Citibank Citi Rewards Credit Card

Citibank Citi Rewards Credit Card

Before the launch of credit cards in the UAE, people were entirely dependent on money to pay for their expenses. After the launch of credit cards, buying experience has totally changed for the people in the UAE.

With more than 200 options of credit card, expats and residents in the UAE get a wide array of options to choose from. The credit cards in the UAE are offered to fulfil the insurance needs of various credit card applicants. the credit cards are loaded with various ground-breaking features such as free meet and greet services, enhanced reward points, buy one get one offers, no membership fees, easy instalment plans and a lot more. The offered features and benefits of the credit card in UAE compliment the lifestyle of the residents and expats. 

No wonder, credit cards have carved its own niche and changed the way people shop in the UAE. 

About Citibank Citi Rewards Credit Card

The Citi Rewards Credit Card enables the cardholder to earn ThankYou Points at a fast speed. The cardholder accumulates points not just for the spending the cardholder makes using the card; it rewards the cardholder for the places they go to. The more they spend using the card; they get to earn more points.

The card offers complimentary movie tickets and dining discounts at partnered eateries. In case the cardholder fulfils the minimum spending requirement i.e. AED 9,000, no annual fees is charged from the second year onwards.

Features of Citibank Citi Rewards Credit Card

Mentioned below are the features of Citi Rewards Credit Card:

ThankYou Rewards by Citi

Being a Citi Rewards cardholder, the cardholder will be enrolled into the ThankYou Rewards Program by Citi automatically. Under the program, the cardholder earns Citi ThankYou points which they can later redeem for a plethora of amazing redemption options. The options have been specially formulated after keeping the credit cards need of the cardholder in mind.

Purchase in Local Currency

For each USD 1 spent in local currency using the card, the cardholder can earn 1 ThankYou Point. Whether the cardholder wants to have a gastronomic experience at a 5-star restaurant, or they want to sip their favourite beverage from their local coffee shop, they can use their card to pay the bill. This way, they will get to earn points while they shop.

Purchase in Foreign Currency

Upon spending each USD 1 in foreign currency, the cardholder gets to earn1.5 ThankYou Points. Whether the cardholder makes hotel bookings or spends on entertainment, paying in foreign currency enables them to earn more ThankYou Points.

Enhanced ThankYou Points

Upon spending each USD 1 on booking hotels at the official website of Kaligo, the cardholder collects 10 ThankYou Points. The cardholder can select from a wide range of 425,000 plus hotels around the world and get amazing rates as compared to various travel sites.

Benefits of Citibank Citi Rewards Credit Card

Mentioned below are the benefits of the Citi Rewards Credit Card:

Airport Lounge Access across the Globe

The cardholder will get unlimited access to more than 1,000 airport lounges across the globe on a complimentary basis. Both primary as well as supplementary card members can avail this offer.

Dining Benefits

Offered by from Citi, Gourmet Pleasures is a dining program that offers the cardholder up to 20 percent discount at specific restaurants.

Purchase Protection Benefit

The benefit is offered free of cost. Upon activating the card, the cardholder automatically gets enrolled in Purchase protection. It enables the cardholder to stay safe in case the goods purchased using the card get accidentally damaged, lost or stolen up to a period of 90 days from the purchase date.

Buy 1 Get 1 Offer on Movie Ticket

The cardholder can enjoy up to 2 buy 1, get 1 movie tickets on a monthly basis. The complimentary benefit can be availed on any weekday using Citi Credit Card. The offer is valid for the tickets purchased through the VOX mobile app or website and can be redeemed only by the registered users.

Supplementary Credit Cards

Without paying any additional charges, the cardholder can opt for unlimited supplementary cards for their eligible family members. Additionally, the cardholder can set limit the spending on every card.

MasterCard World Advantages

Here are the MasterCard World Advantages offered exclusively for the Citi Rewards MasterCard members.

a.Insurance for Travel Inconvenience

Travelling to a new country can expose the cardholder to various travel-related risks. In case the cardholder comes across any inconvenience, insurance for travel inconvenience will provide them with the much-needed insurance coverage by providing compensation for the same.

b.Waiver for Loss Damage and Rental Collision

In case of an accident, regardless of the cardholder’s fault, the cardholder will get to enjoy waiver for loss damage and rental collision for the rental automobile.

c.Complimentary Benefits by Starwood Hotels and Resorts

For hotel booking, the cardholder will get to enjoy the following benefits:

i. Upon booking 2 nights at partner Starwood Hotels and Resorts properties, the cardholder gets the 3rd night free.

ii. Upon booking 3 nights at partner Starwood Hotels and Resorts properties, the cardholder gets the 4th night free.

iii. Upon booking 4 nights at partner Starwood Hotels and Resorts properties, the cardholder gets the 5th and 6th night free.

