CITI Prestige Credit Card

औसत रेटिंग है 3 5 में से

MyRupaya Ratings

उत्पाद विवरण

क्रेडिट कार्ड का नाम

Bank Name :

CITI Bank

प्रकार

Rewards Credit Card

ब्याज दर

3.75% (45% annualized)

पात्रता

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

पेशेवरों

Welcome Benefit: 2,500 bonus points and benefits worth Rs. 10,000 from ITC/Taj.
Reward System: 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 INR 10,00,000 with your Citi Prestige credit card.
Complimentary unlimited Priority Pass lounge access at over 1300 airports for primary as well as supplementary card members.

दोष

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.

पक्ष विपक्ष

Welcome Benefits

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

पुरस्कार प्रणाली

Reward System: 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.

अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप

3.4% of the transaction amount on all purchases made in a foreign currency, including cash advances.

स्वागत लाभ और पुरस्कार प्रणाली

विशेष लक्षण

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

Eligibility Criteria

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

फ़ायदे

Welcome benefits.
Complimentary Golf games.

विशेष विशेषता, पात्रता और लाभ

क्रेडिट कार्ड के लिए आवेदन कैसे करें?

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.

सम्पर्क करने का विवरण

'+91-22-49181050 or Toll free 1-800-419-1050.

खाता खोलने की प्रक्रिया और प्रक्रिया

विशेष विशेषता, पात्रता और लाभ

Pros:-

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Cons:-

Welcome Benefit: 2,500 bonus points and benefits worth Rs. 10,000 from ITC/Taj.
Reward System: 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 INR 10,00,000 with your Citi Prestige credit card.
Complimentary unlimited Priority Pass lounge access at over 1300 airports for primary as well as supplementary card members.

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.

The CITI Prestige Credit Card is a premium card for seasoned travelers and lifestyle enthusiasts who appreciate luxury travel perks, high miles earning on key categories, and additional lifestyle benefits. However, the high annual fee requires careful consideration and ensuring you can maximize the card's potential to justify the cost.

CITI Prestige Credit Card

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

उत्पाद समीक्षा

फीस एवं प्रभार

Joining Fees: INR 20,000 + GST
Foreign Transaction Fee: 3.4% of the transaction amount on all purchases made in a foreign currency, including cash advances.
Cash Advance Fee: 2.5% of the withdrawn amount (minimum ₹300) when withdrawing cash using your card in India or abroad.
Late Payment Fee: ₹100 minimum or 5% of the outstanding balance (whichever is higher) for payment delays exceeding 5 days.
Interest charges: 3.75% (45% annualized).