Festivals Boost Credit Card Spends to Record High of Rs.1.29 Trillion – Know Details

Owing to the high-end purchases during festive season, the total credit card spending made a boom and reached the highest Rs. 1.29 Trillion in October as per update from the Reserve Bank of India (RBI). This was about 5.5% more than the last month’s figure, which showed Rs. 1.22 Trillion. 

On a year-on-year (YoY) basis, credit card spending have reached beyond 25%, in spite of a high base. There are many credit card options available in the market among which, Citi bank credit card is noteworthy. To know more about Citibank credit cards, keep reading.

Features and Benefits of Citi Credit Cards

Following are some of the key features and advantages of Citibank credit cards:  

  • Rewards for Shopping

You can earn 10X Reward Points while using a Citi Rewards Credit Card in departmental stores as well as 1 Point for purchasing a product worth Rs. 125. Having a Citibank Indian Oil credit card will help you earn 2 Turbo Points for each Rs. 150 spent on supermarkets or groceries. 

  • EMI Benefits

The advantage of ‘The Citi Pay Lite’ of Citi credit card enables you to transform your high-end purchases, or those that exceed Rs. 2500, into small Equated Monthly Instalments (EMIs). You can choose a repayment tenure of your choice in order to pay-out the entire expenditures and stay away from overstraining your finances. 

  • Flexibility in Bill Payments 

As per the thumb rule, making timely repayment of your credit card bills is necessary to avoid financial burden. However, this might get problematic for you if there is a cash crunch. Having the ‘Citi Flexi Bill’ facilitates you to breakdown your credit card bill per month into smaller and reasonable EMIs, which you can then clear in due course according to your convenience. 

  • Insurance Facilities 

Havinga Citi Premier Miles Credit Card will help you enjoy coverage of air accident insurance of up to Rs. 1 Crore. Furthermore, a Citi Prestige Credit Card provides travel insurance coverage to the cardholder.

Eligibility Criteria for Citi Credit Card

Mentioned below are the eligibility criteria to apply for a Citibank credit card:

  • Applicant should be an Indian citizen
  • Age of the applicant should be between 21 years and 60 years
  • The applicant must be either self-employed or salaried individuals
  • The per month income of the applicant should be at least Rs. 20,000 or above 
  • Applicant must retain a good credit score of 750 and above

Now, have a glance at the necessary documents which you need to keep handy to avoid any last moment rush. 

Documents Required for Citi Credit Card

The documents required while availing a Citibank credit card are as follows:

  • Identity Proof (includes PAN card, Aadhaar card, driving licence, voter ID card, letters of UIDAI)
  • Address Proof (comprise Aadhaar card, driving licence, property papers, utility bills, and electricity bills)
  • Income Proof (comprise current salary slips, Income Tax Returns, bank statements for the previous 3 months, Form 16) 

How to Apply for Citi Credit Cards?

Following are the easy steps by which you can apply for Citibank credit cards: 

Step 1: Navigate to the official website of Citibank 

Step 2: Go to the option of ‘Credit Cards Available’

Step 3: Input your details accordingly and fill out the application form  

Step 4: Take a look at the current offers and compare the available credit card options.

Step 5: Choose the Citibank credit card that suits you the best

Step 6: Thoroughly check your application before submission.

Step 7: Click on ‘Submit’

After completing all these steps successfully, your application for a Citibank credit card will be successful. 

How to Pay Citi Credit Card Bill Online?

The online payment facilities offered by Citi credit card provide you with the liberty to make your repayment easily. Mentioned below are the methods to pay Citibank credit card online:

  • Net Banking

To pay your Citi credit card bill online via net banking follow the steps stated below: 

Step 1: Go to the official website of Citibank 

Step 2: Enter your credentials for login

Step 3: Click on ‘Pay Credit Card Bill’ under Banking option 

Step 4: Choose the amount

Step 5: Select the account for paying your bill

Step 6: Complete the payment process by clicking on ‘Confirm’.

Another popular method for making your Citi credit card payment is the Citi Mobile App.

  • Citi Mobile App

For paying Citi credit card payment via this mobile, follow these steps:

Step 1: Download Citibank Mobile Application on your smartphone.

Step 2: Go to ‘Credit Cards’ section

Step 3: Select the amount

Step 4: Select the account

Step 5: Tap on ‘Confirm’

Some of the other popular online payment methods for Citi credit cards include NEFT, RTGS, IMPS, ECS, ePay, UPI, and so on.  

Having a crystal clear idea about how credit card usage has increased during the last year and how it is useful will encourage you to opt for one. There are various credit card options available, out of which you can go for the Citibank credit card due to its convenience and benefits. 


I am an author at FullFormX for the past 1 years. I like to share information and knowledge. I love expressing my thoughts through my articles. Writing is my passion. I love to write about travel, tech, health, fashion, food, education, etc. In my free time, I like to read and research. My readings and research help me to share the information through my thoughts.

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