Citibank, N.A. (now Axis Bank from July 2024)

Citi PremierMiles Credit Card

Visa Signature / Mastercard WorldTravelPremium: SignatureLifetime freeClosed to new applicants

Citi-Axis migration completed 13-15 Jul 2024. Card continues to function for existing holders; new applicants receive the Axis-branded successor directly.

Lounge accessTravel insuranceDining benefitsFuel waiver
Free
1st year fee
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Fees
Annual feeINR 3,000 + GST (Free for Citi Gold account holders)
Joining feeINR 3,000 + GST (Free for Citi Gold account holders)
Renewal feeINR 3,000 + GST (Free for Citi Gold account holders)
Fee waiverWaived on annual spend of INR 1 lakh or more
Spend waiverNo spend-based fee waiver
Interest rate3.75% per month (45% per annum)
Late paymentNIL up to INR 2,000; INR 100 for balance above INR 2,000 (per MITC)
Forex markup3.5% on transaction amount
Cash advance2.0% of amount withdrawn, minimum INR 300
Eligibility
Min income (salaried)INR 50,000/month
Min income (self-emp.)INR 6-INR 9 lakh/year
Credit score750-800 (Very Good) (CIBIL score)
Age range23 to 60
Employment typeBoth
Resident typeIndian Resident
Rewards & cashback
Accelerated rate10 Miles per INR 100 on airline transactions
Cashback %N/A - Miles-based card
Redemption optionsFlights & Hotels, Air Miles / Airline Conversion, Gift Vouchers, Merchandise, Fuel Redemptions (IndianOil), Bank's own online redemption store
Points expiryNo Expiry
Travel & lounge
Domestic lounge4-8 visits/year (8/quarter with Visa; 6/quarter with Mastercard variant)
International lounge0 visits (domestic only)
Lounge conditionsNo
Insurance coverageYes - Air accident cover INR 1 crore; lost baggage, trip delay
Hotel/flight offers5% - 10% via partner sites
ConciergeYes - Travel bookings, hotel reservations, restaurant recommendations
Forex waiver3.5% (Standard Rate) - No waiver
Lifestyle
Dining discountsYes - Up to 20% at partner restaurants
Fuel surchargeYes - 1% surcharge waiver at IndianOil outlets
OTT subscriptionsNo
E-commerce offersNo
Credit limit & EMI
Default limitINR 75,000 - INR 1.5 lakh
Max limitINR 3 - INR 5 lakh
Cash withdrawal20% - 40%
EMI conversionPost-purchase
Min EMI amountINR 5,000+
Balance transferYes
BT interest rate1% per month
Insurance & protection
Purchase protectionNo
Lost card liabilityYes - Zero liability post reporting
Digital & security
ContactlessYes
Virtual cardYes
App featuresReal-time Spend Alerts, Card Lock/Unlock, View Statements & Due Dates, Convert to Equated Monthly Instalment (EMI), Rewards Tracking & Redemption, Autopay Setup, Download Credit Card Statement, Raise Service Requests, Spend Analyzer
Card controlsBlock/Unblock Card, Enable/Disable International Usage, Enable/Disable Online Transactions, Enable/Disable Contactless (Near-Field Communication (NFC)), Automated Teller Machine (ATM) Withdrawal Toggle, Set Transaction Limits, Card PIN Reset, Report Lost/Stolen Card
Fraud protectionReal-time Transaction Alerts, OTP for Online Transactions, CVV + Expiry + OTP Combo, Spending Pattern Detection, Suspicious Transaction Blocking, Zero Liability Guarantee, Instant Card Block Option
Zero liabilityZero liability if fraud reported within 3 working days
WhatsApp supportNo
Ideal for

Frequent Travelers, Lifestyle Spenders, Cashback Hunters

Read our guides
Airport Lounge Access GuideHow EMI WorksHow Rewards WorkJoining Fee vs Annual Fee

Know your rights

Banks cannot send you a credit card you didn't apply for. If they do and bill you, they must reverse the charge AND pay you twice that amount as penalty, automatically, no questions asked.