Citibank is very well known across the world as a leading financial service provider. Citibank India is the banking division of Citigroup operating in India. Citibank India offers a wide range of financial services such as commercial loans, home loans, personal loans, mortgages and credit cards and extended lines of credit. With respect to credit cards, Citibank India offers four exclusive credit cards which come with multiple features and benefits on fuel, travel, lifestyle, fine dining, shopping cashback, reward point and much more. One of the unique features is that you can refer a Citibank credit card to your family and friends and earn cash up to ₹9,999. But not everyone is eligible for a Citibank credit card. One of the important eligibility criteria is that of a CIBIL score. Read more to find out.
When you apply for a Citibank credit card, the bank looks through your Credit Information Report from Credit Information Companies like TransUnion CIBIL to determine your credit history and creditworthiness before approving your credit card application. A good CIBIL score is the most important eligibility criteria that a potential borrower should fulfill to acquire a Citibank credit card. Credit information companies like TransUnion CIBIL are among the credit bureaus in India which construct credit scores on potential borrowers and corporates. The information collected is collated into a credit information report which has your mentioned CIBIL score. Citibank usually does not issue a credit card to a borrower with a low CIBIL score. The minimum CIBIL score required to get a Citibank credit card is 750 and above .
If you seek a Citibank credit card, you should go through the complete eligibility criteria mentioned below.
| Criteria | Description |
|---|---|
| Min age | 21 years |
| Max age | 65 years |
| Status | Salaried or Self-Employed |
| ID Proof | Aadhaar Card, Passport, PAN, Voter ID, Driving License |
| Address Proof | Aadhaar Card, Passport, Utility Bills, Rental Agreement |
| Income Proof | 3 months’ salary slips or bank statement, credit card statement, ITR |
| Employment Proof | Appointment Letter, Offer Letter, Employee ID |
| Photograph | 2 passport size photographs |
Each Citibank card come with features unique to the card itself. Hence, the minimum annual income requirement varies from card to card and so does the age of the applicant.
Note: All information regarding benefits and features has been sourced from the official website of Citibank.
| Criteria | Benefits and Features |
|---|---|
| Contactless | This card comes with a contactless feature where you can make a payment of up to ₹2,000 without using your security PIN code. |
| Savings | - 5% cashback on movie ticket purchases, telephone bill or utility bill payment.
- 0.5% cashback on all other spends. |
| Redemption Points | Redeem your cashback points in multiples of Rs. 500. |
| Dining Privileges | Up to 15% savings on bills across participating restaurants |
| EMI Privileges | Select easy EMI options at more than 2,000 consumer electronics and mobile phone outlets, leading retail chains and e-retailers. |
| Interest Rate | This card comes with a variable interest rate ranging between 37.20% and 42.00% per year. |
| Annual Fee | Rs. 500 |
A co-branded credit card of Citibank India and IndianOil which provides offers on fuel payments in the form of turbo points. You get to earn turbo points on all your purchases.
| Criteria | Benefits and Features |
|---|---|
| Turbo Points | - 4 Turbo Points on Rs.150 of fuel purchases at IndianOil Retail Outlets.
- 2 Turbo Points on Rs.150 at grocery and supermarkets. -1 Turbo Point on Rs.150 spent on Shopping, Dining and more. |
| Contactless | This card comes with a contactless feature where you can make a payment of up to ₹2,000 without using your security PIN code. |
| Redemption Points | Option to redeem your Turbo Points for free fuel at over 1200+ authorized IndianOil Retail Outlets. |
| Dining Privileges | Up to 15% savings on bills across participating restaurants along with Personal Concierge Services. |
| EMI Privileges | Select easy EMI options at more than 2,000 consumer electronics and mobile phone outlets, leading retail chains and e-retailers. |
| Interest Rate | 3.25% per month (39% per annum) |
| Annual Fee | The annual fee on the card is Rs.0 when you spend Rs.30,000 or more or else Rs. 1,000 per annum. |
| Contactless | This card comes with a contactless feature where you can make a payment of up to ₹2,000 without using your security PIN code. |
| Reward Points | - 10X Reward Points on spends at apparel and department stores.
- 1 Point for every Rs125 on all other purchases. |
| Bonus Points | - 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. - 300 bonus points on card spends of Rs. 30,000 or more in a month. |
| Dining Privileges | Up to 15% savings on bills across participating restaurants along with Personal Concierge Services. |
| EMI Privileges | Select easy EMI options at more than 2,000 consumer electronics and mobile phone outlets, leading retail chains and e-retailers. |
| Interest Rate | 3.25% per month (39% per annum). |
| Annual Fee | The annual fee on the card is Rs.0 when you spend Rs.30,000 or more or else Rs. 1,000 per annum. |
A credit card which offers bonus air miles on purchases made. You receive miles on all of your spends which can be redeemed for flights and hotel stays. Such a card is ideal for businessmen who travel frequently.
| Contactless | This card comes with a contactless feature where you can make a payment of up to ₹2,000 without using your security PIN code. |
| Bonus Miles | - Get 10,000 Miles with your first spend of Rs.1,000 or more within 60 days of card issuance.
- Get 3,000 Miles on Card renewal. - Get 10 Miles per Rs.100 when you book flight tickets and hotel stays from Premiermiles India. - Get 10 Miles per Rs.100 spent on all airline transactions. - Get 4 Miles for every Rs.100 spent on all other transactions |
| Frequent Flyer Program | Under this facility, you earn Miles for the ticket purchased at 10 Miles per Rs.100 rate using your Citi PremierMiles credit card. |
| Dining Privileges | Up to 15% savings on bills across participating restaurants along with Personal Concierge Services. |
| EMI Privileges | Select easy EMI options at more than 2,000 consumer electronics and mobile phone outlets, leading retail chains and e-retailers. |
| Lost Card Liability | Lost Card Liability Cover of Rs. 2 Lakhs. |
| Interest Rate | This card comes with a variable interest rate ranging between 37.20% and 42.00% per year. |
| Annual Fee | Rs. 3,000 for card issuance and rest annually. |
What if I have a low CIBIL score, will Citibank still give me a credit card?
No, you need to have a minimum credit score of 750 or above in order to get a Citibank credit card.
Does skipping Citibank credit card payment affect my CIBIL Score?
Yes, skipping even a single Citibank EMI or credit card bill payment can have a negative impact on your CIBIL credit score.
Can I get more than 3 Citibank credit cards if I have a good CIBIL score?
No, you can avail only one credit card at a time from Citibank, irrespective of a good CIBIL score.
