IndianOil Citi Credit Card is a co-branded fuel card launched by CitiBank in collaboration with IndianOil. This card offers some outstanding benefits including up to 71 liters of free fuel in a year. The card offers rewards in terms of Turbo points. When you make your first transaction using the IndianOil Citi Credit Card, you are awarded 250 turbo points as a welcome gift and for every Rs. 150 spent on all your purchases, you earn 1 Turbo point.
You also earn accelerated reward points for your purchases at groceries, departmental stores, and fuel purchased at IndianOil outlets. You need only Rs. 1,000 as a joining fee for IndianOil Citi Credit Card and your reward point can be redeemed in various ways. If you drive a car, this is one card you should consider adding to your wallet.
Rewards and Benefits
As mentioned earlier, when you make your first purchase using IndianOil Citi Credit Card, you are awarded 250 Turbo points as a welcome gift if you make your first transaction within thirty days after the card has been activated. For every Rs. 150 you spend. You also earn accelerated reward points when you make purchases at groceries, departmental stores, and IndianOil outlets.
You get 2 Turbo points for expenditures at groceries and supermarkets. For expenditures greater than Rs. 5,000, you get 1 extra Turbo Point on every Rs. 150 you spend. These incremental Turbo Points are capped at 34 Turbo Points per transaction. You earn 4 Turbo points for purchasing fuel at authorized IndianOil outlets.
You can earn up to a maximum of 267 points for a single transaction. You can redeem your Turbo points against fuel and several other categories such as online shopping, in-store shopping, gift vouchers, AirMiles, and cashback. For redemption against fuel, 1 TP = Re.1, for other categories 1 TP = Re. 0.25 to Re. 0.35, and for AirMiles, 1 TP = 0.75 AirMile/InterMile. To redeem your Turbo Points, go to www.online.citibank.co.in. Under Credit cards click on the option ‘Redeem Reward Points. The reward points are redeemed at the rates given below.
NOTE: If you want to redeem your Turbo points againstfuel, you would need at least 250 Turbo points, you will need a minimum of 100 TPs for Air Miles/InterMiles you need 100 TPs, and at least 10,000 TPs for redemption against cashback. Against gift vouchers, no minimum limit of Turbo Points is required.
Other benefits of using the IndianOil Citi Credit Card include: Exciting dining discount offers across various participating restaurants. Some restaurants offer up to 20% discount on dining bills. Fuel surcharge waiver. Every time you swipe your IndianOil Citi Credit Card, you get a 1% waiver on fuel surcharge across all authorized IndianOil outlets for transactions above Rs. 10. Spending-based renewal fee waiver. On spending Rs. 30,000 or above in the previous year, the annual fee of Rs. 1,000 can be waived for the Indian Oil CitiBank Card.
Exclusive saving offers on flights through MakeMyTrip. Saving up to Rs. 1000 on EaseMyTrip. Up to 15% discount on Vista Rooms. Up to 15% Cashback at duty-free stores. In case you happen to lose your card, once you report the lost card to the bank, you will not be liable for any fraudulent transaction. 24*7 customer support.
Fees and Charges
Joining fees – Rs. 1,000 (plus applicable taxes). Renewal fees – Rs. 1,000 (plus applicable taxes). Foreign Currency Markup – 3.5% on all foreign currency transactions. Interest rates – 3.75% per month. Cash advance charges – 2.5% of the amount withdrawn or a minimum of Rs. 500. There are no fees charged for reward redemption and add on cards.
Who is eligible for Air India SBI Signature credit card?
To be eligible for approval to hold the IndianOil Citi Credit Card, you need to: Be at least 21 years old. Have a stable source of income. Have a decent credit score. When you apply for the IndianOil Citi Credit Card, you will be required to provide the following documentation:
Identity Proof (Driving License/ Aadhar Card/ Voter ID/ Passport). Address Proof (Voter ID/ Driving License/ Passport/ Aadhar Card). Past two months’ salary slip (for salaried employees). Latest year ITR with income computation (for self-employed individuals).
How to apply for IndianOil Citi Credit Card
You can apply for the IndianOil Citi Credit Card by visiting any CitiBank branch, or you can easily apply online by following these simple steps: Go to https://www.online.citibank.co.in/. Click ‘Credit Cards.’ Select ‘IndianOil Credit Card.’ Choose the ‘IndianOil Citi Credit Card.’ Click on ‘Begin your application.’ Fill in all the mandatory particulars and complete all the formalities as mandated by the bank’s website.’
Customer care
Citibank provides its customer with 24×7 customer support. Here are some customer care contact details for Citibank: If you have lost your card, if your card is stuck in an ATM, or if you receive notification about a transaction you didn’t make, contact the emergency helpline, 1800 267 2425 (toll-free in India) or +91 22 4955 2425 (local dialing). (Always operational). For any other queries, you can contact 1860 210 2484 (available from 7 AM – 9 PM, Monday to Saturday).
Conclusion
Do you have a car? Or maybe you drive a family or company car? With an opportunity to get up to 71 liters of free fuel per year, IndianOil Citi Credit Card is most definitely for you. But this card has something for everyone considering that IndianOil Citi Credit Card rewards you for most of the things you do with your card. Furthermore, you can redeem the Turbo Points against any category of your choosing, including fuel, shopping, travel, etc.
This credit card also gives you some incredible opportunities to save on dining, flying, and fuel surcharge waivers. Considering everything you can do with this card, the joining and annual renewal fees are rather low, moreover, you can still have it waivered depending on your annual expenditure. This is probably a good time to get yourself an IndianOil Citi Credit Card.
