Revamped: Citi M1 Card Gives 3% to 5% Cashback on M1 and Entertainment Spends

Citi M1 card has seen a revamp recently and it now has use cases outside of just paying one’s M1 bills. Not only does the new card give 3% cashback on M1 bills and spending at M1 shops, it can also give as much as 5% on Entertainment expenses.

To mark the revamp, the card also features a redesigned card face.

Summary of Changes

Categories	Old Card Benefits (Before 24th October 2024)	Current Card Benefits (From 24th October 2024)
Entertainment	No Bonus Citi M1 Rebate	4.7% Bonus Citi M1 Rebate on eligible Entertainment spend Capped at S$60 Bonus Citi M1 Rebate per statement month
M1 Telco Bill (Recurring)	Up to 9.7% Bonus Citi M1 Rebate on M1 Recurring Charges depending on total retail spend: S$0 to S$300/month in total spend 0.2% Bonus Citi M1 Rebate S$300 to S$600/month in total spend 2.7% Bonus Citi M1 Rebate Minimum S$600 in total spend 9.7% Bonus Citi M1 Rebate Capped on the first S$300 worth of M1 Recurring Charges	2.7% Bonus Citi M1 Rebate on M1 Recurring Charges Capped on the first S$300 worth of M1 Telco Bill Charges
M1 Telco Bill (MAXX)	No Bonus Citi M1 Rebate	2.7% Bonus Citi M1 Rebate on M1 Maxx Charges Capped on the first S$300 worth of M1 Telco Bill Charges
M1 Shop Spends	0.7% Bonus Citi M1 Rebate on in-store purchases at M1 Shops	2.7% Bonus Citi M1 Rebate on in-store purchases at M1 Shops
Base Earn Rate	0.3% Citi M1 Rebate	0.3% Citi M1 Rebate

5% cashback on Entertainment transactions with no minimum spend

One big change is that Citi M1 will now offer 5% cashback on Merchant Category Codes (MCC) that are deemed Entertainment by the bank. The MCCs include:

MCC	Description
4899	Cable, Satellite, and Other Pay Television and Radio Services
5815	Digital Goods: Books, Movies
7829	Motion Picture and Video Tape Production and Distribution
7832	Motion Picture Theatres
7922	Theatrical Producers (Except Motion Pictures), Ticket Agencies

There is no minimum spend required, making this card very easy to use for those who are spending in the above categories. These categories cover some usual use cases – 4899, for instance, includes things like Netflix and Disney+. Those who want to buy concert tickets will also find 7922 useful since it covers Sistic and Ticketmaster.

The cashback is made up of 0.3% base cashback plus 4.7% bonus cashback. Because there is a cap of S$60 on the bonus cashback awarded per month, you should not put more than S$1,276.59 of Entertainment spend on this card to get an optimal 5% earn rate.

3% cashback on M1 spends

As the card’s name suggests, the card will also give cashback on M1 spends. It now gives 3% on M1 and M1 Maxx bills up to S$300 per month or S$9 of cashback. While the card previously gave a higher cashback rate of 10% (but effectively 5% due to sub-limits) on M1 bills, it is now a lot easier to use without any minimum spend required.

The card also gives 3% of cashback on in-store M1 shop transactions without a cashback limit. This could be useful for those making big-ticket purchases at M1 shops.

While Citi M1 is a pretty straightforward card without any minimum spend to hit, 3% isn’t a terribly good earn rate. You could be better off getting one of these other cards for telco expenses.

Niche cards are niche

Without pesky things like minimum spends or other onerous requirements, there really isn’t much to gripe about the Citi M1 card. Then again, there isn’t a whole lot to love about it either.

Such cards with very specific MCCs have relatively niche use cases – if you want to buy some S$1,200 of concert tickets or S$2,000 worth of stuff from M1 shops, you might find it difficult to get decent rewards for it especially if you’re not a miles person.

Otherwise, there really isn’t much to really like about this card. It’s yet another option to be had if the situation ever arises, and if you don’t like this card there are always plenty of others to pick from.

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Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.

He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.

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