CITIBANK Credit Cards

Citibank is the subsidiary of Citigroup and offers some of the best credit cards in travel and cash back category. Furthermore, it also offers credit cards in the lifestyle, fuel and shopping categories. In this review and comparison, we have listed the best credit cards offered by Citibank in different categories.

Best Citibank Credit Card in India

Card Name Category Annual Fee Annual Bonus  
Citi Rewards Credit Card  Rewards  INR 1,000  6,900 poins Apply Now
Citi Cash back Credit Card  Cash back  INR 500  Nil (Cash back benefits) Apply Now
Citi PremierMiles Credit Card  Travel  INR 3,000+GST  13,000 bonus points Apply Now
IndianOil Citi Platinum Credit Card  Fuel  INR 1,000 if an annual spend of INR 30,000 is not reached. INR 250 on activation, benefits on fuel Apply Now
 Citi First Citizen Credit Card  Shopping  INR 1,000 if an annual spend of INR 30,000 is not reached.  INR 2,050 Apply Now
 Citi Prestige Credit Card  Lifestyle  INR 20,000  10 bonus air miles Apply Now

Citibank Credit Cards - Features & Benefits

Citi Rewards Credit Card [For Rewards]

The Citi Rewards Credit Card gives you a lot of rewards and benefits that you can make use of without worrying about the date of expiry. The reward points earned can be redeemed for air miles on Jet Airways and Air India. Alternately, reward points can be redeemed for online shopping, fuel, in-store shopping, cash back and vouchers at partner entities.

Pros & Cons:

Reasons to Choose Reasons to Avoid
 Excellent Rewards  No golf privileges
 Never expiring reward points Slightly high interest rate
 Air Miles  Limited Airlines as partners
 Welcome Bonus  No airport lounge access

Rewards/Benefits:

  • Rewards Structure: You can earn 10 reward points on every purchase of INR 125 at departmental stores and on apparel. On all other spends, you get INR 1 on spending INR 125.
  • Never expiring rewards: The best feature is that you can redeem your points at any time and you do not have to worry about the expiry date.
  • Welcome Offer: 
    • 1,500 bonus points on your first spend made within 30 days of card issue.
    • 1,000 bonus points on your first spend of Rs.1000 made within 60 days of card issue.
  • Monthly Bonus: On spending INR 30,000, you get 300 monthly bonus points.
  • Dining Benefits: The Citi Rewards Credit Card offers 15% savings across participating restaurants.

Quick Figures:

Annual Fee INR 1000
Annual Bonus 6000 Bouns Reward Points
APR 39%
Minimum Requirements  A  good credit history/ a salaried individual

The Citi Rewards Credit Card comes at a moderate Annual Percentage Rate and is a great choice for people who can spend INR 30,000 every month. Moreover, the annual fee also gets waived off on spending INR 30,000 a year. The monthly bonus on meeting eligible spend requirements, easy and transparent redemption process and never expiring reward points make it a suitable choice as a rewards credit card.

Citibank Cash back Credit Card (For Cash back)

The Citibank Cash back Credit Card is a good option for people who just started out with their jobs.This credit card offers 5% cash back on movie purchases, telephone payments, utility bill payments and a 0.5% cash back on all other spends. Additionally, it offers 15% discounts on dining bills.

Furthermore, one unique feature of this card is that you do not need to use your pin for transactions under INR 2000. However, this Citibank card does not provide any welcome gift. Nevertheless, the cash back benefits it offers compensates for the lack of welcome benefit.

Pros & Cons:

Reasons to Choose  Reasons to Avoid 
 5% Cash back on movies, telephone bills, utility payments  No welcome benefit
 Up to 15% dining discounts  High interest rate
 Low Annual Fee
 Contactless Payment

Rewards/Benefits:

  • Cash back categories:
    • Cash Back of 5% on movie ticket purchases.
    • 5% Cash Back on all your telephone bill payments.
    • 5% Cash Back on all your utility bill payments made online through Citibank Online Bill Pay.
    • 0.5% Cash Back on all other spends.
  • Dining discounts: Up to 15% savings across participating restaurants
  • Contactless payments: Contactless payment (without PIN) for transactions under INR 2,000.

