- Fee and Charges of Citi Rewards credit card:
- Key Highlights of Citi Rewards credit card:
- Benefits of Citi Rewards credit card:
- Redeeming rewards on Citi Rewards credit card:
- Eligibility to Apply for Citi Rewards credit card:
- Required documents for Citi Rewards credit card:
- Comparison:
- Apply for Citi Rewards credit card:
- How to Generate Pin:
- Changing Credit card Pin:
- Contact Citi Rewards credit card:
- Conclusion:
- FAQs:
- Read More:
Citi Rewards credit card, let’s delve into the features and benefits that make this card a true gem in the realm of credit cards. Designed to elevate your rewards experience, the Citi Rewards Credit Card offers a plethora of enticing advantages that cater to the modern cardholder’s needs. Join us as we explore the world of rewards, privileges, and financial convenience that this card brings to the table.
Fee and Charges of Citi Rewards credit card:
| Type of charge | Amount |
| Joining Fee | ₹ 1000 |
| Annual Fee | ₹ 1000 |
| Annual Percentage Rate | 45% |
| Add-on Card Fee | Free |
| Minimum Repayment Amount | 5% |
| Cash Withdrawal Fee | 2.50% |
| Cash Advance Limit | 40% |
| Card Replacement Fee | Nil |
| Foreign Transaction Fee | 3.50% |
| Over Limit Penalty | 2.50% |
| Fuel Transaction Surcharge | 1% |
| Reward Point Value | ₹ 0.30 |
| Late payment charges | Balance below ₹2000 ₹ 0 Balance from ₹2000 to ₹7500 ₹ 600 Balance from ₹7500 to ₹15000 ₹ 950 Balance more than ₹15000 ₹ 1300 |
Key Highlights of Citi Rewards credit card:
| Card Type | Mid-level Credit Card |
| Best Suited | Shopping |
| Rewards | Receive 1 reward point when you spend 125. Additionally, you can earn 10 points for spending 125 in department stores. |
| Annual Fee | Nil |
| Joining Fee | ₹1000 + Applicable tax |
Benefits of Citi Rewards credit card:
Welcome Benefits
- When you use your card for the first time in the first 30 days after activation, you’ll receive 1,500 additional reward points.
- If you make a purchase worth Rs. 1,000 within 60 days after receiving your card, you will receive an extra 1,000 bonus reward points.
Milestone Benefits:
On a minimum monthly Citi Rewards Credit Card purchase of Rs. 30,000, you receive 300 bonus reward points.
Joining and Renewal Fee Waiver:
The yearly charge of Rs. 1,000 with the card is waived if you spend Rs. 30,000 or more.
Fuel Surcharge Waiver:
Get a 1% waiver on fuel surcharge at all authorized Indian Oil outlets on transactions above Rs. 10.
Rewards:
- For every 125 rupees you spend, you receive 1 reward point.
- For every 125 rupees spent in apparel and department stores, you receive 10 reward points.
- The additional 9x Reward Points earned on departmental and apparel stores are capped at 504 Reward Points per statement cycle, meaning that you earn the most Reward Points when you spend a minimum of Rs. 7,000. The incremental reward points under the 10x category are limited to 504 points per month.
- Fuel, purchases from educational institutions, purchases from government entities, insurance, toll payments, and utility expenditures are among the categories on which reward points are not received.
- Since these Reward Points never expire, they can be used whenever you like.
You can check more on Citi Rewards credit card official website.
Redeeming rewards on Citi Rewards credit card:
The following exchange rates apply to the Citi Rewards Credit Card’s reward points when used to purchase fuel at Indian Oil locations, merchandise, air miles/intermiles, and cashback:
| Redemption Category | Value of 1 RP | Minimum Points required for redemption |
| Fuel at Indian Oil outlets | Re. 0.25 | 250 |
| In-store shopping at partner brands/online shopping | Re. 0.30 | 250 |
| Online travel site | Re. 0.25 | 250 |
| Cashback | Re. 0.35 | 10,000 |
| AirMile/InterMiles | 0.75 InterMile | 100 |
Eligibility to Apply for Citi Rewards credit card:
The following table lists the requirements for receiving a Rewards credit card:
| Particular | Criteria |
| Age | Above 21 years |
| Income | Good source of Income |
| Credit Score | Decent credit score (750 or above) |
Required documents for Citi Rewards credit card:
The following documents are needed to apply for CitiBank’s Rewards credit card:
- Identity proof options include a passport, driver’s licence, voter ID card, PAN card, and Aadhar card.
