By Ankur Mittal
Updated On September 22, 2021

Citibank India or Citi India is a subsidiary of the US-based multinational financial conglomerate, Citigroup. Citi India has been operational since 1902 and was one of the first banks in India to offer modern financial solutions including ATM, credit card, internet banking, etc. With total assets of Rs. 2.18 lakh crore (as of March 2020), it is the 23rd largest bank in the country in terms of assets. Recently, in April 2021, Citibank announced that it is going to exit the retail banking business in India along with 12 other countries. However, the bank assured that it would continue to serve its customers just as it had been. The bank also assured that it would not shut down its operations in India, instead, it would look for a potential buyer and sell off its retail business.

As far as the credit card business is concerned, despite having a total of just eight credit cards in its portfolio, it is one of the most popular credit card issuers in India. As of May 2021, with 26,11,076 active credit cards, Citibank is the sixth-largest credit card issuer in the country. Below listed are some of the popular credit cards offered by Citibank in the Indian market.

Citi Prestige Credit Card

Welcome Benefits

2,500 bonus reward points and a benefit worth Rs. 10,000 from ITC hotels or the Taj group.

Rewards Rate

1 Reward Points for every Rs. 100 on domestic spends, 2 Reward Points for every Rs. 100 on international spends.

Best Suited For

Travel |

Movie & Dining

Up to 50% off on movie tickets on BookMyShow.

Reward Redemption

1 Reward Point = Re. 1, 1 RP = 4 Airmiles for redemption against airmiles, 1 RP = 1 Taj InnerCircle point and 1 reward point = 4 IHG points.

Joining Fees

Rs. 20,000 (plus applicable taxes)

Product Details

  • Welcome benefit of 2,500 bonus reward points at the time of joining.
  • An annual benefit worth Rs. 10,000 from Taj group / ITC hotels every year.
  • 1 reward point for every Rs. 100 on domestic spends.
  • 2x reward points on international spends.
  • Reward points redeemable for gift vouchers and gadgets, transferable to frequent flyer points, hotel loyalty programs, and many more categories.
  • Complimentary Epicure Plan of Taj InnerCircle membership.
  • Unlimited airport lounge access around the world with Priority Pass for primary as well as add-on card members.
  • Citi concierge service for day-to-day tasks.
  • Overseas medical insurance cover worth USD 50,000.
  • Lost card protection worth Rs. 10 lakh.

See additional details for Citi Prestige Credit Card

Citibank PremierMiles Credit Card

Welcome Benefits

10,000 Miles on the spends of Rs. 1,000 or more in the first 2 months of card issuance.

Rewards Rate

10 Miles/Rs. 100 spent for airline transactions and 4 Miles/Rs. 100 spent for all other transactions.

Best Suited For

Travel |

Movie & Dining

Up to 20% discount on dining bills at partner restaurants.

Reward Redemption

1 Mile = 0.5 AirMile for partner airlines, 1 Mile = Re. 0.45 for travel related categories, 1 Mile = Re. 0.30 for utility, fuel and retail categories, and 1 Mile = Re. 0.20 for other categories.

Joining Fees

Rs. 3,000 (plus applicable taxes)

Product Details

  • 10,000 Miles as a Welcome Benefit on the expenditure of Rs. 1000 or more using Citibank PremierMiles Credit Card within 60 days of issuance of the card.
  • 3,000 Miles every time the card membership is renewed.
  • 10 Miles for every Rs. 100 spent on airline transactions or on the bank’s Premier Miles portal with Citibank PremierMiles Credit Card.
  • 4 Miles/Rs. 100 spent for all other expenditures.
  • Miles redeemable on 100+ Airlines and transferable to other partner airlines/hotel loyalty programs.
  • Domestic lounge access at select airports across India.
  • Up to 20 % discount on bills at partner restaurants.

See additional details for Citibank PremierMiles Credit Card

Citi Rewards Credit Card

Welcome Benefits

Up to 2,500 Reward Points

Rewards Rate

1 Reward point per Rs. 125 spent and 10 Reward Points per Rs. 125 spent on departmental stores.

Best Suited For

Shopping |

Movie & Dining

A discount of up to 20% on dining at partnered restaurants.