Quick Figures:

Annual Fee INR 500
Annual Bonus NIL
APR A variable interest rate ranging between 37.20% and 42.00% per annum
Minimum Requirements Should be a salaried employee

The Citibank Cash back credit card is great for all those people who prioritize cash back over rewards. Although there's no welcome offer, the cash back that you earn compensates for the lack of introductory benefits.

Citibank Premier Miles Credit Card (For Travel)

The Citibank PremierMiles Credit Card is one of the most popular travel credit cards for its all-rounder benefits on rewards, miles, redemptions across categories, excellent introductory benefits, and at least 6 access passes to airport lounges every quarter. Although the interest rate and the annual fee are a tad bit on the higher side, the introductory bonus does make up for it, thereby, making it your best travel partner.

Pros & Cons:

Reasons to Choose   Reasons to Avoid 
Excellent Intro Benefits  and renewal bonus  High APR
No expiry date of accumulated reward points  No golf privileges
PremierMiles on every time you spend
Airport Lounge Access

Rewards/Benefits:

  • Welcome benefit: 10,000 points as an introductory bonus and 3000 points on renewal.
  • Air Miles:10 miles per INR 100 on flight tickets and hotel stays on Citi Premier Miles website. Furthermore, the air miles earned never expire.
  • Airport Lounge Access: 6 or 8 visits to airport lounges depending on whether you have master or visa card.
  • Fuel Surcharge Waiver: The Fuel Surcharge gets waived off at Indian Oil Petrol Pumps
  • Rewards on airline spend: 3% reward rate on airline spends.
  • Dining Discounts:15% discounts on dining.

Quick Figures:

Annual Fee INR 3000 + GST
Annual Bonus 13,000 points
APR 37.20% to 42%
Foreign Transaction Fee 1.99% of the transaction amount
Minimum Requirements Should be a salaried employee or self-employed with stable monthly income

The Citi PremierMiles Credit Card is a useful credit card for those who are seeking good air miles and airport lounge benefits. The annual fee and interest rate are on the higher side, but the introductory benefits program somewhat makes up for it. With 10x points for airline spend, a frequent traveller surely gets rewarded well.

One of the major complaints many people have on this card is that the rewards categories have been devalued. Even after devaluation, the card continues to hold its own.With a variable APR ranging from 37.20% to 42%, one might want to stay away from this card unless they intend to make card balance in full every month.

IndianOil Citi Platinum Credit Card (For Fuel)

IndianOil Citi Card is one of the best credit cards to save your money on fuel. There's the opportunity to earn Turbo Points and save your money at fuel stations. Furthermore, it's almost a lifetime free card, if you are willing to spend INR 30,000 on your card every year. This card also comes with exclusive Concierge Services.

Pros and Cons:

Reasons to Choose Reasons to avoid
 Turbo Points at Indian Oil petrol pumps, dining, grocery, supermarket  No golf games
 No airport lounge access
 Annual Fee waived on spending INR 30,000 a year  No cash back
 Never expiring Reward points  Limited to Indian Oil petrol pumps
 Concierge Services

Rewards/Benefits:

  • Turbo Points: 
    • 4 Turbo Points on Rs.150 of fuel purchases at authorized IndianOil Retail Outlets across the country.
    • 2 Turbo Points on Rs.150 at grocery and supermarkets.
    • 1 Turbo Point on Rs.150 spent elsewhere like Shopping, Dining and more.
  • Dining Discounts: You get up to 15% discount at partner restaurants.
  • Fuel savings: You earn around INR 4,827, which is around 71 litres of fuel.
  • Easy redemption: You can redeem your points for fuel, gift vouchers and select
  • Reward points that do not expire: With this credit card, you don't have to worry about the expiry dates of reward points since there is no expiry of validity.

Quick Figures:

Annual Fee  INR 1,000 if the spend amount on the card is below INR 30,000.
Annual Bonus INR 250 on activation before 30th June 2018.
APR 39%
Minimum Requirements  A good credit history or a salaried individual

IndianOil Citi Platinum Card is perfect for those who go to IndianOil petrol pumps throughout the year. This card, however, does not offer any airport lounge access or golf privileges. With this card, you can earn fuel worth INR 4827 per year.

First Citizen Citi Credit Card (For Shopping)

The First Citizen Citi Card provides exclusive offers on Shoppers Stop stores. On activation of your card, you get rewards worth INR 2,050. Additionally, you also get some benefit from shopping at other stores. This card is perfect for earning reward and benefits if you are a regular shopper at Shoppers Stop.

