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Rewards Card 2020

Rewards Card Fee and Charges

Last Updated 11th Aug 2020
Joining fees₹ 1,000
First Year Annual Fees ₹ 1,000
Renewal Fees from 2nd Year Nil
Interest Rate/ Finance Charges per month3.25%
Brand Partner N/A
Late Payment Charges ₹ 950

Rewards Card Features

  • Reward points are evergreen and will never expire
  • Reward points can be redeemed against shopping at selected outlets, gift voucher, fuel, air miles and card outstanding
  • Get 1,500 bonus points on first spend made within 30 days of card issue
  • Get 2,500 points on Card activation
  • Up to 15% savings across participating restaurants

Rewards Card Benefits

  • Earn 10 Reward Points for every Rs. 125 spent at apparel and department stores
  • For every Rs. 125 spent on all other purchases, earn 1 reward point
  • Get 300 bonus points on card spends of INR 30,000 or more in a month.
  • On 3 additional cards, earn 500 bonus points

Rewards Card Eligibility

An applicant needs to meet the following criteria to get Rewards Card from Citibank:

  • CIBIL: Citibank require a minimum CIBIL score of 700 for issuing its Rewards Card.
  • Occupation: Citibank offers this credit card to both, salaried and self employed professionals and businessman with regular source of income.
Eligibility ParametersCriteria
CIBIL Score700 and above
OccupationSalaried and Self Employed

More about Shopping Card

  • Get smart with your spends
  • Shopping card offers attractive cash back or reward points, every time you spend a certain amount on pre-specified categories on the card.
  • Easy to pay on your online shopping deals.
  • Saves time and effort of paying in cash.
  • Allows conversion of your shopping bills into convenient monthly payments (EMIs).
  • Earn Discount/Cash back or rewards points offers on pre-specified categories of spend or shopping outlets including dining, departmental stores, grocery and international spends.

More about Cashback Card

  • Smarter way to spend and save
  • Cashback card offers a certain percentage of the shopping value back, every time you spend on pre-specified categories on the card. You can enjoy typically a cash-back/discount of 2.5% to 5% which can even go as high as 25% on some categories such as movie tickets or others as specified. Make online payment with the card and enjoy the cashback.
  • Direct and immediate discount/cash-back available on your shopping value.
  • Allows conversion of your shopping bills into convenient monthly payments (EMIs).
  • Hassle free and automatic redemption of the cash back/discount.
  • Special discount offers on bills payment, travel, movies.
  • You can choose a card that provides higher discount on categories where you are likely to spend the most such as fuel, dining, movies, travel etc.

FAQs

What charges I need to pay as joining fee for Rewards Card of Citibank?

Joining fee charged on Citibank Rewards Card is ₹ 1,000.

What is the annual fee for Rewards Card ?

Annual fee charged on Rewards Card is ₹ 1,000.

Can I waive off my annual fee on Rewards Card ?

Yes, you can spend Rs. 30,000 or more in a year on your card and get your annual fee waived off. on your Rewards Card annual fee.

Is there any late payment charge on Rewards Card ?

No, Citibank does not charge any late payment fee on your Rewards Card.

What is the second year renewal fee on Rewards Card ?

Citibank charges a second year renewal fee of NIL on your Rewards Card

What is the interest charge per month on Rewards Card ?

Citibank charges an interest of 3.25% per month on Rewards Card.


Citibank Credit Card News - Aug 2020
  • 2019-05-15 : PayTm announces the launch of cash-back driven credit card with Citibank
    In a bid to grow a strong credit customer base, digital wallet company PayTm has joined hands with Citibank to launch a cash-back driven card, PayTm First Card. The newly launched credit card will unlimited cashback of up to 1% every month. The card will be accepted internationally and is contactless-enabled.
  • 2019-05-10 : Citibank offers attractive offers on fuel credit card
    Citibank’s Indian Oil Platinum Credit Card offers attractive points and rewards on its fuel credit card. The bank offers 4 turbo points on the purchase of Rs. 150 at authorised Indian Oil outlets, 2 turbo points at groceries and supermarkets and 1 turbo point for shopping and dining. These turbo points can be redeemed at over any authorised Indian Oil petrol pumps across the country.
  • 2019-04-17 : Citibank announces the launch of a new safety feature for credit cardholders
    In a bid to make its online transactions safer, Citibank has introduced the launch of a new safety feature, ‘Quick Lock’ feature on its credit cards wherein the credit cardholders can ‘Switch on/off’ the transactions on their cards. Using this facility, the credit card holders will be able to block unauthorised transactions without taking the help of Citibank credit card customer care.
  • 2019-02-08 : Citibank announces the launch of a new co-branded credit card with Indian Oil
    Citibank has announced a launch of its new credit card by joining hands with Indian Oil. Using this card, according to the bank, a customer may earn up to 71 litres of free fuel in a year. Not only this, but credit card holder will also get some additional cash back and reward points using this card at all authorised Indian Oil outlets.
  • 2019-02-04 : Citibank revises charges on credit card, effective from February 27, 2019
    Citibank has announced the revision in their credit card charges. The late payment charges and its calculation methodology applicable on Citi credit card are being revised. The change will be effective from February 27, 2019. The revised late payment charges will be applicable for Rewards, Cashback, IOC and First Citizen credit cards.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
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