CitiBank one of the leading private sectors is offering a wide range of best credit cards in India with a host of benefits. Citi bank has a credit to match almost everyone’s spending pattern and lifestyle. Using credit cards helps to make purchases now and pay for them later on. You can even convert your bills into easy monthly EMIs.
CitiBank Credit Card Eligibility Criteria
Age: The minimum age to apply for Citi bank’s credit card is 23 years and the applicants should not be more than 60 years.
Employment Status: Both salaried and self-employed can apply for Citi bank credit cards provided they meet the eligibility criteria.
Income: You are eligible to apply for a Citi bank credit card if your monthly income is more than Rs. 25000 per month.
Credit Score: Credit paly a very vital role in determining your credit card eligibility. In common, a credit score of more than 750 is considered good.
Factors Affecting Your Citi Bank Credit Card Eligibility
Credit Score: Your Citi bank credit card eligibility is primarily decided by your credit score. Credit is an important instrument used by banks to determine your creditworthiness. A higher credit score implies that you always pay all your dues on time and never miss a payment. Whereas a lower credit score is an indicator of the fact that you are not very regular with your payments, you might have missed paying EMI’s of your existing loans. Hence having a poor credit score might lead to rejection of your credit card application.
Income: Each credit card has a different income eligibility criteria attached to it. If you fail to meet the eligibility criteria set by the bank then your application will be rejected. Frequent rejection of application further affects your eligibility negatively. So, check your eligibility on online platforms first before applying for a Citi bank credit card.
Multiple Queries: Applying for a credit card with multiple banks at the same time increases the number of queries. Multiple queries have a negative effect on your credit score. So, it is better to do comprehensive research online before choosing a card and then apply for it.
Benefits of taking a Credit Card from Citi Bank
People usually choose to use a credit card because it is convenient and simple to use. Many individuals are unaware, however, that credit cards are beneficial to your financial health as well. It improves your credit score while also saving you money if you use the correct credit card. Among the many possibilities, you must select a credit card that provides you with more opportunity to earn points and save money, such as a Citi credit card. Citi credit cards offer unrivalled benefits to meet all of your demands.
- A wide range of choices
Citi guarantees that you have a plethora of options to choose from. With seven different credit cards to select from, you’ll have plenty of options to suit your needs. For example, if you are a frequent traveler, you can take a Citi PremierMiles credit card to enjoy complimentary airport lounge access, get air-accident insurance cover and earn air miles that can be redeemed towards the frequent flier program of multiple airlines. Similarly, you may save money while shopping at Shoppers Stop using the First Citizen Citi credit card. To enhance your monthly savings, you can use a gasoline credit card, a rewards credit card, or a cashback credit card, depending on your needs.
2. Reward Points:
You can receive a welcome bonus of up to 1500 points and 10,000 air miles if you use your Citi Rewards or Citi Prestige credit cards within 30 days of booking. Furthermore, depending on the credit card you use, every time you spend at department stores, gas stations, grocery stores, and so on, you get reward points and/or miles. Furthermore, if you are a Citigold or Citi VIP Client, you can earn up to 30% more bonus points on purchases made with your Citi Prestige credit card.
3. Use EMI to make purchases.
With Citi credit cards’ easy EMIs, you may shop to your heart’s delight this holiday season. You may simply divide large budget expenditures into manageable EMIs with Citibank credit card, avoiding emptying your resources all at once.
