Ikea Family Citi Credit Card

Ikea Family Citi Credit Card is a rewards credit card from Citi Bank. Users will get 3 reward points per ₹100 spent at Ikea.

Joining fee: Nil
Annual fee: Nil
Forex markup: 3.5%
Interest: 3.75% per month (i.e., 45.00% annualized)

More Citi cards

Welcome benefits

Customers can get cashback of ₹1000 in their card account on spending ₹6000 or more within 30 days of card issuance

Rewards & cashback

Users will get 3 reward points per ₹100 spent at Ikea
Value of 1 reward point: ₹0.20
Ikea cashback rate: 0.6%
Users will get 2 reward points per ₹100 spent on dining transactions
Dining cashback rate: 0.4%
Users will get 1 reward point on all other spends
General cashback rate: 0.2%
20% off at partner restaurants

Dining

Users can get 3 reward points per ₹100 spent at Ikea

More benefits & features

Users can convert their Ikea purchases into 48 months EMI @ 13% interest

Fees & charges

Joining fee: Nil
Annual fee: Nil
Foreign currency markup: 3.5%
Interest rate: 3.75% per month (i.e., 45.00% annualized)
Late payment: 0-1300 depending on the amount outstanding
Cash advance: 2.5% of the transacted amount or ₹500 (whichever is higher)
Fuel surcharge: 1% fuel surcharge, reversed incase of fuel purchase at Indian Oil petrol pump
Billing cycle: 30 Days
Other fees: 2.5% of the transacted amount or ₹500 (whichever is higher)

Pros and cons

What works well

Customers can get cashback of ₹1000 in their card account on spending ₹6000 or more within 30 days of card issuance
Users can get 3 reward points per ₹100 spent at Ikea
Value of 1 reward point: ₹0.20
Ikea cashback rate: 0.6%. 2 reward points per ₹100 spent on dining transactions
Dining cashback rate: 0.4%
Users can get 1 reward point on all other spendsa general cashback rate of 0.2%

Worth knowing

No free movie tickets
No free airport lounge visits

Who can apply

Need to be IKEA Family Member (Ikea's loyalty program)

How to apply

Offline
You can sign up in store at one of the IKEA Family digital screens
You will receive a digital card on registration so you can start to enjoy the benefits straight away
Your physical card will be sent to you within 4 weeks of registration Online
Online: You can apply for the card directly on the Citibank India website https://www.online.citibank.co.in/credit-card/rewards/citi-shoppers-stop-first-citizen-credit-card

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.