Citi Rewards MASTERCARD Credit Card
Citi Bank
Last updated: Feb 03, 2026
₹1,000
₹1,000
3.5%
No lounge access
Contents
Citi Rewards MASTERCARD is a shopping-focused rewards card that gives accelerated points at apparel and department stores and a steady base earn on all spends. It suits shoppers who want higher reward point accrual on clothing and departmental purchases, with a reasonable annual fee that is waivable on moderate annual spends. Post-migration of Citi’s India retail business, existing card terms may be legacy — check the bank/Axis migration pages for current servicing and offers.
Features of Citi Rewards MASTERCARD Credit Card which makes it unique
Accelerated Apparel Rewards
High earn on apparel & department store purchases
Significantly higher point accrual for clothing and department store shoppers
Better than many base-rewards cards for apparel spends
Rewards Structure of Citi Rewards MASTERCARD Credit Card
Dining
baseAll restaurants and food purchases
Standard earn; no accelerated dining category on base Citi Rewards product.
Apparel & Department Stores
acceleratedApparel and department store merchants (in-store and select online partners)
High-earn category; best for clothes and departmental shopping.
Shopping (All Other)
baseAll other retail and e-commerce merchants
Standard earn rate on general shopping.
Milestones of Citi Rewards MASTERCARD Credit Card
Quarterly Spend Bonus
₹100,000 (per calendar quarter) : 1,000 bonus reward points
Fees & Charges of Citi Rewards MASTERCARD Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹1,000 |
| Annual Fee | ₹1,000 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹750 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 2% |
Renewal Conditions:Annual fee waived on ₹30,000+ annual spend (membership year).
Fee Explanation Standard bank service charges apply for overdue amounts and cash advances; check T&Cs for slabbed interest rates.
Detailed Explanation of Citi Rewards MASTERCARD Credit Card Fees
Annual Fee: 1000 (yearly)
Waived on ₹30,000+ annual card spend in membership year.
Cash Advance Fee: 2.5% (transaction)
Minimum ₹300 or as per bank policy.
Lounge Access Benefits with Citi Rewards MASTERCARD Credit Card
domestic Lounges
silverVisits per year: 0
Guest access: No
No complimentary domestic lounge access on base Citi Rewards product.
Insurance Coverage with Citi Rewards MASTERCARD Credit Card
Purchase Protection
₹50,000Claims subject to issuer T&Cs; typically covers accidental damage/theft within 90 days of purchase.
Additional Features of Citi Rewards MASTERCARD Credit Card
Contactless Payments
Tap-and-pay enabled for contactless transactions
Add-on Cards
Add-on cards available subject to bank approval
Welcome Bonus with Citi Rewards MASTERCARD Credit Card
Welcome Bonus: 1,500 Reward Points
Bonus Conditions: Valid for new customers only; activate card and make first spend within 60 days. T&Cs apply.
Application Process for Citi Rewards MASTERCARD Credit Card
Processing Time
5-10 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Apply online via bank/partner portal
Upload KYC and income documents
Receive verification call and document verification
Card dispatched (if approved) within typical 7–10 business days
Required Documents for Citi Rewards MASTERCARD Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
Citi Rewards MASTERCARD Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India at Mastercard merchants
International Acceptance
Accepted globally where Mastercard is accepted
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Citi Rewards MASTERCARD Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
700+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹25,000
Minimum annual income
Self-Employed Applicants
₹35,000
Minimum annual income
Who Can Apply
Important Conditions
- Applicant must provide valid PAN and Aadhaar; subject to bank KYC and credit assessment.
How Approval Is Decided
- Minimum income ~₹25,000/month (salaried) or as per bank policy
- Indian resident with valid KYC
- Credit score typically 700+
Pros of Citi Rewards MASTERCARD Credit Card
- Excellent reward accrual for clothing and department-store shoppers
- Waivable annual fee on modest annual spend
- Simple point-earning mechanics make redemption planning easier
Cons of Citi Rewards MASTERCARD Credit Card
- No complimentary lounge access on the base product
- Forex markup historically higher than low-forex competitors (approx. 3.5%)
- Post-migration servicing may move to another bank — check servicing updates
Frequently Asked Questions about Citi Rewards MASTERCARD Credit Card
Is there a joining fee?
Yes. Typical joining fee is ₹1,000. Fees and current promotions may vary; check current offers before applying.
What is the welcome bonus?
Welcome bonus: 1,500 bonus reward points on first transaction within 60 days. Conditions apply.
How do I waive the annual fee?
Annual fee is typically waived on ₹30,000+ annual spend in the membership year; confirm exact waiver slab with issuer.
What is the base rewards earn rate?
Base earn is 1 reward point for every ₹125 spent on most purchases.
What categories give accelerated points?
Apparel and department store purchases earn accelerated points (historically 10 points per ₹125).
Can points be transferred to frequent flyer programs?
Transfer options depend on current partner tie-ups; check issuer for active airline partners and minimum transfer blocks.
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