Note- The offered benefit is applicable at the properties specified by Mastercard.

d.Travel Medical Insurance

When the cardholder travels, travel medical insurance provides much-needed medical insurance coverage in the form of compensation for the expenses incurred due to emergency medical care.

e. Offered Services

Mentioned below are the services offered by the Citi Banks Rewards Credit Card:

i. Account Alerts (Automatic) - The alerts service helps the cardholder stay updated about their latest account activity. They can opt for alerts and receive updates about the balance levels, due payments etc. When they exceed their assigned credit limit or they buy something using their credit card, they get updated by alert service offered by Citibank.

ii. Contactless Technology - The Citibank MasterCard Credit Card is well-equipped with the latest technology. It makes the transactions much easier and faster.

iii. Monthly Bill Payment -  In case the cardholder has a Citibank account, they can log on to the official website of Citibank and pay their credit card bill using their internet banking account. Otherwise, they can make a deposit at the Citi ATM in their vicinity.

Pay Using Points

The cardholder can pay using their accumulated points through Citibank Online as well as an SMS.

Whenever the credit cardholder pays for the purchases made by their Citi Credit Card, Citibank sends a Pay with Points SMS to their registered mobile phone number along with a link to redeem the accumulated points.

Eligibility Criteria of Citi Rewards Credit Card

Mentioned below are the eligibility criteria of Citi Rewards Credit Card:

  1. Annual Membership Charges - The cardholder will have to pay AED 300 as an annual membership fee.
  2. Minimum Monthly Income - The cardholder needs to earn AED 8,000 as minimum monthly income.

Top Reasons to Get Citi Rewards Credit Card

Here are the top reasons to Get Citi Rewards Credit Card:

1.Points Transfer

With the Citi Rewards Credit Card the cardholders can convert their accumulated ThankYou Points to one of the loyalty programs mentioned below:

i. Loyalty Program by Club Apparel -  The cardholder can transfer their ThankYou Points to the Loyalty program offered by Club Apparel. Basically, it is a cardless loyalty program which enables the cardholder to redeem their accumulated points across various established brands covered under the program. 

Note- 27 ThankYou Points is equals to 1 Club Apparel Point.

ii. Jumeirah Sirius Membership Offered by Jumeirah Hotel & Resorts - The cardholder can transfer their ThankYou Points to the Jumeirah Sirius Recognition & Rewards Program. Under the program, best experiences at Jumeirah Hotels, Resorts & Residences are offered worldwide. The cardholder can enjoy night stay at 5,000 Jumeirah Sirius points each night. Additionally, they can spend 1,500 Jumeirah Sirius points and avail a voucher worth AED 100. The voucher can be availed for spa sessions or dining benefits.

Note- 2.7 ThankYou Points is equal to1 Jumeirah Sirius Point

Mentioned Below are a Few Examples of what the Card Member Can get:

  1. Jumeirah Restaurants Voucher Valid Across UAE worth AED 100
    Required Sirius points- 1,500
  2. Deluxe Room (outside the United Arab Emirates)

Required Sirius Points- 4,200

  • Ocean Deluxe Room (in Jumeirah Beach Hotel)

Required Sirius points- 10,600

How to Transfer the Accumulated Transfer Points to the Partners?

Here are the steps to transfer the accumulated transfer points to the partners:

Step 1- Login to the Citibank Online.

Step 2- On the top menu, click on Accounts tab. 

Step 3- Select the Citi Rewards Credit Card.

Step 4- Click on View Rewards.

Step 5- Fill in the OTP (one time password) sent to the registered mobile number.

Step 6- Accept the terms and conditions.

Step 7- Click on Travel and select Points Transfer option.

Step 8- Fill in the information required for Points Transfer and click on Confirm.

The Cardholder will Get an Email Containing the Details of their Redemption Transfer. It will take up to 14 days for the Points to Reflect in the Partner Loyalty Account of the Cardholder.

iii. Gift Vouchers

The cardholder can redeem their accumulated ThankYou Points and avail gift vouchers from various entertainment and travel partners:

Name Value Requirement
Ikea AED 100 3,900 ThankYou Points
Joyalukkas AED 100 3,900 ThankYou Points
Carrefour AED 100 4,000 ThankYou Points
Sharaf DG AED 100 4,000 ThankYou Points
City Centre AED 100 4,100 ThankYou Points
Abu Dhabi Mall AED 100 4,000 ThankYou Points
Flydubai AED 100 4,000 ThankYou Points

iv. Reversal of Annual Membership Charges

In case the cardholder wishes for redeeming their accumulated Citi ThankYou Points to pay the yearly membership charges, they can do so with the help of their Citi Rewards Credit Card.

