edit: Means i cannot use standing giro arrangement? And have to wait for the bill to be due, then i can pay using the service.]

 

[Trazora]

Hello all, possible to advise for Citi Payall, I will need to use the service to "pay" the bill, rather than have the bill charged to the card which I would like to pay with, is that right?
[Edit: Means i cannot use standing giro arrangement? And have to wait for the bill to be due, then i can pay using the service.]

can just pay without bill

 

[tera85]

can just pay without bill

Thanks for the answer! I was more concerned about the standing giro portion (being inherently lazy) as i normally setup standing arrangment for my annual bills to be charged to the credit card.

In order to use Citi PayAll (and thus, gain the miles/rewards), the bill that i am paying cannot be charged to the card yes? I have to use the App to pay using Citi PayAll to pay the bill instead correct?

 

[hwmook]

Thanks for the answer! I was more concerned about the standing giro portion (being inherently lazy) as i normally setup standing arrangment for my annual bills to be charged to the credit card.

In order to use Citi PayAll (and thus, gain the miles/rewards), the bill that i am paying cannot be charged to the card yes? I have to use the App to pay using Citi PayAll to pay the bill instead correct?

Citibank doesn't care whether your bill is charged. If you pay using Payall and the bill is still charged then you have just made double payment. Just cancel the bill payment charged to card and pay using citibank payall to get the rewards.

 

[hclee01]

https://mainlymiles.com/2023/02/17/citi-payall-now-offers-zero-fee-option-with-no-miles-earned/
Citi PayAll is now offering the option to make fee-free payments with no miles accrued, which won't help with your next redemption but could be useful for deferring large expenses at no additional cost.

 

[WoShiPro]

https://mainlymiles.com/2023/02/17/citi-payall-now-offers-zero-fee-option-with-no-miles-earned/
Citi PayAll is now offering the option to make fee-free payments with no miles accrued, which won't help with your next redemption but could be useful for deferring large expenses at no additional cost.

Sort of like short term 50+ days interest free loan. Cash also generate some interest in your savings account.

 

[tinky123]

Sort of like short term 50+ days interest free loan. Cash also generate some interest in your savings account.

so for this, can "pay" ownself and then put in account like ocbc360 to get additional interest before putting cash back to pay the citipayall

 

[wira]

so for this, can "pay" ownself and then put in account like ocbc360 to get additional interest before putting cash back to pay the citipayall

is it worth it to do this and violate citi's t&c for a few bucks of interest ?

 

[plustwo]

is it worth it to do this and violate citi's t&c for a few bucks of interest ?

depends on how big a customer you are

 

[revhappy]

Hi All, Milelion has done an article in which he mention the T&C exclusively says

https://milelion.com/2023/02/23/sur...-for-prestige-limo-rides-and-sign-up-bonuses/
https://www.citibank.com.sg/credit-...ibank-payall-service-terms-and-conditions.pdf

(b) send money to yourself or recipients who have not provided you with goods or services (unless expressly allowed by us);

(c) provide yourself or any other party a cash advance from your card (or help other parties to do so);

So using this for cash advance goes directly against what they have stated. Hence this is more risky method compared to using Grab to send back to bank.

I will use this to pay my rent, since that is explicitly allowed. But my daughter's school fees is via Giro from my account. I dont think I can use it PayAll for this right?

 

[Lucky_Farmer]

Hi All, Milelion has done an article in which he mention the T&C exclusively says

https://milelion.com/2023/02/23/sur...-for-prestige-limo-rides-and-sign-up-bonuses/
https://www.citibank.com.sg/credit-...ibank-payall-service-terms-and-conditions.pdf




So using this for cash advance goes directly against what they have stated. Hence this is more risky method compared to using Grab to send back to bank.

I will use this to pay my rent, since that is explicitly allowed. But my daughter's school fees is via Giro from my account. I dont think I can use it PayAll for this right?

I have used citi payall ti pay for my kids’ school fees without any issues.

 

[revhappy]

I have used citi payall ti pay for my kids’ school fees without any issues.

But how? Do you transfer to the school's bank account? My daughter's school does GIRO pull from my bank account.