* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.
The First Citizen Citi Credit Card gives effective rewards of 4.2% on shopping at Shoppers Stop and other select brands, and 0.6% for all other spends.
This card gives a net reward yield of 0.7% on all your spending. That is a relatively low net reward yield and there are better options available.
The Citi Cash Back Credit Card is the best credit card from Citibank India, if you spend less than ₹50,000 on your card each month.
You can earn a net reward yield of 0.9-1.2% on all your spend with this card.
Go for the Citi PremierMiles Credit Card if you spend more than ₹50,000 a month on the card. The PremierMiles gives you a net reward yield of 1.5-1.9% on your total spending.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
The Rewards
Card
First Citizen Citi Credit Card
Card Type
Reward
Cashback Features
– 14 Reward Points / ₹200 at Shoppers Stop Store
– 10 Reward Points / ₹200 on other brands at Shoppers Stop
– 2 Reward Points / ₹200 on all other spends
Milestone Rewards
Nil
Other Rewards
– 10% Cashback on booking.com
– 15% discount on Vista Rooms
Rewards Redemption Fee
₹99
Reward Caps
Unlimited
Preferred Redemption Method
Redeem the reward points at Shoppers Stop Store@₹0.60 / Reward point
Fees & Charges
Card
First Citizen Citi Credit Card
Joining Fee
₹500 + Taxes
Annual Fee
₹500 + Taxes
Min. Annual Credit Card Spend
for Fee Waiver
₹30,000
Income Criteria
Salaried
N/A
Self-employed
N/A
Supplementary Card Fee
Free
Interest Rate
45.00%
Foreign Currency Markup
3.50%
Cash Advance Charge
2.50% with a minimum of ₹500
References & Footnotes
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Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.