Fees
Annual feeNIL (Zero annual fee)
Joining feeNIL (Zero joining fee)
Renewal feeNIL (Zero annual fee)
Fee waiverN/A - Lifetime free card
Spend waiverLifetime Free
Interest rate3.75% per month (45% per annum)
Late paymentNIL up to INR 2,000; INR 600 for INR 2,001-INR 7,500; INR 950 for INR 7,501-INR 15,000; INR 1,300 above INR 15,000
Forex markup3.5% on transaction amount
Cash advance2.5% of amount withdrawn, minimum INR 500
Eligibility
Min income (salaried)Not publicly specified; standard Citi criteria apply
Min income (self-emp.)Not publicly specified; standard Citi criteria apply
Credit score700-750 (CIBIL score)
Age range21 to 60
Employment typeBoth
Resident typeIndian Resident
Rewards & cashback
Accelerated rate3 Reward Points (RPs) per INR 100 at IKEA stores/website; 2 Reward Points (RPs) per INR 100 on dining
Cashback %Effective 0.6% at IKEA; 0.4% dining; 0.2% other
Redemption optionsMerchandise (at IKEA), Gift Vouchers (IKEA), Bank's own online redemption store
Points expiry2 Years
Travel & lounge
Domestic lounge0 visits (no lounge benefit)
International lounge0 visits (no lounge benefit)
Lounge conditionsNo
Insurance coverageNo
Hotel/flight offers0% - 5%
ConciergeNo
Forex waiver3.5% (Standard Rate)
Lifestyle
Dining discountsYes - 20% at partner restaurants; IKEA in-store café discounts
Fuel surchargeYes - 1% surcharge waiver at IndianOil outlets
OTT subscriptionsNo
E-commerce offersYes - IKEA online store (ikea.com/in)
Credit limit & EMI
Default limitINR 10,000 - INR 25,000
Max limitINR 75,000 - INR 1.5 lakh
Cash withdrawal20% - 40%
EMI conversionAt Purchase / Post-purchase
Min EMI amountINR 1,500 - INR 2,000
Balance transferYes
BT interest rate1% per month
Insurance & protection
Purchase protectionNo
Lost card liabilityYes - Zero liability post reporting
Digital & security
ContactlessYes
Virtual cardYes - Digital card issued instantly on approval
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
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, Zero Liability Guarantee, Instant Card Block Option, Tokenization (RBI Mandated)
Zero liabilityZero liability if fraud reported within 3 working days
WhatsApp supportNo