Citibank Cashback Credit Card (India) Review

By | May 18, 2016
Citibank Cashback Credit Card

Citibank Cashback Credit Card in India

I value Citibank Cashback Credit Card a little above Citibank Rewards Credit Card which i reviewed recently. That’s because Cashback card gives 0.5% on any purchase which is more like ICICI Bank Platinum Chip Credit Card that gives similar reward rate as payback points. One advantage of the card is that you get 5% off on movie tickets and telephone bill payments. While that might sound good, i’m enjoying better offers on Bookmyshow and Paytm 😉

Citibank Cashback Credit Card Reward Rate:

  • 5% cash back on movie ticket purchases
  • 5% cash back on all your telephone bill payments
  • 0.5% Cash Back on all other spends.
  • Pay through Citibank Online Bill Pay and get 5% cash back on Utility Bill Payments

Note: Cash back in the Telephone / Movies / Utility category is capped at Rs.100 per month for each category.

5% Cashback looks good isn’t it? NO, Why would you choose this card to pay for movie while you can get tickets for free with Bookmyshow offers. I’m using Amex Bookmyshow Offer and SBI Signature Credit card bookmyshow offer to enjoy free movies every month.

Now, utility/Mobile bill payments are also taken care by frequent offers from Paytm and other related sites. So if you’re getting the card, only reason has to be that you get 0.5% Cash Back on all other spends which is not bad.

Features of Citibank Cashback Credit Card:

  • CardExpert Rating: 3/5
  • Reward rate: 0.5% – 5%
  • Foreign Exchange Markup fee: 3.5% + Service Tax

This is again a very beginner range credit card similar to Citibank Rewards Credit Card but is actually better than that. Major difference between rewards card and cashback card is that in cashback card, there is no concept of reward points and so you can’t redeem anywhere else except statement credit.

Do you hold Citibank Cashback Credit Card? Please share your experience below.

7 thoughts on “Citibank Cashback Credit Card (India) Review

  1. P Rajasekhar Reddy

    Hi,

    Am using Citibank rewards credit cards, interest rates are tooooo high think twice before choosing citibank.

    Reply
  2. Vedant Dadhich

    Which Is better Citi Cashback/Rewards or HDFC Moneyback?

    Reply
  3. Sunny

    I currently own HDFC Moneyback and SBI SimplySave credit cards. My purchases vary from 10-15k a month, typically done for movie tickets, bill payments and online purchases. It also includes a dine out every once in a while.
    Since the MoneyBack card got devalued recently, I am thinking of changing my credit card habits.
    I have been offered an upgrade to the SBI Air India Signature card but don’t fly much.

    Is the Citi Cashbank credit card good for me or is it not worth the switch. I am also considering the AMEX Gold Card.

    Please suggest.

    Thanks!

    Reply
  4. Sai

    i am using it only for utility bill payments. every month 100/- getting added as part of 5% cash back and for every 5 months 500/- is getting credited to my card account. This is Good. 🙂

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *