Citi Rewards Credit Card

The Citi Rewards Credit Card is designed to provide cardholders with attractive rewards across diverse categories. With a Rs. 1,000 joining fee, the card presents a fantastic welcome offer, allowing you to earn up to 2,500 bonus Reward Points. Gain 1 Reward Point for every Rs. 125 spent, and enjoy 10x Reward Points on apparel and departmental store purchases. Additionally, earn monthly bonus Reward Points by spending Rs. 30,000 or more.

These points are versatile, redeemable for fuel, AirMiles, cashback, and more. The card carries a modest annual fee of Rs. 1,000, which can be waived by spending Rs. 30,000 or more in the preceding year.

Key Highlights of Citi Rewards Credit Card

Unlock unparalleled benefits with the Citibank Rewards Credit Card.

  1. Welcome gift: Receive up to 2,500 Reward Points upon card activation.
  2. Earn 1 Reward Point for every Rs. 125 spent.
  3. Enjoy 10x Reward Points when shopping at apparel and departmental stores.
  4. Bonus Rewards: Get 300 bonus Reward Points by spending Rs. 30,000 or more monthly.
  5. Renewal Fee Waiver: Spend Rs. 30,000 or more in the previous year to waive off the card’s renewal fee.
  6. Fuel Savings: Benefit from a 1% fuel surcharge waiver on all fuel transactions.

Features and Benefits of Citi Rewards Credit Card

The Citibank Rewards Credit Card offers several features and benefits:

  1. New Credit Card Welcome: When issued, banks often greet new applicants with Bonus Reward Points, Vouchers, Discounts, and more.
  2. Reward Programs: All credit cards feature reward programs, enabling users to earn points with every transaction.
  3. Fuel Surcharge Waiver: Enjoy a fuel surcharge waiver by meeting a specified monthly spending threshold on fuel.
  4. Cashback Benefits: Numerous credit cards provide cashback on daily expenses, offering cardholders significant savings.
  5. Lifestyle Perks: Dive into a world of lifestyle benefits, including dining, shopping, wellness, and entertainment offers.
  6. Travel Rewards: Unlock travel perks like air miles, airport lounge access, travel insurance, and exclusive hotel and airline offers.
  7. Airport Lounge Access: Some cards offer complimentary airport lounge access, with variations among different banks.
  8. Add-on Cards: Extend benefits to family with add-on credit cards for immediate family members.
  9. Insurance Coverage: Premier cards offer comprehensive insurance coverage, protecting against accidents, loss, and more.
  10. Balance Transfer: Transfer outstanding balances to another bank’s credit card for lower interest rates and easier repayment.
  11. Global Acceptance: Most Indian-issued credit cards are international, accepted globally by various merchants.
  12. EMI Conversion: Convert credit card transactions into easy monthly instalments (EMIs) for greater flexibility.
  13. Credit Score Building: Owning a credit card aids in building a healthy credit score by making timely and full payments, improving credit history.

Citi Rewards Credit Card Fees and Charges

Explore the fee structure for the Citi Rewards Credit Card and discover the financial advantages that come with it.

1. Membership Fee:

  • Initial Fee: Rs. 1,000 + applicable taxes (complimentary for Citibank Suvidha account holders)
  • Renewal Fee: Rs. 1,000 + applicable taxes (complimentary for Citibank Suvidha account holders)

2. Spend-Based Renewal Waiver: Renewal fee waived on spending Rs. 30,000 or more in the previous year.
3. Rewards Redemption: No fee for rewards redemption.
4. Foreign Currency: 3.5% markup on all foreign currency transactions.
5. Interest Rates: Monthly Interest: 3.75% (45% per annum).
6. Fuel Surcharge: 1% surcharge waived at Indian Oil outlets for transactions over Rs. 10.
7. Cash Advance: Cash advance fee: 2.5% of the amount or Rs. 500 (whichever is higher).
8. Add-on Card: No fee for add-on cards.

Eligibility Criteria for Citi Rewards Credit Card

Here are essential criteria for applying for an Citi Rewards Credit Card:

  1. Age Requirement: Applicants must be at least 21 years old.
  2. Income Stability: A stable and reliable source of income is essential for eligibility.
  3. Creditworthiness: A decent credit score of 750 or above is required for successful application.

Documents Required for Citi Rewards Credit Card

To apply for the Citi Rewards Credit Card, you will typically need to provide the following documents:

  1. Choose one of these as identity proof: PAN card, Aadhaar card, driving license, or voter ID card.
  2. Select one document as address proof: passport, electricity bill, or driving license.
  3. Complete and sign the consent form.
  4. Provide one passport-sized colored photograph.

How to apply for Citi Rewards Credit Card

Follow these steps to apply for the Citi Rewards Credit Card online:

  1. Visit Citibank’s online website.
  2. Navigate to the right side of the screen and select ‘Apply Now.’
  3. Opt for the ‘Citi Rewards Credit Card’ from the available options.
  4. Click on ‘Apply Now’ once more to proceed.
  5. Prepare all necessary documents for the application.
  6. Fulfill all required formalities as specified on the website.

Frequently Asked Questions (FAQs)

1. What is the Citi Rewards Credit Card?

The Citi Rewards Credit Card is a credit card offered by Citibank that allows cardholders to earn reward points on their purchases. These points can be redeemed for a variety of rewards, including merchandise, gift cards, travel, and more.

2. How do I earn reward points with the Citi Rewards Credit Card?

You earn reward points by making eligible purchases with your Citi Rewards Credit Card. The number of points earned may vary based on the type of transaction and any ongoing promotions.

3. What can I redeem my reward points for?

Citi Rewards Credit Card points can be redeemed for a wide range of rewards, including travel bookings, merchandise, gift cards, cash back, and more. The redemption options may vary, and cardholders can explore the available choices through the Citibank rewards portal.

4. Is there an annual fee for the Citi Rewards Credit Card?

The annual fee structure can vary, and it is advisable to check the terms and conditions provided by Citibank for the most up-to-date information on fees associated with the Citi Rewards Credit Card.

5. How can I check my reward points balance?

Cardholders can check their reward points balance by logging into their Citibank online account. Additionally, some credit card statements may include a summary of the total reward points earned.

6. Are there any introductory offers for new Citi Rewards Credit Card applicants?

Citibank often provides introductory offers for new cardholders, such as bonus reward points, waived annual fees for the first year, or other promotional benefits. It’s recommended to check the latest offers on the official Citibank website or contact customer service for the most current information.

7. Can I transfer my reward points to another account or person?

In most cases, reward points are non-transferable and can only be redeemed by the primary cardholder. It’s essential to review the terms and conditions of the Citi Rewards Credit Card for specific details on point transfers.

8. How do I dispute a charge on my Citi Rewards Credit Card?

If you believe there is an unauthorized or incorrect charge on your card, you should contact Citibank’s customer service immediately to initiate a dispute resolution process. Be prepared to provide details of the transaction and any supporting documentation.

9. What benefits and protections come with the Citi Rewards Credit Card?

The Citi Rewards Credit Card may offer various benefits, including purchase protection, travel insurance, and other perks. Cardholders should review the card’s terms and conditions or contact Citibank directly to understand the specific benefits associated with their card.

10. How can I apply for a Citi Rewards Credit Card?
Interested individuals can apply for a Citi Rewards Credit Card by visiting the official Citibank website or contacting the bank’s customer service. The application process typically involves providing personal and financial information for credit evaluation.