Pros and Cons:

Reasons to Choose Reasons to avoid
Reasons to Choose  Reasons to Avoid 
 Offers at Shoppers Stop  Targets exclusively Shoppers Stop  Customers
 Welcome Benefits  No airport lounge access
 Offers at other stores.  No cash back
 In-store exclusive sale previews  No golf privileges

Rewards/Benefits:

  • Welcome Benefit: Vouchers worth INR 2,050 at Shoppers Stop and Home Stop.
  • In-store offers: With the First Citizen Card, you get exclusive previews of sale. Furthermore, you would also receive complimentary parking at Shoppers Stop and you would also enjoy the convenience of exclusive payment counters for you.
  • Accelerated rewards at Shoppers Stop:
    • 7 First Citizen Points per INR 100 spent at Shoppers Stop for private label brands.
    • 5 First Citizen Points per INR 100 spent at Shoppers Stop for other brands.
    • 1 First Citizen Point per INR 100 spent elsewhere.
  • Easy redemption: You can redeem your First Citizen Points instantly against purchases made at Shoppers Stop. Each reward point earned equals INR 0.60.

Quick Figures:

Annual Fee INR 0 when you spend INR 30,000 a year on your card
Annual Bonus INR 2,050
APR 39%
Minimum Requirements  A good credit history

The First Citizen Citi Credit Card works best for people who can spend INR 1,00,000 per year at Shoppers Stop. Moreover, one should spend INR 25,000 every quarter in order to qualify for the benefits associated with the card. Nevertheless, the card becomes a zero fee card if you can spend INR 30,000 every year.

Citi Prestige Card (For Lifestyle)

The Citi Prestige Car primarily targets people who prefer luxury over other things. It offers unlimited airport lounge access, a good insurance coverage, Taj Epicuria and Inner Circle Silver Membership and golf privileges. Therefore, it is designed keeping in mind all the needs of a person wishing to travel in luxury.

Pros and Cons:

Reasons to Choose Reasons to avoid
 Unlimited airport lounge access Very high annual fee
 Golf privileges Unimpressive Rewards rate
 A good insurance coverage
 Taj Epicuria Plan and Inner Circle Silver Membership

Rewards/Benefits:

  • Unlimited airport lounge access: You get a Priority Pass Membership which allows unlimited access to lounges over 800 airports for primary as well as supplementary cardmembers.
  • Golf games: With the Citi Prestige Card, you get 4 complimentary golf at 15 golf courses in India every year.
  • Insurance: The Citi Prestige Card offers an overseas medical insurance of USD 50,000 dollars. Additionally, the Citi Prestige card offers an air accident coverage of INR 5,00,00,000. The lost card liability insurance is for INR 3,00,000.
  • Complimentary nights in Hotels: On every 4 nights stay at partner hotels, you get to stay for an extra night free of cost.
  • Global Assistance: With the Taj Epicuria and Inner Circle Membership, you get to receive a personalized welcome worldwide with an elevated status on the loyalty programs of their global partner.
  • Rewards: For every INR 100 spent locally, you get 1 reward point whereas you earn 2x rewards on international spends. You can redeem your points for air miles.

Quick Figures:

Annual Fee INR 20,000
Annual Bonus 10,000 bonus air miles
APR 20.99%
Minimum Requirements  A good credit history

The Citi Prestige Card is exclusively for premium customers and the existing Citigold Private Clients. Although it comes at a very high annual fee, the unlimited access to airport lounges, Taj Epicuria Memberships etc. make this a suitable choice for high income customers.

Bottom Line

Citibank offers a good range of credit cards to satisfy its customers. Furthermore, most of the credit cards are zero fee credit cards. Nevertheless, you are charged INR 1,000 if you cannot spend INR 30,000 a year. Additionally, the interest rates offered by Citibank are also not too high, which makes it a good option.

The winner among all Citibank Cards is the Citi PremierMiles Credit Card. This credit card is the first airline agnostic credit card launched by Citibank and offers the best rewards and benefits.

FinTown Advantage:  We provide unbiased personal finance advice to help people make the best possible financial decisions. Our reviews and ratings of financial products are determined by customer financial wellbeing and not profiteering. Whether or not we make a penny, we do what is best for the customer. Our research team is made up of economists and market researchers who spend hundreds of hours researching and comparing products with the same mission in mind.

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