Citibank Indian Oil Credit Card Review
If you are still confused about which fuel credit card to choose and wanted to read Citibank Indian Oil Credit Card review, then you are at the right place. Indian oil Citibank Credit Card! As the name suggests, its a credit card for Premium class. This credit card is given by one of the most trusted and premium brands available in India for premium people. I have summed up my personal views and information gathered from different places below on Citibank Indian Oil credit card.
It is the best card if you want more on your fuel spends done from Indian Oil petrol pumps. Citibank has tied up with Indian Oil petrol pumps to give additional benefits and cashback to its cardholders. Citibank promise to give 5% value back. A cash back generally consists of 2.5% surcharge waiver and 2.6% as cashback points.
If you want instant Approval, you should apply online. APPLY Citibank Indian Oil HERE.
CITIBANK INDIAN OIL CREDIT CARD ANNUAL FEE
Rs 1000 per Year + 18% GST ( waived off, if spend is more than Rs 30,000). There is no joining fee for this card but approval from Citibank can be tricky!
Citibank IndianOil Credit Card Review
I have been using various credit cards but when I talk about this card, it is the best card I ever had. The best part of this card that we can earn turbo points from ordinary purchases. 4 turbo points can be earned if you make spend 150 rupees on the card. Turbo points can be accumulated and at the end, you can purchase petrol from this accumulated points. Rewards points will never expire.
One of the best advantages that you can have if you consumed about ₹ 1000 to 2000 monthly average fuel bill on IndiaOil Citibank Credit Card then it is the best card you have. In other cards reward points are not soo much attractive or you cannot use such rewards point as per your needs. But in Citibank, you can at least refill your fuel tank from those reward points. I will definitely recommend this card to all everybody who has good fuel consumption.
And so many offers are usually coming in the market as Citibank is tied with a lot of brands offering you a cashback or discounts. Instant loan facility is there after first bill generation.
Citibank Indian Oil Credit Card Review – FEATURES
So, Let’s magnify what features Citibank Indian Oil Credit Card actually offers:
- Fuel: 2.5% surcharge reversal + 2.6% cash back as points
- 4 Turbo Points for every Rs.150 spent on Fuel
- Upper Cap: Rs.10,000 (or 267 Turbo Points) per transaction
- Note: IOC pumps only, swiped on Citibank EDCs only
- 4 Turbo Points for every Rs.150 at our featured partner.
- 2 Turbo Points on every Rs.150 spent at groceries and supermarkets [ capped to spends up to Rs.5,000 (or 67 points) per month ]
- 1 Turbo Point = Rs.1 worth of fuel.
Citibank Indian Oil Credit Card Review – ELIGIBILITY
Age: Your age must be minimum 23 years and not go above 58 years.
For Salaried: Monthly net salary should be 42K.
For Self Employed: Last ITR income should be min 5 Lac.
CIBIL: You must have existing Credit Card or Loan history (Minimum 180 days old)
Profession: You should have been working professional or self-employed.
Residence: You must be a permanent resident of India.
Citibank Indian Oil Credit Card Review – PROS & CONS
So, let’s summarise the pros and cons of Citibank Indiaoil Credit Card
CITIBANK CREDIT CARD PROS
- Zero Annual Fee if yearly spends 30k+
- Fuel Benefits
- Dining Discounts
CITIBANK CREDIT CARD CONS
- Major fuel benefits only On Indian Oil Petrol Pumps
- Quite High ROI (Monthly 3.40%)
Citibank Indian Oil Credit Card Review – FINAL WORDS
I recommend this Indian oil credit card if you want to Flaunt a Citi credit card and specifically want a PREMIUM credit card for fuel spends. But keep in mind that major benefits are given on spends done on Indian Oil Petrol Pumps. Overall, it’s a good card to flaunt.
Moreover, you can also go for SBI Prime Credit Card. It is also one of the most Popular credit cards of SBI that offers premium services.
If you have applied for Citibank Credit Card, you can check Citibank credit card status here.
CITIBANK INDIANOIL CREDIT CARD – TERMS & CONDITION
Detailed terms & condition of the Indian Oil Citibank Credit Card can be found here. Citibank IndianOil Credit Card T & C