Reward Redemption

The Reward Points you earn can be redeemed against Air Miles, product catalog, or cash back whenever you want with a rate of 1 RP = up to Re. 0.30.

Joining Fees

Rs. 1,000 (plus applicable taxes)

Product Details

  • A welcome benefit of up to 2,500 Reward Points.
  • Get 1 Reward Points on every Rs. 125 you spend.
  • 10x Reward Points on apparel & departmental stores.
  • Get 300 bonus Reward Points by spending Rs. 30,000 or more every month.
  • Spend Rs. 30,000 or more in a year and get your renewal fee waived off.
  • 1% fuel surcharge waiver.

See additional details for Citi Rewards Credit Card

Citi Cash Back Credit Card

Welcome Benefits

NA

Rewards Rate

0.5% cashback on all spends and a 5% cashback on telephone bills, movie tickets, and utility bill payments.

Best Suited For

Shopping |

Movie & Dining

Up to 20% discount on dining across participating restaurants.

Reward Redemption

Cashback is automatically credited to your statement in a multiple of Rs. 500.

Joining Fees

Rs. 500 (plus applicable taxes)

Product Details

  • Get a 0.5% cashback on all your spending.
  • Get a 5% cashback on your telephone bill payments & movie ticket purchases.
  • A cashback of 5% on utility bill payments through Citibank Online Bill Pay.
  • Automatic redemption of the cashback.
  • Up to 20% off on dining across several participating restaurants.
  • 1% fuel surcharge waiver.

See additional details for Citi Cash Back Credit Card

IndianOil Citi Credit Card

Welcome Benefits

250 Turbo Points as a welcome gift

Rewards Rate

1 Turbo Point per Rs. 150 you spend, 2 Turbo Points per Rs. 150 you spend at supermarkets, and 4 Turbo Points on every Rs. 150 spent on fuel.

Best Suited For

Fuel |

Movie & Dining

Up to a 20% discount on dining across several participating restaurants.

Reward Redemption

For redemption against fuel, 1 TP = Re.1, for other categories 1 TP = Re. 0.25 to Re. 0.35, and for AirMiles, 1 TP = 0.75 Airmile/Intermile.

Joining Fees

Rs. 1,000 (plus applicable taxes)

Product Details

  • You get 1 Turbo Point on every Rs. 150 you spend.
  • You get 2x Turbo Points for spending on groceries and supermarkets.
  • You get 4x Turbo Points on spending on fuel at authorized IndianOil outlets.
  • Get a welcome bonus of 250 Turbo Points.
  • Turbo Points are redeemable against a variety of categories, including fuel, cashback, shopping, etc.
  • Exciting discount offers on dining across several participating restaurants.
  • A 1% fuel surcharge waiver.
  • Spend-based renewal fee waiver.
  • 24*7 customer support.

See additional details for IndianOil Citi Credit Card

First Citizen Citi Credit Card

Welcome Benefits

3 Shoppers Stop vouchers worth Rs. 500 each, and 500 First Citizen Reward Points on your first transaction.

Rewards Rate

14 First Citizen Reward Points on every Rs. 200 spent at Shoppers Stop and 10 First Citizen Reward points on every Rs. 200 spent at Shoppers Stop on other brands and 2 First Citizen Reward Points on every other spend of Rs. 200.

Best Suited For

Shopping |

Movie & Dining

Get up to a 20% discount on dining at various participating restaurants.

Reward Redemption

The First Citizen points earned will be automatically transferred to the Shoppers stop, and you can redeem the points available at Shoppers Stop instantly. 1 First Citizen Point = Re. 0.60.

Joining Fees

Rs. 500 (plus applicable taxes)

Product Details

  • 500 First Citizen Points on your first purchase if done within 30 days after receiving the card.
  • 14 First Citizen Reward points on every spend of Rs. 200 at Shoppers Stop on private brand apparel.
  • 10 First Citizen Reward points on every spend of Rs. 200 at Shoppers Stop on other brands.
  • 2 First Citizen Reward Points on every other spend of Rs. 200.
  • The annual fee is waived off on spending Rs. 30,000 or more in the previous year.
  • Several other privileges including complimentary parking at Shoppers Stop.
  • 1% fuel surcharge waiver.

