CITI Prestige Credit Card

CITI Prestige Credit Card is a rewards credit card from Citi Bank. Users will be awarded a minimum of 1 reward point on every ₹100 spent on online and in-store purchases.

Joining fee: ₹20,000 + taxes
Forex markup: 3.4% of the transaction amount on all purchases made in a…
Interest: 3.75% (45% annualized)

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Welcome benefits

Customers get a welcome gift of 2,500 bonus points and benefits worth ₹10,000 from ITC/Taj

Rewards & cashback

Users will be awarded a minimum of 1 reward point on every ₹100 spent on online and in-store purchases
1 point = 1 INR
Effective cashback rate: 1%
Users can earn 5x ThankYou points on flights booked directly with airlines or on select car rentals booked through Citi
Special Cashback Rate: 5%

Airport lounge access

Complimentary unlimited Priority Pass lounge access at over 1300 airports for primary as well as supplementary card members

More benefits & features

4 complimentary golf rounds & golf lessons every year at over 15 leading golf clubs in India
Users will get complimentary fraud insurance of ₹10,00,000 with your Citi Prestige credit card

Fees & charges

Joining fee: ₹20,000 + taxes
Foreign currency markup: 3.4% of the transaction amount on all purchases made in a…
Interest rate: 3.75% (45% annualized)
Late payment: ₹100 minimum or 5% of the outstanding balance (whichever is higher) for payment delays exceeding 5 days
Cash advance: 2.5% of the withdrawn amount (minimum ₹300) when withdrawing cash using your card in India or abroad
Fuel surcharge: 1% fuel surcharge reversal at authorized IndianOil outlets
Billing cycle: 30 Days
Other fees: 3.75% (45% annualized)

Pros and cons

What works well

2,500 bonus points and benefits worth ₹10,000 from ITC/Taj
Users will be awarded a minimum of 1 reward point on every ₹100 spent on online and in-store purchases. 1 point = 1 INR
Effective cashback rate: 1%
Users can earn 5x ThankYou points on flights booked directly with airlines or on select car rentals booked through Citi
4 complimentary golf rounds & golf lessons every year at over 15 leading golf clubs in India
Users will get complimentary fraud insurance of ₹10,00,000 with your Citi Prestige credit card

Worth knowing

High annual fee: The $550 annual fee can be a significant drawback for some applicants
Credit score requirements: This card requires a good or excellent credit score for approval
Foreign transaction fees: A 3% foreign transaction fee applies to purchases made outside the US
Complex rewards program: Understanding the earning and redemption structure for ThankYou Points can be confusing
Benefits limitations: Some benefits, like the travel credit and airport transfers, have specific requirements and usage limitations

Who can apply

You must be at least 21 years old
You must have an Indian or multinational banks savings or current account in India
You must have a good credit score
You must have a personal annual income of at least ₹25,00,000

How to apply

Visit the Citibank India website: Find the CITI Prestige Credit Card and click "Apply Now."
Enter your basic information: Name, address, date of birth, contact details
Provide financial information: Income, employment, PAN number
Review and submit application: Carefully review all details before submitting
Document verification: Citibank may request document verification for income and address proof
Approval and card issuance: You'll receive a notification about your application status within a few days
If approved, your card will be mailed within a week

Details come from information published by Citi Bank and may change. Confirm current fees, benefits and eligibility with the bank before applying. Some links are partner links; MyRupaya may earn a commission at no extra cost to you.