- Address verification options include an Aadhar card, recent utility bills, a passport, etc.
- The most recent ITR that has been audited, or the most recent bank statements or pay stubs.
Comparison:
Citi Rewards credit card v/s Citi Cash Back credit card:
| Basis | Citi Rewards credit card | Citi Cash Back credit card |
| Fee | Joining Fee Rs. 1,000 plus applicable taxes (free for Citibank Suvidha account holders). Renewal Fee Rs. 1,000 plus applicable taxes (complimentary for Citibank Suvidha account holders) | Joining Fee Rs. 500 (plus applicable taxes) Renewal Fee Rs. 500 (plus applicable taxes) |
| Best Suited For | Shopping | Shopping |
| Reward Type | Reward Points | Reward Points |
| Welcome Benefits | Up to 2,500 Reward Points | N/A |
Citi Rewards credit card v/s IndianOil Citi credit card:
| Basis | Citi Rewards credit card | IndianOil Citi credit card |
| Fee | Joining Fee Rs. 1,000 plus applicable taxes (free for Citibank Suvidha account holders). Renewal Fee Rs. 1,000 plus applicable taxes (complimentary for Citibank Suvidha account holders) | Joining Fee Rs. 1,000 (plus applicable taxes) Renewal Fee Rs. 1,000 (plus applicable taxes) |
| Best Suited For | Shopping | Fuel |
| Reward Type | Reward Points | Reward Points |
| Welcome Benefits | Up to 2,500 Reward Points | Upon card activation, receive 250 Turbo Points |
Citi Rewards credit card v/s Citibank Prestige credit card:
| Basis | Citi Rewards credit card | Citi Cash Back credit card |
| Fee | Joining Fee Rs. 1,000 plus applicable taxes (free for Citibank Suvidha account holders). Renewal Fee Rs. 1,000 plus applicable taxes (complimentary for Citibank Suvidha account holders) | Joining Fee Rs. 20,000 (plus applicable taxes) Renewal Fee Rs. 20,000 (plus applicable taxes) |
| Best Suited For | Shopping | Travel |
| Reward Type | Reward Points | Reward Points |
| Welcome Benefits | Up to 2,500 Reward Points | 10,000 rupees in benefits from the Taj group or ITC hotels, plus 2,500 bonus points. |
Apply for Citi Rewards credit card:
- Visit the Citi Bank website in step 1.
- Step 2: Choose “Rewards Card” from the “Credit Cards” drop-down menu.
- Step 3: If you already have an account with Citi Bank, sign in to it and complete the credit card application. Click “No” when asked if you are not a Citi Bank customer and then adhere to the on-screen instructions to complete the application form on the Axis Bank website.
- Step 4:Submit the application.
- Step 5: Depending on whether you are an existing customer or not, Citi Bank or Axis Bank will process your application.
How to Generate Pin:
Through Internet Banking:
Internet Banking: Citibank users can generate a PIN for their new credit card using the internet banking service. To generate a new PIN for your Citibank credit card, the user must first register for internet banking. The instructions for generating the Citibank PIN are outlined below.
- Step 1: Access your Netbanking account by entering your username and password.
- Step 2: Select Credit Cards > “PIN Related”
- Step 3: Enter your ATM PIN.
- Step 4: You will then be directed to a page where you can change your credit card PIN.
Through ATM:
Citibank customers can generate PINs for their new credit cards using ATM services. Customers can use the ATM to generate a new PIN for their Citibank credit card. To generate a PIN through ATM, follow the steps outlined below.
- Step 1: Insert your credit card into the Citibank ATM and select your desired language.
- Step 2: Select “Create PIN Using OTP” from the drop-down menu.
- Step 3: A One Time Password will be sent to your registered mobile number.
- Step 4: Type in the One-Time Password.
- Step 5: Create a four-digit PIN for your Citibank credit card.
- Step 6: Re-enter the PIN and press the ‘Submit’ button.
Through IVRS (Interactive Voice Response System):
You can also use the IVRS service to generate the PIN for your new Citibank credit card. Some steps to generate a new PIN for your credit card are listed below.
- Step 1: Call the customer service hotline at 1860 210 2484/022 4955 2484.
