CITI Rewards Credit Card
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
Cashback Rate
- Reward System: Cardholder will get 5% cashback on any two packs of your choice
- Dining &
- Entertainment Category – BookMyShow &
- Zomato
- 
- Travel Category – MakeMyTrip &
- Uber
- 
- Grocery Category – Blinkit &
- Reliance Smart Bazaar
- 
- Electronics Category – Croma &
- Reliance Digital
- 
- Fashion Category – Nykaa &
- Myntra
3% cashback any one E-commerce merchant of your choice
- 
- Amazon or Flipkart or PayZapp
1% unlimited cashback across all other spends
- Cashback credit card
-  
- Reward System: Cardholders will get 5% cashback on any two packs of their choice
- 3% cashback on any one E-commerce merchant of your choice- Amazon or Flipkart or PayZapp
- 1% unlimited cashback across all other spends
Movie Benefits
Dining Benefits
Get up to 25% off on dining through Swiggy Dineout.
Other Benefits
Instant digital credit card. Annual fee reversal on spend of Rs 50,000 in any year.
Lounge Access
Fees & Charges
Joining Fee
INR 500 /- + Applicable Charges
Annual Fee
INR 500 /- + Applicable Charges
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
3.6% per month (i.e., 43.2% per annum)
Late Payment Fee
Late Payment Charges: Ranges from INR 100 to INR 1300.
Foreign Currency Transactions Fee
Foreign Currency Mark-up Fees: 3.5%
Other Fees
Cash Advance Charges: A transaction fee of 2.5% or ₹500 whichever is higher | Reward Redemption Fee: INR 99
Cons
Lower rewards rate: Compared to other cards, the 1 point per ₹1 reward rate is relatively low. Users might find better value in cards offering higher cashback or points on specific categories.
Points expire: Citi ThankYou® Points expire after 3 years if you don't have any card activity in the previous 12 months.
Limited transfer options: Unlike some other reward programs, users can't transfer Citi ThankYou® Points to airline or hotel loyalty programs.
High interest rates: The late payment and over-the-limit interest rates are high, making it crucial to pay user bills on time and avoid debt.
Foreign currency conversion fees: While transactions are fee-free, the card may apply a currency conversion fee when you redeem points for travel.
Welcome Bonus: Users will earn 2,000 bonus points after the first purchase within 30 days of card approval.
Rewards program: 1 RP INR 0.35. Users will earn 1 reward point for every Rs. 100 spent on all transactions. Cashback rate: 0.35%. 5 reward points per Rs. 100 spent on departmental stores, supermarkets, and fuel. Cashback rate: 1.75%. 3 reward points per Rs. 100 spent on dining and bill payments. Cashback rate: 1.05%.
No annual fee: No annual fee, making it a good option for low-spenders.
Wide range of redemption options: Users can redeem points for travel with partners like airlines and hotels, merchandise from various retailers, statement credits, and gift cards.
No foreign transaction markup: Fee-free transactions abroad, saving money on international purchases.
Additional benefits: Access to exclusive offers and discounts with partner brands, purchase protection and extended warranty on eligible purchases, and complimentary accidental death and dismemberment insurance.
Rewards & Benifits
Welcome Benefits
Customers can earn 2,000 bonus points after their first purchase within 30 days of card approval.
Rewards System
International Forex Markup
2.5%
Welcome Benefits and Reward System
Special Features
Reward System: Cardholder will get 5% cashback on any two packs of your choice
- Dining & Entertainment Category – BookMyShow & Zomato
- Travel Category – MakeMyTrip & Uber
- Grocery Category – Blinkit & Reliance Smart Bazaar
- Electronics Category – Croma & Reliance Digital
- Fashion Category – Nykaa & Myntra
3% cashback any one E-commerce merchant of your choice
- Amazon or Flipkart or PayZapp
1% unlimited cashback across all other spends.
Eligibility Criteria
You must be an Indian citizen.
You must be 21-60 years of age.
Your net monthly income must be greater than INR 25,000 if you are salaried, and your ITR must be greater than Rs. 6 lakhs per annum if you are self-employed.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Eligibility: Check if you meet the eligibility criteria, which typically include a minimum income and age requirement.
Apply online: Visit the HDFC Bank website or app and fill out the online application form.
Documents: Submit the required documents like PAN card, address proof, and income proof.
Verification: HDFC will verify your documents and creditworthiness.
Approval: Upon approval, you will receive your credit card within 7-10 working days.
Contact Details
1800 1600
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Welcome Bonus: Users will earn 2,000 bonus points after the first purchase within 30 days of card approval.
Rewards program: 1 RP INR 0.35. Users will earn 1 reward point for every Rs. 100 spent on all transactions. Cashback rate: 0.35%. 5 reward points per Rs. 100 spent on departmental stores, supermarkets, and fuel. Cashback rate: 1.75%. 3 reward points per Rs. 100 spent on dining and bill payments. Cashback rate: 1.05%.
No annual fee: No annual fee, making it a good option for low-spenders.
Wide range of redemption options: Users can redeem points for travel with partners like airlines and hotels, merchandise from various retailers, statement credits, and gift cards.
No foreign transaction markup: Fee-free transactions abroad, saving money on international purchases.
Additional benefits: Access to exclusive offers and discounts with partner brands, purchase protection and extended warranty on eligible purchases, and complimentary accidental death and dismemberment insurance.
Lower rewards rate: Compared to other cards, the 1 point per ₹1 reward rate is relatively low. Users might find better value in cards offering higher cashback or points on specific categories.
Points expire: Citi ThankYou® Points expire after 3 years if you don't have any card activity in the previous 12 months.
Limited transfer options: Unlike some other reward programs, users can't transfer Citi ThankYou® Points to airline or hotel loyalty programs.
High interest rates: The late payment and over-the-limit interest rates are high, making it crucial to pay user bills on time and avoid debt.
Foreign currency conversion fees: While transactions are fee-free, the card may apply a currency conversion fee when you redeem points for travel.
The Citibank Rewards Credit card is the best option if you're looking for a credit card with fantastic reward programs. Reward Points never expire and can be redeemed against a variety of categories in addition to interesting reward offers. You can use your points whenever you choose. You have even more reasons to choose this card because of its many welcome features, fuel surcharge waiver, spend-based monthly incentive, and waiver of the renewal fee. After considering all of its unique reward programs and money-saving features, it is clear that the Citi Reward Credit Card is a great option for anyone searching for a respectable credit card with intriguing rewards.
The Citibank Rewards Credit card is the best option if you're looking for a credit card with fantastic reward programs. Reward Points never expire and can be redeemed against a variety of categories in addition to interesting reward offers. You can use your points whenever you choose. You have even more reasons to choose this card because of its many welcome features, fuel surcharge waiver, spend-based monthly incentive, and waiver of the renewal fee. After considering all of its unique reward programs and money-saving features, it is clear that the Citi Reward Credit Card is a great option for anyone searching for a respectable credit card with intriguing rewards.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining Fees: INR 1000 + GST
Annual fee: INR1000, but it is waived if you spend Rs.30,000 or more in a membership year.
Interest Rate: 3.25% per month (39% per annum).
Late payment fees: Rs.500 or 5% of the outstanding balance, whichever is higher.
Cash advance fee: 2.5% of the amount withdrawn, with a minimum of Rs.500.
Foreign currency transaction fee: 2.5% of the amount charged.
Fuel Surcharge
1% waived off only at authorized IndianOil fuel stations, where you earn 1% fuel surcharge reversal in addition to the regular 5 reward points per Rs. 100 spent.
Billing Cycle
30 Days