Here are the details:

  • For annual membership charges 
    reversal of AED 25, 625 ThankYou Points are required.
  • For annual membership charges 
    reversal of AED 50, 1,250 ThankYou Points are required.
  • For annual membership charges 
    reversal of AED 100, 2,500 ThankYou Points are required.
  •  

Fees and Charges for Citi Bank Rewards Credit Card

Listed below are the fees and charges for Citi Bank Rewards Credit Card:

 

S.No. Particulars Charges
1.         Yearly Membership Fee AED 300
2.         Monthly Retail Interest 3.25 Percent
3.         Monthly Cash Interest 3.25 Percent
4.         Yearly Membership Fee for Supplementary Card Free
5.         Direct Debit Set-up/ Amendment/ Cancellation Free
6.         Stopping Direct Debit Payment AED 50
7.         Card Replacement Charges AED 50
8.         Card Conversion Charges AED 50
9.         Sales Draft Copy Charges AED 65
10.     Credit Shield Plus Charges 0.82 percent of the outstanding monthly balance
11.     Life Style Protect Plus Charges 0.79 percent of the outstanding monthly balance
12.     Processing Fees For Personal Loan 1 percent of the total loan amount minimum AED 500 Maximum AED 2,500
13.     Loan Cancellation Charges AED 100
14.     Loan Rescheduling Charges AED 250
15.     Cash Advance Charges 3 percent of the advance amount or AED 99 whichever is higher
16.     InstaLoan Processing Charges AED 100

 

How to Redeem your ThankYou Points?

Be it redemption for merchandise or for instant rewards such as booking travel itinerary using the accumulated ThankYou Points, the ThankYou Rewards Program by Citi offers a ground-breaking rewards experience.

Here are the redemption options the card member can enjoy through the ThankYou Rewards Program offered by Citi.

a. Merchandise

The cardholder can browse electronics, apparel, home goods etc. Using the accumulated points, they can buy merchandise as per their choice.

b. Travel Bookings

The cardholder can redeem their accumulated ThankYou Points for hotels bookings, holiday packages booking and booking rental cars with no blackout dates. Additionally, the can redeem the points for booking flights. A booking charge of AED 36 will be applicable for the same.

c. Transfer the Points

The cardholder can avail the benefit of converting their accumulated ThankYou Points to one of the loyalty programs mentioned below:

  1. Jumeirah Sirius membership offered by Jumeirah Hotels and Resorts
  2. Club Apparel Loyalty Program

d. Gift Cards/ Vouchers

In order to redeem their ThankYou Points, the cardholder can avail free vouchers/ gift cards from a wide range of entertainment and travel partners.

e. Reversal of Annual Membership Charges

As per applicable terms and conditions, the card member can redeem their ThankYou Points for paying the annual membership charges of their Citi Rewards Credit Card.

How to Apply for Citi Rewards Credit Card?

Applying for a best credit card is a very simple process. The applicant can log on to the official website of their credit card provider and apply for the preferred credit card. Though, experts recommend applying for a credit card after analyzing individual insurance expectations and comparing various credit cards. The applicant can shortlist the credit card that fulfils their credit card expectations the most.

To make applying for the credit card a cake walk, the applicant can simply log on to Policybazaar.ae and compare various credit cards in the UAE. After that, they can fill out the application form. Upon submitting the form, a credit card expert from the team of credit card experts will get in touch with the applicant and guide them throughout the process of getting a credit card.

The unmatchable services provided by Policybazaar.ae makes it a sought after financial website in the UAE.

Citi Rewards Credit Card - FAQ's

Question 1- How is the minimum outstanding payment is calculated on my card statement?

Answer- Minimum outstanding payment is calculated at the rate of 2.74 percent of the current balance in the billing cycle. In addition to that, the following fees and charges are also applicable (if any).

  1. Finance charges (current)
  2. Late payment fee for the current bill cycle
  3. Over limit balance
  4. Outstanding due amount
  5. InstaLoan processing charges
  6. Monthly charges of instalment as per opted balance transfer/ EIP's/ InstaLoan/ loan on Phone

In case your balance is below than AED 100, your minimum outstanding payment will be equivalent to your balance.

Question 2-When are additional charges/fees levied on my Citi Rewards credit card?

Answer- In case you don’t pay your credit card bill, or you pay your bill partially and you have an outstanding balance, the bank will charge interest. The applicable interest will be reflected in your credit card statement for the next month. The additional charges are computed on each individual transaction from the date the transaction was made to the next statement date.

As per the date of purchase, if you pay your credit card bill before the due date; no interest will be charged for the purchases for up to 52 days, from the date of purchase. However, interest will be charged on other instalment products or cash advances from the date making such transaction.

Question-3 How is Cash Advance Fee calculated?

Answer-When you opt for a cash advance either from an ATM or branch, the bank will charge an advance fee for the withdrawn cash.

The advance fee is charged additionally with the interest charged on the withdrawal amount from the date of money withdrawal.

Question-4 Can I opt for an easy instalment plan?

Answer-Yes, it is very easy to opt for easy an instalment plan for the eligible transactions. Here are the steps:

Step 1- Log on to the official website of Citi Online.

Step 2- On the website’s homepage, under the quick links, you will find EIP Booking. Click on the link.

Step 3- Select from a variety of transactions.

Step 4- Select payment tenure and review the schedule for your instalment.

Step 5- Click on the booking button.

Question-5 Is it possible to convert a transaction made used by my supplementary card member into an EIP (Easy Instalment Plan)?

Answer-Yes. Transactions made using a supplementary card are eligible for Easy Installment plans.

However, specifically the primary card member can authorize the EIP.