See additional details for First Citizen Citi Credit Card

Top 6 Citibank Credit Cards:

Citi Rewards Credit Card:

It is a Reward Points based shopping credit card. It earns you-

  • 10 Reward Points per Rs. 125 spent on apparel and departmental store.
  • 4 additional Reward Points per Rs. 125 on Amazon, Flipkart and Myntra.
  • 1 Reward Point per Rs. 125 on all other spends.
  • 300 bonus Reward Points on achieving the milestone of expenditure of Rs. 30,000 or more in a month.

Citi Cashback Credit Card:

Citi Cashback credit card is one of the best cashback shopping credit cards in the market. You earn 5% cashback on telephone and utility bill payments and movie ticket purchases and a 0.5% cashback on all other spends. The cashback is automatically credited to the card’s statement balance in multiples of Rs. 500. You also get dining, travel and lifestyle benefits with this card.

First Citizen Citi Credit Card:

The First Citizen credit card by Citibank is another entry-level shopping credit card by the bank. You get Reward Points as First Citizen Reward Points which can be redeemed at Shoppers Stop stores. You earn-

  • 14 First Citizen Reward points on every spending of Rs. 200 at Shoppers Stop on private brand apparel.
  • 10 First Citizen Reward points on every spending of Rs. 200 at Shoppers Stop on other brands.
  • 2 First Citizen Reward Points on all other spends of Rs. 200.

Apart from these Reward Points benefits, you also earn a 15% discount and cashback on flight ticket bookings on travel websites including MameMyTrip, Booking.com, etc.

Citi Prestige Credit Card:

Citi Prestige credit card is a super-premium offering by the bank. From hotel benefits at ITC and Taj hotels to unlimited complimentary lounge access and priority check-in at domestic and international airports, you get a plethora of travel benefits with this credit card. It is a Reward Points based card and earns you-

  • 1 Reward Point for every Rs. 100 on domestic spends.
  • 2 Reward Points for every Rs. 100 on international spends.
  • You also get bonus 2,500 Reward Points and vouchers worth Rs. 10,000 from ITC and Taj group of hotels.

Citibank PremierMiles Credit Card:

Citibank PremierMiles credit card is one of the best credit cards in the Indian credit card market in the travel category. The card rewards you as AirMiles. You earn-

  • 10 Miles/Rs. 100 spent for airline transactions.
  • 4 Miles/Rs. 100 spent for all other transactions.

The AirMiles earned can be used to make travel bookings, can be transferred to other hotel/airline loyalty programs or redeemed against domestic airport lounge visits. Apart from the AirMiles, you also get an air accident insurance cover worth Rs. 1 crore.

IndianOil Citi Credit Card:

The IndianOil Citi credit card is a fuel credit card by the bank. It earns you Reward Points as Turbo Points which can be redeemed for free fuel at authorized IndianOil outlets. You earn-

  • Accelerated 4 Turbo Points for every Rs. 150 spent on fuel purchases.
  • 2 Turbo Points per Rs. 150 spent on groceries and supermarket.
  • 1 Turbo Point per Rs. 150 on all other spends.

1% fuel surcharge is waived off at all Indian Oli filling stations across India.

Reward Points and Cashback Benefits:

The following table summarises the Reward Points or Cashback benefits that you get with the aforementioned Citibank credit cards-

Credit Card Reward Points / Cashback
Citi Rewards Credit Card 10 Reward Points per Rs. 125 spent on apparel and departmental store.
4 additional Reward Points per Rs. 125 on Amazon, Flipkart and Myntra.
1 Reward Point per Rs. 125 on all other spends.
Citi Cashback Credit Card 5% cashback on telephone and utility bill payments and movie ticket purchases.
0.5% cashback on all other spends.
First Citizen Citi Credit Card 14 First Citizen Reward points on every spending of Rs. 200 at Shoppers Stop on private brand apparel.
10 First Citizen Reward points on every spending of Rs. 200 at Shoppers Stop on other brands.
2 First Citizen Reward Points on every other spending of Rs. 200.
Citi Prestige Credit Card 1 Reward Point for every Rs. 100 on domestic spends.
2 Reward Points for every Rs. 100 on international spends
Citibank PremierMiles Credit Card 10 Miles/Rs. 100 spent for airline transactions.
4 Miles/Rs. 100 spent for all other transactions.
IndianOil Citi Credit Card Accelerated 4 Turbo Points for every Rs. 150 spent on fuel purchases.
2 Turbo Points per Rs. 150 spent on groceries and supermarket.
1 Turbo Point per Rs. 150 on all other spends.

