What is Citi Cashback Credit Cards?
The Citi Cashback Credit Card gives special cashback on purchases like utility bills, movie tickets, and other purchases. You receive a reward with this credit card that is credited to your bill and never expires if left unused. Also, the card enables you to save on a variety of other purchases, Including up to 10% discount on ticket bookings, 20% dining discount, and special discount deals on hotel reservations, among others. There are some more exciting offers and benefits that are mentioned below.
Advantages of Citi Cashback Credit Cards
Get 5% Cashback on each phone bill payment.
15% off at 2,000 participating restaurants.
A 1% fuel surcharge is waived at IndianOil Corporation-approved locations.
Earned cashback is credited to the account in multiples of Rs. 500. Cashback that has not yet been redeemed is forever, thus it never expires.
Duty-free shops provide cashback of up to 15%.
Get up to Rs. 3,000 in cashback when paying your rent through RedGirraffe.
Citi Cashback Credit Card offers discounts and local deals while you are traveling in more than 90 countries.
Disadvantages of Citi Cashback Credit Cards
If you want to save money on gas, the Citi Cashback card might not be the best option.
0.5% cashback on typical purchases, which is below average.
It has a 3.5% of high foreign currency markup fee on the total transaction.
Who should Apply for the Citibank Cashback Credit Card?
The Citibank Cashback Credit Card is a competitive card for buying Movie tickets and is suitable for paying phone and utility bills. The cashback rate is applied to registered and charged bill payments made through Citi Bill Pay or Citibank online payments. It is still a better option with fewer cashback categories, especially for those who are ineligible for better cashback cards.
It is perfect for individuals who are:
Searching for cashback as compared to reward points.
Trying to raise their credit score and have their first credit card.
Trying to earn cashback on purchases of phone bills, cinema tickets, and utilities without paying a large yearly fee.
Citi Cashback Card Eligibility Criteria
To apply for this card, you must fulfill the requirements listed below:
The applicant’s average age must be between 23 to 60 years.
The candidate must have a good credit rating and should be self-employed or working on a salary.
Conclusion
There are several credit cards available in the market right now that offer a variety of benefits as well as a cheap annual cost. The Citibank Cashback credit card does meet the need for a low annual fee, but, the perks and benefits it provides are not enough. But if you are looking for an affordable credit card that has special cashback offers then you can go for it. Not only this but you also have an excellent chance to save money on other purchases. Thus your decision must be based on your needs and monthly spending. Thus, the Citi Cashback Credit Card is definitely a good choice if you want a credit card that enables you to save more money.
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