- Step 2: Enter your credit card information and then select PIN services.
- Step 3: Select the “To self-select credit card PIN” option.
- Step 4: You will receive an OTP to your registered mobile number.
- Step 5: Create your new PIN.
Changing Credit card Pin:
You can update your Citibank credit card PIN by following the steps outlined below.
- Step 1: Insert your Citibank credit card into the ATM and pick your language preference.
- Step 2: Enter the PIN for your credit card.
- Step 3: Select the Change PIN option.
- Step 4: The One Time Password will be given to your registered mobile number.
- Step 5: Enter the supplied One Time Password.
- Step 6: Create a 4-digit PIN and enter it again to confirm.
- Step 7: Press the Submit button.
- Step 8: You will receive confirmation from the bank that your PIN has been changed.
Contact Citi Rewards credit card:
Via phone:
- +91 22 4955 2484
- 1800 267 2425
Via E-mail:
bizsuccess@citi.com
Conclusion:
A comprehensive rewards programme, a sizable sign-up bonus, a function that accelerates the earning of points, insurance coverage, and special privileges are just a few of the appealing features offered by the Citi Rewards Credit Card. To find out if this card meets your needs, you must consider your spending patterns, way of life, and financial objectives. The Citi Rewards Credit Card can be a great option for you if you’re looking for versatility, worthwhile rewards, and a comprehensive credit card experience.
FAQs:
Will Citi Rewards credit card charge advance card fee?
Yes, the Citibank Rewards credit card levies a 2.5% Cash Advance fee on the entire invoiced amount of each Cash Advance, with a minimum of Rs. 500.
What is the process of Citi Rewards?
For up to $6,000 in annual purchases at supermarkets and petrol stations, 2 ThankYou points are awarded for every $1 spent. All other purchases get one ThankYou point for every $1 spent. On every purchase, rewards are rounded to the nearest 10 points. For the first 100,000 points you redeem each year, you’ll receive 10% back in points.
Does Citi Rewards have a time limit?
As long as your accounts are active, points will not expire; however, some types of points, such as shared points that you transfer from one person to another, have a 90-day expiration date.
Can Citi Rewards points be exchanged for money?
When redeemed for cash back, ThankYou points are worth 5 cents each. One point can be applied towards statement credits to receive a $0.01 statement credit.
Is the Citi Rewards Card a Mastercard or a Visa?
Citi Rewards card is a mastercard. You can use the points on the card to redeem free flights, hotel stays, or merchandise. Use your points to pay for purchases at partner merchants.
How can I check my Citi Rewards points?
Send the text REWARDS XXXX to 52484* or sign in to Citibank Online to find out how many reward points are on your card. Your card’s last four digits are xxxx. For subscribers of Airtel, Aircel, Idea, or Vodafone, text REWARDS XXXX to 52484; for all other subscribers, text 919880752484.
Do Citi points have a cash value(Refundable)?
Your Citi credit card account will be credited with the purchase price. The related statement credit, however, will continue to be applied to your credit card account. As a result, the redeemed points won’t be credited back to your ThankYou accounts and will instead remain as a statement credit.
How can I avoid paying my annual Citibank fee?
Waiver of Annual Fees for Citibank Credit Cards
However, if you choose to do so, the hotline will direct you to confirm the charge waiver without having you contact with a customer care representative. Take these actions: Call 6225 5225. Press 1 > enter your NRIC > 1 (if your NRIC begins with a “S”) or 2 (if your NRIC begins with a “T”) > 2 > 4 > 1 > enter your OTP.
What is the credit card interest rate from Citibank?
Monthly 3.75%
From the transaction date until the day that all outstanding debt is paid in full, interest is applied. ii. With the exception of Citi Ultima & Corporate cards, the interest rate on the Card Member’s Citi credit card will be 3.75% per month (or 45.00% annualised).
Can I have more than one Citi card?
There is no credit card limit from Citi, however there is a cap on the number of cards you can apply for (and get approved for) in a given time frame. You are only permitted to apply for one Citi card each eight days for personal credit cards, and no more than two in a 65-day period.
Is one time password required to change the credit card PIN?
Yes, an OTP is necessary to generate or alter your credit card’s PIN as part of the verification process.
Read More:
I am a engineering student studying at Nimra college of engineering and technology(NCET)