Reward Redemption:

Citi Rewards Credit Card:

The Reward Points earned on your Citi Rewards Credit Card can be redeemed against fuel at Indian Oil outlets, product catalog, Air Miles/InterMiles, and cashback at the following rate:

  • For redemption against fuel at Indian Oil outlets, 1 Reward Point = Rs. 0.25 and the minimum points required to redeem are 250.
  • For redemption against in-store shopping at partner brands, 1 Reward Point = Rs. 0.30 and the minimum points required are 250.
  • For redemption against online travel sites, 1 Reward point = Rs. 0.25 and the minimum points required to redeem are 250.
  • For redemption against online shopping, 1 Reward Point = Rs. 0.30 and the minimum points required for redemption are 250.
  • For redemption against AirMiles, 1 Reward Point = 0.75 AirMile and the minimum points required to redeem are 100.
  • For redemption against cashback, 1 Reward Point = Rs. 0.35 and the minimum points required for redemption are 10,000.
  • For redemption against the product catalog, the value of Reward Points is variable (different for different products), and there is no minimum number of points required to redeem.

Citi Cashback Credit Card:

The cashback is credited to your card’s statement balance in multiples of Rs. 500.

First Citizen Citi Credit Card:

  • 1 First Citizen Reward Point = Rs. 0.60.
  • The Reward Points you earn are automatically added to your Shoppers Stop First Citizen account and you can redeem them instantly through www.shoppersstop.com, Shoppers Stop Mobile App, or at any Shoppers Stop store.
  • You can also redeem your Reward Points against the purchases you make at Homestop, Arcelia, Estee Lauder, Bobbi Brown, M.A.C, Clinique, Jo Malone & Smashbox stores in India.

Citi Prestige Credit Card:

  • Reward points can be redeemed for purchasing gift vouchers from popular brands and gadgets on the Citi Prestige Reward Catalog.
  • You can also transfer the reward points to partner airlines’ frequent flyer programs as AirMiles. 1 Reward Point = 4 Airmiles. The partner airlines include Air India, Eva Air, Singapore Airlines, British Airways InterMiles, Cathay Pacific Malaysia Airlines, Etihad Airways, Etihad Airways, Virgin Atlantic Thai Airways, Qantas Flying Blue (Air France and KLM) and Qatar Airways Turkish Airlines.
  • You can also transfer reward points to partner hotel loyalty programs including Taj InnerCircle and IHG Rewards Club. 1 Reward Point = 1 Taj InnerCircle point and 1 reward point = 4 IHG points.
  • Citi Prestige reward points are also redeemable for shopping via SMS.
  • You can also settle your card’s outstanding balance with the Citi Prestige reward points.

Citibank PremierMiles Credit Card:

The Miles earned can be redeemed across over 100+ airlines or can be transferred to partner airlines and hotel loyalty programs. The transfer ratio of Miles to other partner airlines/hotel programs is 2:1, i.e. 1 PremierMile is equivalent to 0.5 partner airlines’ Mile. Partner airlines include Cathay Pacific, British Airways, Thai Airways, Malaysia Airlines, Eva Air, Etihad Airways, Singapore Airlines, Qatar Airways, Turkish Airlines and Air India. Apart from these travel-related expenditures, the Miles can also be redeemed for purchasing gift vouchers from Citibank’s Rewards Catalogue, purchases from select retail outlets and for fuel purchases at select Indian Oil refill stations.

