Ikea Family CITI Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
Ikea Family CITI Credit Card
Bank Name :
CITI Bank
Type :
Rewards Credit Card
Interest Rate :
Interest Rate: 3.75% per month (i.e., 45.00% annualized)
Eligibility :
Need to be IKEA Family Member (Ikea's loyalty program).
Pros
Welcome Benefits: Customers can get cashback of INR 1000 in their card account on spending Rs. 6000 or more within 30 days of card issuance.
Reward System: Get 3 reward points per INR 100 spent at Ikea. Value of 1 reward point: INR 0.20. Ikea cashback rate: 0.6%. Get 2 reward points per INR 100 spent on dining transactions. Dining cashback rate: 0.4%. Get 1 reward point on all other spends—a general cashback rate of 0.2%.
Other Benefits: 20% off at partner restaurants.
Convert your ikea purchases into 48 months EMI @ 13 percent interest.
Cons
No free movie tickets.
No free airport lounge visits.
Pros & Cons
Welcome Benefits
Customers can get cashback of INR 1000 in their card account on spending Rs. 6000 or more within 30 days of card issuance.
Rewards System
Reward System: Get 3 reward points per INR 100 spent at Ikea. Value of 1 reward point: INR 0.20. Ikea cashback rate: 0.6%. Get 2 reward points per INR 100 spent on dining transactions. Dining cashback rate: 0.4%. Get 1 reward point on all other spends. General cashback rate: 0.2%.
International Forex Markup
3.5%
Welcome Benefits and Reward System
Special Features
None.
Eligibility Criteria
Need to be IKEA Family Member (Ikea's loyalty program).
Benefits
Cashback.
Fuel surcharge waiver.
Dining discount.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
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.
Contact Details
1860 210 2484
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Welcome Benefits: Customers can get cashback of INR 1000 in their card account on spending Rs. 6000 or more within 30 days of card issuance.
Reward System: Get 3 reward points per INR 100 spent at Ikea. Value of 1 reward point: INR 0.20. Ikea cashback rate: 0.6%. Get 2 reward points per INR 100 spent on dining transactions. Dining cashback rate: 0.4%. Get 1 reward point on all other spends—a general cashback rate of 0.2%.
Other Benefits: 20% off at partner restaurants.
Convert your ikea purchases into 48 months EMI @ 13 percent interest.
No free movie tickets.
No free airport lounge visits.
IKEA Family Credit Card Citibank
The Ikea credit card comes with a low cashback rate, it does not offer any welcome benefit currently. It offers limited value add benefits. Overall the card has limited appeal.
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: 0
Annual Fees: 0
Interest Rate: 3.75% per month (i.e., 45.00% annualized)
Cash Advance Charges: 2.5% of the transacted amount or Rs. 500 (whichever is higher).
Late Payment Charges: 0-1300 depending on the amount outstanding.
Foreign Currency Mark-up Fees: 3.5% on all foreign currency spends
Fuel Surcharge
1% fuel surcharge, reversed incase of fuel purchase at Indian Oil petrol pump.
Billing Cycle
30 Days