IndianOil Citi Credit Card:

To redeem your Turbo Points, you need to visit www.citibank.com/india then click on the option ‘Redeem Reward Points’ under Credit cards. You can redeem your earned Turbo Points against fuel, online shopping, in-store shopping at partner brands, AirMiles/InterMiles, cashback, etc, at the following rate:

  • For redemption against fuel at authorized IndianOil outlets: 1 Turbo Point = Re. 1.
  • For redemption against online shopping at travel sites: 1 TP = Rs. 0.25.
  • For redemption against other online shopping: 1 TP = Rs. 0.30.
  • For redemption against in-store shopping at partner brands: 1 Turbo Point = Rs. 0.30.
  • For redemption against AirMiles/InterMiles: 1 TP = 0.75 AirMile/InterMile.
  • For redemption against cashback: 1 TP = Rs. 0.35.
  • You need a minimum of 250 Turbo Points for redemption against fuel, online/offline shopping, 100 Turbo Points for redemption against AirMiles/Intermiles, 10,000 Turbo Points for redemption against cashback, and there is no minimum limit for redemption against gift vouchers.

Complimentary Airport Lounge Access:

The complimentary airport lounge visits offered by the Citibank credit cards is summarised in the table below-

Credit Card Complimentary Lounge Access
Citi Rewards Credit Card None
Citi Cashback Credit Card None
First Citizen Citi Credit Card None
Citi Prestige Credit Card Unlimited domestic and international lounge visits with Priority Pass (for primary and add-on cardholders)
Citibank PremierMiles Credit Card 6 domestic lounge access/quarter with MasterCard variant.
8 domestic lounge access/quarter with Visa Signature variant.
IndianOil Citi Credit Card None

Documents Required:

The bank requires an identity proof, an address proof and a proof of income to process your credit card application. The following table illustrates the documents accepted as identity proof, address proof and proof of your income.

Identity Proof Address Proof Proof of Income
  • Voter Card
  • Aadhar Card
  • Driving License
  • PAN Card
  • Passport
  • Aadhar card
  • Passport
  • Utility Bills
  • Audited ITR Acknowledgement
  • Salary Slips

How to apply for Citibank Credit Cards:

To apply for a Citibank credit card-

  • Go to Citibank’s credit card application homepage.
  • Select the credit card you want to apply for.
  • Click/tap on the “Apply Now” button.
  • Fill in the form that opens and complete your application.
  • Your application will be evaluated by the bank officials. If accepted, your card will be mailed to your address.

 

FAQs:

Although Citibank has announced that it will be exiting the retail banking business in India (including credit card business), the bank officials have assured that they would continue to serve their customers just as they had been. The bank has no plans to shut down its operations in the country, instead, they are looking for a potential buyer to sell off their assets. So you need not worry about this issue before applying for a Citibank credit card.

Citi Rewards is Citibank’s Rewards Redemption portal where you get plentiful options to redeem the Reward Points accrued by you. You can redeem the Reward Points for shopping vouchers, gadgets and accessories, books, movies, dining, flight ticket bookings, hotel reservations, etc.

Citibank Reward Points have lifetime validity (never expire). For the FirstCitizen credit card, ShoppersStop terms and conditions apply.

The shopping vouchers purchased from the Citi Rewards Catalogue are valid for a period of three months, the same is also printed on the voucher as well.

Yes, the Reward Points earned can be adjusted against the card’s statement balance. This facility is available with Citi Rewards Card, IndianOil Citi Card and Citi Prestige Card only. The rate of redemption of Reward Points in each case is as follows-

  • Citi Rewards Card: 1 reward point = 35p.
  • IndianOil Citi Card: 1 Turbo Point = 35p.
  • Citi Prestige Card: 1 reward point = Re.1.

Yes, you can transfer the Reward Points to partner frequent flyer or hotel loyalty programs. This facility is available on Citi Rewards Card, IndianOil Citi Card, Citi Corporate Card, Citi PremierMiles Card and Citi Prestige Card only.

Yes, you do get a zero liability protection with Citibank credit cards. In case of loss of card, the customer won’t be liable for any fraudulent transaction made with the card. Certain credit cards also come bundled with a complimentary insurance cover against any unauthorized usage of the card.

You can dial Citi bank’s 24×7 customer care number (CitiPhone) 1860 210 2484 to report the loss of card or in case you need any kind of assistance. The bank’s customer care is operational 24×7 only for emergency services. For queries and assistance, the service is available from 9 AM through 7 PM (Monday – Saturday).

Add cards to start comparing

Compare Cards